Quotient Wealth Partners LLC Has $609,000 Stock Holdings in Williams Companies, Inc. (The) (NYSE:WMB)

Quotient Wealth Partners LLC cut its holdings in Williams Companies, Inc. (The) (NYSE:WMB) by 22.6% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 10,194 shares of the pipeline company’s stock after selling 2,969 shares during the quarter. Quotient Wealth Partners LLC’s holdings in Williams Companies were worth $609,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in WMB. EP Wealth Advisors LLC increased its position in Williams Companies by 1.0% in the fourth quarter. EP Wealth Advisors LLC now owns 17,889 shares of the pipeline company’s stock worth $968,000 after purchasing an additional 183 shares during the period. Castleview Partners LLC increased its position in Williams Companies by 4.2% in the first quarter. Castleview Partners LLC now owns 4,492 shares of the pipeline company’s stock worth $268,000 after purchasing an additional 183 shares during the period. Napa Wealth Management increased its position in Williams Companies by 2.7% in the fourth quarter. Napa Wealth Management now owns 7,190 shares of the pipeline company’s stock worth $389,000 after purchasing an additional 190 shares during the period. Mirador Capital Partners LP increased its position in Williams Companies by 1.2% in the first quarter. Mirador Capital Partners LP now owns 16,712 shares of the pipeline company’s stock worth $999,000 after purchasing an additional 196 shares during the period. Finally, Perkins Coie Trust Co increased its position in Williams Companies by 13.3% in the first quarter. Perkins Coie Trust Co now owns 1,700 shares of the pipeline company’s stock worth $102,000 after purchasing an additional 200 shares during the period. 86.44% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Williams Companies

In related news, SVP Terrance Lane Wilson sold 2,000 shares of the stock in a transaction on Tuesday, July 1st. The stock was sold at an average price of $62.70, for a total value of $125,400.00. Following the sale, the senior vice president owned 315,645 shares in the company, valued at approximately $19,790,941.50. This represents a 0.63% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.44% of the company’s stock.

Williams Companies Trading Up 0.0%

NYSE:WMB opened at $57.70 on Thursday. Williams Companies, Inc. has a twelve month low of $40.41 and a twelve month high of $63.45. The company has a quick ratio of 0.36, a current ratio of 0.40 and a debt-to-equity ratio of 1.63. The business has a 50 day moving average price of $59.43 and a two-hundred day moving average price of $57.91. The company has a market cap of $70.36 billion, a P/E ratio of 30.86, a price-to-earnings-growth ratio of 4.27 and a beta of 0.65.

Williams Companies (NYSE:WMB) last released its quarterly earnings data on Monday, May 5th. The pipeline company reported $0.60 EPS for the quarter, beating the consensus estimate of $0.55 by $0.05. The company had revenue of $3.05 billion during the quarter, compared to the consensus estimate of $2.90 billion. Williams Companies had a return on equity of 15.95% and a net margin of 21.18%. The firm’s revenue for the quarter was up 10.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.59 EPS. As a group, analysts expect that Williams Companies, Inc. will post 2.08 EPS for the current fiscal year.

Williams Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Friday, June 13th were issued a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 3.47%. The ex-dividend date was Friday, June 13th. Williams Companies’s payout ratio is presently 106.95%.

Analyst Ratings Changes

A number of analysts recently commented on the company. Morgan Stanley lifted their price objective on Williams Companies from $58.00 to $70.00 and gave the stock an “overweight” rating in a research report on Tuesday, March 25th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $63.00 price objective on shares of Williams Companies in a research report on Friday, May 16th. TD Cowen began coverage on Williams Companies in a research report on Monday. They set a “buy” rating and a $67.00 target price for the company. Wolfe Research upgraded Williams Companies from an “underperform” rating to a “peer perform” rating in a research report on Friday, June 13th. Finally, Wells Fargo & Company boosted their target price on Williams Companies from $64.00 to $67.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 28th. Eight analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $61.69.

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.