Andra AP fonden Cuts Position in Williams Companies Inc (WMB)

Andra AP fonden trimmed its holdings in shares of Williams Companies Inc (NYSE:WMB) by 25.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 129,900 shares of the pipeline company’s stock after selling 44,200 shares during the quarter. Andra AP fonden’s holdings in Williams Companies were worth $3,532,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Bray Capital Advisors increased its holdings in Williams Companies by 100.0% during the second quarter. Bray Capital Advisors now owns 4,000 shares of the pipeline company’s stock valued at $108,000 after buying an additional 2,000 shares during the period. Arrow Financial Corp purchased a new position in Williams Companies during the second quarter valued at approximately $113,000. Centaurus Financial Inc. purchased a new position in Williams Companies during the second quarter valued at approximately $127,000. JJJ Advisors Inc. purchased a new position in Williams Companies during the second quarter valued at approximately $144,000. Finally, Spectrum Management Group Inc. purchased a new position in Williams Companies during the second quarter valued at approximately $157,000. 87.45% of the stock is currently owned by institutional investors.

In other news, VP Ted T. Timmermans sold 20,267 shares of Williams Companies stock in a transaction on Tuesday, August 7th. The shares were sold at an average price of $32.00, for a total transaction of $648,544.00. Following the completion of the sale, the vice president now directly owns 9,955 shares in the company, valued at $318,560. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Frank J. Ferazzi sold 1,100 shares of Williams Companies stock in a transaction on Monday, August 6th. The stock was sold at an average price of $31.31, for a total transaction of $34,441.00. Following the sale, the senior vice president now owns 15,037 shares of the company’s stock, valued at $470,808.47. The disclosure for this sale can be found here. 0.50% of the stock is owned by company insiders.



Shares of WMB opened at $24.32 on Friday. The company has a market capitalization of $21.76 billion, a price-to-earnings ratio of 38.60, a PEG ratio of 4.50 and a beta of 1.53. Williams Companies Inc has a twelve month low of $24.00 and a twelve month high of $33.67. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.79 and a quick ratio of 0.71.

Williams Companies (NYSE:WMB) last announced its earnings results on Wednesday, August 1st. The pipeline company reported $0.17 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.18 by ($0.01). The firm had revenue of $2.09 billion during the quarter, compared to analyst estimates of $2 billion. Williams Companies had a net margin of 24.19% and a return on equity of 3.82%. During the same quarter last year, the business earned $0.13 earnings per share. On average, equities analysts predict that Williams Companies Inc will post 0.78 earnings per share for the current fiscal year.

Several equities analysts recently issued reports on the stock. Stifel Nicolaus assumed coverage on shares of Williams Companies in a report on Tuesday, August 7th. They set a “buy” rating and a $35.00 price objective on the stock. ValuEngine raised shares of Williams Companies from a “sell” rating to a “hold” rating in a report on Thursday, July 19th. Seaport Global Securities assumed coverage on shares of Williams Companies in a report on Friday, October 19th. They set a “buy” rating and a $31.00 price objective on the stock. Zacks Investment Research raised shares of Williams Companies from a “strong sell” rating to a “hold” rating in a report on Thursday, October 18th. Finally, US Capital Advisors reissued a “buy” rating on shares of Williams Companies in a report on Tuesday, July 17th. Five research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of $33.07.

Williams Companies Company Profile

The Williams Companies, Inc operates as an energy infrastructure company primarily in the United States. It owns and operates natural gas pipeline system extending from Texas, Louisiana, Mississippi, and the Gulf of Mexico through Alabama, Georgia, South Carolina, North Carolina, Virginia, Maryland, Delaware, Pennsylvania, and New Jersey to the New York City metropolitan area.

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Institutional Ownership by Quarter for Williams Companies (NYSE:WMB)

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