Ninepoint Partners LP acquired a new position in shares of Williams Companies, Inc. (The) (NYSE:WMB) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 21,400 shares of the pipeline company’s stock, valued at approximately $642,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Duff & Phelps Investment Management Co. boosted its stake in Williams Companies, Inc. (The) by 4.6% during the third quarter. Duff & Phelps Investment Management Co. now owns 1,161,934 shares of the pipeline company’s stock worth $34,870,000 after buying an additional 51,325 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of Williams Companies, Inc. (The) by 19.5% during the second quarter. JPMorgan Chase & Co. now owns 12,100,909 shares of the pipeline company’s stock valued at $366,414,000 after purchasing an additional 1,975,398 shares during the period. Renaissance Technologies LLC boosted its stake in shares of Williams Companies, Inc. (The) by 86.8% during the second quarter. Renaissance Technologies LLC now owns 986,200 shares of the pipeline company’s stock valued at $29,862,000 after purchasing an additional 458,200 shares during the period. Federated Investors Inc. PA boosted its stake in shares of Williams Companies, Inc. (The) by 53.6% during the second quarter. Federated Investors Inc. PA now owns 64,033 shares of the pipeline company’s stock valued at $1,939,000 after purchasing an additional 22,333 shares during the period. Finally, Cetera Investment Advisers purchased a new stake in shares of Williams Companies, Inc. (The) during the second quarter valued at $286,000. 84.47% of the stock is owned by institutional investors.

In related news, insider Donald R. Chappel sold 272,088 shares of the company’s stock in a transaction that occurred on Tuesday, September 26th. The stock was sold at an average price of $30.32, for a total value of $8,249,708.16. Following the sale, the insider now owns 60,032 shares in the company, valued at $1,820,170.24. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Stephen I. Chazen bought 5,000 shares of the company’s stock in a transaction that occurred on Monday, August 21st. The stock was purchased at an average price of $28.93 per share, for a total transaction of $144,650.00. Following the transaction, the director now owns 10,000 shares of the company’s stock, valued at $289,300. The disclosure for this purchase can be found here. In the last quarter, insiders sold 283,501 shares of company stock worth $8,590,124. 0.53% of the stock is owned by insiders.

Several research firms recently weighed in on WMB. Morgan Stanley decreased their price objective on Williams Companies, Inc. (The) from $34.00 to $33.00 and set an “overweight” rating for the company in a report on Friday. Sanford C. Bernstein restated an “outperform” rating on shares of Williams Companies, Inc. (The) in a report on Thursday, August 10th. BidaskClub downgraded Williams Companies, Inc. (The) from a “strong-buy” rating to a “buy” rating in a report on Tuesday, August 8th. Royal Bank Of Canada lifted their price objective on Williams Companies, Inc. (The) from $34.00 to $36.00 and gave the company an “outperform” rating in a report on Friday, August 4th. Finally, Zacks Investment Research downgraded Williams Companies, Inc. (The) from a “buy” rating to a “hold” rating in a report on Thursday, July 27th. Four research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $33.83.

Williams Companies, Inc. (WMB) traded down $0.48 on Friday, hitting $27.02. 4,871,600 shares of the stock traded hands, compared to its average volume of 6,461,206. Williams Companies, Inc. has a 12-month low of $26.98 and a 12-month high of $32.69. The company has a current ratio of 0.97, a quick ratio of 0.91 and a debt-to-equity ratio of 1.38. The firm has a market capitalization of $22,460.00, a P/E ratio of 46.61, a P/E/G ratio of 2.94 and a beta of 1.38.

Williams Companies, Inc. (The) (NYSE:WMB) last posted its quarterly earnings data on Wednesday, November 1st. The pipeline company reported $0.15 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.19 by ($0.04). Williams Companies, Inc. (The) had a net margin of 5.90% and a return on equity of 3.23%. The company had revenue of $1.89 billion for the quarter, compared to analyst estimates of $1.79 billion. During the same quarter last year, the company earned $0.20 EPS. The business’s revenue was down .7% compared to the same quarter last year. research analysts expect that Williams Companies, Inc. will post 0.72 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 26th. Stockholders of record on Friday, December 8th will be issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 4.44%. Williams Companies, Inc. (The)’s dividend payout ratio (DPR) is currently 210.53%.

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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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