Profund Advisors LLC decreased its stake in Williams Companies, Inc. (The) (NYSE:WMB) by 11.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 68,090 shares of the pipeline company’s stock after selling 8,671 shares during the period. Profund Advisors LLC’s holdings in Williams Companies, Inc. (The) were worth $2,062,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. BlackRock Inc. grew its holdings in shares of Williams Companies, Inc. (The) by 2,942.5% during the 1st quarter. BlackRock Inc. now owns 59,022,046 shares of the pipeline company’s stock valued at $1,746,463,000 after purchasing an additional 57,082,116 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of Williams Companies, Inc. (The) by 21.7% during the 1st quarter. Vanguard Group Inc. now owns 61,390,821 shares of the pipeline company’s stock valued at $1,816,554,000 after purchasing an additional 10,933,027 shares during the last quarter. Clearbridge Investments LLC grew its holdings in shares of Williams Companies, Inc. (The) by 38,673.4% during the 1st quarter. Clearbridge Investments LLC now owns 7,754,674 shares of the pipeline company’s stock valued at $229,461,000 after purchasing an additional 7,734,674 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Williams Companies, Inc. (The) by 273.9% during the 1st quarter. JPMorgan Chase & Co. now owns 10,125,511 shares of the pipeline company’s stock valued at $299,614,000 after purchasing an additional 7,417,774 shares during the last quarter. Finally, Janus Capital Management LLC grew its holdings in shares of Williams Companies, Inc. (The) by 341.1% during the 1st quarter. Janus Capital Management LLC now owns 7,007,756 shares of the pipeline company’s stock valued at $207,359,000 after purchasing an additional 5,418,945 shares during the last quarter. 84.70% of the stock is currently owned by hedge funds and other institutional investors.

Several equities analysts recently commented on WMB shares. Zacks Investment Research raised shares of Williams Companies, Inc. (The) from a “hold” rating to a “buy” rating and set a $35.00 target price on the stock in a report on Monday, July 24th. Jefferies Group LLC set a $34.00 target price on shares of Williams Companies, Inc. (The) and gave the company a “buy” rating in a report on Friday, June 16th. BMO Capital Markets set a $32.00 target price on shares of Williams Companies, Inc. (The) and gave the company a “buy” rating in a report on Thursday, June 15th. Royal Bank Of Canada reaffirmed a “buy” rating and set a $34.00 target price on shares of Williams Companies, Inc. (The) in a report on Tuesday, June 6th. Finally, BidaskClub raised shares of Williams Companies, Inc. (The) from a “hold” rating to a “buy” rating in a report on Thursday, July 6th. Five research analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company’s stock. Williams Companies, Inc. (The) currently has an average rating of “Buy” and a consensus target price of $34.00.

Shares of Williams Companies, Inc. (NYSE WMB) traded up 0.23% during midday trading on Monday, reaching $30.37. 176,546 shares of the company’s stock traded hands. The company has a 50-day moving average of $30.14 and a 200-day moving average of $29.88. Williams Companies, Inc. has a one year low of $27.35 and a one year high of $32.69. The company has a market capitalization of $25.11 billion, a price-to-earnings ratio of 47.90 and a beta of 1.39.

Williams Companies, Inc. (The) (NYSE:WMB) last posted its quarterly earnings results on Wednesday, August 2nd. The pipeline company reported $0.13 EPS for the quarter, missing the Zacks’ consensus estimate of $0.19 by ($0.06). The company had revenue of $1.92 billion during the quarter, compared to the consensus estimate of $2.26 billion. Williams Companies, Inc. (The) had a return on equity of 3.43% and a net margin of 6.24%. During the same quarter in the previous year, the company posted $0.19 earnings per share. Equities research analysts anticipate that Williams Companies, Inc. will post $0.85 EPS for the current year.

The business 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. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.96%. The ex-dividend date is Thursday, September 7th. Williams Companies, Inc. (The)’s payout ratio is presently 196.72%.

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In other Williams Companies, Inc. (The) news, Director Stephen I. Chazen acquired 5,000 shares of the stock in a transaction that occurred on Monday, August 21st. The stock was bought at an average cost of $28.93 per share, with a total value of $144,650.00. Following the completion of the purchase, the director now directly owns 10,000 shares in the company, valued at $289,300. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Ted T. Timmermans sold 2,000 shares of the company’s stock in a transaction dated Tuesday, August 8th. The stock was sold at an average price of $30.66, for a total transaction of $61,320.00. Following the completion of the sale, the vice president now directly owns 11,094 shares of the company’s stock, valued at $340,142.04. The disclosure for this sale can be found here. Corporate 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.

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

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