Canal Insurance CO lifted its position in Williams Companies Inc (NYSE:WMB) by 39.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 140,300 shares of the pipeline company’s stock after purchasing an additional 40,000 shares during the quarter. Canal Insurance CO’s holdings in Williams Companies were worth $3,094,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the company. Capital Investment Advisors LLC grew its position in Williams Companies by 0.7% in the fourth quarter. Capital Investment Advisors LLC now owns 67,825 shares of the pipeline company’s stock worth $1,496,000 after acquiring an additional 484 shares in the last quarter. UMB Bank N A MO grew its position in Williams Companies by 1.2% in the fourth quarter. UMB Bank N A MO now owns 44,287 shares of the pipeline company’s stock worth $977,000 after acquiring an additional 509 shares in the last quarter. Quadrant Capital Group LLC grew its position in Williams Companies by 11.5% in the fourth quarter. Quadrant Capital Group LLC now owns 5,026 shares of the pipeline company’s stock worth $101,000 after acquiring an additional 519 shares in the last quarter. TCI Wealth Advisors Inc. grew its position in Williams Companies by 29.5% in the fourth quarter. TCI Wealth Advisors Inc. now owns 2,477 shares of the pipeline company’s stock worth $55,000 after acquiring an additional 564 shares in the last quarter. Finally, First Interstate Bank grew its position in Williams Companies by 15.3% in the fourth quarter. First Interstate Bank now owns 4,979 shares of the pipeline company’s stock worth $110,000 after acquiring an additional 661 shares in the last quarter. 87.15% of the stock is currently owned by hedge funds and other institutional investors.

Several analysts have issued reports on the stock. Seaport Global Securities assumed coverage on shares of Williams Companies in a research report on Friday, October 19th. They set a “buy” rating and a $31.00 price target for the company. US Capital Advisors upgraded shares of Williams Companies from a “hold” rating to an “overweight” rating in a research report on Wednesday, October 17th. Evercore ISI assumed coverage on shares of Williams Companies in a research report on Tuesday, February 5th. They set an “outperform” rating for the company. Bank of America cut their price target on shares of Williams Companies from $38.00 to $33.00 and set a “buy” rating for the company in a research report on Friday, November 2nd. Finally, Zacks Investment Research lowered shares of Williams Companies from a “buy” rating to a “hold” rating in a research report on Saturday, January 26th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and sixteen have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $32.27.

Shares of NYSE WMB opened at $26.88 on Monday. Williams Companies Inc has a fifty-two week low of $20.36 and a fifty-two week high of $32.22. The company has a market cap of $32.54 billion, a price-to-earnings ratio of 42.67, a price-to-earnings-growth ratio of 4.39 and a beta of 1.71. The company has a quick ratio of 0.66, a current ratio of 0.72 and a debt-to-equity ratio of 1.27.

In other Williams Companies news, Director Kathleen B. Cooper sold 9,760 shares of the firm’s stock in a transaction that occurred on Thursday, November 29th. The shares were sold at an average price of $25.60, for a total transaction of $249,856.00. Following the completion of the transaction, the director now owns 41,887 shares of the company’s stock, valued at $1,072,307.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.50% of the stock is currently owned by company insiders.

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Williams Companies Company Profile

The Williams Companies, Inc operates as an energy infrastructure company primarily in the United States. It owns and operates natural gas pipeline system extending from Texas, Louisiana, Mississippi, and the Gulf of Mexico through Alabama, Georgia, South Carolina, North Carolina, Virginia, Maryland, Delaware, Pennsylvania, and New Jersey to the New York City metropolitan area.

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Institutional Ownership by Quarter for Williams Companies (NYSE:WMB)

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