Aspen Investment Management Inc grew its position in Williams Companies, Inc. (The) (NYSE:WMB) by 4.7% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 14,743 shares of the pipeline company’s stock after buying an additional 660 shares during the period. Aspen Investment Management Inc’s holdings in Williams Companies, Inc. (The) were worth $446,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in WMB. Massey Quick & Co. LLC bought a new stake in shares of Williams Companies, Inc. (The) in the 1st quarter valued at about $121,000. Bronfman E.L. Rothschild L.P. boosted its holdings in shares of Williams Companies, Inc. (The) by 78.6% in the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 4,537 shares of the pipeline company’s stock valued at $137,000 after buying an additional 1,997 shares in the last quarter. Parallel Advisors LLC boosted its holdings in shares of Williams Companies, Inc. (The) by 124.1% in the 1st 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 in the last quarter. CWM LLC boosted its holdings in shares of Williams Companies, Inc. (The) by 300.7% in the 2nd 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 in the last quarter. Finally, SeaBridge Investment Advisors LLC boosted its holdings in shares of Williams Companies, Inc. (The) by 41.6% in the 2nd quarter. SeaBridge Investment Advisors LLC now owns 5,210 shares of the pipeline company’s stock valued at $158,000 after buying an additional 1,530 shares in the last quarter. Institutional investors and hedge funds own 84.69% of the company’s stock.

In related news, insider Donald R. Chappel sold 272,088 shares of the stock in a transaction on Tuesday, September 26th. The stock was sold at an average price of $30.32, for a total transaction of $8,249,708.16. Following the completion of the sale, the insider now directly owns 60,032 shares of the company’s stock, valued at $1,820,170.24. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, VP Ted T. Timmermans sold 2,000 shares of the stock in a transaction on Tuesday, August 8th. The stock was sold at an average price of $30.66, for a total value of $61,320.00. Following 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. Insiders sold 284,001 shares of company stock valued at $8,608,319 over the last three months. Corporate insiders own 0.50% of the company’s stock.

Williams Companies, Inc. (WMB) traded up 0.20% during trading on Monday, reaching $30.17. 861,963 shares of the company’s stock were exchanged. The stock has a market capitalization of $24.94 billion, a PE ratio of 47.59 and a beta of 1.38. Williams Companies, Inc. has a 52 week low of $27.35 and a 52 week high of $32.69. The stock has a 50-day moving average of $29.93 and a 200-day moving average of $30.03.

Williams Companies, Inc. (The) (NYSE:WMB) last posted its quarterly earnings data on Wednesday, August 2nd. The pipeline company reported $0.13 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.19 by ($0.06). The firm had revenue of $1.92 billion during the quarter, compared to analyst estimates 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 period in the previous year, the company posted $0.19 earnings per share. On average, equities research analysts anticipate that Williams Companies, Inc. will post $0.84 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 25th. Stockholders of record on Friday, September 8th were issued a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 3.98%. The ex-dividend date was Thursday, September 7th. Williams Companies, Inc. (The)’s payout ratio is currently 196.72%.

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

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About Williams Companies, Inc. (The)

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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