The Williams Companies, Inc. (NYSE:WMB) Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC cut its stake in shares of The Williams Companies, Inc. (NYSE:WMB – Get Rating) by 87.5% during the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 12,976 shares of the pipeline company’s stock after selling 91,137 shares during the period. SG Americas Securities LLC’s holdings in Williams Companies were worth $434,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Riverview Trust Co acquired a new position in Williams Companies during the 1st quarter worth approximately $27,000. American National Bank lifted its position in Williams Companies by 63.6% during the 1st quarter. American National Bank now owns 908 shares of the pipeline company’s stock worth $30,000 after acquiring an additional 353 shares in the last quarter. Atwood & Palmer Inc. lifted its position in Williams Companies by 306.4% during the 1st quarter. Atwood & Palmer Inc. now owns 951 shares of the pipeline company’s stock worth $32,000 after acquiring an additional 717 shares in the last quarter. First Financial Corp IN acquired a new position in Williams Companies during the 1st quarter worth approximately $33,000. Finally, City State Bank acquired a new position in Williams Companies during the 4th quarter worth approximately $54,000. 86.10% of the stock is owned by institutional investors and hedge funds.

Williams Companies Price Performance

Shares of WMB opened at $32.22 on Friday. The company has a market cap of $39.26 billion, a P/E ratio of 25.17, a PEG ratio of 6.14 and a beta of 1.19. The stock has a fifty day moving average price of $32.79 and a 200 day moving average price of $32.81. The company has a debt-to-equity ratio of 1.51, a current ratio of 0.65 and a quick ratio of 0.69. The Williams Companies, Inc. has a 12 month low of $23.53 and a 12 month high of $37.97.

Williams Companies (NYSE:WMB – Get Rating) last issued its quarterly earnings data on Monday, August 1st. The pipeline company reported $0.33 EPS for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.04). The company had revenue of $2.49 billion for the quarter, compared to the consensus estimate of $2.42 billion. Williams Companies had a return on equity of 13.43% and a net margin of 14.57%. Williams Companies’s quarterly revenue was up 9.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.27 earnings per share. On average, research analysts forecast that The Williams Companies, Inc. will post 1.52 earnings per share for the current year.

Williams Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 26th. Investors of record on Friday, September 9th will be paid a dividend of $0.425 per share. The ex-dividend date is Thursday, September 8th. This represents a $1.70 dividend on an annualized basis and a yield of 5.28%. Williams Companies’s payout ratio is currently 132.81%.

Insider Buying and Selling

In related news, SVP Debbie L. Cowan sold 36,228 shares of the company’s stock in a transaction on Wednesday, June 8th. The stock was sold at an average price of $37.75, for a total transaction of $1,367,607.00. Following the completion of the transaction, the senior vice president now directly owns 62,891 shares in the company, valued at approximately $2,374,135.25. The sale was disclosed in a document filed with the SEC, which is available through this link. 0.43% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the company. Wells Fargo & Company boosted their price target on Williams Companies from $39.00 to $40.00 and gave the stock an “overweight” rating in a research report on Wednesday. Mizuho upped their target price on Williams Companies from $39.00 to $40.00 and gave the company a “buy” rating in a research report on Wednesday. US Capital Advisors reaffirmed a “hold” rating on shares of Williams Companies in a research report on Wednesday, June 1st. Morgan Stanley upped their target price on Williams Companies from $34.00 to $40.00 and gave the company an “equal weight” rating in a research report on Tuesday, April 26th. Finally, TD Securities upped their target price on Williams Companies from $38.00 to $39.00 and gave the company a “buy” rating in a research report on Wednesday. Five investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $35.92.

Williams Companies Profile

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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 Transco and Northwest natural gas pipelines; and natural gas gathering and processing, and crude oil production handling and transportation assets in the Gulf Coast region, as well as various petrochemical and feedstock pipelines.

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