M Holdings Securities Inc. lifted its stake in shares of The Williams Companies, Inc. (NYSE:WMB – Get Rating) by 5.1% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 8,061 shares of the pipeline company’s stock after buying an additional 388 shares during the quarter. M Holdings Securities Inc.’s holdings in Williams Companies were worth $231,000 as of its most recent filing with the Securities & Exchange Commission.
Several other large investors also recently modified their holdings of WMB. Fairfield Bush & CO. acquired a new stake in shares of Williams Companies during the 1st quarter worth approximately $54,000. Acadian Asset Management LLC grew its position in shares of Williams Companies by 32.3% during the 1st quarter. Acadian Asset Management LLC now owns 10,414 shares of the pipeline company’s stock worth $347,000 after buying an additional 2,540 shares during the period. Cibc World Market Inc. grew its position in shares of Williams Companies by 1,001.1% during the 1st quarter. Cibc World Market Inc. now owns 101,026 shares of the pipeline company’s stock worth $3,375,000 after buying an additional 91,851 shares during the period. Cetera Investment Advisers grew its position in shares of Williams Companies by 42.9% during the 1st quarter. Cetera Investment Advisers now owns 98,677 shares of the pipeline company’s stock worth $3,297,000 after buying an additional 29,625 shares during the period. Finally, Sequoia Financial Advisors LLC acquired a new stake in shares of Williams Companies during the 1st quarter worth approximately $319,000. Institutional investors and hedge funds own 85.38% of the company’s stock.
Insider Transactions at Williams Companies
In other news, Director William H. Spence acquired 5,000 shares of the stock in a transaction that occurred on Tuesday, March 14th. The shares were acquired at an average cost of $29.61 per share, for a total transaction of $148,050.00. Following the purchase, the director now owns 48,521 shares of the company’s stock, valued at approximately $1,436,706.81. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.43% of the company’s stock.
Analyst Ratings Changes
Williams Companies Trading Down 1.6 %
NYSE WMB opened at $28.78 on Thursday. The stock has a market capitalization of $35.07 billion, a price-to-earnings ratio of 17.13, a PEG ratio of 4.53 and a beta of 1.17. The Williams Companies, Inc. has a one year low of $28.17 and a one year high of $37.97. The company has a debt-to-equity ratio of 1.57, a current ratio of 0.78 and a quick ratio of 0.71. The business’s fifty day moving average is $31.35 and its 200-day moving average is $32.05.
Williams Companies (NYSE:WMB – Get Rating) last released its earnings results on Monday, February 20th. The pipeline company reported $0.53 EPS for the quarter, topping analysts’ consensus estimates of $0.47 by $0.06. The company had revenue of $2.93 billion for the quarter, compared to analysts’ expectations of $3.18 billion. Williams Companies had a return on equity of 16.02% and a net margin of 18.69%. During the same period in the previous year, the business posted $0.39 EPS. Equities research analysts predict that The Williams Companies, Inc. will post 1.82 EPS for the current year.
Williams Companies Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Monday, March 27th. Stockholders of record on Monday, March 13th will be paid a dividend of $0.4475 per share. This represents a $1.79 dividend on an annualized basis and a dividend yield of 6.22%. This is a boost from Williams Companies’s previous quarterly dividend of $0.43. The ex-dividend date is Friday, March 10th. Williams Companies’s payout ratio is presently 106.55%.
Williams Companies Company Profile
The Williams Cos., Inc operates as an energy infrastructure company, which explores, produces, transports, sells and processes natural gas and petroleum products. It operates through the following segments: Transmission and Gulf of Mexico, Northeast G&P, and West. The Transmission and Gulf of Mexico segment consists of interstate natural gas pipelines, the Transco and Northwest Pipelines, as well as natural gas gathering and processing and crude oil production handling and transportation assets in the Gulf Coast region.
Further Reading
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