Barclays lowered shares of Williams Companies (NYSE:WMB) from an overweight rating to an equal weight rating in a research note issued to investors on Wednesday morning, Marketbeat reports. Barclays currently has $35.00 price target on the pipeline company’s stock, down from their prior price target of $36.00.

Several other research firms have also recently commented on WMB. Jefferies Group reissued a buy rating and issued a $37.00 target price on shares of Williams Companies in a research note on Friday, January 12th. Royal Bank of Canada reaffirmed a buy rating and set a $38.00 price objective on shares of Williams Companies in a research note on Tuesday. Bank of America began coverage on Williams Companies in a research note on Tuesday, January 9th. They set a buy rating for the company. Credit Suisse Group began coverage on Williams Companies in a research note on Thursday, January 4th. They set an outperform rating and a $36.00 price objective for the company. Finally, Zacks Investment Research cut Williams Companies from a hold rating to a sell rating in a research note on Saturday, January 6th. One analyst has rated the stock with a sell rating, four have issued a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company. The stock currently has an average rating of Buy and a consensus target price of $34.42.

Shares of Williams Companies (NYSE WMB) opened at $32.30 on Wednesday. The company has a market capitalization of $26,700.00, a price-to-earnings ratio of 56.67, a PEG ratio of 2.70 and a beta of 1.36. Williams Companies has a 52 week low of $26.82 and a 52 week high of $33.43. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.97 and a quick ratio of 0.91.

Williams Companies (NYSE:WMB) last released its earnings results on Wednesday, November 1st. The pipeline company reported $0.15 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.19 by ($0.04). The firm had revenue of $1.89 billion during the quarter, compared to analyst estimates of $1.79 billion. Williams Companies had a net margin of 5.90% and a return on equity of 3.23%. The firm’s quarterly revenue was down .7% on a year-over-year basis. During the same period last year, the business posted $0.20 earnings per share. sell-side analysts predict that Williams Companies will post 0.64 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 26th. Investors of record on Friday, December 8th were paid a dividend of $0.30 per share. The ex-dividend date of this dividend was Thursday, December 7th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.72%. Williams Companies’s dividend payout ratio (DPR) is presently 210.53%.

In other Williams Companies news, insider James E. Scheel sold 26,915 shares of Williams Companies stock in a transaction dated Thursday, January 11th. The stock was sold at an average price of $33.00, for a total transaction of $888,195.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, VP Ted T. Timmermans sold 1,500 shares of Williams Companies stock in a transaction dated Monday, November 6th. The stock was sold at an average price of $28.75, for a total value of $43,125.00. Following the transaction, the vice president now owns 9,594 shares in the company, valued at $275,827.50. The disclosure for this sale can be found here. 0.53% of the stock is owned by insiders.

A number of hedge funds have recently bought and sold shares of the business. Wsfs Capital Management LLC lifted its holdings in Williams Companies by 1.1% during the second quarter. Wsfs Capital Management LLC now owns 12,664 shares of the pipeline company’s stock worth $383,000 after acquiring an additional 133 shares in the last quarter. Nordea Investment Management AB lifted its holdings in Williams Companies by 1.5% during the second quarter. Nordea Investment Management AB now owns 40,300 shares of the pipeline company’s stock worth $1,220,000 after acquiring an additional 584 shares in the last quarter. Aspen Investment Management Inc lifted its holdings in Williams Companies by 4.7% during the second quarter. Aspen Investment Management Inc now owns 14,743 shares of the pipeline company’s stock worth $446,000 after acquiring an additional 660 shares in the last quarter. National Asset Management Inc. lifted its holdings in Williams Companies by 7.7% during the second quarter. National Asset Management Inc. now owns 10,182 shares of the pipeline company’s stock worth $309,000 after acquiring an additional 726 shares in the last quarter. Finally, AXA lifted its holdings in Williams Companies by 1.5% during the second quarter. AXA now owns 75,219 shares of the pipeline company’s stock worth $2,278,000 after acquiring an additional 1,100 shares in the last quarter. Hedge funds and other institutional investors own 84.62% of the company’s stock.

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Williams Companies Company Profile

The Williams Companies, Inc is an energy infrastructure company. The Company is focused on connecting North America’s hydrocarbon resource plays to markets for natural gas, natural gas liquids (NGL), and olefins. As of December 31, 2016, its interstate gas pipelines, midstream and olefins production interests were held through its investment in Williams Partners L.P.

Analyst Recommendations for Williams Companies (NYSE:WMB)

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