Holistic Financial Partners Lowers Stock Holdings in The Williams Companies, Inc. (NYSE:WMB)

Holistic Financial Partners reduced its stake in The Williams Companies, Inc. (NYSE:WMB) by 16.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 6,849 shares of the pipeline company’s stock after selling 1,356 shares during the quarter. Holistic Financial Partners’ holdings in Williams Companies were worth $371,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Baader Bank Aktiengesellschaft grew its stake in shares of Williams Companies by 3.3% in the 4th 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 grew its stake in shares of Williams Companies by 18.4% in the 4th 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 grew its stake in shares of Williams Companies by 3.8% in the 4th 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. grew its stake in shares of Williams Companies by 24.4% in the 4th 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 grew its stake in shares of Williams Companies by 2.6% in the 3rd 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. 86.44% of the stock is currently owned by hedge funds and other institutional investors.

Williams Companies Stock Down 1.7 %

WMB opened at $57.44 on Monday. The business’s fifty day moving average is $56.15 and its two-hundred day moving average is $52.31. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.45 and a current ratio of 0.50. The company has a market cap of $70.01 billion, a price-to-earnings ratio of 31.39, a PEG ratio of 5.01 and a beta of 1.04. The Williams Companies, Inc. has a one year low of $34.26 and a one year high of $61.46.

Williams Companies (NYSE:WMB) last posted its earnings results on Wednesday, February 12th. The pipeline company reported $0.47 EPS for the quarter, hitting analysts’ consensus estimates of $0.47. Williams Companies had a return on equity of 15.85% and a net margin of 21.17%. Analysts anticipate that The Williams Companies, Inc. will post 2.08 EPS for the current fiscal year.

Williams Companies Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be given a $0.50 dividend. This is an increase from Williams Companies’s previous quarterly dividend of $0.48. This represents a $2.00 annualized dividend and a dividend yield of 3.48%. The ex-dividend date is Friday, March 14th. Williams Companies’s dividend payout ratio is currently 103.83%.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on WMB. Scotiabank reiterated a “sector perform” rating and issued a $51.00 target price on shares of Williams Companies in a research note on Friday, January 10th. Barclays upped their price objective on Williams Companies from $46.00 to $56.00 and gave the stock an “equal weight” rating in a report on Friday, January 10th. Mizuho upped their price objective on Williams Companies from $47.00 to $56.00 and gave the stock an “outperform” rating in a report on Monday, November 4th. The Goldman Sachs Group upped their price objective on Williams Companies from $45.00 to $55.00 and gave the stock a “neutral” rating in a report on Tuesday, November 26th. Finally, Truist Financial upped their price objective on Williams Companies from $56.00 to $60.00 and gave the stock a “hold” rating in a report on Friday, February 14th. One analyst has rated the stock with a sell rating, eight have given a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $53.29.

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.