Bell & Brown Wealth Advisors LLC trimmed its stake in shares of Williams Companies Inc (NYSE:WMB) by 9.8% in the fourth quarter, HoldingsChannel reports. The firm owned 23,590 shares of the pipeline company’s stock after selling 2,560 shares during the quarter. Bell & Brown Wealth Advisors LLC’s holdings in Williams Companies were worth $520,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. CWM Advisors LLC boosted its stake in shares of Williams Companies by 6.6% in the 4th quarter. CWM Advisors LLC now owns 11,945 shares of the pipeline company’s stock valued at $263,000 after purchasing an additional 735 shares during the last quarter. B.S. Pension Fund Trustee Ltd acting for the British Steel Pension Fund bought a new stake in shares of Williams Companies in the 4th quarter valued at $9,045,000. HighPoint Advisor Group LLC bought a new stake in shares of Williams Companies in the 4th quarter valued at $378,000. Nordea Investment Management AB boosted its stake in shares of Williams Companies by 2.0% in the 4th quarter. Nordea Investment Management AB now owns 70,988 shares of the pipeline company’s stock valued at $1,565,000 after purchasing an additional 1,425 shares during the last quarter. Finally, APG Asset Management N.V. boosted its stake in shares of Williams Companies by 43.1% in the 4th quarter. APG Asset Management N.V. now owns 1,868,430 shares of the pipeline company’s stock valued at $36,040,000 after purchasing an additional 563,189 shares during the last quarter. Institutional investors and hedge funds own 90.25% of the company’s stock.

Shares of NYSE WMB opened at $28.49 on Thursday. The firm has a market cap of $34.65 billion, a P/E ratio of 36.06, a P/E/G ratio of 4.57 and a beta of 1.72. Williams Companies Inc has a 12-month low of $20.36 and a 12-month high of $32.22. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.74 and a current ratio of 0.81.

Williams Companies (NYSE:WMB) last issued its earnings results on Wednesday, February 13th. The pipeline company reported $0.19 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.22 by ($0.03). The company had revenue of $2.20 billion for the quarter, compared to the consensus estimate of $2.53 billion. Williams Companies had a positive return on equity of 4.83% and a negative net margin of 1.78%. During the same period in the prior year, the company earned $0.36 earnings per share. Equities research analysts predict that Williams Companies Inc will post 0.97 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Monday, March 25th. Investors of record on Friday, March 8th were paid a dividend of $0.38 per share. The ex-dividend date was Thursday, March 7th. This is a positive change from Williams Companies’s previous quarterly dividend of $0.34. This represents a $1.52 annualized dividend and a yield of 5.34%. Williams Companies’s dividend payout ratio is currently 192.41%.

In related news, Director Kathleen B. Cooper sold 9,615 shares of the stock in a transaction on Tuesday, February 19th. The shares were sold at an average price of $27.39, for a total transaction of $263,354.85. Following the transaction, the director now directly owns 32,272 shares of the company’s stock, valued at $883,930.08. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Walter J. Bennett sold 14,859 shares of the company’s stock in a transaction on Monday, February 25th. The stock was sold at an average price of $27.13, for a total transaction of $403,124.67. Following the transaction, the insider now owns 116,881 shares in the company, valued at approximately $3,170,981.53. The disclosure for this sale can be found here. 0.50% of the stock is owned by corporate insiders.

A number of research firms have recently commented on WMB. Zacks Investment Research lowered shares of Williams Companies from a “buy” rating to a “hold” rating in a research note on Saturday, January 26th. Evercore ISI began coverage on shares of Williams Companies in a research note on Tuesday, February 5th. They issued an “outperform” rating on the stock. Mizuho set a $32.00 price objective on shares of Williams Companies and gave the company a “buy” rating in a research note on Tuesday, March 19th. Bank of America set a $30.00 price objective on shares of Williams Companies and gave the company a “buy” rating in a research note on Thursday, February 14th. Finally, Barclays raised shares of Williams Companies from an “equal weight” rating to an “overweight” rating and set a $31.00 price objective on the stock in a research note on Wednesday, January 16th. One analyst has rated the stock with a sell rating, one has given a hold rating and fifteen have issued a buy rating to the company’s stock. Williams Companies presently has a consensus rating of “Buy” and a consensus price target of $32.21.

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Williams Companies Profile

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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