Captrust Financial Advisors lessened its stake in shares of Williams Companies Inc (NYSE:WMB) by 18.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 24,440 shares of the pipeline company’s stock after selling 5,692 shares during the quarter. Captrust Financial Advisors’ holdings in Williams Companies were worth $539,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. JNBA Financial Advisors boosted its holdings in shares of Williams Companies by 68.6% during the 4th quarter. JNBA Financial Advisors now owns 1,180 shares of the pipeline company’s stock valued at $26,000 after acquiring an additional 480 shares during the last quarter. JOYN Advisors Inc. boosted its holdings in shares of Williams Companies by 57.9% during the 4th quarter. JOYN Advisors Inc. now owns 1,262 shares of the pipeline company’s stock valued at $28,000 after acquiring an additional 463 shares during the last quarter. Oakworth Capital Inc. boosted its holdings in shares of Williams Companies by 381.7% during the 4th quarter. Oakworth Capital Inc. now owns 1,262 shares of the pipeline company’s stock valued at $28,000 after acquiring an additional 1,000 shares during the last quarter. 1 North Wealth Services LLC purchased a new stake in shares of Williams Companies during the 4th quarter valued at about $32,000. Finally, We Are One Seven LLC purchased a new stake in shares of Williams Companies during the 4th quarter valued at about $36,000. 89.34% of the stock is currently owned by hedge funds and other institutional investors.

WMB opened at $27.73 on Friday. The company has a current ratio of 0.81, a quick ratio of 0.74 and a debt-to-equity ratio of 1.40. The company has a market capitalization of $33.54 billion, a P/E ratio of 35.10, a price-to-earnings-growth ratio of 4.40 and a beta of 1.72. Williams Companies Inc has a 12-month low of $20.36 and a 12-month high of $32.22.

Williams Companies (NYSE:WMB) last issued its quarterly earnings results on Wednesday, February 13th. The pipeline company reported $0.19 earnings per share for the quarter, missing the consensus estimate of $0.22 by ($0.03). Williams Companies had a negative net margin of 1.78% and a positive return on equity of 4.83%. The firm had revenue of $2.20 billion for the quarter, compared to analysts’ expectations of $2.53 billion. During the same period in the prior year, the firm earned $0.36 EPS. On average, equities research analysts predict that Williams Companies Inc will post 0.96 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Monday, March 25th. Shareholders of record on Friday, March 8th will be issued a dividend of $0.38 per share. The ex-dividend date of this dividend is Thursday, March 7th. This represents a $1.52 annualized dividend and a yield of 5.48%. This is an increase from Williams Companies’s previous quarterly dividend of $0.34. Williams Companies’s payout ratio is currently 192.41%.

In other Williams Companies news, insider Walter J. Bennett sold 14,859 shares of Williams Companies stock in a transaction that occurred on Monday, February 25th. The shares were sold at an average price of $27.13, for a total transaction of $403,124.67. Following the transaction, the insider now owns 116,881 shares of the company’s stock, valued at $3,170,981.53. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Kathleen B. Cooper sold 9,615 shares of Williams Companies stock in a transaction that occurred on Tuesday, February 19th. The shares were sold at an average price of $27.39, for a total transaction of $263,354.85. Following the transaction, the director now directly owns 32,272 shares in the company, valued at approximately $883,930.08. The disclosure for this sale can be found here. 0.50% of the stock is owned by insiders.

WMB has been the topic of a number of research reports. Zacks Investment Research reissued a “buy” rating and issued a $29.00 price objective on shares of Williams Companies in a report on Saturday, November 17th. Mizuho initiated coverage on shares of Williams Companies in a report on Wednesday, November 28th. They issued a “buy” rating and a $32.00 price objective on the stock. Barclays raised shares of Williams Companies from an “equal weight” rating to an “overweight” rating and set a $31.00 price objective on the stock in a report on Wednesday, January 16th. Bank of America set a $30.00 price objective on shares of Williams Companies and gave the stock a “buy” rating in a report on Thursday, February 14th. Finally, Evercore ISI initiated coverage on shares of Williams Companies in a report on Tuesday, February 5th. They issued an “outperform” rating on the stock. One analyst has rated the stock with a sell rating, two have assigned a hold rating and fifteen have issued a buy rating to the company’s stock. Williams Companies has an average rating of “Buy” and an average target price of $32.07.

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Williams Companies Profile

The Williams Companies, Inc operates as an energy infrastructure company primarily in the United States. It owns and operates natural gas pipeline system extending from Texas, Louisiana, Mississippi, and the Gulf of Mexico through Alabama, Georgia, South Carolina, North Carolina, Virginia, Maryland, Delaware, Pennsylvania, and New Jersey to the New York City metropolitan area.

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

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