The Williams Companies, Inc. (NYSE:WMB) Shares Sold by Diversify Wealth Management LLC

Diversify Wealth Management LLC reduced its position in The Williams Companies, Inc. (NYSE:WMB) by 21.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,080 shares of the pipeline company’s stock after selling 3,284 shares during the quarter. Diversify Wealth Management LLC’s holdings in Williams Companies were worth $671,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of WMB. Blair William & Co. IL lifted its holdings in Williams Companies by 26.3% during the 2nd quarter. Blair William & Co. IL now owns 47,669 shares of the pipeline company’s stock worth $2,026,000 after buying an additional 9,918 shares in the last quarter. Intech Investment Management LLC raised its stake in shares of Williams Companies by 47.8% in the second quarter. Intech Investment Management LLC now owns 35,960 shares of the pipeline company’s stock valued at $1,528,000 after acquiring an additional 11,627 shares in the last quarter. ProShare Advisors LLC boosted its holdings in Williams Companies by 4.3% in the second quarter. ProShare Advisors LLC now owns 360,653 shares of the pipeline company’s stock valued at $15,328,000 after purchasing an additional 15,022 shares during the period. Frank Rimerman Advisors LLC grew its stake in Williams Companies by 17,528.1% during the 2nd quarter. Frank Rimerman Advisors LLC now owns 16,923 shares of the pipeline company’s stock worth $719,000 after purchasing an additional 16,827 shares in the last quarter. Finally, Gabelli Funds LLC increased its holdings in Williams Companies by 7.4% during the 2nd quarter. Gabelli Funds LLC now owns 211,300 shares of the pipeline company’s stock worth $8,980,000 after purchasing an additional 14,500 shares during the period. 86.44% of the stock is currently owned by hedge funds and other institutional investors.

Williams Companies Stock Performance

Shares of WMB opened at $60.62 on Wednesday. The company’s 50 day simple moving average is $56.18 and its 200-day simple moving average is $49.92. The Williams Companies, Inc. has a 12-month low of $32.65 and a 12-month high of $60.91. The firm has a market cap of $73.90 billion, a PE ratio of 25.58, a price-to-earnings-growth ratio of 5.30 and a beta of 1.06. The company has a current ratio of 0.57, a quick ratio of 0.51 and a debt-to-equity ratio of 1.67.

Williams Companies (NYSE:WMB) last posted its quarterly earnings data on Wednesday, November 6th. The pipeline company reported $0.43 EPS for the quarter, beating analysts’ consensus estimates of $0.42 by $0.01. Williams Companies had a net margin of 27.36% and a return on equity of 15.89%. The company had revenue of $2.65 billion for the quarter, compared to analyst estimates of $2.52 billion. During the same period in the previous year, the business posted $0.45 earnings per share. Williams Companies’s quarterly revenue was up 3.7% on a year-over-year basis. As a group, equities analysts predict that The Williams Companies, Inc. will post 1.92 EPS for the current year.

Williams Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Friday, December 13th were given a dividend of $0.475 per share. The ex-dividend date of this dividend was Friday, December 13th. This represents a $1.90 dividend on an annualized basis and a yield of 3.13%. Williams Companies’s payout ratio is 80.17%.

Insider Buying and Selling at Williams Companies

In other news, CAO Mary A. Hausman sold 7,951 shares of Williams Companies stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $56.30, for a total value of $447,641.30. Following the sale, the chief accounting officer now owns 25,858 shares of the company’s stock, valued at $1,455,805.40. The trade was a 23.52 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.44% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the company. Mizuho boosted their price objective on Williams Companies from $47.00 to $56.00 and gave the stock an “outperform” rating in a research report on Monday, November 4th. Scotiabank restated a “sector perform” rating and issued a $51.00 price objective on shares of Williams Companies in a report on Friday, January 10th. Morgan Stanley upgraded shares of Williams Companies from an “equal weight” rating to an “overweight” rating and boosted their target price for the stock from $52.00 to $58.00 in a research note on Friday, October 4th. Royal Bank of Canada increased their target price on Williams Companies from $47.00 to $56.00 and gave the company an “outperform” rating in a report on Wednesday, October 16th. Finally, UBS Group lifted their price target on Williams Companies from $55.00 to $70.00 and gave the stock a “buy” rating in a report on Friday, November 15th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and nine have given a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $53.00.

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.