Waterloo Capital L.P. Has $919,000 Holdings in The Williams Companies, Inc. (NYSE:WMB)

Waterloo Capital L.P. trimmed its stake in The Williams Companies, Inc. (NYSE:WMB) by 12.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,985 shares of the pipeline company’s stock after selling 2,319 shares during the period. Waterloo Capital L.P.’s holdings in Williams Companies were worth $919,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in WMB. Royal London Asset Management Ltd. increased its position in shares of Williams Companies by 36.3% during the third quarter. Royal London Asset Management Ltd. now owns 195,037 shares of the pipeline company’s stock valued at $8,903,000 after purchasing an additional 51,935 shares during the period. Quantinno Capital Management LP increased its holdings in Williams Companies by 20.5% in the 3rd quarter. Quantinno Capital Management LP now owns 105,077 shares of the pipeline company’s stock valued at $4,797,000 after buying an additional 17,875 shares during the period. EP Wealth Advisors LLC raised its stake in shares of Williams Companies by 52.5% in the 3rd quarter. EP Wealth Advisors LLC now owns 17,706 shares of the pipeline company’s stock valued at $808,000 after buying an additional 6,099 shares in the last quarter. National Bank of Canada FI lifted its holdings in shares of Williams Companies by 224.1% during the 3rd quarter. National Bank of Canada FI now owns 1,334,307 shares of the pipeline company’s stock worth $60,909,000 after acquiring an additional 922,550 shares during the period. Finally, Zacks Investment Management boosted its position in shares of Williams Companies by 0.7% during the 3rd quarter. Zacks Investment Management now owns 129,056 shares of the pipeline company’s stock valued at $5,891,000 after acquiring an additional 951 shares in the last quarter. Institutional investors own 86.44% of the company’s stock.

Williams Companies Trading Down 7.5 %

WMB opened at $54.61 on Monday. The Williams Companies, Inc. has a 1-year low of $37.18 and a 1-year high of $61.67. The firm has a 50-day moving average price of $57.25 and a two-hundred day moving average price of $55.09. The stock has a market capitalization of $66.59 billion, a PE ratio of 29.84, a PEG ratio of 5.01 and a beta of 0.87. The company has a current ratio of 0.50, a quick ratio of 0.45 and a debt-to-equity ratio of 1.67.

Williams Companies (NYSE:WMB) last issued its quarterly earnings results on Wednesday, February 12th. The pipeline company reported $0.47 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.47. Williams Companies had a net margin of 21.17% and a return on equity of 15.85%. As a group, equities analysts anticipate that The Williams Companies, Inc. will post 2.08 earnings per share for the current fiscal year.

Williams Companies Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, March 14th were paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 3.66%. The ex-dividend date of this dividend was Friday, March 14th. This is a positive change from Williams Companies’s previous quarterly dividend of $0.48. Williams Companies’s dividend payout ratio is 109.29%.

Wall Street Analyst Weigh In

WMB has been the subject of several recent research reports. Royal Bank of Canada increased their price target on shares of Williams Companies from $62.00 to $63.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 4th. Barclays raised their target price on Williams Companies from $56.00 to $58.00 and gave the stock an “equal weight” rating in a research report on Friday, March 21st. Morgan Stanley boosted their price target on Williams Companies from $58.00 to $70.00 and gave the company an “overweight” rating in a research note on Tuesday, March 25th. Scotiabank lifted their price objective on Williams Companies from $51.00 to $53.00 and gave the company a “sector perform” rating in a report on Thursday, March 6th. Finally, Truist Financial boosted their target price on shares of Williams Companies from $56.00 to $60.00 and gave the company a “hold” rating in a research note on Friday, February 14th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and nine have given a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $56.07.

Insider Activity at Williams Companies

In other Williams Companies news, SVP Larry C. Larsen sold 8,000 shares of the company’s stock in a transaction dated Wednesday, March 12th. The shares were sold at an average price of $56.94, for a total transaction of $455,520.00. Following the transaction, the senior vice president now directly owns 81,265 shares in the company, valued at approximately $4,627,229.10. This represents a 8.96 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Chad A. Teply sold 26,000 shares of Williams Companies stock in a transaction that occurred on Thursday, February 27th. The stock was sold at an average price of $56.46, for a total transaction of $1,467,960.00. Following the sale, the senior vice president now owns 133,048 shares of the company’s stock, valued at approximately $7,511,890.08. This represents a 16.35 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 139,583 shares of company stock worth $7,563,278 over the last 90 days. Insiders own 0.44% of the company’s stock.

Williams Companies 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.