Creative Planning Boosts Stake in Williams Companies Inc (WMB)

Creative Planning raised its stake in Williams Companies Inc (NYSE:WMB) by 37.9% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 86,404 shares of the pipeline company’s stock after acquiring an additional 23,761 shares during the quarter. Creative Planning’s holdings in Williams Companies were worth $2,349,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Bray Capital Advisors lifted its holdings in shares of Williams Companies by 100.0% in the second quarter. Bray Capital Advisors now owns 4,000 shares of the pipeline company’s stock worth $108,000 after acquiring an additional 2,000 shares during the last quarter. Arrow Financial Corp bought a new position in shares of Williams Companies in the second quarter worth about $113,000. Centaurus Financial Inc. bought a new position in shares of Williams Companies in the second quarter worth about $127,000. Avestar Capital LLC lifted its holdings in shares of Williams Companies by 235.3% in the third quarter. Avestar Capital LLC now owns 4,822 shares of the pipeline company’s stock worth $127,000 after acquiring an additional 3,384 shares during the last quarter. Finally, JJJ Advisors Inc. bought a new position in shares of Williams Companies in the second quarter worth about $144,000. 87.79% of the stock is owned by hedge funds and other institutional investors.

A number of research analysts have recently commented on the stock. Stifel Nicolaus assumed coverage on shares of Williams Companies in a report on Tuesday, August 7th. They issued a “buy” rating and a $35.00 target price for the company. Seaport Global Securities assumed coverage on shares of Williams Companies in a report on Friday, October 19th. They issued a “buy” rating and a $31.00 target price for the company. Zacks Investment Research cut shares of Williams Companies from a “hold” rating to a “sell” rating in a report on Monday, July 23rd. US Capital Advisors reissued a “buy” rating on shares of Williams Companies in a report on Tuesday, July 17th. Finally, Morgan Stanley set a $35.00 price objective on Williams Companies and gave the company an “overweight” rating in a research note on Thursday, August 16th. Five investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $33.07.



Williams Companies stock opened at $24.20 on Wednesday. Williams Companies Inc has a 1 year low of $23.54 and a 1 year 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. The company has a market capitalization of $20.14 billion, a PE ratio of 38.41, a PEG ratio of 4.13 and a beta of 1.53.

Williams Companies (NYSE:WMB) last released its quarterly earnings data on Wednesday, August 1st. The pipeline company reported $0.17 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.18 by ($0.01). Williams Companies had a net margin of 24.19% and a return on equity of 3.82%. The firm had revenue of $2.09 billion during the quarter, compared to analyst estimates of $2 billion. During the same period in the prior year, the company earned $0.13 EPS. On average, sell-side analysts predict that Williams Companies Inc will post 0.79 EPS for the current fiscal year.

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

Williams Companies 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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