Williams Companies, Inc. (The) (WMB) Shares Bought by Federated Investors Inc. PA

Federated Investors Inc. PA grew its stake in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 53.6% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 64,033 shares of the pipeline company’s stock after buying an additional 22,333 shares during the quarter. Federated Investors Inc. PA’s holdings in Williams Companies, Inc. (The) were worth $1,939,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Vanguard Group Inc. grew its stake in shares of Williams Companies, Inc. (The) by 21.7% during the first quarter. Vanguard Group Inc. now owns 61,390,821 shares of the pipeline company’s stock worth $1,816,554,000 after buying an additional 10,933,027 shares during the last quarter. BlackRock Inc. grew its stake in shares of Williams Companies, Inc. (The) by 2,942.5% during the first quarter. BlackRock Inc. now owns 59,022,046 shares of the pipeline company’s stock worth $1,746,463,000 after buying an additional 57,082,116 shares during the last quarter. State Street Corp grew its stake in shares of Williams Companies, Inc. (The) by 9.2% during the first quarter. State Street Corp now owns 42,289,708 shares of the pipeline company’s stock worth $1,251,350,000 after buying an additional 3,565,627 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of Williams Companies, Inc. (The) by 273.9% during the first quarter. JPMorgan Chase & Co. now owns 10,125,511 shares of the pipeline company’s stock worth $299,614,000 after buying an additional 7,417,774 shares during the last quarter. Finally, Chickasaw Capital Management LLC grew its stake in shares of Williams Companies, Inc. (The) by 0.4% during the second quarter. Chickasaw Capital Management LLC now owns 9,303,863 shares of the pipeline company’s stock worth $281,721,000 after buying an additional 38,868 shares during the last quarter. 84.65% of the stock is currently owned by hedge funds and other institutional investors.

Williams Companies, Inc. (NYSE:WMB) opened at 30.30 on Friday. The stock’s 50 day moving average is $30.14 and its 200-day moving average is $29.88. Williams Companies, Inc. has a 52-week low of $27.35 and a 52-week high of $32.69. The company has a market capitalization of $25.05 billion, a P/E ratio of 47.79 and a beta of 1.39.

Williams Companies, Inc. (The) (NYSE:WMB) last announced its quarterly earnings results on Wednesday, August 2nd. The pipeline company reported $0.13 EPS for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.06). Williams Companies, Inc. (The) had a return on equity of 3.43% and a net margin of 6.24%. The company had revenue of $1.92 billion during the quarter, compared to the consensus estimate of $2.26 billion. During the same quarter in the prior year, the firm earned $0.19 earnings per share. Analysts predict that Williams Companies, Inc. will post $0.85 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Monday, September 25th. Stockholders of record on Friday, September 8th will be paid a $0.30 dividend. The ex-dividend date is Thursday, September 7th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.96%. Williams Companies, Inc. (The)’s dividend payout ratio is presently 196.72%.

In other Williams Companies, Inc. (The) news, Director Stephen I. Chazen bought 5,000 shares of the business’s stock in a transaction that occurred on Monday, August 21st. The stock was bought at an average cost of $28.93 per share, for a total transaction of $144,650.00. Following the completion of the transaction, the director now owns 10,000 shares of the company’s stock, valued at approximately $289,300. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Ted T. Timmermans sold 2,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 8th. The shares were sold at an average price of $30.66, for a total transaction of $61,320.00. Following the sale, the vice president now owns 11,094 shares of the company’s stock, valued at $340,142.04. The disclosure for this sale can be found here. Insiders own 0.53% of the company’s stock.

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A number of equities analysts have recently commented on WMB shares. Royal Bank Of Canada reiterated a “buy” rating and set a $34.00 price target on shares of Williams Companies, Inc. (The) in a report on Tuesday, June 6th. BMO Capital Markets set a $32.00 target price on shares of Williams Companies, Inc. (The) and gave the company a “buy” rating in a report on Thursday, June 15th. Jefferies Group LLC set a $34.00 target price on shares of Williams Companies, Inc. (The) and gave the company a “buy” rating in a report on Friday, June 16th. BidaskClub upgraded shares of Williams Companies, Inc. (The) from a “sell” rating to a “hold” rating in a report on Tuesday, June 27th. Finally, Zacks Investment Research upgraded shares of Williams Companies, Inc. (The) from a “hold” rating to a “buy” rating and set a $34.00 target price on the stock in a report on Thursday, July 13th. Five investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of “Buy” and an average price target of $34.00.

Williams Companies, Inc. (The) 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.

Institutional Ownership by Quarter for Williams Companies, Inc. (The) (NYSE:WMB)

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