Winslow Evans & Crocker Inc. Sells 1,306 Shares of Williams Companies, Inc. (The) (WMB)

Winslow Evans & Crocker Inc. cut its stake in Williams Companies, Inc. (The) (NYSE:WMB) by 14.3% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 7,820 shares of the pipeline company’s stock after selling 1,306 shares during the period. Winslow Evans & Crocker Inc.’s holdings in Williams Companies, Inc. (The) were worth $237,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of WMB. Sheaff Brock Investment Advisors LLC boosted its position in Williams Companies, Inc. (The) by 0.5% in the first quarter. Sheaff Brock Investment Advisors LLC now owns 8,448 shares of the pipeline company’s stock valued at $250,000 after buying an additional 41 shares in the last quarter. Catawba Capital Management VA boosted its position in Williams Companies, Inc. (The) by 0.6% in the second quarter. Catawba Capital Management VA now owns 7,035 shares of the pipeline company’s stock valued at $213,000 after buying an additional 45 shares in the last quarter. Focused Wealth Management Inc boosted its position in Williams Companies, Inc. (The) by 1.8% in the first quarter. Focused Wealth Management Inc now owns 5,700 shares of the pipeline company’s stock valued at $169,000 after buying an additional 100 shares in the last quarter. Duncker Streett & Co. Inc. boosted its position in Williams Companies, Inc. (The) by 1.0% in the first quarter. Duncker Streett & Co. Inc. now owns 12,630 shares of the pipeline company’s stock valued at $374,000 after buying an additional 130 shares in the last quarter. Finally, Fifth Third Bancorp boosted its position in Williams Companies, Inc. (The) by 2.1% in the first quarter. Fifth Third Bancorp now owns 7,418 shares of the pipeline company’s stock valued at $219,000 after buying an additional 153 shares in the last quarter. Hedge funds and other institutional investors own 84.31% of the company’s stock.

Shares of Williams Companies, Inc. (NYSE WMB) traded up 0.10% during mid-day trading on Friday, reaching $30.08. The company’s stock had a trading volume of 2,391,786 shares. Williams Companies, Inc. has a 12-month low of $25.67 and a 12-month high of $32.69. The firm’s 50-day moving average price is $30.75 and its 200 day moving average price is $29.67. The firm has a market cap of $24.87 billion, a P/E ratio of 47.44 and a beta of 1.38.

Williams Companies, Inc. (The) (NYSE:WMB) last announced its quarterly 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. Williams Companies, Inc. (The) had a net margin of 6.24% and a return on equity of 3.43%. The business had revenue of $1.92 billion during the quarter, compared to analysts’ expectations of $2.26 billion. During the same quarter in the prior year, the firm earned $0.19 EPS. On average, analysts expect that Williams Companies, Inc. will post $1.01 EPS for the current year.

WARNING: This article was posted by Community Financial News and is the sole property of of Community Financial News. If you are viewing this article on another website, it was copied illegally and reposted in violation of U.S. & international trademark and copyright legislation. The original version of this article can be accessed at https://www.com-unik.info/2017/08/11/williams-companies-inc-the-wmb-shares-sold-by-winslow-evans-crocker-inc-updated-updated-updated.html.

A number of research firms recently commented on WMB. BidaskClub cut Williams Companies, Inc. (The) from a “strong-buy” rating to a “buy” rating in a research report on Tuesday. Sanford C. Bernstein reiterated an “outperform” rating on shares of Williams Companies, Inc. (The) in a research report on Thursday. Zacks Investment Research upgraded Williams Companies, Inc. (The) from a “hold” rating to a “buy” rating and set a $34.00 price objective for the company in a research report on Thursday, July 13th. Barclays PLC reiterated a “hold” rating and set a $33.00 price objective on shares of Williams Companies, Inc. (The) in a research report on Tuesday, May 16th. Finally, Wells Fargo & Company upgraded Williams Companies, Inc. (The) from a “market perform” rating to an “outperform” rating in a research report on Monday, May 15th. Four equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the stock. Williams Companies, Inc. (The) presently has an average rating of “Buy” and a consensus target price of $34.00.

In related news, insider Robyn L. Ewing sold 81,561 shares of Williams Companies, Inc. (The) stock in a transaction dated Monday, May 15th. The stock was sold at an average price of $31.14, for a total value of $2,539,809.54. Following the completion of the transaction, the insider now owns 47,003 shares in the company, valued at approximately $1,463,673.42. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, VP Ted T. Timmermans sold 1,000 shares of Williams Companies, Inc. (The) stock in a transaction dated Tuesday, May 16th. The shares were sold at an average price of $30.73, for a total value of $30,730.00. Following the completion of the transaction, the vice president now 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 90 days, insiders purchased 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 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.

Institutional Ownership by Quarter for Williams Companies, Inc. (The) (NYSE:WMB)

What are top analysts saying about Williams Companies Inc. (The)? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Williams Companies Inc. (The) and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit