APG Asset Management N.V. increased its stake in Williams Companies, Inc. (The) (NYSE:WMB) by 19.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,414,771 shares of the pipeline company’s stock after buying an additional 232,100 shares during the period. APG Asset Management N.V. owned approximately 0.17% of Williams Companies, Inc. (The) worth $42,839,000 as of its most recent filing with the SEC.

Several other hedge funds also recently added to or reduced their stakes in WMB. Wealthfront Inc. increased its stake in Williams Companies, Inc. (The) by 6.2% in the fourth quarter. Wealthfront Inc. now owns 17,837 shares of the pipeline company’s stock valued at $555,000 after buying an additional 1,045 shares during the period. Kentucky Retirement Systems bought a new stake in Williams Companies, Inc. (The) during the fourth quarter valued at about $1,544,000. Kentucky Retirement Systems Insurance Trust Fund bought a new stake in Williams Companies, Inc. (The) during the fourth quarter valued at about $689,000. Searle & CO. bought a new stake in Williams Companies, Inc. (The) during the fourth quarter valued at about $259,000. Finally, Highbridge Capital Management LLC increased its stake in Williams Companies, Inc. (The) by 133.8% in the fourth quarter. Highbridge Capital Management LLC now owns 507,840 shares of the pipeline company’s stock valued at $15,814,000 after buying an additional 290,675 shares during the period. Institutional investors own 84.31% of the company’s stock.

Shares of Williams Companies, Inc. (WMB) opened at 30.98 on Monday. The firm has a 50 day moving average price of $30.32 and a 200-day moving average price of $29.57. The company has a market cap of $25.60 billion, a P/E ratio of 2065.33 and a beta of 1.38. Williams Companies, Inc. has a 12 month low of $24.62 and a 12 month high of $32.69.

Williams Companies, Inc. (The) (NYSE:WMB) last issued its quarterly earnings data on Wednesday, August 2nd. The pipeline company reported $0.13 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.19 by $0.06. Williams Companies, Inc. (The) had a return on equity of 3.43% and a net margin of 6.24%. The firm had revenue of $1.92 billion for the quarter, compared to the consensus estimate of $2.26 billion. During the same quarter in the prior year, the firm earned $0.19 EPS. Analysts anticipate that Williams Companies, Inc. will post $1.06 earnings per share for the current fiscal year.

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Several analysts have recently issued reports on WMB shares. Scotiabank reiterated a “hold” rating and set a $30.00 price target on shares of Williams Companies, Inc. (The) in a research note on Thursday, April 27th. BMO Capital Markets reiterated a “buy” rating and set a $32.00 price target on shares of Williams Companies, Inc. (The) in a research note on Wednesday, May 3rd. Wells Fargo & Company upgraded Williams Companies, Inc. (The) from a “market perform” rating to an “outperform” rating in a research note on Monday, May 8th. Sanford C. Bernstein initiated coverage on Williams Companies, Inc. (The) in a research note on Tuesday, May 16th. They set an “outperform” rating for the company. Finally, Barclays PLC restated a “hold” rating and set a $33.00 target price on shares of Williams Companies, Inc. (The) in a research note on Tuesday, May 16th. Four equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and two have given a strong buy rating to the stock. Williams Companies, Inc. (The) presently has an average rating of “Buy” and a consensus target price of $34.00.

In other news, Director Charles I. Cogut acquired 1,000 shares of Williams Companies, Inc. (The) stock in a transaction dated Wednesday, May 10th. The stock was bought at an average price of $30.63 per share, for a total transaction of $30,630.00. Following the completion of the acquisition, the director now directly owns 1,000 shares in the company, valued at approximately $30,630. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Stephen W. Bergstrom acquired 17,750 shares of Williams Companies, Inc. (The) stock in a transaction dated Tuesday, June 20th. The shares were purchased at an average price of $28.12 per share, with a total value of $499,130.00. Following the acquisition, the director now owns 17,750 shares of the company’s stock, valued at $499,130. The disclosure for this purchase can be found here. In the last 90 days, insiders have bought 38,750 shares of company stock valued at $1,107,110 and have sold 92,561 shares valued at $2,876,240. Insiders own 0.50% of the company’s stock.

About Williams Companies, Inc. (The)

The Williams Companies, Inc is an energy infrastructure company. The Company is focused on connecting North America’s hydrocarbon resource plays to markets for natural gas, natural gas liquids (NGL), and olefins. As of December 31, 2016, its interstate gas pipelines, midstream and olefins production interests were held through its investment in Williams Partners L.P.

Institutional Ownership by Quarter for Williams Companies, Inc. (The) (NYSE:WMB)

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