Williams Companies, Inc. (The) (NYSE:WMB – Get Free Report) SVP Terrance Lane Wilson sold 2,000 shares of Williams Companies stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $71.75, for a total transaction of $143,500.00. Following the completion of the sale, the senior vice president owned 289,159 shares of the company’s stock, valued at approximately $20,747,158.25. This trade represents a 0.69% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
Terrance Lane Wilson also recently made the following trade(s):
- On Monday, March 2nd, Terrance Lane Wilson sold 2,000 shares of Williams Companies stock. The shares were sold at an average price of $75.24, for a total transaction of $150,480.00.
- On Tuesday, February 24th, Terrance Lane Wilson sold 27,000 shares of Williams Companies stock. The stock was sold at an average price of $72.92, for a total transaction of $1,968,840.00.
- On Monday, February 2nd, Terrance Lane Wilson sold 2,000 shares of Williams Companies stock. The stock was sold at an average price of $66.39, for a total transaction of $132,780.00.
Williams Companies Stock Performance
Shares of Williams Companies stock opened at $72.03 on Friday. The company has a debt-to-equity ratio of 1.83, a quick ratio of 0.48 and a current ratio of 0.53. Williams Companies, Inc. has a 1 year low of $51.58 and a 1 year high of $76.87. The firm’s 50-day simple moving average is $71.70 and its 200-day simple moving average is $64.48. The firm has a market cap of $87.98 billion, a PE ratio of 33.66, a price-to-earnings-growth ratio of 1.24 and a beta of 0.63.
Williams Companies Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Monday, March 30th. Stockholders of record on Friday, March 13th were issued a $0.525 dividend. This is a positive change from Williams Companies’s previous quarterly dividend of $0.50. The ex-dividend date was Friday, March 13th. This represents a $2.10 dividend on an annualized basis and a dividend yield of 2.9%. Williams Companies’s dividend payout ratio (DPR) is presently 98.13%.
Institutional Inflows and Outflows
A number of institutional investors have recently added to or reduced their stakes in WMB. Mill Creek Capital Advisors LLC boosted its holdings in shares of Williams Companies by 2.4% during the fourth quarter. Mill Creek Capital Advisors LLC now owns 6,000 shares of the pipeline company’s stock valued at $361,000 after acquiring an additional 141 shares during the period. UMB Bank n.a. increased its holdings in shares of Williams Companies by 1.0% in the 4th quarter. UMB Bank n.a. now owns 15,309 shares of the pipeline company’s stock worth $920,000 after acquiring an additional 148 shares during the period. Parallel Advisors LLC increased its holdings in shares of Williams Companies by 1.2% in the 4th quarter. Parallel Advisors LLC now owns 12,646 shares of the pipeline company’s stock worth $760,000 after acquiring an additional 149 shares during the period. Great Diamond Partners LLC lifted its position in Williams Companies by 0.4% in the 4th quarter. Great Diamond Partners LLC now owns 34,870 shares of the pipeline company’s stock valued at $2,096,000 after purchasing an additional 150 shares during the last quarter. Finally, Betterment LLC boosted its stake in Williams Companies by 3.3% during the 4th quarter. Betterment LLC now owns 4,766 shares of the pipeline company’s stock valued at $286,000 after purchasing an additional 154 shares during the period. 86.44% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
Several brokerages recently issued reports on WMB. Zacks Research upgraded Williams Companies from a “strong sell” rating to a “hold” rating in a research note on Wednesday, February 4th. Citigroup increased their target price on shares of Williams Companies from $70.00 to $81.00 and gave the stock a “buy” rating in a report on Thursday, February 12th. Weiss Ratings restated a “buy (b)” rating on shares of Williams Companies in a research report on Friday, March 27th. Wells Fargo & Company lifted their price target on shares of Williams Companies from $80.00 to $89.00 and gave the company an “overweight” rating in a report on Friday, March 13th. Finally, Stifel Nicolaus boosted their price objective on shares of Williams Companies from $69.00 to $78.00 and gave the company a “buy” rating in a research report on Friday, February 13th. Three investment analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $77.07.
Get Our Latest Research Report on Williams Companies
Williams Companies Company Profile
Williams Companies, Inc (NYSE: WMB) is a U.S.-based energy infrastructure company focused on the midstream segment of the natural gas value chain. The company develops, owns and operates assets that gather, process, transport and store natural gas and natural gas liquids (NGLs). Its operations support the movement of gas from production areas to end users including utilities, power generators, industrial customers and export facilities.
Williams’s product and service offering includes interstate and intrastate pipeline transmission, gas-gathering systems, processing facilities that remove impurities and separate NGLs, storage services and fractionation and transportation of NGL products.
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