The Williams Companies, Inc. (NYSE:WMB) Shares Sold by Proquility Private Wealth Partners LLC

Proquility Private Wealth Partners LLC lessened its holdings in shares of The Williams Companies, Inc. (NYSE:WMB) by 0.6% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 82,808 shares of the pipeline company’s stock after selling 517 shares during the period. Williams Companies accounts for approximately 1.4% of Proquility Private Wealth Partners LLC’s investment portfolio, making the stock its 23rd biggest holding. Proquility Private Wealth Partners LLC’s holdings in Williams Companies were worth $4,482,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in WMB. Legacy Investment Solutions LLC purchased a new stake in shares of Williams Companies in the 3rd quarter valued at about $30,000. Rosenberg Matthew Hamilton increased its position in Williams Companies by 50.4% during the third quarter. Rosenberg Matthew Hamilton now owns 752 shares of the pipeline company’s stock worth $34,000 after buying an additional 252 shares during the period. Quarry LP acquired a new stake in shares of Williams Companies in the second quarter valued at approximately $35,000. FSA Wealth Management LLC acquired a new stake in shares of Williams Companies in the third quarter valued at approximately $38,000. Finally, Fortitude Family Office LLC grew its position in shares of Williams Companies by 120.8% during the third quarter. Fortitude Family Office LLC now owns 996 shares of the pipeline company’s stock worth $45,000 after acquiring an additional 545 shares during the last quarter. 86.44% of the stock is owned by institutional investors and hedge funds.

Williams Companies Trading Up 2.5 %

Shares of WMB stock opened at $60.62 on Wednesday. The company has a quick ratio of 0.51, a current ratio of 0.57 and a debt-to-equity ratio of 1.67. The business has a fifty day simple moving average of $56.18 and a 200-day simple moving average of $49.92. The Williams Companies, Inc. has a fifty-two week low of $32.65 and a fifty-two week high of $60.91. The stock has a market cap of $73.90 billion, a P/E ratio of 25.58, a P/E/G ratio of 5.30 and a beta of 1.06.

Williams Companies (NYSE:WMB) last announced its earnings results 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 return on equity of 15.89% and a net margin of 27.36%. The firm had revenue of $2.65 billion for the quarter, compared to analysts’ expectations of $2.52 billion. During the same quarter in the prior year, the firm earned $0.45 EPS. Williams Companies’s quarterly revenue was up 3.7% on a year-over-year basis. On average, analysts forecast that The Williams Companies, Inc. will post 1.92 earnings per share for the current fiscal year.

Williams Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Friday, December 13th were issued a $0.475 dividend. The ex-dividend date of this dividend was Friday, December 13th. This represents a $1.90 annualized dividend and a yield of 3.13%. Williams Companies’s dividend payout ratio (DPR) is presently 80.17%.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on WMB shares. The Goldman Sachs Group increased their price target on shares of Williams Companies from $45.00 to $55.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 26th. UBS Group raised 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. Bank of America initiated coverage on Williams Companies in a research note on Thursday, October 17th. They set a “buy” rating and a $55.00 price objective for the company. Barclays lifted their target price on Williams Companies from $46.00 to $56.00 and gave the company an “equal weight” rating in a research note on Friday, January 10th. Finally, Mizuho upped their price target on Williams Companies from $47.00 to $56.00 and gave the stock an “outperform” rating in a research note on Monday, November 4th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $53.00.

Insiders Place Their Bets

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

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.