Williams Companies, Inc. (The) (NYSE:WMB – Get Free Report) SVP Terrance Lane Wilson sold 2,000 shares of Williams Companies stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $71.75, for a total value of $143,500.00. Following the sale, the senior vice president directly owned 289,159 shares of the company’s stock, valued at approximately $20,747,158.25. This trade represents a 0.69% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
Terrance Lane Wilson also recently made the following trade(s):
- On Monday, March 2nd, Terrance Lane Wilson sold 2,000 shares of Williams Companies stock. The stock was sold at an average price of $75.24, for a total value of $150,480.00.
- On Tuesday, February 24th, Terrance Lane Wilson sold 27,000 shares of Williams Companies stock. The shares were sold at an average price of $72.92, for a total value of $1,968,840.00.
- On Monday, February 2nd, Terrance Lane Wilson sold 2,000 shares of Williams Companies stock. The shares were sold at an average price of $66.39, for a total value of $132,780.00.
Williams Companies Stock Up 0.2%
NYSE:WMB traded up $0.13 during mid-day trading on Thursday, reaching $71.96. The company’s stock had a trading volume of 2,083,501 shares, compared to its average volume of 7,319,143. The company has a quick ratio of 0.48, a current ratio of 0.53 and a debt-to-equity ratio of 1.83. Williams Companies, Inc. has a 1 year low of $51.58 and a 1 year high of $76.87. The stock has a fifty day moving average of $71.53 and a 200-day moving average of $64.43. The firm has a market capitalization of $87.90 billion, a PE ratio of 33.63, a price-to-earnings-growth ratio of 1.25 and a beta of 0.63.
Williams Companies Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Monday, March 30th. Shareholders of record on Friday, March 13th were issued a dividend of $0.525 per share. This is an increase from Williams Companies’s previous quarterly dividend of $0.50. This represents a $2.10 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date was Friday, March 13th. Williams Companies’s dividend payout ratio (DPR) is currently 98.13%.
Analyst Upgrades and Downgrades
WMB has been the subject of several recent research reports. Royal Bank Of Canada boosted their price target on Williams Companies from $75.00 to $78.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 11th. Wells Fargo & Company raised their price objective on Williams Companies from $80.00 to $89.00 and gave the company an “overweight” rating in a research report on Friday, March 13th. Wall Street Zen downgraded shares of Williams Companies from a “hold” rating to a “sell” rating in a report on Saturday, March 28th. Morgan Stanley increased their price target on shares of Williams Companies from $83.00 to $90.00 and gave the company an “overweight” rating in a research report on Monday, March 2nd. Finally, Scotiabank lifted their price objective on shares of Williams Companies from $84.00 to $85.00 and gave the stock a “sector outperform” rating in a research report on Wednesday. Three analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $77.07.
Read Our Latest Stock Report on WMB
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. J. Derek Lewis & Associates Inc. purchased a new stake in Williams Companies in the fourth quarter valued at about $385,000. Rockefeller Capital Management L.P. grew its stake in shares of Williams Companies by 15.3% during the fourth quarter. Rockefeller Capital Management L.P. now owns 1,093,848 shares of the pipeline company’s stock worth $65,751,000 after acquiring an additional 145,441 shares during the last quarter. Fund Advisors of America Inc FL acquired a new position in shares of Williams Companies during the fourth quarter valued at about $1,232,000. World Investment Advisors raised its position in shares of Williams Companies by 29.0% in the 4th quarter. World Investment Advisors now owns 55,577 shares of the pipeline company’s stock valued at $3,341,000 after purchasing an additional 12,508 shares during the last quarter. Finally, Meadowbrook Advisors Group LLC purchased a new position in shares of Williams Companies in the 4th quarter valued at approximately $302,000. 86.44% of the stock is currently owned by hedge funds and other institutional investors.
Williams Companies Company Profile
Williams Companies, Inc (NYSE: WMB) is a U.S.-based energy infrastructure company focused on the midstream segment of the natural gas value chain. The company develops, owns and operates assets that gather, process, transport and store natural gas and natural gas liquids (NGLs). Its operations support the movement of gas from production areas to end users including utilities, power generators, industrial customers and export facilities.
Williams’s product and service offering includes interstate and intrastate pipeline transmission, gas-gathering systems, processing facilities that remove impurities and separate NGLs, storage services and fractionation and transportation of NGL products.
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