Williams Companies, Inc. (The) (WMB) Holdings Trimmed by Markston International LLC

Markston International LLC cut its holdings in Williams Companies, Inc. (The) (NYSE:WMB) by 4.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 94,591 shares of the pipeline company’s stock after selling 4,103 shares during the quarter. Markston International LLC’s holdings in Williams Companies, Inc. (The) were worth $2,839,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the company. Bedrijfstakpensioenfonds Voor DE Media PNO grew its position in shares of Williams Companies, Inc. (The) by 14.5% in the third quarter. Bedrijfstakpensioenfonds Voor DE Media PNO now owns 64,747 shares of the pipeline company’s stock valued at $1,943,000 after purchasing an additional 8,192 shares during the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund grew its position in shares of Williams Companies, Inc. (The) by 4.7% in the third quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 119,481 shares of the pipeline company’s stock valued at $3,586,000 after purchasing an additional 5,327 shares during the last quarter. Mengis Capital Management Inc. grew its position in shares of Williams Companies, Inc. (The) by 40.8% in the third quarter. Mengis Capital Management Inc. now owns 40,656 shares of the pipeline company’s stock valued at $1,220,000 after purchasing an additional 11,791 shares during the last quarter. Comerica Bank grew its position in shares of Williams Companies, Inc. (The) by 1.6% in the third quarter. Comerica Bank now owns 256,714 shares of the pipeline company’s stock valued at $7,327,000 after purchasing an additional 4,120 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its position in shares of Williams Companies, Inc. (The) by 1.1% in the third quarter. Bank of New York Mellon Corp now owns 7,272,237 shares of the pipeline company’s stock valued at $218,240,000 after purchasing an additional 75,803 shares during the last quarter. Institutional investors and hedge funds own 84.47% of the company’s stock.

WMB has been the topic of a number of analyst reports. BidaskClub upgraded shares of Williams Companies, Inc. (The) from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, August 1st. Zacks Investment Research lowered shares of Williams Companies, Inc. (The) from a “buy” rating to a “hold” rating in a research report on Thursday, July 27th. Scotiabank set a $30.00 target price on shares of Williams Companies, Inc. (The) and gave the stock a “hold” rating in a research report on Saturday, July 22nd. Barclays PLC upgraded shares of Williams Companies, Inc. (The) from an “equal weight” rating to an “overweight” rating and raised their target price for the stock from $33.00 to $36.00 in a research report on Tuesday, July 18th. Finally, Royal Bank Of Canada raised their target price on shares of Williams Companies, Inc. (The) from $34.00 to $36.00 and gave the stock an “outperform” rating in a research report on Friday, August 4th. Four analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $34.00.

Shares of Williams Companies, Inc. (WMB) traded down $0.51 during mid-day trading on Wednesday, reaching $27.72. 5,536,400 shares of the company’s stock traded hands, compared to its average volume of 6,477,500. The firm has a market cap of $23,339.06, a price-to-earnings ratio of 47.85, a P/E/G ratio of 3.02 and a beta of 1.38. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.91 and a current ratio of 0.97. Williams Companies, Inc. has a 52 week low of $27.65 and a 52 week high of $32.69.

Williams Companies, Inc. (The) (NYSE:WMB) last announced its quarterly earnings data on Wednesday, November 1st. The pipeline company reported $0.15 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.19 by ($0.04). The company had revenue of $1.89 billion for the quarter, compared to analyst estimates of $1.79 billion. Williams Companies, Inc. (The) had a return on equity of 3.23% and a net margin of 5.90%. Williams Companies, Inc. (The)’s revenue was down .7% on a year-over-year basis. During the same period in the prior year, the business earned $0.20 earnings per share. equities research analysts predict that Williams Companies, Inc. will post 0.72 earnings per share for the current fiscal year.

In other Williams Companies, Inc. (The) news, Director Stephen I. Chazen purchased 5,000 shares of the firm’s stock in a transaction dated Monday, August 21st. The stock was acquired at an average cost of $28.93 per share, with a total value of $144,650.00. Following the acquisition, the director now owns 10,000 shares of the company’s stock, valued at approximately $289,300. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Donald R. Chappel sold 272,088 shares of Williams Companies, Inc. (The) stock in a transaction dated Tuesday, September 26th. The shares were sold at an average price of $30.32, for a total transaction of $8,249,708.16. Following the completion of the transaction, the insider now directly owns 60,032 shares of the company’s stock, valued at $1,820,170.24. The disclosure for this sale can be found here. Over the last three months, insiders have sold 283,501 shares of company stock valued at $8,590,124. 0.50% of the stock is owned by company insiders.

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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.

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

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