OxFORD Asset Management LLP lessened its holdings in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 17.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,101 shares of the pipeline company’s stock after selling 2,692 shares during the period. OxFORD Asset Management LLP’s holdings in Williams Companies, Inc. (The) were worth $397,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. King Street Capital Management L.P. grew its stake in Williams Companies, Inc. (The) by 81.5% during the 2nd quarter. King Street Capital Management L.P. now owns 3,630,000 shares of the pipeline company’s stock valued at $109,916,000 after acquiring an additional 1,630,000 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in Williams Companies, Inc. (The) by 26.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,848,766 shares of the pipeline company’s stock valued at $55,972,000 after acquiring an additional 386,579 shares in the last quarter. Renaissance Technologies LLC grew its stake in Williams Companies, Inc. (The) by 86.8% during the 2nd quarter. Renaissance Technologies LLC now owns 986,200 shares of the pipeline company’s stock valued at $29,862,000 after acquiring an additional 458,200 shares in the last quarter. Parametric Portfolio Associates LLC grew its stake in Williams Companies, Inc. (The) by 21.1% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 2,142,410 shares of the pipeline company’s stock valued at $64,872,000 after acquiring an additional 373,095 shares in the last quarter. Finally, Nordea Investment Management AB grew its stake in Williams Companies, Inc. (The) by 1.5% during the 2nd quarter. Nordea Investment Management AB now owns 40,300 shares of the pipeline company’s stock valued at $1,220,000 after acquiring an additional 584 shares in the last quarter. 84.67% of the stock is owned by institutional investors.

In related news, VP Ted T. Timmermans sold 2,000 shares of the company’s stock in a transaction on Tuesday, August 8th. The shares were 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Donald R. Chappel sold 272,088 shares of the company’s stock in a transaction on Tuesday, September 26th. The shares were 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 in the company, valued at $1,820,170.24. The disclosure for this sale can be found here. Over the last three months, insiders have sold 284,001 shares of company stock worth $8,608,319. Corporate insiders own 0.53% of the company’s stock.

Several analysts recently issued reports on the stock. Royal Bank Of Canada reaffirmed a “buy” rating and set a $36.00 price objective on shares of Williams Companies, Inc. (The) in a research note on Monday, October 16th. 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 price objective for the company. BidaskClub raised shares of Williams Companies, Inc. (The) from a “sell” rating to a “hold” rating in a research note on Friday, August 25th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Williams Companies, Inc. (The) in a research note on Thursday, August 10th. Finally, Zacks Investment Research cut shares of Williams Companies, Inc. (The) from a “buy” rating to a “hold” rating in a research note on Thursday, July 27th. Four investment analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the stock. Williams Companies, Inc. (The) has an average rating of “Buy” and an average target price of $34.00.

Williams Companies, Inc. (NYSE:WMB) opened at 29.33 on Friday. The firm has a market capitalization of $24.25 billion, a price-to-earnings ratio of 46.26 and a beta of 1.38. The firm has a 50-day moving average of $30.09 and a 200 day moving average of $30.10. Williams Companies, Inc. has a 12-month low of $27.35 and a 12-month high of $32.69.

Williams Companies, Inc. (The) (NYSE:WMB) last released 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 company had revenue of $1.92 billion during the quarter, compared to analysts’ expectations of $2.26 billion. During the same quarter in the previous year, the firm posted $0.19 earnings per share. On average, equities analysts predict that Williams Companies, Inc. will post $0.86 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Monday, September 25th. Stockholders of record on Friday, September 8th were given a dividend of $0.30 per share. 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 4.09%. Williams Companies, Inc. (The)’s payout ratio is currently 196.72%.

ILLEGAL ACTIVITY WARNING: “OxFORD Asset Management LLP Reduces Position in Williams Companies, Inc. (The) (WMB)” was reported by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this story on another website, it was illegally copied and reposted in violation of international trademark and copyright laws. The correct version of this story can be viewed at https://www.thecerbatgem.com/2017/10/21/oxford-asset-management-llp-reduces-position-in-williams-companies-inc-the-wmb.html.

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.

Want to see what other hedge funds are holding WMB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Williams Companies, Inc. (The) (NYSE:WMB).

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

Receive News & Stock Ratings for Williams Companies Inc. (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Williams Companies Inc. (The) and related stocks with our FREE daily email newsletter.