Yousif Capital Management LLC Trims Holdings in The Williams Companies, Inc. (NYSE:WMB)

Yousif Capital Management LLC lessened its holdings in shares of The Williams Companies, Inc. (NYSE:WMB) by 7.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 188,618 shares of the pipeline company’s stock after selling 14,695 shares during the period. Yousif Capital Management LLC’s holdings in Williams Companies were worth $6,570,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. SG Americas Securities LLC boosted its position in Williams Companies by 120.8% during the 3rd quarter. SG Americas Securities LLC now owns 26,424 shares of the pipeline company’s stock valued at $890,000 after acquiring an additional 153,630 shares in the last quarter. Caprock Group LLC boosted its position in Williams Companies by 27.2% during the 3rd quarter. Caprock Group LLC now owns 9,970 shares of the pipeline company’s stock valued at $336,000 after acquiring an additional 2,129 shares in the last quarter. Oak Thistle LLC bought a new stake in Williams Companies during the 3rd quarter valued at approximately $1,096,000. Czech National Bank boosted its position in Williams Companies by 47.4% during the 3rd quarter. Czech National Bank now owns 212,605 shares of the pipeline company’s stock valued at $7,163,000 after acquiring an additional 68,396 shares in the last quarter. Finally, Asset Management One Co. Ltd. boosted its position in Williams Companies by 0.5% during the 3rd quarter. Asset Management One Co. Ltd. now owns 560,197 shares of the pipeline company’s stock valued at $18,873,000 after acquiring an additional 3,059 shares in the last quarter. Hedge funds and other institutional investors own 86.44% of the company’s stock.

Williams Companies Price Performance

Shares of WMB opened at $39.45 on Friday. The firm has a market cap of $48.07 billion, a PE ratio of 15.06, a P/E/G ratio of 6.14 and a beta of 1.05. The company has a current ratio of 0.77, a quick ratio of 0.73 and a debt-to-equity ratio of 1.57. The firm has a fifty day simple moving average of $37.35 and a two-hundred day simple moving average of $35.85. The Williams Companies, Inc. has a 1-year low of $28.27 and a 1-year high of $39.76.

Williams Companies (NYSE:WMB) last announced its earnings results on Wednesday, February 14th. The pipeline company reported $0.48 earnings per share for the quarter, beating analysts’ consensus estimates of $0.47 by $0.01. Williams Companies had a net margin of 29.22% and a return on equity of 16.20%. During the same quarter last year, the firm posted $0.53 earnings per share. On average, equities analysts anticipate that The Williams Companies, Inc. will post 1.83 EPS for the current year.

Williams Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 15th were paid a $0.475 dividend. This represents a $1.90 annualized dividend and a dividend yield of 4.82%. Williams Companies’s dividend payout ratio (DPR) is 72.52%.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the company. Wolfe Research reaffirmed an “underperform” rating and set a $34.00 price objective on shares of Williams Companies in a research report on Thursday, April 18th. Barclays boosted their price target on Williams Companies from $37.00 to $38.00 and gave the stock an “equal weight” rating in a research report on Thursday, April 11th. Truist Financial boosted their price target on Williams Companies from $35.00 to $40.00 and gave the stock a “hold” rating in a research report on Monday, March 25th. Finally, UBS Group boosted their price target on Williams Companies from $43.00 to $47.00 and gave the stock a “buy” rating in a research report on Friday, April 12th. One analyst has rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $39.22.

Williams Companies Profile

The Williams Companies, Inc, together with its subsidiaries, operates as an energy infrastructure company primarily in the United States. It operates through Transmission & Gulf of Mexico, Northeast G&P, West, and Gas & NGL Marketing Services segments. The Transmission & Gulf of Mexico segment comprises natural gas pipelines; Transco, Northwest pipeline, MountainWest, and related natural gas storage facilities; and natural gas gathering and processing, and crude oil production handling and transportation assets in the Gulf Coast region.