Realta Investment Advisors Has $764,000 Stock Holdings in The Williams Companies, Inc. (NYSE:WMB)

Realta Investment Advisors raised its stake in The Williams Companies, Inc. (NYSE:WMB) by 13.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 16,731 shares of the pipeline company’s stock after purchasing an additional 2,036 shares during the period. Realta Investment Advisors’ holdings in Williams Companies were worth $764,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the stock. CVA Family Office LLC grew its holdings in Williams Companies by 18.7% in the 3rd quarter. CVA Family Office LLC now owns 1,578 shares of the pipeline company’s stock valued at $72,000 after buying an additional 249 shares in the last quarter. Rosenberg Matthew Hamilton grew its holdings in shares of Williams Companies by 50.4% during the 3rd quarter. Rosenberg Matthew Hamilton now owns 752 shares of the pipeline company’s stock worth $34,000 after purchasing an additional 252 shares in the last quarter. J.W. Cole Advisors Inc. increased its position in shares of Williams Companies by 2.8% in the second quarter. J.W. Cole Advisors Inc. now owns 9,298 shares of the pipeline company’s stock worth $395,000 after purchasing an additional 257 shares during the period. Meiji Yasuda Asset Management Co Ltd. raised its stake in Williams Companies by 0.8% in the second quarter. Meiji Yasuda Asset Management Co Ltd. now owns 31,206 shares of the pipeline company’s stock valued at $1,326,000 after purchasing an additional 260 shares in the last quarter. Finally, Whittier Trust Co. lifted its position in Williams Companies by 3.5% during the third quarter. Whittier Trust Co. now owns 8,061 shares of the pipeline company’s stock worth $368,000 after purchasing an additional 275 shares during the period. 86.44% of the stock is owned by institutional investors.

Analysts Set New Price Targets

WMB has been the subject of several analyst reports. Scotiabank boosted their target price on shares of Williams Companies from $43.00 to $48.00 and gave the company a “sector perform” rating in a research report on Thursday, August 8th. StockNews.com downgraded Williams Companies from a “buy” rating to a “hold” rating in a research report on Tuesday, August 6th. Citigroup boosted their price target on Williams Companies from $45.00 to $52.00 and gave the stock a “buy” rating in a report on Thursday, October 3rd. Royal Bank of Canada raised their price objective on shares of Williams Companies from $47.00 to $56.00 and gave the company an “outperform” rating in a report on Wednesday, October 16th. Finally, Morgan Stanley raised 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 report on Friday, October 4th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $48.62.

Williams Companies Trading Down 1.5 %

Shares of NYSE:WMB traded down $0.81 during midday trading on Friday, reaching $51.56. The company’s stock had a trading volume of 5,640,793 shares, compared to its average volume of 5,684,137. The Williams Companies, Inc. has a fifty-two week low of $32.65 and a fifty-two week high of $52.85. The company has a debt-to-equity ratio of 1.64, a quick ratio of 0.39 and a current ratio of 0.45. The firm has a 50 day moving average price of $47.90 and a two-hundred day moving average price of $43.77. The firm has a market capitalization of $62.84 billion, a price-to-earnings ratio of 22.13, a PEG ratio of 5.87 and a beta of 1.03.

Williams Companies (NYSE:WMB) last released its quarterly earnings data on Monday, August 5th. The pipeline company reported $0.43 earnings per share (EPS) for the quarter, topping 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 company had revenue of $2.34 billion for the quarter, compared to analysts’ expectations of $2.46 billion. During the same quarter in the prior year, the firm earned $0.42 EPS. The business’s revenue was down 5.9% on a year-over-year basis. As a group, analysts forecast that The Williams Companies, Inc. will post 1.91 earnings per share for the current year.

Insider Buying and Selling at Williams Companies

In other Williams Companies news, SVP Terrance Lane Wilson sold 2,000 shares of the business’s stock in a transaction on Tuesday, October 1st. The shares were sold at an average price of $45.29, for a total transaction 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. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 0.44% of the company’s stock.

Williams Companies Company 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.