Cambiar Investors LLC Has $1.18 Million Holdings in The Williams Companies, Inc. (NYSE:WMB)

Cambiar Investors LLC decreased its stake in The Williams Companies, Inc. (NYSE:WMB) by 97.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 21,791 shares of the pipeline company’s stock after selling 777,477 shares during the quarter. Cambiar Investors LLC’s holdings in Williams Companies were worth $1,179,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in WMB. AlphaMark Advisors LLC acquired a new stake in shares of Williams Companies in the 4th quarter valued at approximately $27,000. Financial Life Planners bought a new stake in Williams Companies in the fourth quarter valued at approximately $30,000. SOA Wealth Advisors LLC. acquired a new stake in Williams Companies in the fourth quarter worth $32,000. Legacy Investment Solutions LLC bought a new position in shares of Williams Companies during the third quarter worth $30,000. Finally, Rosenberg Matthew Hamilton grew its holdings in shares of Williams Companies by 50.4% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 752 shares of the pipeline company’s stock valued at $34,000 after buying an additional 252 shares during the period. Institutional investors own 86.44% of the company’s stock.

Analyst Ratings Changes

WMB has been the topic of several research analyst reports. UBS Group raised their price objective on Williams Companies from $55.00 to $70.00 and gave the stock a “buy” rating in a research note on Friday, November 15th. Bank of America assumed coverage on Williams Companies in a report on Thursday, October 17th. They set a “buy” rating and a $55.00 price objective on the stock. Scotiabank reissued a “sector perform” rating and set a $51.00 target price on shares of Williams Companies in a research note on Friday, January 10th. Barclays lifted their price target on shares of Williams Companies from $46.00 to $56.00 and gave the company an “equal weight” rating in a research note on Friday, January 10th. Finally, Royal Bank of Canada increased their price objective on shares of Williams Companies from $47.00 to $56.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 16th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and nine have issued a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $53.00.

Williams Companies Price Performance

NYSE:WMB opened at $55.24 on Wednesday. The Williams Companies, Inc. has a 52-week low of $32.65 and a 52-week high of $61.46. The company has a market cap of $67.33 billion, a P/E ratio of 23.31, a P/E/G ratio of 5.06 and a beta of 1.04. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.51 and a current ratio of 0.57. The stock’s 50-day simple moving average is $55.90 and its 200 day simple moving average is $51.40.

Williams Companies Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be given a dividend of $0.50 per share. This is a positive change from Williams Companies’s previous quarterly dividend of $0.48. The ex-dividend date is Friday, March 14th. This represents a $2.00 annualized dividend and a dividend yield of 3.62%. Williams Companies’s payout ratio is 80.17%.

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.