Hartford Investment Management Co. boosted its position in Williams Companies, Inc. (The) (NYSE:WMB) by 1.4% during the third quarter, Holdings Channel reports. The fund owned 165,980 shares of the company’s stock after buying an additional 2,267 shares during the period. Hartford Investment Management Co.’s holdings in Williams Companies, Inc. (The) were worth $5,101,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of the company. Commonwealth Bank of Australia increased its position in shares of Williams Companies, Inc. (The) by 5.6% in the third quarter. Commonwealth Bank of Australia now owns 46,892 shares of the company’s stock worth $1,440,000 after buying an additional 2,500 shares during the last quarter. Two Creeks Capital Management LP purchased a new position in shares of Williams Companies, Inc. (The) during the third quarter worth approximately $95,308,000. Third Point LLC purchased a new position in shares of Williams Companies, Inc. (The) during the third quarter worth approximately $122,920,000. Crawford Investment Counsel Inc. increased its position in shares of Williams Companies, Inc. (The) by 260.9% in the third quarter. Crawford Investment Counsel Inc. now owns 69,738 shares of the company’s stock worth $2,143,000 after buying an additional 50,417 shares during the last quarter. Finally, BP Capital Fund Advisors LLC purchased a new position in shares of Williams Companies, Inc. (The) during the third quarter worth approximately $801,000. Hedge funds and other institutional investors own 84.79% of the company’s stock.

Institutional Ownership by Quarter for Williams Companies, Inc. (The) (NYSE:WMB)

Shares of Williams Companies, Inc. (NYSE:WMB) traded up 0.087% on Friday, reaching $28.725. 2,922,954 shares of the company’s stock were exchanged. The stock’s 50-day moving average price is $30.56 and its 200-day moving average price is $28.24. Williams Companies, Inc. has a 1-year low of $10.22 and a 1-year high of $32.69. The company’s market capitalization is $21.57 billion.

Williams Companies, Inc. (The) (NYSE:WMB) last released its earnings results on Monday, October 31st. The company reported $0.20 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.16 by $0.04. Williams Companies, Inc. (The) had a negative net margin of 15.19% and a positive return on equity of 2.16%. During the same period in the prior year, the company posted $0.22 earnings per share. Analysts anticipate that Williams Companies, Inc. will post $0.05 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 27th. Stockholders of record on Friday, December 9th were issued a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 2.79%. The ex-dividend date of this dividend was Wednesday, December 7th. Williams Companies, Inc. (The)’s dividend payout ratio (DPR) is presently -53.69%.

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Several equities analysts have issued reports on the stock. Jefferies Group decreased their price objective on shares of Williams Companies, Inc. (The) from $35.00 to $32.00 and set a “hold” rating for the company in a research note on Tuesday. RBC Capital Markets restated a “buy” rating and issued a $39.00 price objective on shares of Williams Companies, Inc. (The) in a research note on Wednesday, January 4th. Zacks Investment Research downgraded shares of Williams Companies, Inc. (The) from a “buy” rating to a “hold” rating in a research note on Tuesday, January 3rd. Stephens assumed coverage on shares of Williams Companies, Inc. (The) in a research note on Thursday, September 29th. They issued an “equal weight” rating and a $32.00 price objective for the company. Finally, Barclays PLC restated an “overweight” rating and issued a $35.00 price objective on shares of Williams Companies, Inc. (The) in a research note on Monday, December 5th. Six analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the stock. Williams Companies, Inc. (The) presently has an average rating of “Buy” and an average price target of $29.09.

In other Williams Companies, Inc. (The) news, Director Stephen I. Chazen purchased 5,000 shares of the firm’s stock in a transaction dated Wednesday, November 2nd. The stock was acquired at an average cost of $28.23 per share, with a total value of $141,150.00. Following the acquisition, the director now owns 5,000 shares of the company’s stock, valued at approximately $141,150. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Rory Lee Miller sold 40,000 shares of Williams Companies, Inc. (The) stock in a transaction dated Tuesday, November 8th. The shares were sold at an average price of $29.40, for a total transaction of $1,176,000.00. Following the completion of the transaction, the insider now directly owns 109,780 shares of the company’s stock, valued at $3,227,532. The disclosure for this sale can be found here. 0.53% of the stock is currently owned by insiders.

Williams Companies, Inc. (The) Company Profile

The Williams Companies, Inc is an energy infrastructure company focused on connecting North America’s hydrocarbon resource plays to markets for natural gas, natural gas liquids and olefins. The Company’s segments include Williams Partners, Williams NGL & Petchem Services, and Other. Its Williams Partners segment consists of its consolidated partnership in Williams Partners L.P., including gas pipeline, which consists of interstate natural gas pipelines and pipeline joint project investments, and midstream business, which provides natural gas gathering, treating, processing and compression services.

5 Day Chart for NYSE:WMB

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