Oxbow Advisors LLC Sells 101,772 Shares of The Williams Companies, Inc. (NYSE:WMB)

Oxbow Advisors LLC decreased its position in shares of The Williams Companies, Inc. (NYSE:WMB) by 36.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 175,540 shares of the pipeline company’s stock after selling 101,772 shares during the period. Williams Companies makes up 1.1% of Oxbow Advisors LLC’s holdings, making the stock its 19th biggest position. Oxbow Advisors LLC’s holdings in Williams Companies were worth $9,500,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in WMB. Quent Capital LLC bought a new position in Williams Companies during the 4th quarter worth $25,000. Bank of Jackson Hole Trust bought a new position in Williams Companies during the 4th quarter worth $25,000. AlphaMark Advisors LLC bought a new position in Williams Companies during the 4th quarter worth $27,000. Legacy Investment Solutions LLC bought a new position in shares of Williams Companies in the third quarter worth $30,000. Finally, Financial Life Planners bought a new position in shares of Williams Companies in the fourth quarter worth $30,000. Institutional investors own 86.44% of the company’s stock.

Analyst Upgrades and Downgrades

WMB has been the topic of a number of recent analyst reports. Barclays raised their price target on Williams Companies from $46.00 to $56.00 and gave the stock an “equal weight” rating in a research report on Friday, January 10th. Truist Financial raised their price target on Williams Companies from $56.00 to $60.00 and gave the stock a “hold” rating in a research report on Friday, February 14th. UBS Group raised their price target on Williams Companies from $55.00 to $70.00 and gave the stock a “buy” rating in a research report on Friday, November 15th. The Goldman Sachs Group raised their price target on Williams Companies from $45.00 to $55.00 and gave the stock a “neutral” rating in a research report on Tuesday, November 26th. Finally, Scotiabank restated a “sector perform” rating and issued a $51.00 price target on shares of Williams Companies in a research report on Friday, January 10th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $53.29.

Williams Companies Stock Performance

NYSE:WMB opened at $57.44 on Friday. The stock’s 50-day simple moving average is $56.15 and its 200 day simple moving average is $52.18. The firm has a market capitalization of $70.01 billion, a PE ratio of 31.39, a price-to-earnings-growth ratio of 5.01 and a beta of 1.04. 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 Williams Companies, Inc. has a twelve month low of $34.26 and a twelve month high of $61.46.

Williams Companies (NYSE:WMB) last announced its quarterly earnings results on Wednesday, February 12th. The pipeline company reported $0.47 EPS for the quarter, meeting analysts’ consensus estimates of $0.47. Williams Companies had a return on equity of 15.85% and a net margin of 21.17%. On average, analysts anticipate that The Williams Companies, Inc. will post 2.08 EPS for the current fiscal year.

Williams Companies Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.48%. 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. Williams Companies’s dividend payout ratio (DPR) is presently 103.83%.

About Williams Companies

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.