The Williams Companies, Inc. (NYSE:WMB) Shares Sold by Kozak & Associates Inc.

Kozak & Associates Inc. decreased its stake in shares of The Williams Companies, Inc. (NYSE:WMB) by 23.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,827 shares of the pipeline company’s stock after selling 877 shares during the quarter. Kozak & Associates Inc.’s holdings in Williams Companies were worth $129,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in WMB. CVA Family Office LLC increased its position in shares of Williams Companies by 18.7% in the 3rd quarter. CVA Family Office LLC now owns 1,578 shares of the pipeline company’s stock valued at $72,000 after acquiring an additional 249 shares during the period. J.W. Cole Advisors Inc. increased its holdings in shares of Williams Companies by 2.8% in the second quarter. J.W. Cole Advisors Inc. now owns 9,298 shares of the pipeline company’s stock valued at $395,000 after purchasing an additional 257 shares during the period. Meiji Yasuda Asset Management Co Ltd. raised its stake in shares of Williams Companies by 0.8% in the second quarter. Meiji Yasuda Asset Management Co Ltd. now owns 31,206 shares of the pipeline company’s stock worth $1,326,000 after purchasing an additional 260 shares during the last quarter. Everett Harris & Co. CA raised its stake in shares of Williams Companies by 1.8% in the first quarter. Everett Harris & Co. CA now owns 15,175 shares of the pipeline company’s stock worth $591,000 after purchasing an additional 275 shares during the last quarter. Finally, Schulhoff & Co. Inc. lifted its holdings in shares of Williams Companies by 1.6% during the first quarter. Schulhoff & Co. Inc. now owns 17,883 shares of the pipeline company’s stock worth $697,000 after purchasing an additional 276 shares during the period. Hedge funds and other institutional investors own 86.44% of the company’s stock.

Williams Companies Price Performance

Shares of Williams Companies stock opened at $51.54 on Friday. The company has a debt-to-equity ratio of 1.64, a current ratio of 0.45 and a quick ratio of 0.39. The business has a 50 day simple moving average of $46.11 and a two-hundred day simple moving average of $42.75. The stock has a market capitalization of $62.81 billion, a P/E ratio of 21.66, a PEG ratio of 7.10 and a beta of 1.05. The Williams Companies, Inc. has a 12 month low of $32.65 and a 12 month high of $52.17.

Williams Companies (NYSE:WMB) last posted its quarterly earnings data on Monday, August 5th. The pipeline company reported $0.43 EPS for the quarter, beating the consensus estimate of $0.38 by $0.05. Williams Companies had a return on equity of 16.17% and a net margin of 27.11%. The firm had revenue of $2.34 billion during the quarter, compared to the consensus estimate of $2.46 billion. During the same period in the prior year, the company earned $0.42 EPS. The firm’s revenue was down 5.9% compared to the same quarter last year. As a group, analysts predict that The Williams Companies, Inc. will post 1.9 EPS for the current fiscal year.

Williams Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Friday, September 13th were paid a dividend of $0.475 per share. The ex-dividend date was Friday, September 13th. This represents a $1.90 annualized dividend and a yield of 3.69%. Williams Companies’s dividend payout ratio is presently 79.83%.

Analyst Ratings Changes

A number of equities analysts have issued reports on the stock. Royal Bank of Canada raised their price target on shares of Williams Companies from $47.00 to $56.00 and gave the stock an “outperform” rating in a research report on Wednesday. Seaport Res Ptn lowered shares of Williams Companies from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 30th. StockNews.com lowered Williams Companies from a “buy” rating to a “hold” rating in a research note on Tuesday, August 6th. Barclays upped their target price on Williams Companies from $42.00 to $46.00 and gave the stock an “equal weight” rating in a research note on Wednesday, October 2nd. Finally, Argus upgraded Williams Companies from a “hold” rating to a “buy” rating in a research report on Thursday, June 20th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and nine have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $47.46.

Insider Buying and Selling at Williams Companies

In other news, SVP Terrance Lane Wilson sold 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, October 1st. The stock was sold at an average price of $45.29, for a total value of $90,580.00. Following the completion of the sale, the senior vice president now directly owns 304,200 shares in the company, valued at $13,777,218. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.44% of the stock is owned by insiders.

Williams Companies Profile

The Williams Companies, Inc, together with its subsidiaries, operates as an energy infrastructure company primarily in the United States. It operates through Transmission & Gulf of Mexico, Northeast G&P, West, and Gas & NGL Marketing Services segments. The Transmission & Gulf of Mexico segment comprises natural gas pipelines; Transco, Northwest pipeline, MountainWest, and related natural gas storage facilities; and natural gas gathering and processing, and crude oil production handling and transportation assets in the Gulf Coast region.