Williams Companies, Inc. (The) (WMB) Position Increased by Croft Leominster Inc.

Croft Leominster Inc. increased its position in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 42.2% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 202,680 shares of the pipeline company’s stock after buying an additional 60,178 shares during the period. Williams Companies, Inc. (The) makes up approximately 1.4% of Croft Leominster Inc.’s portfolio, making the stock its 26th largest position. Croft Leominster Inc.’s holdings in Williams Companies, Inc. (The) were worth $5,997,000 as of its most recent filing with the SEC.

Other institutional investors also recently made changes to their positions in the company. Sheaff Brock Investment Advisors LLC increased its stake in shares of Williams Companies, Inc. (The) by 0.5% in the first quarter. Sheaff Brock Investment Advisors LLC now owns 8,448 shares of the pipeline company’s stock worth $250,000 after buying an additional 41 shares during the last quarter. Focused Wealth Management Inc increased its stake in shares of Williams Companies, Inc. (The) by 1.8% in the first quarter. Focused Wealth Management Inc now owns 5,700 shares of the pipeline company’s stock worth $169,000 after buying an additional 100 shares during the last quarter. Duncker Streett & Co. Inc. increased its stake in shares of Williams Companies, Inc. (The) by 1.0% in the first quarter. Duncker Streett & Co. Inc. now owns 12,630 shares of the pipeline company’s stock worth $374,000 after buying an additional 130 shares during the last quarter. Fifth Third Bancorp increased its stake in shares of Williams Companies, Inc. (The) by 2.1% in the first quarter. Fifth Third Bancorp now owns 7,418 shares of the pipeline company’s stock worth $219,000 after buying an additional 153 shares during the last quarter. Finally, Pinnacle Associates Ltd. increased its stake in shares of Williams Companies, Inc. (The) by 0.5% in the first quarter. Pinnacle Associates Ltd. now owns 36,151 shares of the pipeline company’s stock worth $1,070,000 after buying an additional 183 shares during the last quarter. Hedge funds and other institutional investors own 85.66% of the company’s stock.

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

Williams Companies, Inc. (NYSE:WMB) traded down 2.84% during mid-day trading on Tuesday, reaching $28.05. 2,611,827 shares of the company’s stock were exchanged. The stock has a market cap of $23.18 billion, a P/E ratio of 1870.00 and a beta of 1.33. The stock has a 50-day moving average price of $29.72 and a 200-day moving average price of $29.58. Williams Companies, Inc. has a 52 week low of $19.60 and a 52 week high of $32.69.

Williams Companies, Inc. (The) (NYSE:WMB) last posted its earnings results on Wednesday, May 3rd. The pipeline company reported $0.14 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.20 by $0.06. The company had revenue of $1.99 billion for the quarter, compared to analyst estimates of $1.98 billion. Williams Companies, Inc. (The) had a return on equity of 3.74% and a net margin of 0.18%. During the same quarter in the previous year, the firm posted $0.03 earnings per share. On average, analysts forecast that Williams Companies, Inc. will post $0.97 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 26th. Stockholders of record on Friday, June 9th will be issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 4.16%. The ex-dividend date of this dividend is Wednesday, June 7th. Williams Companies, Inc. (The)’s dividend payout ratio (DPR) is presently -3,998.67%.

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WMB has been the subject of a number of research analyst reports. Citigroup Inc. raised shares of Williams Companies, Inc. (The) from a “neutral” rating to a “buy” rating and upped their price target for the company from $32.00 to $36.00 in a report on Friday, April 7th. BMO Capital Markets reissued a “buy” rating and issued a $32.00 price target on shares of Williams Companies, Inc. (The) in a report on Wednesday, May 3rd. Jefferies Group LLC reissued a “buy” rating and issued a $34.00 price target on shares of Williams Companies, Inc. (The) in a report on Friday, March 31st. Royal Bank Of Canada reissued a “buy” rating and issued a $34.00 price target on shares of Williams Companies, Inc. (The) in a report on Tuesday, June 6th. Finally, Goldman Sachs Group, Inc. (The) raised shares of Williams Companies, Inc. (The) from a “buy” rating to a “conviction-buy” rating in a report on Wednesday, March 1st. Five equities research analysts have rated the stock with a hold rating, twelve have given a buy rating and two have assigned a strong buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $32.39.

In other Williams Companies, Inc. (The) news, Director Michael A. Creel acquired 5,000 shares of the business’s stock in a transaction dated Friday, May 26th. The shares were acquired at an average price of $29.67 per share, for a total transaction of $148,350.00. Following the acquisition, the director now directly owns 5,000 shares of the company’s stock, valued at approximately $148,350. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Ted T. Timmermans sold 1,000 shares of Williams Companies, Inc. (The) stock in a transaction dated Tuesday, May 16th. The shares were sold at an average price of $30.73, for a total value of $30,730.00. Following the transaction, the vice president now owns 13,094 shares in the company, valued at approximately $402,378.62. The disclosure for this sale can be found here. In the last quarter, insiders have bought 21,000 shares of company stock worth $607,980 and have sold 92,561 shares worth $2,876,240. Insiders own 0.50% of the company’s stock.

Williams Companies, Inc. (The) Company 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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