Transcendent Capital Group LLC Has $263,000 Position in The Williams Companies, Inc. (NYSE:WMB)

Transcendent Capital Group LLC lifted its holdings in The Williams Companies, Inc. (NYSE:WMB) by 233.9% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 4,865 shares of the pipeline company’s stock after purchasing an additional 3,408 shares during the quarter. Transcendent Capital Group LLC’s holdings in Williams Companies were worth $263,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of WMB. IFP Advisors Inc raised its holdings in shares of Williams Companies by 35.6% in the fourth quarter. IFP Advisors Inc now owns 7,181 shares of the pipeline company’s stock valued at $389,000 after purchasing an additional 1,885 shares during the last quarter. J. W. Coons Advisors LLC acquired a new position in Williams Companies in the 4th quarter valued at $268,000. Colonial River Investments LLC raised its position in shares of Williams Companies by 7.4% in the fourth quarter. Colonial River Investments LLC now owns 8,219 shares of the pipeline company’s stock valued at $445,000 after buying an additional 568 shares in the last quarter. Y Intercept Hong Kong Ltd acquired a new position in Williams Companies in the fourth quarter valued at about $2,552,000. Finally, Howard Capital Management Inc. increased its stake in Williams Companies by 2.7% in the fourth quarter. Howard Capital Management Inc. now owns 12,652 shares of the pipeline company’s stock valued at $685,000 after acquiring an additional 331 shares during the last quarter. 86.44% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several brokerages have commented on WMB. UBS Group boosted their target price on Williams Companies from $55.00 to $70.00 and gave the stock a “buy” rating in a research note on Friday, November 15th. Scotiabank reiterated a “sector perform” rating and set a $51.00 price target on shares of Williams Companies in a report on Friday, January 10th. Mizuho boosted their price objective on Williams Companies from $47.00 to $56.00 and gave the company an “outperform” rating in a report on Monday, November 4th. The Goldman Sachs Group increased their price target on Williams Companies from $45.00 to $55.00 and gave the company a “neutral” rating in a research report on Tuesday, November 26th. Finally, Barclays upped their target price on shares of Williams Companies from $46.00 to $56.00 and gave the stock an “equal weight” rating in a research note on Friday, January 10th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and nine have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $53.29.

Williams Companies Stock Down 0.3 %

WMB opened at $57.28 on Tuesday. The company has a quick ratio of 0.45, a current ratio of 0.50 and a debt-to-equity ratio of 1.67. The stock has a market cap of $69.82 billion, a price-to-earnings ratio of 31.30, a PEG ratio of 5.01 and a beta of 1.05. The company’s 50-day moving average price is $56.21 and its two-hundred day moving average price is $52.41. The Williams Companies, Inc. has a twelve month low of $34.54 and a twelve month high of $61.46.

Williams Companies (NYSE:WMB) last issued its earnings results on Wednesday, February 12th. The pipeline company reported $0.47 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.47. Williams Companies had a net margin of 21.17% and a return on equity of 15.85%. As a group, equities analysts expect that The Williams Companies, Inc. will post 2.08 earnings per share for the current year.

Williams Companies Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be given a $0.50 dividend. The ex-dividend date of this dividend is Friday, March 14th. This is a boost from Williams Companies’s previous quarterly dividend of $0.48. This represents a $2.00 annualized dividend and a dividend yield of 3.49%. Williams Companies’s payout ratio is 109.29%.

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.