Bp Plc Has $2,816,000 Position in Williams Companies, Inc. (The) (WMB)

Bp Plc held its stake in Williams Companies, Inc. (The) (NYSE:WMB) during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 93,000 shares of the pipeline company’s stock at the end of the second quarter. Bp Plc’s holdings in Williams Companies, Inc. (The) were worth $2,816,000 as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of the company. BlackRock Inc. increased its position in shares of Williams Companies, Inc. (The) by 2,942.5% in the first quarter. BlackRock Inc. now owns 59,022,046 shares of the pipeline company’s stock worth $1,746,463,000 after buying an additional 57,082,116 shares during the last quarter. Vanguard Group Inc. increased its position in shares of Williams Companies, Inc. (The) by 21.7% in the first quarter. Vanguard Group Inc. now owns 61,390,821 shares of the pipeline company’s stock worth $1,816,554,000 after buying an additional 10,933,027 shares during the last quarter. Clearbridge Investments LLC increased its position in shares of Williams Companies, Inc. (The) by 38,673.4% in the first quarter. Clearbridge Investments LLC now owns 7,754,674 shares of the pipeline company’s stock worth $229,461,000 after buying an additional 7,734,674 shares during the last quarter. JPMorgan Chase & Co. increased its position in shares of Williams Companies, Inc. (The) by 273.9% in the first quarter. JPMorgan Chase & Co. now owns 10,125,511 shares of the pipeline company’s stock worth $299,614,000 after buying an additional 7,417,774 shares during the last quarter. Finally, Janus Capital Management LLC increased its position in shares of Williams Companies, Inc. (The) by 341.1% in the first quarter. Janus Capital Management LLC now owns 7,007,756 shares of the pipeline company’s stock worth $207,359,000 after buying an additional 5,418,945 shares during the last quarter. 84.31% of the stock is currently owned by institutional investors and hedge funds.

Williams Companies, Inc. (NYSE WMB) opened at 30.63 on Thursday. The firm has a market cap of $25.31 billion, a P/E ratio of 2042.00 and a beta of 1.38. Williams Companies, Inc. has a 1-year low of $25.52 and a 1-year high of $32.69. The firm has a 50-day moving average of $30.68 and a 200 day moving average of $29.67.

Williams Companies, Inc. (The) (NYSE:WMB) last released its earnings results on Wednesday, August 2nd. The pipeline company reported $0.13 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.19 by $0.06. The company had revenue of $1.92 billion during the quarter, compared to the consensus estimate of $2.26 billion. Williams Companies, Inc. (The) had a return on equity of 3.43% and a net margin of 6.24%. During the same period in the previous year, the firm posted $0.19 EPS. On average, analysts predict that Williams Companies, Inc. will post $1.05 EPS for the current year.

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A number of equities analysts recently commented on WMB shares. Scotiabank reiterated a “hold” rating and set a $30.00 target price on shares of Williams Companies, Inc. (The) in a research note on Thursday, April 27th. Wells Fargo & Company upgraded shares of Williams Companies, Inc. (The) from a “market perform” rating to an “outperform” rating in a research note on Monday, May 8th. Sanford C. Bernstein started coverage on shares of Williams Companies, Inc. (The) in a research note on Tuesday, May 16th. They set an “outperform” rating for the company. Jefferies Group LLC set a $34.00 target price on shares of Williams Companies, Inc. (The) and gave the stock a “buy” rating in a research note on Friday, June 16th. Finally, BidaskClub upgraded shares of Williams Companies, Inc. (The) from a “hold” rating to a “buy” rating in a research note on Thursday, July 6th. Four research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $34.00.

In other news, VP Ted T. Timmermans sold 2,000 shares of the business’s stock in a transaction dated Tuesday, August 8th. The shares were sold at an average price of $30.66, for a total value of $61,320.00. Following the completion of the sale, the vice president now owns 11,094 shares of the company’s stock, valued at approximately $340,142.04. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Ted T. Timmermans sold 1,000 shares of the business’s stock in a transaction dated Tuesday, May 16th. The stock was sold at an average price of $30.73, for a total transaction of $30,730.00. Following the completion of the sale, the vice president now directly owns 13,094 shares of the company’s stock, valued at approximately $402,378.62. The disclosure for this sale can be found here. In the last three months, insiders bought 37,750 shares of company stock valued at $1,076,480 and sold 94,561 shares valued at $2,937,560. 0.53% of the stock is currently owned by insiders.

About Williams Companies, Inc. (The)

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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