Croft Leominster Inc. held its position in shares of Williams Companies, Inc. (The) (NYSE:WMB) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 202,680 shares of the pipeline company’s stock at the close of the second quarter. Williams Companies, Inc. (The) accounts for approximately 1.4% of Croft Leominster Inc.’s investment portfolio, making the stock its 26th biggest position. Croft Leominster Inc.’s holdings in Williams Companies, Inc. (The) were worth $5,997,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also added to or reduced their stakes in the company. Catawba Capital Management VA grew its stake in shares of Williams Companies, Inc. (The) by 0.6% in the second quarter. Catawba Capital Management VA now owns 7,035 shares of the pipeline company’s stock worth $213,000 after purchasing an additional 45 shares in the last quarter. Johnson Financial Group LLC boosted its stake in Williams Companies, Inc. (The) by 0.6% during the second quarter. Johnson Financial Group LLC now owns 7,068 shares of the pipeline company’s stock valued at $214,000 after buying an additional 45 shares in the last quarter. Sheaff Brock Investment Advisors LLC boosted its stake in Williams Companies, Inc. (The) by 0.7% during the second quarter. Sheaff Brock Investment Advisors LLC now owns 8,506 shares of the pipeline company’s stock valued at $258,000 after buying an additional 58 shares in the last quarter. Financial Architects Inc boosted its stake in Williams Companies, Inc. (The) by 1.6% during the second quarter. Financial Architects Inc now owns 6,754 shares of the pipeline company’s stock valued at $204,000 after buying an additional 109 shares in the last quarter. Finally, Wsfs Capital Management LLC boosted its stake in Williams Companies, Inc. (The) by 1.1% during the second quarter. Wsfs Capital Management LLC now owns 12,664 shares of the pipeline company’s stock valued at $383,000 after buying an additional 133 shares in the last quarter. 84.69% of the stock is owned by institutional investors.

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Shares of Williams Companies, Inc. (NYSE WMB) traded up 0.13% during midday trading on Wednesday, hitting $30.07. The stock had a trading volume of 1,053,065 shares. Williams Companies, Inc. has a one year low of $27.35 and a one year high of $32.69. The firm’s 50-day moving average price is $29.99 and its 200-day moving average price is $30.07. The firm has a market capitalization of $24.86 billion, a PE ratio of 49.30 and a beta of 1.38.

Williams Companies, Inc. (The) (NYSE:WMB) last posted its earnings results on Wednesday, August 2nd. The pipeline company reported $0.13 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 firm posted $0.19 earnings per share. On average, equities analysts predict that Williams Companies, Inc. will post $0.84 EPS for the current year.

The company also recently declared a quarterly dividend, which was paid on Monday, September 25th. Stockholders of record on Friday, September 8th were issued a $0.30 dividend. The ex-dividend date of this dividend was Thursday, September 7th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.00%. Williams Companies, Inc. (The)’s dividend payout ratio (DPR) is 196.72%.

Several brokerages recently weighed in on WMB. BidaskClub cut 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 raised their target price on Williams Companies, Inc. (The) from $34.00 to $36.00 and gave the company an “outperform” rating in a research note on Friday, August 4th. Zacks Investment Research cut Williams Companies, Inc. (The) from a “buy” rating to a “hold” rating in a research note on Thursday, July 27th. Finally, BMO Capital Markets set a $32.00 target price on Williams Companies, Inc. (The) and gave the company a “buy” rating in a research note on Thursday, June 15th. Four investment analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $34.00.

In other news, insider Robyn L. Ewing sold 9,913 shares of the business’s stock in a transaction dated Wednesday, September 27th. The stock was sold at an average price of $29.99, for a total value of $297,290.87. Following the sale, the insider now directly owns 27,090 shares in the company, valued at $812,429.10. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Donald R. Chappel sold 272,088 shares of the business’s stock in a transaction dated Tuesday, September 26th. The shares were sold at an average price of $30.32, for a total value of $8,249,708.16. Following the completion of the sale, the insider now owns 60,032 shares in the company, valued at $1,820,170.24. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 284,001 shares of company stock worth $8,608,319. Corporate insiders own 0.50% of the company’s stock.

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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