Aperio Group LLC raised its stake in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 16.0% during the second quarter, according to its most recent filing with the SEC. The firm owned 339,965 shares of the pipeline company’s stock after buying an additional 47,013 shares during the period. Aperio Group LLC’s holdings in Williams Companies, Inc. (The) were worth $10,294,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the company. SeaBridge Investment Advisors LLC bought a new stake in shares of Williams Companies, Inc. (The) during the first quarter valued at about $109,000. Massey Quick & Co. LLC bought a new stake in shares of Williams Companies, Inc. (The) during the first quarter valued at about $121,000. Acrospire Investment Management LLC raised its stake in shares of Williams Companies, Inc. (The) by 27.0% in the first quarter. Acrospire Investment Management LLC now owns 4,700 shares of the pipeline company’s stock valued at $139,000 after buying an additional 1,000 shares during the last quarter. Parallel Advisors LLC raised its stake in shares of Williams Companies, Inc. (The) by 124.1% in the first quarter. Parallel Advisors LLC now owns 4,646 shares of the pipeline company’s stock valued at $143,000 after buying an additional 2,573 shares during the last quarter. Finally, CWM LLC raised its stake in shares of Williams Companies, Inc. (The) by 300.7% in the second quarter. CWM LLC now owns 4,893 shares of the pipeline company’s stock valued at $148,000 after buying an additional 3,672 shares during the last quarter. 83.33% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Williams Companies, Inc. (WMB) traded down 0.03% on Friday, hitting $29.07. 4,842,778 shares of the stock traded hands. The stock’s 50 day moving average price is $30.84 and its 200 day moving average price is $29.72. Williams Companies, Inc. has a 52-week low of $26.89 and a 52-week high of $32.69. The stock has a market cap of $24.03 billion, a P/E ratio of 45.85 and a beta of 1.38.

Williams Companies, Inc. (The) (NYSE:WMB) last announced its earnings results on Wednesday, August 2nd. The pipeline company reported $0.13 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.19 by $0.06. Williams Companies, Inc. (The) had a net margin of 6.24% and a return on equity of 3.43%. The business had revenue of $1.92 billion during the quarter, compared to analyst estimates of $2.26 billion. During the same period in the previous year, the company earned $0.19 earnings per share. On average, equities analysts expect that Williams Companies, Inc. will post $1.01 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Monday, September 25th. Stockholders of record on Friday, September 8th will be issued a $0.30 dividend. The ex-dividend date of this dividend is Thursday, September 7th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.13%. Williams Companies, Inc. (The)’s dividend payout ratio (DPR) is 196.72%.

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WMB has been the subject of a number of research analyst reports. Scotiabank reaffirmed a “hold” rating and set a $30.00 price objective on shares of Williams Companies, Inc. (The) in a report on Thursday, April 27th. Wells Fargo & Company raised shares of Williams Companies, Inc. (The) from a “market perform” rating to an “outperform” rating in a report on Monday, May 8th. Zacks Investment Research downgraded shares of Williams Companies, Inc. (The) from a “buy” rating to a “hold” rating in a research note on Tuesday, July 18th. Sanford C. Bernstein initiated coverage on shares of Williams Companies, Inc. (The) in a research note on Tuesday, May 16th. They issued an “outperform” rating for the company. Finally, Jefferies Group LLC set a $34.00 price target on shares of Williams Companies, Inc. (The) and gave the stock a “buy” rating in a research note on Friday, June 16th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the stock. Williams Companies, Inc. (The) presently has a consensus rating of “Buy” and a consensus target price of $34.00.

In related news, Director Stephen W. Bergstrom acquired 17,750 shares of the stock in a transaction that occurred on Tuesday, June 20th. The stock was purchased at an average cost of $28.12 per share, for a total transaction of $499,130.00. Following the purchase, the director now directly owns 17,750 shares in the company, valued at $499,130. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Alan S. Armstrong purchased 15,000 shares of the firm’s stock in a transaction dated Thursday, June 15th. The stock was acquired at an average cost of $28.60 per share, with a total value of $429,000.00. Following the purchase, the chief executive officer now owns 345,527 shares of the company’s stock, valued at approximately $9,882,072.20. The disclosure for this purchase can be found here. Insiders bought a total of 37,750 shares of company stock valued at $1,076,480 over the last quarter. Company insiders own 0.53% 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.

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

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