Cleararc Capital Inc. boosted its stake in shares of Williams Companies Inc (NYSE:WMB) by 47.6% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 31,266 shares of the pipeline company’s stock after acquiring an additional 10,076 shares during the period. Cleararc Capital Inc.’s holdings in Williams Companies were worth $850,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the business. Tortoise Capital Advisors L.L.C. boosted its position in shares of Williams Companies by 149.0% during the 3rd quarter. Tortoise Capital Advisors L.L.C. now owns 41,886,657 shares of the pipeline company’s stock worth $1,138,898,000 after acquiring an additional 25,063,078 shares in the last quarter. Kayne Anderson Capital Advisors LP boosted its position in shares of Williams Companies by 270.4% during the 3rd quarter. Kayne Anderson Capital Advisors LP now owns 21,013,475 shares of the pipeline company’s stock worth $571,344,000 after acquiring an additional 15,340,711 shares in the last quarter. OppenheimerFunds Inc. boosted its position in shares of Williams Companies by 221.1% during the 3rd quarter. OppenheimerFunds Inc. now owns 15,689,208 shares of the pipeline company’s stock worth $426,589,000 after acquiring an additional 10,803,288 shares in the last quarter. Commonwealth Bank of Australia boosted its position in shares of Williams Companies by 6,069.7% during the 3rd quarter. Commonwealth Bank of Australia now owns 7,433,838 shares of the pipeline company’s stock worth $202,109,000 after acquiring an additional 7,313,349 shares in the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its position in shares of Williams Companies by 359.4% during the 3rd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 8,846,406 shares of the pipeline company’s stock worth $240,534,000 after acquiring an additional 6,920,686 shares in the last quarter. Institutional investors own 91.16% of the company’s stock.

In other news, Director Michael A. Creel bought 25,000 shares of the firm’s stock in a transaction that occurred on Friday, November 2nd. The stock was purchased at an average cost of $25.77 per share, with a total value of $644,250.00. Following the transaction, the director now directly owns 20,907 shares in the company, valued at $538,773.39. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, SVP Terrance Lane Wilson bought 1,000 shares of the firm’s stock in a transaction that occurred on Friday, November 2nd. The stock was purchased at an average cost of $25.75 per share, with a total value of $25,750.00. Following the completion of the transaction, the senior vice president now owns 17,844 shares in the company, valued at $459,483. The disclosure for this purchase can be found here. Over the last three months, insiders purchased 38,500 shares of company stock valued at $993,625. Insiders own 0.53% of the company’s stock.

Shares of NYSE WMB opened at $24.53 on Friday. The stock has a market capitalization of $30.32 billion, a P/E ratio of 38.94, a PEG ratio of 5.00 and a beta of 1.59. The company has a quick ratio of 0.66, a current ratio of 0.72 and a debt-to-equity ratio of 1.27. Williams Companies Inc has a 52-week low of $23.54 and a 52-week high of $33.67.

Williams Companies (NYSE:WMB) last announced its earnings results on Wednesday, October 31st. The pipeline company reported $0.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.20 by $0.04. The firm had revenue of $2.30 billion during the quarter, compared to analysts’ expectations of $2.16 billion. Williams Companies had a return on equity of 4.44% and a net margin of 24.15%. During the same period in the prior year, the firm earned $0.04 EPS. As a group, research analysts forecast that Williams Companies Inc will post 0.77 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Monday, December 31st. Investors of record on Friday, December 14th will be given a $0.34 dividend. The ex-dividend date of this dividend is Thursday, December 13th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 5.54%. Williams Companies’s dividend payout ratio (DPR) is presently 215.87%.

Several research firms have recently issued reports on WMB. Zacks Investment Research reaffirmed a “buy” rating and set a $29.00 price objective on shares of Williams Companies in a research report on Saturday, November 17th. UBS Group upped their price objective on Williams Companies from $36.00 to $38.00 and gave the stock a “buy” rating in a research report on Friday, August 10th. Mizuho began coverage on Williams Companies in a research report on Wednesday, November 28th. They set a “buy” rating and a $32.00 price objective for the company. ValuEngine cut Williams Companies from a “hold” rating to a “sell” rating in a research report on Tuesday, November 6th. Finally, Morgan Stanley set a $35.00 price objective on Williams Companies and gave the stock an “overweight” rating in a research report on Thursday, August 16th. One analyst has rated the stock with a sell rating, three have given a hold rating and fifteen have issued a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $32.76.

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Williams Companies Profile

The Williams Companies, Inc operates as an energy infrastructure company primarily in the United States. It owns and operates natural gas pipeline system extending from Texas, Louisiana, Mississippi, and the Gulf of Mexico through Alabama, Georgia, South Carolina, North Carolina, Virginia, Maryland, Delaware, Pennsylvania, and New Jersey to the New York City metropolitan area.

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

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