The Williams Companies, Inc. (NYSE:WMB) Holdings Trimmed by Holistic Financial Partners

Holistic Financial Partners lessened its holdings in The Williams Companies, Inc. (NYSE:WMB) by 6.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,205 shares of the pipeline company’s stock after selling 588 shares during the period. Holistic Financial Partners’ holdings in Williams Companies were worth $375,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Tortoise Capital Advisors L.L.C. increased its holdings in shares of Williams Companies by 1.2% in the 2nd quarter. Tortoise Capital Advisors L.L.C. now owns 12,670,175 shares of the pipeline company’s stock valued at $538,482,000 after purchasing an additional 144,713 shares during the period. Dimensional Fund Advisors LP raised its holdings in shares of Williams Companies by 3.3% during the second quarter. Dimensional Fund Advisors LP now owns 9,648,918 shares of the pipeline company’s stock worth $410,064,000 after acquiring an additional 311,530 shares in the last quarter. Bahl & Gaynor Inc. boosted its position in Williams Companies by 8.8% during the second quarter. Bahl & Gaynor Inc. now owns 7,664,152 shares of the pipeline company’s stock valued at $325,726,000 after purchasing an additional 618,056 shares during the last quarter. Blackstone Inc. grew its stake in Williams Companies by 109.1% in the first quarter. Blackstone Inc. now owns 6,466,660 shares of the pipeline company’s stock valued at $252,006,000 after purchasing an additional 3,373,800 shares in the last quarter. Finally, American Century Companies Inc. increased its position in Williams Companies by 20.1% in the 2nd quarter. American Century Companies Inc. now owns 6,117,298 shares of the pipeline company’s stock worth $259,985,000 after purchasing an additional 1,024,158 shares during the last quarter. Hedge funds and other institutional investors own 86.44% of the company’s stock.

Insider Buying and Selling

In other news, CAO Mary A. Hausman sold 7,951 shares of the business’s stock in a transaction 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 sale, the chief accounting officer now owns 25,858 shares of the company’s stock, valued at $1,455,805.40. The trade was a 23.52 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, SVP Terrance Lane Wilson sold 2,000 shares of Williams Companies stock in a transaction on Tuesday, October 1st. The shares were sold at an average price of $45.29, for a total transaction of $90,580.00. Following the completion of the sale, the senior vice president now owns 304,200 shares in the company, valued at $13,777,218. The trade was a 0.65 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.44% of the company’s stock.

Analyst Ratings Changes

A number of analysts have issued reports on WMB shares. UBS Group lifted their target price on shares of Williams Companies from $55.00 to $70.00 and gave the company a “buy” rating in a research note on Friday. Mizuho increased their target price on Williams Companies from $47.00 to $56.00 and gave the company an “outperform” rating in a research note on Monday, November 4th. Royal Bank of Canada boosted their price objective on shares of Williams Companies from $47.00 to $56.00 and gave the stock an “outperform” rating in a report on Wednesday, October 16th. StockNews.com cut Williams Companies from a “buy” rating to a “hold” rating in a research report on Tuesday, August 6th. Finally, Scotiabank increased their price target on shares of Williams Companies from $43.00 to $48.00 and gave the stock a “sector perform” rating in a research report on Thursday, August 8th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and nine have given a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $51.54.

Williams Companies Stock Up 1.7 %

Shares of WMB opened at $56.55 on Monday. The firm has a market capitalization of $68.94 billion, a price-to-earnings ratio of 23.86, a PEG ratio of 5.83 and a beta of 1.03. The Williams Companies, Inc. has a 52 week low of $32.65 and a 52 week high of $57.33. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.51 and a current ratio of 0.57. The business’s fifty day moving average price is $49.94 and its two-hundred day moving average price is $45.03.

Williams Companies (NYSE:WMB) last announced 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. Williams Companies had a return on equity of 15.89% and a net margin of 27.36%. The firm had revenue of $2.65 billion during the quarter, compared to analysts’ expectations of $2.52 billion. During the same period in the previous year, the business posted $0.45 EPS. The company’s quarterly revenue was up 3.7% compared to the same quarter last year. On average, analysts predict that The Williams Companies, Inc. will post 1.91 earnings per share for the current year.

Williams Companies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, December 30th. Investors of record on Friday, December 13th will be given a $0.475 dividend. The ex-dividend date of this dividend is Friday, December 13th. This represents a $1.90 dividend on an annualized basis and a dividend yield of 3.36%. Williams Companies’s dividend payout ratio is 80.17%.

About Williams Companies

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.