State of Alaska Department of Revenue acquired a new position in Williams Companies, Inc. (The) (NYSE:WMB) during the second quarter, according to its most recent disclosure with the SEC. The firm acquired 6,140 shares of the pipeline company’s stock, valued at approximately $185,000.

A number of other hedge funds have also recently made changes to their positions in the company. NN Investment Partners Holdings N.V. raised its position in Williams Companies, Inc. (The) by 4,961.8% in the second quarter. NN Investment Partners Holdings N.V. now owns 229,099 shares of the pipeline company’s stock valued at $6,937,000 after buying an additional 224,573 shares during the last quarter. Atria Investments LLC raised its position in Williams Companies, Inc. (The) by 9.8% in the second quarter. Atria Investments LLC now owns 90,180 shares of the pipeline company’s stock valued at $2,731,000 after buying an additional 8,055 shares during the last quarter. Stock Yards Bank & Trust Co. raised its position in Williams Companies, Inc. (The) by 2.0% in the second quarter. Stock Yards Bank & Trust Co. now owns 25,484 shares of the pipeline company’s stock valued at $772,000 after buying an additional 500 shares during the last quarter. Fox Run Management L.L.C. bought a new position in Williams Companies, Inc. (The) during the second quarter valued at about $951,000. Finally, Trust Co raised its position in Williams Companies, Inc. (The) by 8.2% in the first quarter. Trust Co now owns 45,074 shares of the pipeline company’s stock valued at $1,334,000 after buying an additional 3,424 shares during the last quarter. Hedge funds and other institutional investors own 84.31% of the company’s stock.

Shares of Williams Companies, Inc. (NYSE WMB) traded down 0.94% during trading on Monday, hitting $30.69. The company had a trading volume of 769,894 shares. Williams Companies, Inc. has a 12-month low of $24.62 and a 12-month high of $32.69. The stock has a market capitalization of $25.36 billion, a price-to-earnings ratio of 2046.00 and a beta of 1.38. The stock has a 50-day moving average of $30.32 and a 200 day moving average of $29.57.

Williams Companies, Inc. (The) (NYSE:WMB) last released its earnings results on Wednesday, August 2nd. The pipeline company reported $0.13 EPS for the quarter, missing the consensus estimate 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 business had revenue of $1.92 billion for the quarter, compared to analyst estimates of $2.26 billion. During the same period in the prior year, the business earned $0.19 EPS. On average, analysts predict that Williams Companies, Inc. will post $1.05 EPS for the current fiscal year.

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Several equities analysts have recently issued reports on the company. Royal Bank Of Canada boosted their target price on Williams Companies, Inc. (The) from $34.00 to $36.00 and gave the stock an “outperform” rating in a research report on Friday. BidaskClub upgraded Williams Companies, Inc. (The) from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, August 1st. Zacks Investment Research lowered Williams Companies, Inc. (The) from a “buy” rating to a “hold” rating in a research report on Thursday, July 27th. Scotiabank set a $30.00 target price on Williams Companies, Inc. (The) and gave the stock a “hold” rating in a research report on Saturday, July 22nd. Finally, Barclays PLC upgraded Williams Companies, Inc. (The) from an “equal weight” rating to an “overweight” rating and boosted their target price for the stock from $33.00 to $36.00 in a research report on Tuesday, July 18th. Four investment analysts have rated the stock with a hold rating, ten have given a buy rating and two have assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $34.00.

In other news, CEO Alan S. Armstrong acquired 15,000 shares of Williams Companies, Inc. (The) stock in a transaction on Thursday, June 15th. The stock was purchased at an average price of $28.60 per share, with a total value of $429,000.00. Following the completion of the purchase, the chief executive officer now owns 345,527 shares of the company’s stock, valued at approximately $9,882,072.20. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Stephen W. Bergstrom acquired 17,750 shares of Williams Companies, Inc. (The) stock in a transaction on Tuesday, June 20th. The stock was purchased at an average cost of $28.12 per share, with a total value of $499,130.00. Following the purchase, the director now directly owns 17,750 shares of the company’s stock, valued at approximately $499,130. The disclosure for this purchase can be found here. In the last ninety days, insiders have purchased 38,750 shares of company stock valued at $1,107,110 and have sold 92,561 shares valued at $2,876,240. Company insiders own 0.50% of the company’s stock.

Williams Companies, Inc. (The) Company Profile

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.

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

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