The Williams Companies, Inc. (NYSE:WMB) Stock Holdings Lowered by Zions Bancorporation N.A.

Zions Bancorporation N.A. lowered its position in shares of The Williams Companies, Inc. (NYSE:WMB) by 36.7% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 127,557 shares of the pipeline company’s stock after selling 73,904 shares during the quarter. Zions Bancorporation N.A.’s holdings in Williams Companies were worth $5,823,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. QRG Capital Management Inc. grew its position in Williams Companies by 9.1% during the first quarter. QRG Capital Management Inc. now owns 29,396 shares of the pipeline company’s stock valued at $1,146,000 after purchasing an additional 2,442 shares in the last quarter. Avantax Advisory Services Inc. increased its stake in Williams Companies by 9.2% in the first quarter. Avantax Advisory Services Inc. now owns 31,557 shares of the pipeline company’s stock valued at $1,230,000 after acquiring an additional 2,666 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. boosted its position in Williams Companies by 13.4% in the first quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 116,052 shares of the pipeline company’s stock valued at $4,523,000 after buying an additional 13,709 shares in the last quarter. Kingsview Wealth Management LLC lifted its position in shares of Williams Companies by 15.5% during the first quarter. Kingsview Wealth Management LLC now owns 113,503 shares of the pipeline company’s stock worth $4,423,000 after purchasing an additional 15,232 shares in the last quarter. Finally, HBK Sorce Advisory LLC lifted its position in shares of Williams Companies by 2.8% during the first quarter. HBK Sorce Advisory LLC now owns 13,690 shares of the pipeline company’s stock worth $534,000 after purchasing an additional 371 shares in the last quarter. Institutional investors and hedge funds own 86.44% of the company’s stock.

Williams Companies Stock Performance

Shares of Williams Companies stock opened at $55.60 on Thursday. The company has a current ratio of 0.57, a quick ratio of 0.51 and a debt-to-equity ratio of 1.67. The firm has a market capitalization of $67.78 billion, a P/E ratio of 23.46, a P/E/G ratio of 5.56 and a beta of 1.03. The business has a fifty day simple moving average of $49.48 and a two-hundred day simple moving average of $44.74. The Williams Companies, Inc. has a 12 month low of $32.65 and a 12 month high of $57.33.

Williams Companies (NYSE:WMB) last issued its quarterly earnings results on Wednesday, November 6th. The pipeline company reported $0.43 earnings per share for the quarter, beating the consensus estimate 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 during the quarter, compared to the consensus estimate of $2.52 billion. During the same period last year, the company earned $0.45 earnings per share. The company’s revenue was up 3.7% on a year-over-year basis. On average, equities analysts forecast that The Williams Companies, Inc. will post 2.01 earnings per share for the current fiscal year.

Williams Companies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 30th. Shareholders of record on Friday, December 13th will be given a $0.475 dividend. The ex-dividend date of this dividend is Friday, December 13th. This represents a $1.90 annualized dividend and a yield of 3.42%. Williams Companies’s payout ratio is 80.17%.

Insiders Place Their Bets

In other Williams Companies news, SVP Terrance Lane Wilson sold 2,000 shares of the firm’s stock in a transaction dated Tuesday, October 1st. The stock was sold at an average price of $45.29, for a total value of $90,580.00. Following the transaction, the senior vice president now directly owns 304,200 shares of the company’s stock, valued at approximately $13,777,218. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In related news, CAO Mary A. Hausman sold 7,951 shares of the business’s stock in a transaction that occurred on Friday, November 8th. The stock was sold at an average price of $56.30, for a total value of $447,641.30. Following the transaction, the chief accounting officer now directly owns 25,858 shares of the company’s stock, valued at approximately $1,455,805.40. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Terrance Lane Wilson sold 2,000 shares of the business’s stock in a transaction that occurred on Tuesday, October 1st. The stock was sold at an average price of $45.29, for a total value of $90,580.00. Following the completion of the transaction, the senior vice president now directly owns 304,200 shares in the company, valued at approximately $13,777,218. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.44% of the company’s stock.

Wall Street Analysts Forecast Growth

WMB has been the subject of several recent analyst reports. Seaport Res Ptn downgraded shares of Williams Companies from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 30th. UBS Group upped their price target on Williams Companies from $51.00 to $55.00 and gave the company a “buy” rating in a research report on Wednesday, September 18th. StockNews.com cut shares of Williams Companies from a “buy” rating to a “hold” rating in a research report on Tuesday, August 6th. CIBC upped their price objective on shares of Williams Companies from $45.00 to $54.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 22nd. Finally, Scotiabank increased their price target 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. One equities research 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. Based on data from MarketBeat.com, Williams Companies has a consensus rating of “Hold” and a consensus price target of $50.38.

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.