Allen Capital Group LLC Invests $225,000 in The Williams Companies, Inc. (NYSE:WMB)

Allen Capital Group LLC purchased a new stake in The Williams Companies, Inc. (NYSE:WMB) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 4,158 shares of the pipeline company’s stock, valued at approximately $225,000.

Other institutional investors have also recently bought and sold shares of the company. AlphaMark Advisors LLC bought a new position in shares of Williams Companies in the 4th quarter valued at about $27,000. Legacy Investment Solutions LLC bought a new stake in shares of Williams Companies during the 3rd quarter valued at $30,000. Rosenberg Matthew Hamilton boosted its position 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 stake in shares of Williams Companies during the second quarter worth $35,000. Finally, FSA Wealth Management LLC bought a new stake in Williams Companies in the third quarter valued at about $38,000. Institutional investors own 86.44% of the company’s stock.

Williams Companies Price Performance

Shares of WMB opened at $55.37 on Thursday. The company’s 50-day moving average is $56.34 and its 200-day moving average is $50.58. 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 capitalization of $67.50 billion, a PE ratio of 23.36, a PEG ratio of 5.31 and a beta of 1.06. The Williams Companies, Inc. has a fifty-two week low of $32.65 and a fifty-two week high of $61.46.

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

Williams Companies Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be given a dividend of $0.50 per share. This is a boost from Williams Companies’s previous quarterly dividend of $0.48. The ex-dividend date is Friday, March 14th. This represents a $2.00 annualized dividend and a yield of 3.61%. Williams Companies’s dividend payout ratio (DPR) is presently 80.17%.

Analyst Ratings Changes

Several equities analysts have recently issued reports on WMB shares. Mizuho boosted their target price on Williams Companies from $47.00 to $56.00 and gave the stock an “outperform” rating in a research report on Monday, November 4th. Citigroup upped their price objective on shares of Williams Companies from $45.00 to $52.00 and gave the company a “buy” rating in a research report on Thursday, October 3rd. CIBC lifted their target price on Williams Companies from $45.00 to $54.00 and gave the stock a “neutral” rating in a report on Tuesday, October 22nd. Morgan Stanley upgraded Williams Companies from an “equal weight” rating to an “overweight” rating and increased their price target for the stock from $52.00 to $58.00 in a report on Friday, October 4th. Finally, Scotiabank reiterated a “sector perform” rating and issued a $51.00 price objective on shares of Williams Companies in a research report on Friday, January 10th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and nine have given a buy rating to the company. According to MarketBeat, Williams Companies presently has a consensus rating of “Hold” and a consensus target price of $53.00.

Insider Transactions at Williams Companies

In other Williams Companies news, CAO Mary A. Hausman sold 7,951 shares of the business’s stock in a transaction dated 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 of the company’s stock, valued at $1,455,805.40. The trade was a 23.52 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 0.44% of the company’s stock.

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.