Williams Companies Inc (WMB) Holdings Lifted by Raymond James Trust N.A.

Raymond James Trust N.A. grew its position in Williams Companies Inc (NYSE:WMB) by 40.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,309 shares of the pipeline company’s stock after buying an additional 5,298 shares during the quarter. Raymond James Trust N.A.’s holdings in Williams Companies were worth $498,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in WMB. Tortoise Capital Advisors L.L.C. boosted its holdings in shares of Williams Companies by 149.0% in the third quarter. Tortoise Capital Advisors L.L.C. now owns 41,886,657 shares of the pipeline company’s stock worth $1,138,898,000 after buying an additional 25,063,078 shares during the period. Kayne Anderson Capital Advisors LP lifted its position in shares of Williams Companies by 270.4% in the third quarter. Kayne Anderson Capital Advisors LP now owns 21,013,475 shares of the pipeline company’s stock worth $571,344,000 after purchasing an additional 15,340,711 shares in the last quarter. Commonwealth Bank of Australia lifted its position in shares of Williams Companies by 6,069.7% in the third quarter. Commonwealth Bank of Australia now owns 7,433,838 shares of the pipeline company’s stock worth $202,109,000 after purchasing an additional 7,313,349 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its position in shares of Williams Companies by 359.4% in the third quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 8,846,406 shares of the pipeline company’s stock worth $240,534,000 after purchasing an additional 6,920,686 shares in the last quarter. Finally, Advisory Research Inc. lifted its position in shares of Williams Companies by 232.7% in the third quarter. Advisory Research Inc. now owns 7,540,654 shares of the pipeline company’s stock worth $205,030,000 after purchasing an additional 5,274,120 shares in the last quarter. Institutional investors own 74.34% of the company’s stock.

A number of analysts have recently issued reports on WMB shares. US Capital Advisors raised shares of Williams Companies from a “hold” rating to an “overweight” rating in a research report on Wednesday, October 17th. Credit Suisse Group started coverage on shares of Williams Companies in a research report on Thursday, October 11th. They issued an “outperform” rating and a $35.00 price target for the company. 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, September 13th. Seaport Global Securities started coverage on shares of Williams Companies in a research report on Friday, October 19th. They issued a “buy” rating and a $31.00 price target for the company. Finally, Bank of America reduced their price target on shares of Williams Companies from $38.00 to $33.00 and set a “buy” rating for the company in a research report on Friday, November 2nd. One research analyst has rated the stock with a sell rating, three have given a hold rating and fifteen have given a buy rating to the company’s stock. Williams Companies currently has an average rating of “Buy” and an average price target of $32.76.

Shares of WMB opened at $25.32 on Friday. The company has a market cap of $30.65 billion, a P/E ratio of 40.19, a price-to-earnings-growth ratio of 5.06 and a beta of 1.57. The company has a debt-to-equity ratio of 1.27, a quick ratio of 0.66 and a current ratio of 0.72. Williams Companies Inc has a twelve month low of $23.54 and a twelve month high of $33.67.

Williams Companies (NYSE:WMB) last issued its quarterly earnings data on Wednesday, October 31st. The pipeline company reported $0.24 earnings per share for the quarter, beating the consensus estimate of $0.20 by $0.04. The firm had revenue of $2.30 billion for the quarter, compared to analyst estimates of $2.16 billion. Williams Companies had a net margin of 24.15% and a return on equity of 4.44%. During the same quarter last year, the firm earned $0.04 earnings per share. Analysts predict that Williams Companies Inc will post 0.77 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 31st. Investors of record on Friday, December 14th will be given a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a yield of 5.37%. The ex-dividend date of this dividend is Thursday, December 13th. Williams Companies’s payout ratio is presently 215.87%.

In related news, Director Kathleen B. Cooper sold 9,760 shares of the firm’s stock in a transaction that occurred on Thursday, November 29th. The shares were sold at an average price of $25.60, for a total transaction of $249,856.00. Following the transaction, the director now owns 41,887 shares of the company’s stock, valued at $1,072,307.20. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Michael A. Creel acquired 25,000 shares of the business’s stock in a transaction that occurred on Friday, November 2nd. The shares were acquired at an average cost of $25.77 per share, for a total transaction of $644,250.00. Following the transaction, the director now owns 20,907 shares of the company’s stock, valued at approximately $538,773.39. The disclosure for this purchase can be found here. In the last ninety days, insiders have purchased 38,500 shares of company stock worth $993,625. Insiders own 0.53% of the company’s stock.

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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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