APG Asset Management N.V. Acquires 77,800 Shares of Williams Companies, Inc. (The) (WMB)

APG Asset Management N.V. grew its holdings in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 5.5% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,492,571 shares of the pipeline company’s stock after purchasing an additional 77,800 shares during the period. APG Asset Management N.V. owned about 0.18% of Williams Companies, Inc. (The) worth $44,792,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Bronfman E.L. Rothschild L.P. increased its stake in Williams Companies, Inc. (The) by 78.6% during the second quarter. Bronfman E.L. Rothschild L.P. now owns 4,537 shares of the pipeline company’s stock worth $137,000 after purchasing an additional 1,997 shares during the period. CWM LLC increased its stake in Williams Companies, Inc. (The) by 300.7% during the second quarter. CWM LLC now owns 4,893 shares of the pipeline company’s stock worth $148,000 after purchasing an additional 3,672 shares during the period. SeaBridge Investment Advisors LLC increased its stake in Williams Companies, Inc. (The) by 41.6% during the second quarter. SeaBridge Investment Advisors LLC now owns 5,210 shares of the pipeline company’s stock worth $158,000 after purchasing an additional 1,530 shares during the period. Parallel Advisors LLC increased its stake in Williams Companies, Inc. (The) by 19.9% during the second quarter. Parallel Advisors LLC now owns 5,571 shares of the pipeline company’s stock worth $177,000 after purchasing an additional 925 shares during the period. Finally, Sun Life Financial INC increased its stake in Williams Companies, Inc. (The) by 46,384.6% during the second quarter. Sun Life Financial INC now owns 6,043 shares of the pipeline company’s stock worth $183,000 after purchasing an additional 6,030 shares during the period. Institutional investors own 84.60% of the company’s stock.

In other Williams Companies, Inc. (The) news, insider Robyn L. Ewing sold 9,913 shares of Williams Companies, Inc. (The) stock in a transaction that occurred on Wednesday, September 27th. The stock was sold at an average price of $29.99, for a total transaction of $297,290.87. Following the sale, the insider now directly owns 27,090 shares in the company, valued at approximately $812,429.10. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Stephen I. Chazen acquired 5,000 shares of the company’s stock in a transaction on Monday, August 21st. The shares were acquired at an average price of $28.93 per share, for a total transaction of $144,650.00. Following the completion of the acquisition, the director now directly owns 10,000 shares in the company, valued at $289,300. The disclosure for this purchase can be found here. Insiders have sold a total of 284,001 shares of company stock worth $8,608,319 over the last three months. 0.53% of the stock is currently owned by corporate insiders.

A number of analysts have issued reports on WMB shares. Zacks Investment Research upgraded shares of Williams Companies, Inc. (The) from a “hold” rating to a “buy” rating and set a $34.00 price target on the stock in a research note on Thursday, July 13th. BidaskClub upgraded shares of Williams Companies, Inc. (The) from a “hold” rating to a “buy” rating in a research note on Thursday, July 6th. Royal Bank Of Canada reiterated a “buy” rating and set a $36.00 price target on shares of Williams Companies, Inc. (The) in a research note on Monday, October 16th. Scotiabank set a $30.00 price target on shares of Williams Companies, Inc. (The) and gave the stock a “hold” rating in a research note on Saturday, July 22nd. Finally, Sanford C. Bernstein reiterated an “outperform” rating on shares of Williams Companies, Inc. (The) in a research note on Thursday, August 10th. Four analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $34.00.

Shares of Williams Companies, Inc. (NYSE WMB) opened at 28.62 on Friday. The stock has a market capitalization of $23.66 billion, a price-to-earnings ratio of 45.14 and a beta of 1.38. Williams Companies, Inc. has a 1-year low of $27.35 and a 1-year high of $32.69. The company’s 50 day moving average is $29.89 and its 200-day moving average is $30.04.

Williams Companies, Inc. (The) (NYSE:WMB) last released its quarterly earnings results on Wednesday, August 2nd. The pipeline company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.19 by ($0.06). The company had revenue of $1.92 billion for the quarter, compared to analyst estimates 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 last year, the firm posted $0.19 earnings per share. Equities analysts anticipate that Williams Companies, Inc. will post $0.84 earnings per share for the current fiscal year.

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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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