Barnett & Company Inc. cut its stake in shares of Williams Companies Inc (NYSE:WMB) by 22.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,849 shares of the pipeline company’s stock after selling 3,135 shares during the quarter. Barnett & Company Inc.’s holdings in Williams Companies were worth $239,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Neuberger Berman Group LLC raised its holdings in shares of Williams Companies by 3.7% during the third quarter. Neuberger Berman Group LLC now owns 6,493,691 shares of the pipeline company’s stock worth $176,563,000 after acquiring an additional 234,071 shares in the last quarter. Covington Capital Management raised its holdings in shares of Williams Companies by 84.3% during the third quarter. Covington Capital Management now owns 41,471 shares of the pipeline company’s stock worth $1,128,000 after acquiring an additional 18,971 shares in the last quarter. Advisors Asset Management Inc. raised its holdings in shares of Williams Companies by 52.7% during the third quarter. Advisors Asset Management Inc. now owns 711,476 shares of the pipeline company’s stock worth $19,345,000 after acquiring an additional 245,694 shares in the last quarter. Cohen & Steers Inc. raised its holdings in shares of Williams Companies by 4.8% during the third quarter. Cohen & Steers Inc. now owns 730,310 shares of the pipeline company’s stock worth $19,857,000 after acquiring an additional 33,357 shares in the last quarter. Finally, State Board of Administration of Florida Retirement System raised its holdings in shares of Williams Companies by 9.0% during the fourth quarter. State Board of Administration of Florida Retirement System now owns 1,558,434 shares of the pipeline company’s stock worth $34,363,000 after acquiring an additional 128,172 shares in the last quarter. 90.25% of the stock is owned by institutional investors and hedge funds.

In related news, insider Walter J. Bennett sold 14,859 shares of Williams Companies stock in a transaction dated Monday, February 25th. The stock was sold at an average price of $27.13, for a total transaction of $403,124.67. Following the sale, the insider now directly owns 116,881 shares of the company’s stock, valued at $3,170,981.53. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Kathleen B. Cooper sold 9,615 shares of Williams Companies stock in a transaction dated Tuesday, February 19th. The stock was sold at an average price of $27.39, for a total value of $263,354.85. Following the sale, the director now directly owns 32,272 shares in the company, valued at $883,930.08. The disclosure for this sale can be found here. Insiders own 0.50% of the company’s stock.

Several analysts recently issued reports on WMB shares. Zacks Investment Research lowered Williams Companies from a “buy” rating to a “hold” rating in a report on Monday, January 14th. Mizuho started coverage on Williams Companies in a report on Wednesday, November 28th. They set a “buy” rating and a $32.00 price objective for the company. Barclays upgraded Williams Companies from an “equal weight” rating to an “overweight” rating and set a $31.00 price objective for the company in a report on Wednesday, January 16th. Bank of America set a $30.00 price objective on Williams Companies and gave the stock a “buy” rating in a report on Thursday, February 14th. Finally, Evercore ISI started coverage on Williams Companies in a report on Tuesday, February 5th. They set an “outperform” rating for the company. One analyst has rated the stock with a sell rating, two have assigned a hold rating and fifteen have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $32.07.

Williams Companies stock opened at $28.70 on Tuesday. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.74 and a current ratio of 0.81. The stock has a market capitalization of $34.48 billion, a PE ratio of 36.33, a price-to-earnings-growth ratio of 4.53 and a beta of 1.72. Williams Companies Inc has a 52 week low of $20.36 and a 52 week high of $32.22.

Williams Companies (NYSE:WMB) last posted its quarterly earnings data on Wednesday, February 13th. The pipeline company reported $0.19 EPS for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.03). The business had revenue of $2.20 billion during the quarter, compared to the consensus estimate of $2.53 billion. Williams Companies had a positive return on equity of 4.83% and a negative net margin of 1.78%. During the same quarter in the previous year, the firm posted $0.36 earnings per share. Analysts anticipate that Williams Companies Inc will post 0.97 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 25th. Stockholders of record on Friday, March 8th were paid a $0.38 dividend. The ex-dividend date was Thursday, March 7th. This is a positive change from Williams Companies’s previous quarterly dividend of $0.34. This represents a $1.52 dividend on an annualized basis and a dividend yield of 5.30%. Williams Companies’s payout ratio is presently 192.41%.

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Williams Companies Company Profile

The Williams Companies, Inc operates as an energy infrastructure company primarily in the United States. The company's Northeast G&P segment engages in the natural gas gathering, compression, and processing business, as well as natural gas liquids (NGL) fractionation business in the Marcellus and Utica Shale regions in Pennsylvania, West Virginia, New York, and Ohio.

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Institutional Ownership by Quarter for Williams Companies (NYSE:WMB)

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