Compass Wealth Management LLC lessened its stake in shares of The Williams Companies, Inc. (NYSE:WMB – Free Report) by 8.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 105,674 shares of the pipeline company’s stock after selling 9,500 shares during the quarter. Williams Companies comprises about 1.4% of Compass Wealth Management LLC’s holdings, making the stock its 19th biggest holding. Compass Wealth Management LLC’s holdings in Williams Companies were worth $5,719,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors have also modified their holdings of the stock. Albion Financial Group UT boosted its stake in Williams Companies by 18.4% in the fourth quarter. Albion Financial Group UT now owns 1,184 shares of the pipeline company’s stock valued at $64,000 after acquiring an additional 184 shares in the last quarter. Brooklyn Investment Group lifted its stake in Williams Companies by 2.6% in the third quarter. Brooklyn Investment Group now owns 7,817 shares of the pipeline company’s stock valued at $357,000 after buying an additional 197 shares during the last quarter. Laurel Wealth Advisors LLC boosted its holdings in shares of Williams Companies by 10.1% in the fourth quarter. Laurel Wealth Advisors LLC now owns 2,178 shares of the pipeline company’s stock valued at $118,000 after acquiring an additional 200 shares during the period. Dearborn Partners LLC grew its position in shares of Williams Companies by 1.1% during the third quarter. Dearborn Partners LLC now owns 18,111 shares of the pipeline company’s stock worth $827,000 after acquiring an additional 201 shares during the last quarter. Finally, Tidal Investments LLC increased its holdings in shares of Williams Companies by 0.5% in the 3rd quarter. Tidal Investments LLC now owns 41,514 shares of the pipeline company’s stock valued at $1,895,000 after acquiring an additional 207 shares during the period. Institutional investors and hedge funds own 86.44% of the company’s stock.
Insider Buying and Selling at Williams Companies
In related news, CAO Mary A. Hausman sold 7,951 shares of the company’s stock in a transaction on Friday, November 8th. The shares were sold at an average price of $56.30, for a total value of $447,641.30. Following the sale, the chief accounting officer now directly owns 25,858 shares of the company’s stock, valued at $1,455,805.40. This represents a 23.52 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.44% of the stock is owned by insiders.
Analyst Upgrades and Downgrades
Check Out Our Latest Report on Williams Companies
Williams Companies Stock Up 0.3 %
NYSE WMB opened at $59.64 on Friday. The stock has a market cap of $72.70 billion, a PE ratio of 25.17, a P/E/G ratio of 5.31 and a beta of 1.06. The business has a 50 day moving average price of $56.47 and a two-hundred day moving average price of $50.30. The Williams Companies, Inc. has a fifty-two week low of $32.65 and a fifty-two week high of $61.46. The company has a quick ratio of 0.51, a current ratio of 0.57 and a debt-to-equity ratio of 1.67.
Williams Companies (NYSE:WMB – Get Free Report) last announced its earnings results on Wednesday, November 6th. The pipeline company reported $0.43 earnings per share for the quarter, beating the consensus estimate of $0.42 by $0.01. Williams Companies had a net margin of 27.36% and a return on equity of 15.89%. The business had revenue of $2.65 billion during the quarter, compared to the consensus estimate of $2.52 billion. During the same period in the prior year, the firm earned $0.45 earnings per share. The business’s quarterly revenue was up 3.7% compared to the same quarter last year. As a group, sell-side analysts predict that The Williams Companies, Inc. will post 1.92 EPS for the current fiscal year.
Williams Companies Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Friday, December 13th were paid a $0.475 dividend. This represents a $1.90 annualized dividend and a dividend yield of 3.19%. The ex-dividend date was Friday, December 13th. Williams Companies’s dividend payout ratio (DPR) is 80.17%.
Williams Companies Company 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.
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