4,928 Shares in The Williams Companies, Inc. (NYSE:WMB) Acquired by Brooklyn FI LLC

Brooklyn FI LLC bought a new stake in The Williams Companies, Inc. (NYSE:WMB) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 4,928 shares of the pipeline company’s stock, valued at approximately $266,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Quent Capital LLC acquired a new stake in shares of Williams Companies in the 4th quarter worth $25,000. Bank of Jackson Hole Trust acquired a new stake in Williams Companies in the fourth quarter worth about $25,000. AlphaMark Advisors LLC purchased a new stake in shares of Williams Companies during the fourth quarter worth about $27,000. Compass Planning Associates Inc acquired a new position in shares of Williams Companies during the fourth quarter valued at about $30,000. Finally, Financial Life Planners purchased a new position in shares of Williams Companies in the 4th quarter valued at approximately $30,000. 86.44% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Williams Companies

In related news, SVP Larry C. Larsen sold 8,000 shares of Williams Companies stock in a transaction dated Wednesday, March 12th. The stock was sold at an average price of $56.94, for a total value of $455,520.00. Following the sale, the senior vice president now directly owns 81,265 shares in the company, valued at approximately $4,627,229.10. The trade was a 8.96 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, COO Micheal G. Dunn sold 96,687 shares of the stock in a transaction that occurred on Friday, March 7th. The shares were sold at an average price of $53.04, for a total value of $5,128,278.48. Following the transaction, the chief operating officer now directly owns 714,693 shares of the company’s stock, valued at $37,907,316.72. The trade was a 11.92 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 139,583 shares of company stock valued at $7,563,278 over the last 90 days. Corporate insiders own 0.44% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on WMB shares. Barclays upped their price target on shares of Williams Companies from $46.00 to $56.00 and gave the company an “equal weight” rating in a research note on Friday, January 10th. Citigroup upped their target price on Williams Companies from $63.00 to $65.00 and gave the company a “buy” rating in a research report on Tuesday, February 25th. Royal Bank of Canada lifted their price target on Williams Companies from $62.00 to $63.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 4th. Scotiabank increased their price objective on Williams Companies from $51.00 to $53.00 and gave the company a “sector perform” rating in a report on Thursday, March 6th. Finally, The Goldman Sachs Group upped their target price on Williams Companies from $45.00 to $55.00 and gave the company a “neutral” rating in a research report on Tuesday, November 26th. 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 data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $55.07.

Williams Companies Price Performance

Shares of Williams Companies stock opened at $59.37 on Thursday. The firm has a market cap of $72.39 billion, a PE ratio of 32.44, a P/E/G ratio of 5.01 and a beta of 1.03. The Williams Companies, Inc. has a twelve month low of $37.18 and a twelve month high of $61.46. The company has a quick ratio of 0.45, a current ratio of 0.50 and a debt-to-equity ratio of 1.67. The business has a 50-day moving average price of $56.95 and a 200 day moving average price of $53.79.

Williams Companies (NYSE:WMB) last announced its earnings results on Wednesday, February 12th. The pipeline company reported $0.47 earnings per share for the quarter, hitting the consensus estimate of $0.47. Williams Companies had a return on equity of 15.85% and a net margin of 21.17%. Sell-side analysts predict that The Williams Companies, Inc. will post 2.08 earnings per share for the current fiscal year.

Williams Companies Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be given a $0.50 dividend. This is a positive change 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 3.37%. Williams Companies’s dividend payout ratio (DPR) is 109.29%.

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.