DT Investment Partners LLC Has $48,000 Position in The Williams Companies, Inc. (NYSE:WMB)

DT Investment Partners LLC boosted its holdings in The Williams Companies, Inc. (NYSE:WMB) by 32.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 890 shares of the pipeline company’s stock after purchasing an additional 220 shares during the quarter. DT Investment Partners LLC’s holdings in Williams Companies were worth $48,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Quent Capital LLC acquired a new stake in Williams Companies in the 4th quarter valued at $25,000. AlphaMark Advisors LLC acquired a new stake in Williams Companies in the 4th quarter valued at $27,000. Financial Life Planners acquired a new stake in Williams Companies in the 4th quarter valued at $30,000. SOA Wealth Advisors LLC. purchased a new position in Williams Companies during the 4th quarter worth $32,000. Finally, Legacy Investment Solutions LLC purchased a new position in Williams Companies during the 3rd quarter worth $30,000. Institutional investors and hedge funds own 86.44% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have issued reports on WMB shares. CIBC lifted their price objective on shares of Williams Companies from $45.00 to $54.00 and gave the stock a “neutral” rating in a report on Tuesday, October 22nd. Barclays lifted their price objective on shares of Williams Companies from $46.00 to $56.00 and gave the stock an “equal weight” rating in a report on Friday, January 10th. Bank of America assumed coverage on shares of Williams Companies in a report on Thursday, October 17th. They set a “buy” rating and a $55.00 price objective on the stock. 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. Finally, The Goldman Sachs Group lifted their target price on Williams Companies from $45.00 to $55.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 26th. One 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. Based on data from MarketBeat, Williams Companies presently has an average rating of “Hold” and a consensus price target of $53.00.

Williams Companies Trading Up 4.9 %

Shares of Williams Companies stock opened at $57.52 on Friday. The Williams Companies, Inc. has a 52-week low of $32.65 and a 52-week high of $61.46. The stock’s 50-day simple moving average is $55.84 and its 200 day simple moving average is $51.51. The stock has a market capitalization of $70.12 billion, a P/E ratio of 24.27, a P/E/G ratio of 5.06 and a beta of 1.04. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.51 and a current ratio of 0.57.

Williams Companies (NYSE:WMB) last announced its quarterly earnings data on Wednesday, February 12th. The pipeline company reported $0.47 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.47. Williams Companies had a return on equity of 15.89% and a net margin of 27.36%. As a group, research analysts anticipate that The Williams Companies, Inc. will post 1.91 EPS for the current year.

Williams Companies Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be given a dividend of $0.50 per share. The ex-dividend date of this dividend is Friday, March 14th. This is a boost from Williams Companies’s previous quarterly dividend of $0.48. This represents a $2.00 annualized dividend and a dividend yield of 3.48%. Williams Companies’s dividend payout ratio is currently 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.