Opus Capital Group LLC Sells 1,536 Shares of The Williams Companies, Inc. (NYSE:WMB)

Opus Capital Group LLC lowered its stake in shares of The Williams Companies, Inc. (NYSE:WMB) by 13.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,234 shares of the pipeline company’s stock after selling 1,536 shares during the period. Opus Capital Group LLC’s holdings in Williams Companies were worth $554,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of WMB. Quent Capital LLC bought a new stake in shares of Williams Companies during the fourth quarter valued at approximately $25,000. AlphaMark Advisors LLC bought a new stake in shares of Williams Companies during the fourth quarter valued at approximately $27,000. Legacy Investment Solutions LLC purchased a new position in shares of Williams Companies in the third quarter valued at $30,000. Financial Life Planners purchased a new position in shares of Williams Companies in the fourth quarter valued at $30,000. Finally, SOA Wealth Advisors LLC. purchased a new position in shares of Williams Companies in the fourth quarter valued at $32,000. Institutional investors own 86.44% of the company’s stock.

Analysts Set New Price Targets

WMB has been the subject of a number of recent research reports. Mizuho raised their target price on shares of Williams Companies from $47.00 to $56.00 and gave the company an “outperform” rating in a report on Monday, November 4th. CIBC raised their target price on shares of Williams Companies from $45.00 to $54.00 and gave the company a “neutral” rating in a report on Tuesday, October 22nd. The Goldman Sachs Group raised their target price on shares of Williams Companies from $45.00 to $55.00 and gave the company a “neutral” rating in a report on Tuesday, November 26th. Scotiabank reissued a “sector perform” rating and issued a $51.00 target price on shares of Williams Companies in a report on Friday, January 10th. Finally, Barclays raised their target price on shares of Williams Companies from $46.00 to $56.00 and gave the company an “equal weight” rating in a report on Friday, January 10th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and nine have issued a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $53.29.

Williams Companies Stock Down 0.8 %

NYSE:WMB opened at $57.00 on Monday. The Williams Companies, Inc. has a twelve month low of $33.03 and a twelve month high of $61.46. The company has a market cap of $69.48 billion, a price-to-earnings ratio of 24.05, a price-to-earnings-growth ratio of 5.06 and a beta of 1.04. The stock has a fifty day simple moving average of $55.85 and a 200-day simple moving average of $51.71. The company has a current ratio of 0.57, a quick ratio of 0.51 and a debt-to-equity ratio of 1.67.

Williams Companies (NYSE:WMB) last released its earnings results on Wednesday, February 12th. The pipeline company reported $0.47 earnings per share for the quarter, hitting the consensus estimate of $0.47. Williams Companies had a return on equity of 15.89% and a net margin of 27.36%. Analysts anticipate that The Williams Companies, Inc. will post 1.91 EPS for the current year.

Williams Companies Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 3.51%. This is an increase from Williams Companies’s previous quarterly dividend of $0.48. The ex-dividend date of this dividend is Friday, March 14th. Williams Companies’s dividend payout ratio (DPR) is 80.17%.

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.