CapWealth Advisors LLC Boosts Position in Williams Companies Inc (WMB)

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CapWealth Advisors LLC boosted its stake in shares of Williams Companies Inc (NYSE:WMB) by 3.9% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 530,189 shares of the pipeline company’s stock after buying an additional 19,705 shares during the quarter. Williams Companies makes up approximately 2.6% of CapWealth Advisors LLC’s portfolio, making the stock its 13th largest holding. CapWealth Advisors LLC owned about 0.06% of Williams Companies worth $14,373,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Daiwa Securities Group Inc. grew its position in Williams Companies by 6.7% during the second quarter. Daiwa Securities Group Inc. now owns 28,648 shares of the pipeline company’s stock valued at $777,000 after buying an additional 1,790 shares during the period. Syntal Capital Partners LLC grew its position in Williams Companies by 7.9% during the first quarter. Syntal Capital Partners LLC now owns 25,306 shares of the pipeline company’s stock valued at $629,000 after buying an additional 1,857 shares during the period. First Allied Advisory Services Inc. grew its position in Williams Companies by 9.3% during the second quarter. First Allied Advisory Services Inc. now owns 23,454 shares of the pipeline company’s stock valued at $642,000 after buying an additional 1,988 shares during the period. Bray Capital Advisors grew its position in Williams Companies by 100.0% during the second quarter. Bray Capital Advisors now owns 4,000 shares of the pipeline company’s stock valued at $108,000 after buying an additional 2,000 shares during the period. Finally, Parkwood LLC grew its position in Williams Companies by 11.3% during the second quarter. Parkwood LLC now owns 20,417 shares of the pipeline company’s stock valued at $554,000 after buying an additional 2,078 shares during the period. Institutional investors own 86.62% of the company’s stock.

In other news, VP Ted T. Timmermans sold 20,267 shares of the stock in a transaction dated Tuesday, August 7th. The shares were sold at an average price of $32.00, for a total value of $648,544.00. Following the sale, the vice president now directly owns 9,955 shares of the company’s stock, valued at $318,560. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Frank J. Ferazzi sold 1,100 shares of the stock in a transaction dated Monday, August 6th. The stock was sold at an average price of $31.31, for a total transaction of $34,441.00. Following the completion of the sale, the senior vice president now directly owns 15,037 shares in the company, valued at $470,808.47. The disclosure for this sale can be found here. 0.53% of the stock is owned by corporate insiders.

Several equities analysts recently weighed in on the stock. Wells Fargo & Co reduced their price target on shares of Williams Companies from $35.00 to $34.00 and set an “outperform” rating for the company in a research report on Thursday. US Capital Advisors lowered shares of Williams Companies from a “buy” rating to a “hold” rating and set a $31.00 price target for the company. in a research report on Friday, August 24th. Bank of America restated a “buy” rating on shares of Williams Companies in a research report on Tuesday, August 21st. Morgan Stanley set a $35.00 price objective on shares of Williams Companies and gave the company an “overweight” rating in a report on Thursday, August 16th. Finally, UBS Group upped their price objective on shares of Williams Companies from $36.00 to $38.00 and gave the company a “buy” rating in a report on Friday, August 10th. Five analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. Williams Companies currently has a consensus rating of “Buy” and an average price target of $33.47.

NYSE WMB opened at $28.09 on Friday. The stock has a market cap of $23.51 billion, a price-to-earnings ratio of 44.59, a price-to-earnings-growth ratio of 4.45 and a beta of 1.51. Williams Companies Inc has a 52 week low of $24.00 and a 52 week high of $33.67. The company has a current ratio of 0.79, a quick ratio of 0.71 and a debt-to-equity ratio of 1.38.

Williams Companies (NYSE:WMB) last released its quarterly earnings data on Wednesday, August 1st. The pipeline company reported $0.17 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.18 by ($0.01). The business had revenue of $2.09 billion for the quarter, compared to analysts’ expectations of $2 billion. Williams Companies had a net margin of 24.19% and a return on equity of 3.82%. During the same period last year, the company earned $0.13 earnings per share. analysts anticipate that Williams Companies Inc will post 0.81 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 24th. Shareholders of record on Friday, September 7th will be issued a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a yield of 4.84%. The ex-dividend date of this dividend is Thursday, September 6th. Williams Companies’s dividend payout ratio (DPR) is presently 215.87%.

Williams Companies Company Profile

The Williams Cos., Inc is an energy infrastructure company, which explores, produces, transports, sells and processes natural gas and petroleum products. It operates through three segments: Williams Partners; and Others. The Williams Partners segment includes gas pipeline and domestic midstream businesses.

Further Reading: Asset Allocation, Balancing Your Investments

Institutional Ownership by Quarter for Williams Companies (NYSE:WMB)

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