Mosley Wealth Management Raises Stock Holdings in The Williams Companies, Inc. (NYSE:WMB)

Mosley Wealth Management increased its stake in The Williams Companies, Inc. (NYSE:WMB) by 40.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 16,771 shares of the pipeline company’s stock after buying an additional 4,815 shares during the period. Mosley Wealth Management’s holdings in Williams Companies were worth $713,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Fisher Asset Management LLC bought a new stake in shares of Williams Companies during the fourth quarter valued at approximately $322,000. Apollon Wealth Management LLC lifted its holdings in shares of Williams Companies by 20.7% in the 4th quarter. Apollon Wealth Management LLC now owns 24,738 shares of the pipeline company’s stock worth $862,000 after buying an additional 4,250 shares during the period. Principal Securities Inc. bought a new position in shares of Williams Companies during the 4th quarter worth $1,197,000. Kinsale Capital Group Inc. increased its stake in shares of Williams Companies by 25.1% during the fourth quarter. Kinsale Capital Group Inc. now owns 73,888 shares of the pipeline company’s stock valued at $2,574,000 after buying an additional 14,812 shares during the period. Finally, Teacher Retirement System of Texas raised its holdings in shares of Williams Companies by 36.1% in the fourth quarter. Teacher Retirement System of Texas now owns 147,923 shares of the pipeline company’s stock valued at $5,152,000 after acquiring an additional 39,215 shares in the last quarter. Institutional investors own 86.44% of the company’s stock.

Williams Companies Stock Down 1.3 %

Shares of WMB traded down $0.57 during mid-day trading on Friday, hitting $44.26. 4,602,869 shares of the company traded hands, compared to its average volume of 6,411,479. The company has a market capitalization of $53.94 billion, a PE ratio of 18.59, a price-to-earnings-growth ratio of 6.11 and a beta of 1.05. The company has a quick ratio of 0.39, a current ratio of 0.45 and a debt-to-equity ratio of 1.64. The business has a 50 day moving average of $43.56 and a 200 day moving average of $40.63. The Williams Companies, Inc. has a 1-year low of $32.49 and a 1-year high of $45.81.

Williams Companies (NYSE:WMB) last issued its quarterly earnings results on Monday, August 5th. The pipeline company reported $0.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.38 by $0.05. Williams Companies had a net margin of 27.11% and a return on equity of 16.17%. The business had revenue of $2.34 billion for the quarter, compared to analyst estimates of $2.46 billion. During the same quarter in the prior year, the business posted $0.42 EPS. Williams Companies’s revenue for the quarter was down 5.9% compared to the same quarter last year. Equities research analysts anticipate that The Williams Companies, Inc. will post 1.93 EPS for the current year.

Williams Companies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Friday, September 13th will be issued a dividend of $0.475 per share. This represents a $1.90 dividend on an annualized basis and a dividend yield of 4.29%. The ex-dividend date of this dividend is Friday, September 13th. Williams Companies’s dividend payout ratio (DPR) is 79.83%.

Analyst Ratings Changes

A number of research firms have commented on WMB. Wells Fargo & Company raised shares of Williams Companies from an “equal weight” rating to an “overweight” rating and raised their target price for the company from $38.00 to $46.00 in a research report on Tuesday, June 4th. StockNews.com downgraded shares of Williams Companies from a “buy” rating to a “hold” rating in a research note on Tuesday, August 6th. Argus upgraded Williams Companies from a “hold” rating to a “buy” rating in a report on Thursday, June 20th. Morgan Stanley lifted their price target on Williams Companies from $45.00 to $48.00 and gave the company an “equal weight” rating in a report on Monday, June 10th. Finally, Barclays upped their price objective on Williams Companies from $41.00 to $42.00 and gave the stock an “equal weight” rating in a research note on Monday, August 19th. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and six have given a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $42.83.

Williams Companies 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.