Geode Capital Management LLC increased its stake in shares of Williams Companies Inc (NYSE:WMB) by 7.7% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 15,722,127 shares of the pipeline company’s stock after buying an additional 1,124,517 shares during the period. Geode Capital Management LLC’s holdings in Williams Companies were worth $346,152,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. State Board of Administration of Florida Retirement System increased its holdings in 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 buying an additional 128,172 shares during the last quarter. LVW Advisors LLC increased its holdings in Williams Companies by 9.7% during the fourth quarter. LVW Advisors LLC now owns 29,150 shares of the pipeline company’s stock worth $643,000 after buying an additional 2,575 shares during the last quarter. Quadrant Capital Group LLC increased its holdings in Williams Companies by 11.5% during the fourth quarter. Quadrant Capital Group LLC now owns 5,026 shares of the pipeline company’s stock worth $101,000 after buying an additional 519 shares during the last quarter. Trust Asset Management LLC increased its holdings in Williams Companies by 1.0% during the fourth quarter. Trust Asset Management LLC now owns 619,484 shares of the pipeline company’s stock worth $13,660,000 after buying an additional 5,924 shares during the last quarter. Finally, Telemus Capital LLC increased its holdings in Williams Companies by 6.5% during the fourth quarter. Telemus Capital LLC now owns 54,363 shares of the pipeline company’s stock worth $1,199,000 after buying an additional 3,297 shares during the last quarter. Institutional investors and hedge funds own 90.08% of the company’s stock.

Shares of NYSE:WMB opened at $27.46 on Tuesday. The company has a debt-to-equity ratio of 1.32, a current ratio of 0.31 and a quick ratio of 0.28. The stock has a market cap of $33.32 billion, a price-to-earnings ratio of 34.76, a price-to-earnings-growth ratio of 4.37 and a beta of 1.70. Williams Companies Inc has a twelve month low of $20.36 and a twelve month high of $32.22.

Williams Companies (NYSE:WMB) last issued its earnings results on Wednesday, May 1st. The pipeline company reported $0.22 earnings per share for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.02). The business had revenue of $2.05 billion for the quarter, compared to the consensus estimate of $2.30 billion. Williams Companies had a positive return on equity of 5.56% and a negative net margin of 1.29%. Williams Companies’s revenue for the quarter was down 1.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.19 EPS. Analysts predict that Williams Companies Inc will post 0.97 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 24th. Stockholders of record on Friday, June 7th will be given a $0.38 dividend. The ex-dividend date is Thursday, June 6th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 5.54%. Williams Companies’s dividend payout ratio (DPR) is currently 192.41%.

In other news, insider Walter J. Bennett sold 14,859 shares of the firm’s stock in a transaction that occurred on Monday, February 25th. The shares were sold at an average price of $27.13, for a total value of $403,124.67. Following the completion of the transaction, the insider now directly owns 116,881 shares in the company, valued at $3,170,981.53. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.26% of the stock is currently owned by company insiders.

A number of analysts recently issued reports on WMB shares. Zacks Investment Research upgraded shares of Williams Companies from a “hold” rating to a “buy” rating and set a $30.00 price objective for the company in a report on Wednesday, January 30th. Bank of America set a $30.00 target price on shares of Williams Companies and gave the stock a “buy” rating in a research report on Thursday, February 14th. Mizuho set a $32.00 target price on shares of Williams Companies and gave the stock a “buy” rating in a research report on Tuesday, March 19th. Finally, Evercore ISI assumed coverage on shares of Williams Companies in a research report on Tuesday, February 5th. They set an “outperform” rating for the company. One investment analyst has rated the stock with a sell rating, one has given a hold rating and twelve have given a buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $32.33.

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About Williams Companies

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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