Round Rock Advisors LLC Has $2.10 Million Holdings in The Williams Companies, Inc. (NYSE:WMB)

Round Rock Advisors LLC decreased its position in shares of The Williams Companies, Inc. (NYSE:WMB) by 0.8% in the third quarter, Holdings Channel reports. The fund owned 45,894 shares of the pipeline company’s stock after selling 365 shares during the period. Round Rock Advisors LLC’s holdings in Williams Companies were worth $2,095,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the company. Axxcess Wealth Management LLC lifted its position in shares of Williams Companies by 70.1% during the 3rd quarter. Axxcess Wealth Management LLC now owns 62,692 shares of the pipeline company’s stock worth $2,862,000 after purchasing an additional 25,828 shares during the last quarter. Sigma Planning Corp increased its position in Williams Companies by 3.0% in the 3rd quarter. Sigma Planning Corp now owns 28,922 shares of the pipeline company’s stock worth $1,320,000 after buying an additional 844 shares during the period. Mesirow Financial Investment Management Inc. lifted its holdings in shares of Williams Companies by 127.1% during the third quarter. Mesirow Financial Investment Management Inc. now owns 25,712 shares of the pipeline company’s stock worth $1,174,000 after buying an additional 14,389 shares during the last quarter. XML Financial LLC grew its stake in shares of Williams Companies by 4.6% in the third quarter. XML Financial LLC now owns 6,850 shares of the pipeline company’s stock worth $313,000 after acquiring an additional 302 shares during the last quarter. Finally, RKL Wealth Management LLC bought a new position in Williams Companies during the third quarter worth $267,000. 86.44% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research firms have issued reports on WMB. StockNews.com lowered shares of Williams Companies from a “buy” rating to a “hold” rating in a research report on Tuesday, August 6th. Barclays raised their price objective on Williams Companies from $42.00 to $46.00 and gave the stock an “equal weight” rating in a research report on Wednesday, October 2nd. Royal Bank of Canada upped their target price on Williams Companies from $47.00 to $56.00 and gave the company an “outperform” rating in a research note on Wednesday, October 16th. Mizuho lifted their price target on shares of Williams Companies from $47.00 to $56.00 and gave the stock an “outperform” rating in a research note on Monday, November 4th. Finally, Morgan Stanley raised shares of Williams Companies from an “equal weight” rating to an “overweight” rating and raised their price objective for the stock from $52.00 to $58.00 in a report on Friday, October 4th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $50.38.

Insider Buying and Selling

In other Williams Companies news, SVP Terrance Lane Wilson sold 2,000 shares of the firm’s stock in a transaction dated Tuesday, October 1st. The shares were sold at an average price of $45.29, for a total value of $90,580.00. Following the completion of the sale, the senior vice president now owns 304,200 shares in the company, valued at approximately $13,777,218. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.44% of the stock is owned by corporate insiders.

Williams Companies Price Performance

Shares of Williams Companies stock opened at $56.31 on Friday. The stock has a market capitalization of $68.64 billion, a price-to-earnings ratio of 23.76, a P/E/G ratio of 6.37 and a beta of 1.03. The firm’s 50-day moving average price is $48.81 and its two-hundred day moving average price is $44.34. The company has a current ratio of 0.57, a quick ratio of 0.39 and a debt-to-equity ratio of 1.67. The Williams Companies, Inc. has a 1-year low of $32.65 and a 1-year high of $56.80.

Williams Companies (NYSE:WMB) last released its quarterly earnings results on Wednesday, November 6th. The pipeline company reported $0.43 EPS for the quarter, topping analysts’ consensus estimates of $0.42 by $0.01. Williams Companies had a return on equity of 15.89% and a net margin of 27.36%. The business had revenue of $2.65 billion for the quarter, compared to analyst estimates of $2.52 billion. During the same period in the prior year, the company earned $0.45 EPS. Williams Companies’s revenue for the quarter was up 3.7% on a year-over-year basis. On average, equities analysts predict that The Williams Companies, Inc. will post 1.91 earnings per share for the current fiscal year.

Williams Companies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 30th. Investors of record on Friday, December 13th will be issued a $0.475 dividend. The ex-dividend date of this dividend is Friday, December 13th. This represents a $1.90 dividend on an annualized basis and a dividend yield of 3.37%. Williams Companies’s dividend payout ratio is 80.17%.

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.