The Williams Companies, Inc. (NYSE:WMB) Stake Lowered by Capital Advisors Inc. OK

Capital Advisors Inc. OK lowered its holdings in The Williams Companies, Inc. (NYSE:WMB) by 0.3% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 2,302,033 shares of the pipeline company’s stock after selling 6,670 shares during the quarter. Williams Companies comprises 2.5% of Capital Advisors Inc. OK’s investment portfolio, making the stock its 6th biggest holding. Capital Advisors Inc. OK owned about 0.19% of Williams Companies worth $124,586,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the business. Schear Investment Advisers LLC acquired a new stake in shares of Williams Companies in the 4th quarter valued at about $200,000. Portfolio Design Labs LLC acquired a new stake in shares of Williams Companies in the 4th quarter valued at about $218,000. Quent Capital LLC acquired a new stake in shares of Williams Companies in the 4th quarter valued at about $25,000. Sovran Advisors LLC acquired a new stake in Williams Companies during the 4th quarter worth approximately $359,000. Finally, Stonebridge Financial Group LLC acquired a new stake in Williams Companies during the 4th quarter worth approximately $49,000. Hedge funds and other institutional investors own 86.44% of the company’s stock.

Williams Companies Stock Performance

Williams Companies stock opened at $55.24 on Wednesday. The Williams Companies, Inc. has a fifty-two week low of $32.65 and a fifty-two week high of $61.46. The stock has a fifty day moving average of $55.90 and a two-hundred day moving average of $51.40. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.51 and a current ratio of 0.57. The company has a market capitalization of $67.33 billion, a price-to-earnings ratio of 23.31, a PEG ratio of 5.06 and a beta of 1.04.

Williams Companies Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be issued a dividend of $0.50 per share. This is a boost from Williams Companies’s previous quarterly dividend of $0.48. The ex-dividend date of this dividend is Friday, March 14th. This represents a $2.00 annualized dividend and a dividend yield of 3.62%. Williams Companies’s dividend payout ratio (DPR) is 80.17%.

Analysts Set New Price Targets

WMB has been the subject of a number of recent research reports. Scotiabank reaffirmed a “sector perform” rating and set a $51.00 price objective on shares of Williams Companies in a research report on Friday, January 10th. Royal Bank of Canada increased their price objective on Williams Companies from $47.00 to $56.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 16th. Truist Financial increased their price objective on Williams Companies from $52.00 to $56.00 and gave the stock a “hold” rating in a research report on Tuesday, December 3rd. UBS Group increased their price objective on Williams Companies from $55.00 to $70.00 and gave the stock a “buy” rating in a research report on Friday, November 15th. Finally, CIBC increased their price objective on Williams Companies from $45.00 to $54.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 22nd. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and nine have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Williams Companies presently has a consensus rating of “Hold” and an average price target 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.