GLG Partners LP cut its position in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 3.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 63,655 shares of the pipeline company’s stock after selling 2,412 shares during the quarter. GLG Partners LP’s holdings in Williams Companies, Inc. (The) were worth $1,927,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. JPMorgan Chase & Co. lifted its position in shares of Williams Companies, Inc. (The) by 19.5% during the 2nd quarter. JPMorgan Chase & Co. now owns 12,100,909 shares of the pipeline company’s stock valued at $366,414,000 after acquiring an additional 1,975,398 shares during the period. King Street Capital Management L.P. grew its holdings in Williams Companies, Inc. (The) by 33.3% in the first quarter. King Street Capital Management L.P. now owns 2,000,000 shares of the pipeline company’s stock worth $59,180,000 after purchasing an additional 500,000 shares during the period. Caisse DE Depot ET Placement DU Quebec grew its holdings in Williams Companies, Inc. (The) by 4.0% in the first quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,036,416 shares of the pipeline company’s stock worth $30,701,000 after purchasing an additional 39,520 shares during the period. Global X Management Co. LLC grew its holdings in Williams Companies, Inc. (The) by 117.3% in the first quarter. Global X Management Co. LLC now owns 670,038 shares of the pipeline company’s stock worth $19,826,000 after purchasing an additional 361,718 shares during the period. Finally, Columbus Hill Capital Management L.P. grew its holdings in Williams Companies, Inc. (The) by 47.0% in the first quarter. Columbus Hill Capital Management L.P. now owns 1,886,195 shares of the pipeline company’s stock worth $55,813,000 after purchasing an additional 602,873 shares during the period. Institutional investors own 84.71% of the company’s stock.

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In other Williams Companies, Inc. (The) news, VP Ted T. Timmermans sold 2,000 shares of Williams Companies, Inc. (The) stock in a transaction dated Tuesday, August 8th. The shares were sold at an average price of $30.66, for a total value of $61,320.00. Following the completion of the transaction, the vice president now directly owns 11,094 shares of the company’s stock, valued at $340,142.04. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Robyn L. Ewing sold 9,913 shares of Williams Companies, Inc. (The) stock in a transaction dated Wednesday, September 27th. The stock was sold at an average price of $29.99, for a total transaction of $297,290.87. Following the completion of the transaction, the insider now directly owns 27,090 shares of the company’s stock, valued at $812,429.10. The disclosure for this sale can be found here. In the last quarter, insiders sold 284,001 shares of company stock worth $8,608,319. 0.50% of the stock is currently owned by company insiders.

Williams Companies, Inc. (NYSE:WMB) traded down 0.37% during trading on Tuesday, reaching $29.94. 417,850 shares of the company’s stock were exchanged. Williams Companies, Inc. has a 12 month low of $27.35 and a 12 month high of $32.69. The stock has a market cap of $24.75 billion, a PE ratio of 47.22 and a beta of 1.38. The firm has a 50 day moving average of $29.88 and a 200-day moving average of $30.00.

Williams Companies, Inc. (The) (NYSE:WMB) last issued its quarterly earnings results on Wednesday, August 2nd. The pipeline company reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.19 by ($0.06). The company had revenue of $1.92 billion for the quarter, compared to the consensus estimate of $2.26 billion. Williams Companies, Inc. (The) had a net margin of 6.24% and a return on equity of 3.43%. During the same quarter in the previous year, the business earned $0.19 earnings per share. On average, equities research analysts anticipate that Williams Companies, Inc. will post $0.86 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Monday, September 25th. Investors of record on Friday, September 8th were paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 3.99%. The ex-dividend date was Thursday, September 7th. Williams Companies, Inc. (The)’s payout ratio is 196.72%.

A number of analysts recently commented on WMB shares. BidaskClub lowered Williams Companies, Inc. (The) from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, August 8th. Zacks Investment Research upgraded Williams Companies, Inc. (The) from a “hold” rating to a “buy” rating and set a $34.00 price target on the stock in a report on Thursday, July 13th. Sanford C. Bernstein reiterated an “outperform” rating on shares of Williams Companies, Inc. (The) in a report on Thursday, August 10th. Wolfe Research began coverage on Williams Companies, Inc. (The) in a research note on Monday, September 25th. They issued an “outperform” rating and a $34.00 price objective for the company. Finally, Barclays PLC raised Williams Companies, Inc. (The) from an “equal weight” rating to an “overweight” rating and raised their price objective for the company from $33.00 to $36.00 in a research note on Tuesday, July 18th. Four investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $34.15.

Williams Companies, Inc. (The) 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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