Williams Companies, Inc. (The) (NYSE:WMB) was downgraded by equities researchers at Jefferies Group from a “buy” rating to a “hold” rating in a research report issued on Tuesday. They currently have a $32.00 price objective on the stock, down from their prior price objective of $35.00. Jefferies Group’s price target indicates a potential upside of 12.04% from the stock’s current price.

A number of other research firms also recently commented on WMB. Zacks Investment Research downgraded shares of Williams Companies, Inc. (The) from a “hold” rating to a “sell” rating in a research report on Tuesday, September 13th. Barclays PLC reissued an “overweight” rating and set a $35.00 target price on shares of Williams Companies, Inc. (The) in a research report on Monday, December 5th. RBC Capital Markets assumed coverage on shares of Williams Companies, Inc. (The) in a research report on Monday, September 26th. They set an “outperform” rating and a $39.00 target price on the stock. Argus reissued a “buy” rating and set a $36.00 target price (up previously from $31.00) on shares of Williams Companies, Inc. (The) in a research report on Wednesday, October 5th. Finally, Morgan Stanley raised shares of Williams Companies, Inc. (The) from an “equal weight” rating to an “overweight” rating and set a $35.00 target price on the stock in a research report on Monday, December 19th. Six equities research analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $29.09.

Analyst Recommendations for Williams Companies, Inc. (The) (NYSE:WMB)

Williams Companies, Inc. (NYSE:WMB) opened at 28.56 on Tuesday. Williams Companies, Inc. has a 52 week low of $10.22 and a 52 week high of $32.69. The company’s market cap is $21.44 billion. The stock has a 50 day moving average of $30.50 and a 200 day moving average of $28.30.

Williams Companies, Inc. (The) (NYSE:WMB) last announced its quarterly earnings data on Monday, October 31st. The company reported $0.20 earnings per share for the quarter, beating analysts’ consensus estimates 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 quarter last year, the business posted $0.22 earnings per share. On average, analysts expect that Williams Companies, Inc. will post $0.05 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 27th. Stockholders of record on Friday, December 9th were given a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.80%. The ex-dividend date was Wednesday, December 7th. Williams Companies, Inc. (The)’s payout ratio is currently -53.69%.

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In other Williams Companies, Inc. (The) news, insider Rory Lee Miller sold 40,000 shares of the business’s stock in a transaction that occurred on 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 sale, the insider now owns 109,780 shares of the company’s stock, valued at approximately $3,227,532. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Stephen I. Chazen bought 5,000 shares of the company’s stock in a transaction on Wednesday, November 2nd. The shares were bought at an average cost of $28.23 per share, for a total transaction of $141,150.00. Following the transaction, the director now owns 5,000 shares in the company, valued at approximately $141,150. The disclosure for this purchase can be found here. 0.53% of the stock is currently owned by insiders.

Hedge funds have recently added to or reduced their stakes in the company. ELCO Management Co. LLC bought a new stake in Williams Companies, Inc. (The) during the third quarter valued at $12,585,000. Price T Rowe Associates Inc. MD increased its stake in Williams Companies, Inc. (The) by 3.7% in the third quarter. Price T Rowe Associates Inc. MD now owns 1,291,718 shares of the company’s stock valued at $39,694,000 after buying an additional 45,910 shares in the last quarter. Cornerstone Capital Management Holdings LLC. increased its stake in Williams Companies, Inc. (The) by 36.7% in the third quarter. Cornerstone Capital Management Holdings LLC. now owns 219,161 shares of the company’s stock valued at $6,733,000 after buying an additional 58,812 shares in the last quarter. Balentine LLC bought a new stake in Williams Companies, Inc. (The) during the third quarter valued at $243,000. Finally, Ameritas Investment Partners Inc. increased its stake in Williams Companies, Inc. (The) by 20.9% in the third quarter. Ameritas Investment Partners Inc. now owns 16,329 shares of the company’s stock valued at $502,000 after buying an additional 2,826 shares in the last quarter. 84.79% of the stock is currently owned by institutional investors.

About Williams Companies, Inc. (The)

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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