Key Group Holdings Cayman LTD. held its position in shares of Williams Companies, Inc. (The) (NYSE:WMB) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 37,500 shares of the pipeline company’s stock at the end of the 2nd quarter. Key Group Holdings Cayman LTD.’s holdings in Williams Companies, Inc. (The) were worth $1,136,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in WMB. Massey Quick & Co. LLC acquired a new stake in shares of Williams Companies, Inc. (The) in the first quarter valued at approximately $121,000. Bronfman E.L. Rothschild L.P. boosted its stake in shares of Williams Companies, Inc. (The) by 78.6% during the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 4,537 shares of the pipeline company’s stock worth $137,000 after acquiring an additional 1,997 shares during the period. Parallel Advisors LLC boosted its stake in shares of Williams Companies, Inc. (The) by 124.1% during the 1st quarter. Parallel Advisors LLC now owns 4,646 shares of the pipeline company’s stock worth $143,000 after acquiring an additional 2,573 shares during the period. CWM LLC boosted its stake in shares of Williams Companies, Inc. (The) by 300.7% during the 2nd quarter. CWM LLC now owns 4,893 shares of the pipeline company’s stock worth $148,000 after acquiring an additional 3,672 shares during the period. Finally, SeaBridge Investment Advisors LLC increased its holdings in shares of Williams Companies, Inc. (The) by 41.6% during the 2nd quarter. SeaBridge Investment Advisors LLC now owns 5,210 shares of the pipeline company’s stock worth $158,000 after acquiring an additional 1,530 shares during the last quarter. Hedge funds and other institutional investors own 84.71% of the company’s stock.

Shares of Williams Companies, Inc. (WMB) traded down 0.10% during mid-day trading on Monday, reaching $29.98. 1,295,325 shares of the company’s stock traded hands. Williams Companies, Inc. has a 12-month low of $27.35 and a 12-month high of $32.69. The firm has a 50-day moving average of $30.06 and a 200 day moving average of $29.92. The company has a market cap of $24.78 billion, a P/E ratio of 47.29 and a beta of 1.38.

Williams Companies, Inc. (The) (NYSE:WMB) last posted its quarterly earnings results on Wednesday, August 2nd. The pipeline company reported $0.13 EPS for the quarter, missing the Zacks’ consensus estimate of $0.19 by ($0.06). The company had revenue of $1.92 billion during the quarter, compared to the consensus estimate of $2.26 billion. Williams Companies, Inc. (The) had a return on equity of 3.43% and a net margin of 6.24%. During the same period in the previous year, the business earned $0.19 earnings per share. Equities analysts forecast that Williams Companies, Inc. will post $0.86 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Monday, September 25th. Shareholders of record on Friday, September 8th were issued a $0.30 dividend. The ex-dividend date was Thursday, September 7th. This represents a $1.20 annualized dividend and a dividend yield of 4.00%. Williams Companies, Inc. (The)’s payout ratio is currently 196.72%.

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Several equities research analysts have issued reports on the company. BidaskClub downgraded Williams Companies, Inc. (The) from a “strong-buy” rating to a “buy” rating in a report on Tuesday, August 8th. Zacks Investment Research raised shares of Williams Companies, Inc. (The) from a “hold” rating to a “buy” rating and set a $34.00 price objective for the company in a research report on Thursday, July 13th. Sanford C. Bernstein reiterated an “outperform” rating on shares of Williams Companies, Inc. (The) in a report on Thursday, August 10th. Wolfe Research assumed coverage on shares of Williams Companies, Inc. (The) in a report on Monday, September 25th. They issued an “outperform” rating and a $34.00 price objective on the stock. Finally, Barclays PLC raised shares of Williams Companies, Inc. (The) from an “equal weight” rating to an “overweight” rating and increased their price objective for the company from $33.00 to $36.00 in a research report on Tuesday, July 18th. Four equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $34.15.

In related news, Director Stephen I. Chazen bought 5,000 shares of the stock in a transaction that occurred on Monday, August 21st. The shares were acquired at an average cost of $28.93 per share, with a total value of $144,650.00. Following the completion of the purchase, the director now directly owns 10,000 shares of the company’s stock, valued at approximately $289,300. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP Ted T. Timmermans sold 2,000 shares of Williams Companies, Inc. (The) stock in a transaction that occurred on Tuesday, August 8th. The shares were sold at an average price of $30.66, for a total transaction of $61,320.00. Following the sale, the vice president now owns 11,094 shares of the company’s stock, valued at $340,142.04. The disclosure for this sale can be found here. In the last ninety days, insiders sold 284,001 shares of company stock worth $8,608,319. Insiders own 0.50% of the company’s stock.

About Williams Companies, Inc. (The)

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.

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

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