BLB&B Advisors LLC Has $560,000 Holdings in The Williams Companies, Inc. (NYSE:WMB)

BLB&B Advisors LLC trimmed its position in shares of The Williams Companies, Inc. (NYSE:WMB) by 6.0% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 12,268 shares of the pipeline company’s stock after selling 790 shares during the period. BLB&B Advisors LLC’s holdings in Williams Companies were worth $560,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Clearbridge Investments LLC lifted its position in shares of Williams Companies by 5.9% during the 1st quarter. Clearbridge Investments LLC now owns 20,983,727 shares of the pipeline company’s stock worth $817,736,000 after buying an additional 1,175,628 shares during the last quarter. Tortoise Capital Advisors L.L.C. lifted its holdings in shares of Williams Companies by 1.2% in the second quarter. Tortoise Capital Advisors L.L.C. now owns 12,670,175 shares of the pipeline company’s stock worth $538,482,000 after acquiring an additional 144,713 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Williams Companies by 3.3% in the 2nd quarter. Dimensional Fund Advisors LP now owns 9,648,918 shares of the pipeline company’s stock valued at $410,064,000 after purchasing an additional 311,530 shares in the last quarter. Kayne Anderson Capital Advisors LP grew its holdings in shares of Williams Companies by 13.4% during the 1st quarter. Kayne Anderson Capital Advisors LP now owns 8,540,611 shares of the pipeline company’s stock valued at $332,828,000 after purchasing an additional 1,010,658 shares during the last quarter. Finally, Bahl & Gaynor Inc. increased its position in Williams Companies by 8.8% during the 2nd quarter. Bahl & Gaynor Inc. now owns 7,664,152 shares of the pipeline company’s stock worth $325,726,000 after purchasing an additional 618,056 shares in the last quarter. 86.44% of the stock is owned by institutional investors.

Williams Companies Stock Performance

Shares of Williams Companies stock opened at $52.24 on Thursday. The business has a 50-day moving average price of $46.83 and a two-hundred day moving average price of $43.14. The Williams Companies, Inc. has a 1-year low of $32.65 and a 1-year high of $52.82. The company has a current ratio of 0.45, a quick ratio of 0.39 and a debt-to-equity ratio of 1.64. The company has a market cap of $63.67 billion, a P/E ratio of 21.95, a PEG ratio of 5.88 and a beta of 1.05.

Williams Companies (NYSE:WMB) last announced its earnings results on Monday, August 5th. The pipeline company reported $0.43 EPS for the quarter, beating the consensus estimate of $0.38 by $0.05. Williams Companies had a return on equity of 16.17% and a net margin of 27.11%. The company had revenue of $2.34 billion for the quarter, compared to analyst estimates of $2.46 billion. During the same quarter in the prior year, the company earned $0.42 EPS. The firm’s revenue for the quarter was down 5.9% compared to the same quarter last year. As a group, analysts anticipate that The Williams Companies, Inc. will post 1.91 EPS for the current year.

Williams Companies Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Friday, September 13th were paid a dividend of $0.475 per share. This represents a $1.90 annualized dividend and a yield of 3.64%. The ex-dividend date was Friday, September 13th. Williams Companies’s dividend payout ratio is presently 79.83%.

Insiders Place Their Bets

In other news, SVP Terrance Lane Wilson sold 2,000 shares of the company’s stock in a transaction dated Tuesday, October 1st. The shares were sold at an average price of $45.29, for a total transaction of $90,580.00. Following the transaction, the senior vice president now owns 304,200 shares in the company, valued at approximately $13,777,218. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.44% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on WMB. Seaport Res Ptn cut shares of Williams Companies from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 30th. Scotiabank upped their target price on Williams Companies from $43.00 to $48.00 and gave the stock a “sector perform” rating in a report on Thursday, August 8th. Citigroup increased their target price on Williams Companies from $45.00 to $52.00 and gave the company a “buy” rating in a research report on Thursday, October 3rd. Royal Bank of Canada boosted their price target on Williams Companies from $47.00 to $56.00 and gave the stock an “outperform” rating in a report on Wednesday, October 16th. Finally, Barclays raised their price objective on shares of Williams Companies from $42.00 to $46.00 and gave the company an “equal weight” rating in a report on Wednesday, October 2nd. One research analyst has rated the stock with a sell rating, seven have given a hold rating and nine have assigned a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $48.62.

Williams Companies Company Profile

The Williams Companies, Inc, together with its subsidiaries, operates as an energy infrastructure company primarily in the United States. It operates through Transmission & Gulf of Mexico, Northeast G&P, West, and Gas & NGL Marketing Services segments. The Transmission & Gulf of Mexico segment comprises natural gas pipelines; Transco, Northwest pipeline, MountainWest, and related natural gas storage facilities; and natural gas gathering and processing, and crude oil production handling and transportation assets in the Gulf Coast region.