Tocqueville Asset Management L.P. held its position in shares of Williams Companies, Inc. (The) (NYSE:WMB) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,435 shares of the pipeline company’s stock at the end of the second quarter. Tocqueville Asset Management L.P.’s holdings in Williams Companies, Inc. (The) were worth $377,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Great West Life Assurance Co. Can increased its position in shares of Williams Companies, Inc. (The) by 41.0% in the first quarter. Great West Life Assurance Co. Can now owns 1,189,740 shares of the pipeline company’s stock valued at $35,198,000 after buying an additional 346,157 shares during the period. Private Capital Management Inc. increased its position in shares of Williams Companies, Inc. (The) by 117.5% in the first quarter. Private Capital Management Inc. now owns 8,700 shares of the pipeline company’s stock valued at $258,000 after buying an additional 4,700 shares during the period. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. increased its position in shares of Williams Companies, Inc. (The) by 19.2% in the first quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 131,515 shares of the pipeline company’s stock valued at $3,892,000 after buying an additional 21,157 shares during the period. Advisory Services Network LLC bought a new position in shares of Williams Companies, Inc. (The) during the first quarter valued at $258,000. Finally, Oregon Public Employees Retirement Fund increased its position in shares of Williams Companies, Inc. (The) by 19.9% in the first quarter. Oregon Public Employees Retirement Fund now owns 85,479 shares of the pipeline company’s stock valued at $2,529,000 after buying an additional 14,200 shares during the period. Institutional investors own 84.64% of the company’s stock.

Shares of Williams Companies, Inc. (NYSE WMB) opened at 29.13 on Thursday. Williams Companies, Inc. has a 12-month low of $27.35 and a 12-month high of $32.69. The stock has a 50 day moving average price of $30.68 and a 200 day moving average price of $29.74. The firm has a market capitalization of $24.08 billion, a PE ratio of 45.95 and a beta of 1.38.

Williams Companies, Inc. (The) (NYSE:WMB) last released its earnings results on Wednesday, August 2nd. The pipeline company reported $0.13 EPS for the quarter, missing analysts’ consensus estimates of $0.19 by $0.06. Williams Companies, Inc. (The) had a return on equity of 3.43% and a net margin of 6.24%. The business had revenue of $1.92 billion for the quarter, compared to analyst estimates of $2.26 billion. During the same period in the prior year, the firm posted $0.19 EPS. Analysts predict that Williams Companies, Inc. will post $0.95 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 25th. Shareholders of record on Friday, September 8th will be issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 4.12%. The ex-dividend date is Thursday, September 7th. Williams Companies, Inc. (The)’s dividend payout ratio is presently 196.72%.

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Several research analysts have weighed in on the company. BidaskClub upgraded Williams Companies, Inc. (The) from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, August 1st. Zacks Investment Research downgraded Williams Companies, Inc. (The) from a “buy” rating to a “hold” rating in a research note on Thursday, July 27th. Scotiabank set a $30.00 target price on Williams Companies, Inc. (The) and gave the company a “hold” rating in a research note on Saturday, July 22nd. Barclays PLC upgraded Williams Companies, Inc. (The) from an “equal weight” rating to an “overweight” rating and lifted their target price for the company from $33.00 to $36.00 in a research note on Tuesday, July 18th. Finally, Royal Bank Of Canada lifted their target price on Williams Companies, Inc. (The) from $34.00 to $36.00 and gave the company an “outperform” rating in a research note on Friday, August 4th. Five research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $34.00.

In other Williams Companies, Inc. (The) news, Director Stephen I. Chazen bought 5,000 shares of the stock in a transaction on Monday, August 21st. The stock was purchased at an average price of $28.93 per share, with a total value of $144,650.00. Following the acquisition, the director now owns 10,000 shares of the company’s stock, valued at $289,300. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Also, VP Ted T. Timmermans sold 2,000 shares of Williams Companies, Inc. (The) stock in a transaction on Tuesday, August 8th. The stock was sold at an average price of $30.66, for a total transaction of $61,320.00. Following the sale, the vice president now directly owns 11,094 shares of the company’s stock, valued at approximately $340,142.04. The disclosure for this sale can be found here. Insiders have acquired a total of 37,750 shares of company stock valued at $1,072,780 in the last ninety days. Company insiders own 0.53% 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.

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

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