Williams Companies (WMB) Getting Somewhat Favorable News Coverage, Report Shows
News coverage about Williams Companies (NYSE:WMB) has been trending somewhat positive recently, according to Accern. The research firm rates the sentiment of press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Williams Companies earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave news articles about the pipeline company an impact score of 45.588959065149 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Here are some of the media stories that may have impacted Accern Sentiment’s analysis:
- WMB’s Dividends: Key Drivers (finance.yahoo.com)
- Clue to Identify In Play Stocks (Relative Volume): The Williams Companies Inc (NYSE: WMB) – Alpha Beta Stock (alphabetastock.com)
- Williams Companies (WMB) Scheduled to Post Earnings on Tuesday (americanbankingnews.com)
- Williams Companies (WMB) Cut to “Sell” at Zacks Investment Research (americanbankingnews.com)
Several research analysts recently commented on WMB shares. Jefferies Group reissued a “buy” rating and set a $37.00 price target on shares of Williams Companies in a research report on Friday, January 12th. Royal Bank of Canada reissued a “buy” rating and set a $36.00 price target on shares of Williams Companies in a research report on Monday, October 16th. Zacks Investment Research cut Williams Companies from a “hold” rating to a “sell” rating in a research report on Friday, January 26th. Scotiabank reissued a “hold” rating and set a $36.00 price target on shares of Williams Companies in a research report on Monday, January 29th. Finally, Morgan Stanley reduced their price target on Williams Companies from $34.00 to $33.00 and set an “overweight” rating for the company in a research report on Friday, November 17th. One analyst has rated the stock with a sell rating, four have issued a hold rating, ten have given a buy rating and one has issued a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $34.91.
In other Williams Companies news, CEO Alan S. Armstrong acquired 6,000 shares of the business’s stock in a transaction dated Wednesday, November 15th. The stock was bought at an average cost of $27.23 per share, with a total value of $163,380.00. Following the completion of the transaction, the chief executive officer now directly owns 345,527 shares in the company, valued at approximately $9,408,700.21. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider James E. Scheel sold 26,915 shares of the firm’s stock in a transaction that occurred on Thursday, January 11th. The shares were sold at an average price of $33.00, for a total value of $888,195.00. The disclosure for this sale can be found here. Company insiders own 0.50% of the company’s stock.
Williams Companies 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.
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