National Pension Service Grows Position in Williams Companies Inc (WMB)

National Pension Service lifted its position in shares of Williams Companies Inc (NYSE:WMB) by 4.1% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 833,174 shares of the pipeline company’s stock after purchasing an additional 33,099 shares during the quarter. National Pension Service owned about 0.10% of Williams Companies worth $25,403,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in WMB. Thrivent Financial For Lutherans boosted its position in shares of Williams Companies by 4.1% during the second quarter. Thrivent Financial For Lutherans now owns 31,560 shares of the pipeline company’s stock valued at $956,000 after purchasing an additional 1,240 shares in the last quarter. New York State Common Retirement Fund boosted its position in shares of Williams Companies by 13.4% during the second quarter. New York State Common Retirement Fund now owns 1,855,400 shares of the pipeline company’s stock valued at $56,182,000 after purchasing an additional 219,499 shares in the last quarter. UBS Asset Management Americas Inc. boosted its position in shares of Williams Companies by 5.7% during the second quarter. UBS Asset Management Americas Inc. now owns 2,324,661 shares of the pipeline company’s stock valued at $70,391,000 after purchasing an additional 124,484 shares in the last quarter. GSA Capital Partners LLP bought a new stake in shares of Williams Companies during the second quarter valued at approximately $244,000. Finally, D.A. Davidson & CO. boosted its position in shares of Williams Companies by 4.7% during the second quarter. D.A. Davidson & CO. now owns 25,310 shares of the pipeline company’s stock valued at $766,000 after purchasing an additional 1,132 shares in the last quarter. Institutional investors own 84.62% of the company’s stock.

In other Williams Companies news, CEO Alan S. Armstrong purchased 6,000 shares of the firm’s stock in a transaction dated Wednesday, November 15th. The stock was purchased at an average price of $27.23 per share, for a total transaction of $163,380.00. Following the completion of the purchase, the chief executive officer now directly owns 345,527 shares of the company’s stock, valued at $9,408,700.21. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider James E. Scheel sold 26,915 shares of the business’s stock in a transaction on Thursday, January 11th. The stock was sold at an average price of $33.00, for a total value of $888,195.00. The disclosure for this sale can be found here. Insiders own 0.53% of the company’s stock.

Shares of Williams Companies Inc (WMB) opened at $32.30 on Friday. The company has a quick ratio of 0.91, a current ratio of 0.97 and a debt-to-equity ratio of 1.38. Williams Companies Inc has a 1-year low of $26.82 and a 1-year high of $33.43. The company has a market capitalization of $26,700.00, a price-to-earnings ratio of 56.67, a price-to-earnings-growth ratio of 2.83 and a beta of 1.36.

Williams Companies (NYSE:WMB) last released its earnings results on Wednesday, November 1st. The pipeline company reported $0.15 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.19 by ($0.04). Williams Companies had a return on equity of 3.23% and a net margin of 5.90%. The company had revenue of $1.89 billion during the quarter, compared to the consensus estimate of $1.79 billion. During the same period last year, the firm posted $0.20 earnings per share. The company’s revenue was down .7% compared to the same quarter last year. sell-side analysts anticipate that Williams Companies Inc will post 0.64 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 26th. Shareholders of record on Friday, December 8th were issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 3.72%. The ex-dividend date was Thursday, December 7th. Williams Companies’s dividend payout ratio (DPR) is 210.53%.

Several equities research analysts recently weighed in on the company. Jefferies Group restated a “buy” rating and set a $37.00 price target on shares of Williams Companies in a research report on Friday, January 12th. Barclays lowered Williams Companies from an “overweight” rating to an “equal weight” rating and dropped their price target for the company from $36.00 to $35.00 in a research report on Wednesday. Royal Bank of Canada restated a “buy” rating and set a $38.00 price target on shares of Williams Companies in a research report on Tuesday. Bank of America started coverage on Williams Companies in a report on Tuesday, January 9th. They issued a “buy” rating on the stock. Finally, Credit Suisse Group started coverage on Williams Companies in a report on Thursday, January 4th. They issued an “outperform” rating and a $36.00 target price on the stock. One research analyst has rated the stock with a sell rating, four have given a hold rating, ten have given a buy rating and one has given a strong buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $34.42.

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About Williams Companies

The Williams Companies, Inc is an energy infrastructure company. The Company is focused on connecting North America’s hydrocarbon resource plays to markets for natural gas, natural gas liquids (NGL), and olefins. As of December 31, 2016, its interstate gas pipelines, midstream and olefins production interests were held through its investment in Williams Partners L.P.

Institutional Ownership by Quarter for Williams Companies (NYSE:WMB)

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