EagleClaw Capital Managment LLC grew its stake in shares of The Williams Companies, Inc. (NYSE:WMB – Free Report) by 3.6% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 68,190 shares of the pipeline company’s stock after buying an additional 2,400 shares during the period. EagleClaw Capital Managment LLC’s holdings in Williams Companies were worth $3,690,000 at the end of the most recent reporting period.
Several other hedge funds also recently bought and sold shares of WMB. Baader Bank Aktiengesellschaft increased its stake in Williams Companies by 3.3% during the fourth quarter. Baader Bank Aktiengesellschaft now owns 5,568 shares of the pipeline company’s stock valued at $300,000 after purchasing an additional 180 shares during the last quarter. Albion Financial Group UT increased its stake in Williams Companies by 18.4% during the fourth quarter. Albion Financial Group UT now owns 1,184 shares of the pipeline company’s stock valued at $64,000 after purchasing an additional 184 shares during the last quarter. Sprinkle Financial Consultants LLC increased its stake in Williams Companies by 3.8% during the fourth quarter. Sprinkle Financial Consultants LLC now owns 5,073 shares of the pipeline company’s stock valued at $275,000 after purchasing an additional 185 shares during the last quarter. GHP Investment Advisors Inc. increased its stake in Williams Companies by 24.4% during the fourth quarter. GHP Investment Advisors Inc. now owns 995 shares of the pipeline company’s stock valued at $54,000 after purchasing an additional 195 shares during the last quarter. Finally, Brooklyn Investment Group increased its stake in Williams Companies by 2.6% during the third quarter. Brooklyn Investment Group now owns 7,817 shares of the pipeline company’s stock valued at $357,000 after purchasing an additional 197 shares during the last quarter. Hedge funds and other institutional investors own 86.44% of the company’s stock.
Williams Companies Price Performance
Shares of NYSE WMB opened at $54.64 on Friday. The Williams Companies, Inc. has a twelve month low of $35.74 and a twelve month high of $61.46. The company has a current ratio of 0.50, a quick ratio of 0.45 and a debt-to-equity ratio of 1.67. The company has a market capitalization of $66.62 billion, a price-to-earnings ratio of 29.86, a PEG ratio of 5.01 and a beta of 1.03. The firm has a 50-day moving average of $56.69 and a two-hundred day moving average of $53.01.
Williams Companies Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be paid a dividend of $0.50 per share. The ex-dividend date of this dividend is Friday, March 14th. This is a positive change from Williams Companies’s previous quarterly dividend of $0.48. This represents a $2.00 dividend on an annualized basis and a yield of 3.66%. Williams Companies’s dividend payout ratio is currently 109.29%.
Analyst Upgrades and Downgrades
Several analysts have weighed in on WMB shares. The Goldman Sachs Group boosted their target price on shares of Williams Companies from $45.00 to $55.00 and gave the company a “neutral” rating in a research note on Tuesday, November 26th. CIBC boosted their target price on shares of Williams Companies from $56.00 to $57.00 and gave the company a “neutral” rating in a research note on Tuesday. Barclays upped their price target on shares of Williams Companies from $46.00 to $56.00 and gave the stock an “equal weight” rating in a research report on Friday, January 10th. Scotiabank upped their price target on shares of Williams Companies from $51.00 to $53.00 and gave the stock a “sector perform” rating in a research report on Thursday. Finally, Citigroup upped their price target on shares of Williams Companies from $63.00 to $65.00 and gave the stock a “buy” rating in a research report on Tuesday, February 25th. One analyst has rated the stock with a sell rating, eight have given a hold rating and nine have issued a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $55.07.
View Our Latest Report on Williams Companies
Insider Buying and Selling at Williams Companies
In other Williams Companies news, SVP Chad A. Teply sold 26,000 shares of the company’s stock in a transaction dated Thursday, February 27th. The shares were sold at an average price of $56.46, for a total transaction of $1,467,960.00. Following the completion of the sale, the senior vice president now directly owns 133,048 shares of the company’s stock, valued at approximately $7,511,890.08. This represents a 16.35 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Mary A. Hausman sold 8,896 shares of the company’s stock in a transaction dated Tuesday, March 4th. The shares were sold at an average price of $57.50, for a total transaction of $511,520.00. Following the sale, the chief accounting officer now directly owns 22,339 shares of the company’s stock, valued at $1,284,492.50. This represents a 28.48 % 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.
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.
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