The Williams Companies, Inc. (NYSE:WMB) Shares Bought by Annex Advisory Services LLC

Annex Advisory Services LLC increased its holdings in The Williams Companies, Inc. (NYSE:WMB) by 2.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 169,533 shares of the pipeline company’s stock after buying an additional 4,119 shares during the period. Annex Advisory Services LLC’s holdings in Williams Companies were worth $9,175,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the business. Legacy Investment Solutions LLC acquired a new position in Williams Companies in the third quarter valued at approximately $30,000. Rosenberg Matthew Hamilton lifted its holdings in shares of Williams Companies by 50.4% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 752 shares of the pipeline company’s stock worth $34,000 after purchasing an additional 252 shares during the last quarter. Quarry LP acquired a new position in Williams Companies during the 2nd quarter valued at approximately $35,000. FSA Wealth Management LLC bought a new position in Williams Companies during the 3rd quarter worth $38,000. Finally, Fortitude Family Office LLC increased its position in Williams Companies by 120.8% in the third quarter. Fortitude Family Office LLC now owns 996 shares of the pipeline company’s stock worth $45,000 after buying an additional 545 shares during the period. Institutional investors own 86.44% of the company’s stock.

Williams Companies Stock Up 0.1 %

WMB stock opened at $59.22 on Monday. The company has a debt-to-equity ratio of 1.67, a current ratio of 0.57 and a quick ratio of 0.51. The firm has a market cap of $72.19 billion, a PE ratio of 24.99, a P/E/G ratio of 5.36 and a beta of 1.06. The Williams Companies, Inc. has a 12 month low of $32.65 and a 12 month high of $60.36. The firm has a 50 day simple moving average of $56.13 and a 200 day simple moving average of $49.76.

Williams Companies (NYSE:WMB) last released its quarterly earnings data on Wednesday, November 6th. The pipeline company reported $0.43 earnings per share for the quarter, topping the consensus estimate of $0.42 by $0.01. The business had revenue of $2.65 billion during the quarter, compared to analyst estimates of $2.52 billion. Williams Companies had a return on equity of 15.89% and a net margin of 27.36%. The company’s revenue was up 3.7% compared to the same quarter last year. During the same period last year, the company posted $0.45 EPS. Equities research analysts forecast that The Williams Companies, Inc. will post 1.92 earnings per share for the current fiscal year.

Williams Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Friday, December 13th were paid a dividend of $0.475 per share. This represents a $1.90 dividend on an annualized basis and a yield of 3.21%. The ex-dividend date of this dividend was Friday, December 13th. Williams Companies’s dividend payout ratio is presently 80.17%.

Insiders Place Their Bets

In related news, CAO Mary A. Hausman sold 7,951 shares of the company’s stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $56.30, for a total value of $447,641.30. Following the completion of the sale, the chief accounting officer now owns 25,858 shares in the company, valued at approximately $1,455,805.40. This represents a 23.52 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.44% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on WMB shares. Morgan Stanley upgraded shares of Williams Companies from an “equal weight” rating to an “overweight” rating and upped their price target for the stock from $52.00 to $58.00 in a research report on Friday, October 4th. UBS Group raised their price target on shares of Williams Companies from $55.00 to $70.00 and gave the company a “buy” rating in a research note on Friday, November 15th. CIBC lifted their price target on Williams Companies from $45.00 to $54.00 and gave the company a “neutral” rating in a report on Tuesday, October 22nd. Scotiabank reissued a “sector perform” rating and issued a $51.00 price objective on shares of Williams Companies in a report on Friday, January 10th. Finally, Bank of America assumed coverage on Williams Companies in a research report on Thursday, October 17th. They set a “buy” rating and a $55.00 price target for the company. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and nine have issued a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $53.00.

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.