PointState Capital LP boosted its stake in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 61.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,867,500 shares of the pipeline company’s stock after buying an additional 1,473,300 shares during the quarter. Williams Companies, Inc. (The) accounts for about 1.3% of PointState Capital LP’s holdings, making the stock its 26th biggest holding. PointState Capital LP owned approximately 0.47% of Williams Companies, Inc. (The) worth $117,108,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in the business. BlueCrest Capital Management Ltd purchased a new position in Williams Companies, Inc. (The) during the second quarter worth about $1,005,000. State Street Corp boosted its stake in Williams Companies, Inc. (The) by 0.4% during the second quarter. State Street Corp now owns 42,452,276 shares of the pipeline company’s stock worth $1,285,450,000 after buying an additional 162,568 shares during the period. Gotham Asset Management LLC boosted its stake in Williams Companies, Inc. (The) by 22.6% during the second quarter. Gotham Asset Management LLC now owns 713,874 shares of the pipeline company’s stock worth $21,616,000 after buying an additional 131,408 shares during the period. Janus Henderson Group PLC boosted its stake in Williams Companies, Inc. (The) by 4,652.7% during the second quarter. Janus Henderson Group PLC now owns 4,822,264 shares of the pipeline company’s stock worth $146,019,000 after buying an additional 4,720,801 shares during the period. Finally, Shelton Capital Management purchased a new position in Williams Companies, Inc. (The) during the second quarter worth about $206,000. 84.71% of the stock is owned by institutional investors.

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Several research analysts have weighed in on the stock. BidaskClub lowered shares of Williams Companies, Inc. (The) from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, August 8th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Williams Companies, Inc. (The) in a research note on Thursday, August 10th. Royal Bank Of Canada increased their target price on shares of Williams Companies, Inc. (The) from $34.00 to $36.00 and gave the stock an “outperform” rating in a research note on Friday, August 4th. Zacks Investment Research lowered shares of Williams Companies, Inc. (The) from a “buy” rating to a “hold” rating in a research note on Thursday, July 27th. Finally, Wolfe Research assumed coverage on shares of Williams Companies, Inc. (The) in a research note on Monday, September 25th. They set an “outperform” rating and a $34.00 target price for the company. Four 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. Williams Companies, Inc. (The) has an average rating of “Buy” and a consensus target price of $34.00.

Williams Companies, Inc. (NYSE:WMB) traded down 1.02% on Friday, hitting $30.03. 1,123,213 shares of the stock traded hands. The stock has a market cap of $24.82 billion, a price-to-earnings ratio of 47.37 and a beta of 1.38. Williams Companies, Inc. has a 12-month low of $27.35 and a 12-month high of $32.69. The firm’s 50-day moving average price is $29.90 and its 200-day moving average price is $30.02.

Williams Companies, Inc. (The) (NYSE:WMB) last issued 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 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 analysts’ expectations of $2.26 billion. During the same quarter in the previous year, the firm posted $0.19 EPS. On average, equities research analysts anticipate that Williams Companies, Inc. will post $0.84 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Monday, September 25th. Stockholders of record on Friday, September 8th were issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.96%. The ex-dividend date was Thursday, September 7th. Williams Companies, Inc. (The)’s payout ratio is currently 196.72%.

In other news, VP Ted T. Timmermans sold 2,000 shares of the business’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 owns 11,094 shares in the company, valued at approximately $340,142.04. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Stephen I. Chazen bought 5,000 shares of the firm’s stock in a transaction dated Monday, August 21st. The shares were purchased at an average price of $28.93 per share, with a total value of $144,650.00. Following the acquisition, the director now directly owns 10,000 shares in the company, valued at approximately $289,300. The disclosure for this purchase can be found here. Insiders have sold a total of 284,001 shares of company stock valued at $8,608,319 in 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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