CarsonAllaria Wealth Management Ltd. Has $124,000 Holdings in The Williams Companies, Inc. (NYSE:WMB)

CarsonAllaria Wealth Management Ltd. lowered its stake in shares of The Williams Companies, Inc. (NYSE:WMB) by 58.3% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 2,293 shares of the pipeline company’s stock after selling 3,203 shares during the period. CarsonAllaria Wealth Management Ltd.’s holdings in Williams Companies were worth $124,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in WMB. Baader Bank Aktiengesellschaft grew its holdings in Williams Companies by 3.3% during the fourth quarter. Baader Bank Aktiengesellschaft now owns 5,568 shares of the pipeline company’s stock worth $300,000 after buying an additional 180 shares in the last quarter. Albion Financial Group UT raised its holdings in shares of 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 purchasing an additional 184 shares during the last quarter. Brooklyn Investment Group raised its holdings in shares of 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 purchasing an additional 197 shares during the last quarter. Laurel Wealth Advisors LLC lifted its position in shares of Williams Companies by 10.1% during the fourth quarter. Laurel Wealth Advisors LLC now owns 2,178 shares of the pipeline company’s stock valued at $118,000 after purchasing an additional 200 shares in the last quarter. Finally, Dearborn Partners LLC boosted its holdings in 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 purchasing an additional 201 shares during the last quarter. 86.44% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Williams Companies news, CAO Mary A. Hausman sold 7,951 shares of Williams Companies stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $56.30, for a total transaction of $447,641.30. Following the completion of the sale, the chief accounting officer now directly owns 25,858 shares in the company, valued at $1,455,805.40. The trade was a 23.52 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.44% of the stock is owned by company insiders.

Williams Companies Trading Down 0.8 %

Shares of WMB opened at $55.73 on Wednesday. The Williams Companies, Inc. has a twelve month low of $32.65 and a twelve month high of $61.46. The stock has a market cap of $67.94 billion, a PE ratio of 23.52, a P/E/G ratio of 5.01 and a beta of 1.05. The company has a quick ratio of 0.51, a current ratio of 0.57 and a debt-to-equity ratio of 1.67. The business’s 50-day moving average price is $56.08 and its 200-day moving average price is $50.95.

Williams Companies (NYSE:WMB) last posted its earnings results on Wednesday, November 6th. The pipeline company reported $0.43 earnings per share for the quarter, topping analysts’ consensus estimates of $0.42 by $0.01. The business had revenue of $2.65 billion for the quarter, compared to analyst estimates of $2.52 billion. Williams Companies had a net margin of 27.36% and a return on equity of 15.89%. Williams Companies’s revenue was up 3.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.45 EPS. On average, equities analysts forecast that The Williams Companies, Inc. will post 1.91 EPS for the current fiscal year.

Williams Companies Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.59%. The ex-dividend date is Friday, March 14th. This is an increase from Williams Companies’s previous quarterly dividend of $0.48. Williams Companies’s dividend payout ratio (DPR) is 80.17%.

Analyst Ratings Changes

Several equities analysts have commented on the stock. CIBC lifted their target price on shares of Williams Companies from $45.00 to $54.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 22nd. Mizuho lifted their target price on Williams Companies from $47.00 to $56.00 and gave the stock an “outperform” rating in a research note on Monday, November 4th. Royal Bank of Canada increased their price target on shares of Williams Companies from $47.00 to $56.00 and gave the company an “outperform” rating in a research report on Wednesday, October 16th. Scotiabank reiterated a “sector perform” rating and issued a $51.00 target price on shares of Williams Companies in a research note on Friday, January 10th. Finally, UBS Group increased their target price on shares of Williams Companies from $55.00 to $70.00 and gave the company a “buy” rating in a research report on Friday, November 15th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and nine have given a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $53.00.

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.