Several other institutional financiers and hedge funds have actually likewise just recently contributed to or lowered their stakes in the business. Barclays PLC grew its holdings in shares of Williams Companies by 15.4% in the 4th quarter. Barclays PLC now owns 2,980,921 shares of the pipeline business’s stock valued at $98,072,000 after obtaining an extra 398,110 shares in the last quarter. Edgestream Partners L.P. purchased a brand-new position in Williams Companies in the fourth quarter valued at $2,163,000. The Manufacturers Life Insurance Company increased its position in shares of Williams Companies by 1.0% throughout the fourth quarter. The Manufacturers Life Insurance Company now owns 3,439,716 shares of the pipeline business’s stock valued at $113,167,000 after buying an extra 33,130 shares throughout the last quarter. Seven Eight Capital LP raised its stake in shares of Williams Companies by 5.9% throughout the fourth quarter. Seven Eight Capital LP now owns 11,853 shares of the pipeline business’s stock worth $390,000 after buying an extra 661 shares throughout the duration. Finally, Pinnacle Wealth Planning Services Inc. bought a brand-new position in shares of Williams Companies in the fourth quarter worth about $218,000. Hedge funds and other institutional financiers own 85.38% of the business’s stock.
Wall Street Analyst Weigh In
Several experts have actually discussed the stock. JPMorgan Chase & Co. decreased their rate goal on shares of Williams Companies from $36.00 to $35.00 in a research study report on Tuesday, April 18th. Argus decreased Williams Companies from a “purchase” score to a “hold” score in a report on Tuesday, February 28th. Barclays reduced their rate goal on Williams Companies from $36.00 to $35.00 in a report on Tuesday, April 18th. Morgan Stanley dropped their rate goal on shares of Williams Companies from $41.00 to $39.00 in a report on Tuesday, April 25th. Finally, Wells Fargo & Company cut their rate target on Williams Companies from $37.00 to $36.00 and set an “equivalent weight” score for the business in a report on Wednesday, February 22nd. One expert has actually ranked the stock with a sell score, 8 have actually designated a hold score and 5 have actually released a buy score to the business’s stock. According to information from MarketBeat, the business presently has an agreement score of “Hold” and a typical target rate of $35.42.
Williams Companies Trading Up 4.2 %
Shares of WMB stock traded up $1.22 throughout mid-day trading on Friday, reaching $30.33. The stock had a trading volume of 5,116,899 shares, compared to its typical volume of 6,885,409. The company has a market capitalization of $36.95 billion, a PE ratio of 14.13, a price-to-earnings-growth ratio of 4.13 and a beta of 1.16. The stock’s 50-day moving typical rate is $29.51 and its two-hundred day moving typical rate is $31.14. The business has a present ratio of 0.69, a fast ratio of 0.63 and a debt-to-equity ratio of 1.59. The Williams Companies, Inc. has a 52-week low of $27.80 and a 52-week high of $37.97.
Williams Companies (NYSE:WMB – Get Rating) last revealed its quarterly profits outcomes on Wednesday, May 3rd. The pipeline business reported $0.56 profits per share (EPS) for the quarter, beating experts’ agreement quotes of $0.46 by $0.10. Williams Companies had a return on equity of 17.24% and a net margin of 22.53%. The business had income of $3.08 billion for the quarter, compared to the agreement quote of $2.65 billion. During the exact same quarter in the previous year, the business made $0.41 EPS. Williams Companies’s income was up 22.1% compared to the exact same quarter in 2015. Equities experts anticipate that The Williams Companies, Inc. will publish 1.98 profits per share for the present .
Williams Companies Dividend Announcement
The business likewise just recently revealed a quarterly dividend, which will be paid on Monday, June 26th. Shareholders of record on Monday, June 12th will be released a $0.4475 dividend. The ex-dividend date of this dividend is Friday, June 9th. This represents a $1.79 annualized dividend and a yield of 5.90%. Williams Companies’s dividend payment ratio (DPR) is currently 84.04%.
Insider Buying and Selling
In other Williams Companies news, Director William H. Spence bought 5,000 shares of the business’s stock in a deal on Tuesday, March 14th. The stock was gotten at an average cost of $29.61 per share, for an overall deal of $148,050.00. Following the purchase, the director now straight owns 48,521 shares of the business’s stock, valued at roughly $1,436,706.81. The acquisition was divulged in a file submitted with the Securities & Exchange Commission, which is available through this link. 0.44% of the stock is owned by business experts.
Williams Companies Profile
(Get Rating)
The Williams Cos., Inc runs as an energy facilities business, which checks out, produces, transportations, offers and processes gas and petroleum items. It runs through the following sections: Transmission and Gulf of Mexico, Northeast G&P, and West. The Transmission and Gulf of Mexico section includes interstate gas pipelines, the Transco and Northwest Pipelines, in addition to gas event and processing and petroleum production handling and transport possessions in the Gulf Coast area.
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