Los Angeles Capital Management & Equity Research Inc. Has $5.13 Million Position in Williams Companies, Inc. (The) (WMB)

Los Angeles Capital Management & Equity Research Inc. boosted its position in Williams Companies, Inc. (The) (NYSE:WMB) by 11.9% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 170,861 shares of the pipeline company’s stock after purchasing an additional 18,220 shares during the quarter. Los Angeles Capital Management & Equity Research Inc.’s holdings in Williams Companies, Inc. (The) were worth $5,128,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of WMB. Wellington Management Group LLP acquired a new position in shares of Williams Companies, Inc. (The) during the 1st quarter valued at about $713,000. State of Alaska Department of Revenue acquired a new position in shares of Williams Companies, Inc. (The) during the 2nd quarter valued at about $185,000. LS Investment Advisors LLC increased its stake in shares of Williams Companies, Inc. (The) by 2.8% during the 2nd quarter. LS Investment Advisors LLC now owns 24,253 shares of the pipeline company’s stock valued at $734,000 after acquiring an additional 663 shares during the last quarter. Aperio Group LLC increased its stake in shares of Williams Companies, Inc. (The) by 16.0% during the 2nd quarter. Aperio Group LLC now owns 339,965 shares of the pipeline company’s stock valued at $10,294,000 after acquiring an additional 47,013 shares during the last quarter. Finally, Wright Investors Service Inc. increased its stake in shares of Williams Companies, Inc. (The) by 6.0% during the 2nd quarter. Wright Investors Service Inc. now owns 15,185 shares of the pipeline company’s stock valued at $460,000 after acquiring an additional 865 shares during the last quarter. 82.04% of the stock is owned by institutional investors.

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In other news, VP Ted T. Timmermans sold 1,500 shares of the stock in a transaction that occurred on Monday, November 6th. The stock was sold at an average price of $28.75, for a total transaction of $43,125.00. Following the completion of the transaction, the vice president now directly owns 9,594 shares in the company, valued at approximately $275,827.50. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Alan S. Armstrong bought 6,000 shares of Williams Companies, Inc. (The) stock in a transaction dated Wednesday, November 15th. The shares were acquired at an average price of $27.23 per share, with a total value of $163,380.00. Following the completion of the purchase, the chief executive officer now owns 345,527 shares in the company, valued at approximately $9,408,700.21. The disclosure for this purchase can be found here. In the last 90 days, insiders sold 283,501 shares of company stock valued at $8,590,124. 0.50% of the stock is owned by company insiders.

Williams Companies, Inc. (NYSE:WMB) opened at $27.32 on Tuesday. The firm has a market capitalization of $22,590.00, a P/E ratio of 46.20, a price-to-earnings-growth ratio of 2.91 and a beta of 1.38. Williams Companies, Inc. has a fifty-two week low of $26.82 and a fifty-two week high of $32.69. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.97 and a quick ratio of 0.91.

Williams Companies, Inc. (The) (NYSE:WMB) last released its quarterly earnings results on Wednesday, November 1st. The pipeline company reported $0.15 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.19 by ($0.04). The company had revenue of $1.89 billion during the quarter, compared to analysts’ expectations of $1.79 billion. Williams Companies, Inc. (The) had a return on equity of 3.23% and a net margin of 5.90%. The firm’s revenue was down .7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.20 EPS. equities analysts forecast that Williams Companies, Inc. will post 0.72 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 26th. Shareholders of record on Friday, December 8th will be issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 4.39%. The ex-dividend date is Thursday, December 7th. Williams Companies, Inc. (The)’s dividend payout ratio is presently 210.53%.

A number of research firms have recently commented on WMB. BidaskClub downgraded shares of Williams Companies, Inc. (The) from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, August 8th. Sanford C. Bernstein reissued an “outperform” rating on shares of Williams Companies, Inc. (The) in a research report on Thursday, August 10th. Wolfe Research began coverage on shares of Williams Companies, Inc. (The) in a research report on Monday, September 25th. They set an “outperform” rating and a $34.00 target price for the company. Morgan Stanley dropped their target price on shares of Williams Companies, Inc. (The) from $34.00 to $33.00 and set an “overweight” rating for the company in a research report on Friday. Finally, Royal Bank Of Canada reissued a “buy” rating and set a $36.00 target price on shares of Williams Companies, Inc. (The) in a research report on Monday, October 16th. Four equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $33.83.

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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