HPM Partners LLC Has $2.34 Million Position in Williams Companies, Inc. (The) (WMB)

HPM Partners LLC raised its stake in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 3.8% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 12,222 shares of the pipeline company’s stock after purchasing an additional 446 shares during the quarter. HPM Partners LLC’s holdings in Williams Companies, Inc. (The) were worth $2,342,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Glen Harbor Capital Management LLC grew its stake 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 worth $401,000 after buying an additional 3,008 shares during the last quarter. Strs Ohio lifted its position in shares of Williams Companies, Inc. (The) by 12.6% during the first quarter. Strs Ohio now owns 11,328 shares of the pipeline company’s stock worth $335,000 after purchasing an additional 1,272 shares in the last quarter. Daiwa Securities Group Inc. lifted its position in shares of 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 worth $669,000 after purchasing an additional 4,600 shares in the last quarter. TIAA CREF Trust Co. FSB MO lifted its position in shares of 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 worth $3,100,000 after purchasing an additional 50,489 shares in the last quarter. Finally, Henderson Group PLC lifted its position in shares of 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 worth $3,003,000 after purchasing an additional 2,700 shares in the last quarter. 84.65% of the stock is currently owned by institutional investors and hedge funds.

Several equities analysts recently weighed in on WMB shares. BidaskClub upgraded shares of Williams Companies, Inc. (The) from a “sell” rating to a “hold” rating in a report on Friday, August 25th. Sanford C. Bernstein restated an “outperform” rating on shares of Williams Companies, Inc. (The) in a report on Thursday, August 10th. Royal Bank Of Canada increased their price objective on shares of Williams Companies, Inc. (The) from $34.00 to $36.00 and gave the company an “outperform” rating in a report on Friday, August 4th. Zacks Investment Research downgraded shares of Williams Companies, Inc. (The) from a “buy” rating to a “hold” rating in a research note on Thursday, July 27th. Finally, Scotiabank set a $30.00 target price on shares of Williams Companies, Inc. (The) and gave the company a “hold” rating in a research note on Saturday, July 22nd. Five investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $34.00.

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

Shares of Williams Companies, Inc. (NYSE WMB) traded down 0.56% during mid-day trading on Friday, reaching $30.24. 2,415,744 shares of the company’s stock were exchanged. Williams Companies, Inc. has a 52-week low of $27.35 and a 52-week high of $32.69. The company has a market cap of $25.00 billion, a PE ratio of 47.70 and a beta of 1.39. The company’s 50-day moving average price is $30.18 and its 200 day moving average price is $29.87.

Williams Companies, Inc. (The) (NYSE:WMB) last posted its quarterly earnings data on Wednesday, August 2nd. The pipeline company reported $0.13 earnings per share for the quarter, missing the Zacks’ consensus estimate 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 company had revenue of $1.92 billion for the quarter, compared to analysts’ expectations of $2.26 billion. During the same period in the previous year, the firm earned $0.19 earnings per share. On average, equities research analysts predict that Williams Companies, Inc. will post $0.85 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 25th. Investors of record on Friday, September 8th will be issued a $0.30 dividend. The ex-dividend date of this dividend is Thursday, September 7th. This represents a $1.20 dividend on an annualized basis and a yield of 3.95%. Williams Companies, Inc. (The)’s dividend payout ratio is presently 196.72%.

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About Williams Companies, Inc. (The)

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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