Williams Companies, Inc. (The) (NYSE:WMB) Holdings Boosted by Bronfman E.L. Rothschild L.P.

Bronfman E.L. Rothschild L.P. raised its holdings in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 78.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,537 shares of the pipeline company’s stock after buying an additional 1,997 shares during the period. Bronfman E.L. Rothschild L.P.’s holdings in Williams Companies, Inc. (The) were worth $137,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in WMB. Glen Harbor Capital Management LLC lifted its position in Williams Companies, Inc. (The) by 28.6% during the first quarter. Glen Harbor Capital Management LLC now owns 13,536 shares of the pipeline company’s stock valued at $401,000 after buying an additional 3,008 shares in the last quarter. Strs Ohio lifted its position in Williams Companies, Inc. (The) by 12.6% during the first quarter. Strs Ohio now owns 11,328 shares of the pipeline company’s stock valued at $335,000 after buying an additional 1,272 shares in the last quarter. Daiwa Securities Group Inc. lifted its position in Williams Companies, Inc. (The) by 25.6% during the first quarter. Daiwa Securities Group Inc. now owns 22,600 shares of the pipeline company’s stock valued at $669,000 after buying an additional 4,600 shares in the last quarter. TIAA CREF Trust Co. FSB MO lifted its position in Williams Companies, Inc. (The) by 93.0% during the first quarter. TIAA CREF Trust Co. FSB MO now owns 104,762 shares of the pipeline company’s stock valued at $3,100,000 after buying an additional 50,489 shares in the last quarter. Finally, Henderson Group PLC lifted its position in Williams Companies, Inc. (The) by 2.7% during the first quarter. Henderson Group PLC now owns 101,463 shares of the pipeline company’s stock valued at $3,003,000 after buying an additional 2,700 shares in the last quarter. 84.70% of the stock is currently owned by hedge funds and other institutional investors.

A number of research analysts have weighed in on WMB shares. Zacks Investment Research raised shares of Williams Companies, Inc. (The) from a “hold” rating to a “buy” rating and set a $35.00 price target on the stock in a research report on Monday, July 24th. Jefferies Group LLC set a $34.00 target price on shares of Williams Companies, Inc. (The) and gave the stock a “buy” rating in a research report on Friday, June 16th. BMO Capital Markets set a $32.00 target price on shares of Williams Companies, Inc. (The) and gave the stock a “buy” rating in a research report on Thursday, June 15th. Royal Bank Of Canada reissued a “buy” rating and set a $34.00 target price on shares of Williams Companies, Inc. (The) in a research report on Tuesday, June 6th. Finally, BidaskClub raised shares of Williams Companies, Inc. (The) from a “hold” rating to a “buy” rating in a research report on Thursday, July 6th. Five equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $34.00.

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In related news, Director Stephen I. Chazen acquired 5,000 shares of the company’s stock in a transaction on Monday, August 21st. The stock was purchased at an average cost of $28.93 per share, for a total transaction of $144,650.00. Following the completion of the purchase, the director now directly owns 10,000 shares of the company’s stock, valued at approximately $289,300. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, VP Ted T. Timmermans sold 2,000 shares of the stock in a transaction on Tuesday, August 8th. The stock was sold at an average price of $30.66, for a total value of $61,320.00. Following the transaction, the vice president now owns 11,094 shares of the company’s stock, valued at $340,142.04. The disclosure for this sale can be found here. Corporate insiders own 0.53% of the company’s stock.

Shares of Williams Companies, Inc. (WMB) opened at 30.00 on Friday. The company has a market cap of $24.80 billion, a price-to-earnings ratio of 47.32 and a beta of 1.39. The firm’s 50-day moving average is $30.06 and its 200 day moving average is $29.92. Williams Companies, Inc. has a 1-year low of $27.35 and a 1-year high of $32.69.

Williams Companies, Inc. (The) (NYSE:WMB) last issued its earnings results on Wednesday, August 2nd. The pipeline company reported $0.13 EPS for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.06). Williams Companies, Inc. (The) had a net margin of 6.24% and a return on equity of 3.43%. The firm had revenue of $1.92 billion during the quarter, compared to analyst estimates of $2.26 billion. During the same quarter in the previous year, the company posted $0.19 earnings per share. Equities analysts expect that Williams Companies, Inc. will post $0.86 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 25th. Shareholders of record on Friday, September 8th will be paid a dividend of $0.30 per share. The ex-dividend date of this dividend is Thursday, September 7th. This represents a $1.20 annualized dividend and a yield of 4.00%. Williams Companies, Inc. (The)’s dividend payout ratio is currently 196.72%.

Williams Companies, Inc. (The) Profile

The Williams Companies, Inc is an energy infrastructure company. The Company is focused on connecting North America’s hydrocarbon resource plays to markets for natural gas, natural gas liquids (NGL), and olefins. As of December 31, 2016, its interstate gas pipelines, midstream and olefins production interests were held through its investment in Williams Partners L.P.

Institutional Ownership by Quarter for Williams Companies, Inc. (The) (NYSE:WMB)

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