Brown Advisory Inc. Boosts Position in Williams Companies Inc (WMB)

Brown Advisory Inc. increased its stake in Williams Companies Inc (NYSE:WMB) by 2.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 81,715 shares of the pipeline company’s stock after purchasing an additional 1,811 shares during the quarter. Brown Advisory Inc.’s holdings in Williams Companies were worth $2,452,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of WMB. Fuller & Thaler Asset Management Inc. bought a new stake in Williams Companies during the 3rd quarter valued at $105,000. Bronfman E.L. Rothschild L.P. raised its holdings in Williams Companies by 78.6% during the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 4,537 shares of the pipeline company’s stock valued at $137,000 after acquiring an additional 1,997 shares during the period. Parallel Advisors LLC raised its holdings in Williams Companies by 19.9% during the 2nd quarter. Parallel Advisors LLC now owns 5,571 shares of the pipeline company’s stock valued at $177,000 after acquiring an additional 925 shares during the period. Sun Life Financial INC raised its holdings in Williams Companies by 46,384.6% during the 2nd quarter. Sun Life Financial INC now owns 6,043 shares of the pipeline company’s stock valued at $183,000 after acquiring an additional 6,030 shares during the period. Finally, Dupont Capital Management Corp bought a new stake in Williams Companies during the 2nd quarter valued at $194,000. 84.84% of the stock is currently owned by institutional investors.

In related news, insider Donald R. Chappel sold 272,088 shares of the company’s stock in a transaction on Tuesday, September 26th. The shares were sold at an average price of $30.32, for a total value of $8,249,708.16. Following the completion of the transaction, the insider now directly owns 60,032 shares in the company, valued at $1,820,170.24. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Alan S. Armstrong bought 6,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 15th. The stock was bought at an average price of $27.23 per share, with a total value of $163,380.00. Following the completion of the transaction, the chief executive officer now directly owns 345,527 shares of the company’s stock, valued at approximately $9,408,700.21. The disclosure for this purchase can be found here. Insiders sold 283,501 shares of company stock valued at $8,590,124 over the last quarter. 0.53% of the stock is owned by company insiders.

A number of equities research analysts have issued reports on WMB shares. Morgan Stanley lowered their target price on shares of Williams Companies from $34.00 to $33.00 and set an “overweight” rating on the stock in a report on Friday, November 17th. BidaskClub lowered shares of Williams Companies from a “hold” rating to a “sell” rating in a research report on Saturday, August 19th. Royal Bank Of Canada restated a “buy” rating and set a $36.00 price target on shares of Williams Companies in a research report on Monday, October 16th. Wolfe Research initiated coverage on shares of Williams Companies in a research report on Monday, September 25th. They set an “outperform” rating and a $34.00 price target for the company. Finally, Sanford C. Bernstein restated an “outperform” rating on shares of Williams Companies in a research report on Thursday, August 10th. 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. Williams Companies has a consensus rating of “Buy” and an average target price of $33.83.

Williams Companies Inc (NYSE WMB) traded down $0.38 on Thursday, hitting $28.69. 4,160,900 shares of the stock were exchanged, compared to its average volume of 6,411,386. The stock has a market cap of $24,033.53, a price-to-earnings ratio of 49.27, a P/E/G ratio of 3.11 and a beta of 1.37. 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 has a 12-month low of $26.82 and a 12-month high of $32.69.

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

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 26th. Investors of record on Friday, December 8th will be given a $0.30 dividend. The ex-dividend date of this dividend is Thursday, December 7th. This represents a $1.20 annualized dividend and a yield of 4.18%. Williams Companies’s dividend payout ratio (DPR) is presently 210.53%.

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Williams Companies 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 (NYSE:WMB)

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