American Century Companies Inc. lowered its position in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 4.0% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,447,758 shares of the pipeline company’s stock after selling 101,325 shares during the period. American Century Companies Inc. owned approximately 0.30% of Williams Companies, Inc. (The) worth $74,118,000 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. Sheaff Brock Investment Advisors LLC raised its position in shares of Williams Companies, Inc. (The) by 0.5% in the first quarter. Sheaff Brock Investment Advisors LLC now owns 8,448 shares of the pipeline company’s stock worth $250,000 after buying an additional 41 shares in the last quarter. Catawba Capital Management VA raised its position in shares of Williams Companies, Inc. (The) by 0.6% in the second quarter. Catawba Capital Management VA now owns 7,035 shares of the pipeline company’s stock worth $213,000 after buying an additional 45 shares in the last quarter. Johnson Financial Group LLC raised its position in shares of Williams Companies, Inc. (The) by 0.6% in the second quarter. Johnson Financial Group LLC now owns 7,068 shares of the pipeline company’s stock worth $214,000 after buying an additional 45 shares in the last quarter. Focused Wealth Management Inc raised its position in shares of Williams Companies, Inc. (The) by 1.8% in the first quarter. Focused Wealth Management Inc now owns 5,700 shares of the pipeline company’s stock worth $169,000 after buying an additional 100 shares in the last quarter. Finally, Financial Architects Inc raised its position in shares of Williams Companies, Inc. (The) by 1.6% in the second quarter. Financial Architects Inc now owns 6,754 shares of the pipeline company’s stock worth $204,000 after buying an additional 109 shares in the last quarter. 84.64% of the stock is owned by institutional investors and hedge funds.

Shares of Williams Companies, Inc. (NYSE:WMB) opened at 29.17 on Tuesday. Williams Companies, Inc. has a 12-month low of $27.35 and a 12-month high of $32.69. The firm has a market capitalization of $24.11 billion, a price-to-earnings ratio of 46.01 and a beta of 1.38. The firm has a 50-day moving average of $30.68 and a 200 day moving average of $29.74.

Williams Companies, Inc. (The) (NYSE:WMB) last released its quarterly earnings results on Wednesday, August 2nd. The pipeline company reported $0.13 earnings per share for the quarter, missing the 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 net margin of 6.24% and a return on equity of 3.43%. During the same quarter last year, the firm earned $0.19 EPS. On average, equities research analysts expect that Williams Companies, Inc. will post $0.95 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 25th. Stockholders 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 dividend yield of 4.11%. The ex-dividend date is Thursday, September 7th. Williams Companies, Inc. (The)’s dividend payout ratio (DPR) is presently 196.72%.

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A number of brokerages have recently commented on WMB. BidaskClub lowered shares of Williams Companies, Inc. (The) from a “strong-buy” rating to a “buy” rating in a research 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 target for the company in a research report on Thursday, July 13th. Sanford C. Bernstein reissued an “outperform” rating on shares of Williams Companies, Inc. (The) in a research report on Thursday, August 10th. Barclays PLC reissued a “hold” rating and issued a $33.00 price target on shares of Williams Companies, Inc. (The) in a research report on Tuesday, May 16th. Finally, Wells Fargo & Company raised shares of Williams Companies, Inc. (The) from a “market perform” rating to an “outperform” rating in a research report on Monday, May 15th. Five 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. Williams Companies, Inc. (The) presently has an average rating of “Buy” and an average target price of $34.00.

In other Williams Companies, Inc. (The) news, Director Stephen I. Chazen bought 5,000 shares of the firm’s stock in a transaction on Monday, August 21st. The stock was acquired at an average price of $28.93 per share, with a total value of $144,650.00. Following the transaction, the director now owns 10,000 shares in the company, valued at $289,300. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Alan S. Armstrong bought 15,000 shares of the firm’s stock in a transaction on Thursday, June 15th. The stock was acquired at an average cost of $28.60 per share, with a total value of $429,000.00. Following the transaction, the chief executive officer now owns 345,527 shares in the company, valued at approximately $9,882,072.20. The disclosure for this purchase can be found here. In the last 90 days, insiders have bought 37,750 shares of company stock worth $1,072,780. Company insiders own 0.50% of the company’s stock.

Williams Companies, Inc. (The) 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.

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

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