Williams Companies Inc (WMB) Shares Sold by Regent Investment Management LLC

Regent Investment Management LLC lowered its stake in Williams Companies Inc (NYSE:WMB) by 20.2% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 88,490 shares of the pipeline company’s stock after selling 22,400 shares during the period. Regent Investment Management LLC’s holdings in Williams Companies were worth $1,951,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in WMB. Legacy Financial Advisors Inc. increased its position in shares of Williams Companies by 1,437.4% in the 4th quarter. Legacy Financial Advisors Inc. now owns 1,768 shares of the pipeline company’s stock worth $39,000 after purchasing an additional 1,653 shares during the last quarter. TCI Wealth Advisors Inc. grew its position in shares of Williams Companies by 29.5% during the 4th quarter. TCI Wealth Advisors Inc. now owns 2,477 shares of the pipeline company’s stock valued at $55,000 after buying an additional 564 shares during the last quarter. Quadrant Capital Group LLC grew its position in shares of Williams Companies by 11.5% during the 4th quarter. Quadrant Capital Group LLC now owns 5,026 shares of the pipeline company’s stock valued at $101,000 after buying an additional 519 shares during the last quarter. Camarda Financial Advisors LLC grew its position in shares of Williams Companies by 516.7% during the 3rd quarter. Camarda Financial Advisors LLC now owns 4,163 shares of the pipeline company’s stock valued at $113,000 after buying an additional 3,488 shares during the last quarter. Finally, Squar Milner Financial Services LLC grew its position in shares of Williams Companies by 152.6% during the 3rd quarter. Squar Milner Financial Services LLC now owns 4,206 shares of the pipeline company’s stock valued at $114,000 after buying an additional 2,541 shares during the last quarter. 87.53% of the stock is owned by institutional investors.

A number of equities research analysts recently weighed in on the stock. Zacks Investment Research raised shares of Williams Companies from a “hold” rating to a “buy” rating and set a $29.00 price objective for the company in a research report on Saturday. Barclays raised shares of Williams Companies from an “equal weight” rating to an “overweight” rating and set a $31.00 price objective for the company in a research report on Wednesday, January 16th. Mizuho assumed coverage on shares of Williams Companies in a research report on Wednesday, November 28th. They set a “buy” rating and a $32.00 price objective for the company. ValuEngine downgraded shares of Williams Companies from a “hold” rating to a “sell” rating in a research report on Tuesday, November 6th. Finally, Bank of America lowered their price objective 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 investment analyst has rated the stock with a sell rating, two have issued a hold rating and fifteen have issued a buy rating to the company’s stock. Williams Companies presently has a consensus rating of “Buy” and an average target price of $32.44.

In other Williams Companies news, Director Kathleen B. Cooper sold 9,760 shares of the company’s stock in a transaction dated Thursday, November 29th. The shares were sold at an average price of $25.60, for a total value of $249,856.00. Following the completion of the transaction, the director now owns 41,887 shares in the company, valued at approximately $1,072,307.20. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider John D. Chandler bought 10,000 shares of the firm’s stock in a transaction on Friday, November 2nd. The stock was purchased at an average price of $25.94 per share, with a total value of $259,400.00. Following the transaction, the insider now owns 26,582 shares in the company, valued at approximately $689,537.08. The disclosure for this purchase can be found here. In the last 90 days, insiders acquired 38,500 shares of company stock valued at $993,625. 0.50% of the stock is owned by insiders.

NYSE WMB traded down $0.21 on Tuesday, hitting $26.19. The stock had a trading volume of 57,163 shares, compared to its average volume of 9,606,604. Williams Companies Inc has a one year low of $20.36 and a one year high of $33.67. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 1.27. The stock has a market cap of $31.96 billion, a price-to-earnings ratio of 41.49, a price-to-earnings-growth ratio of 4.25 and a beta of 1.50.

Williams Companies (NYSE:WMB) last posted its earnings results on Wednesday, October 31st. The pipeline company reported $0.24 EPS for the quarter, topping the consensus estimate of $0.20 by $0.04. Williams Companies had a net margin of 24.15% and a return on equity of 4.44%. The firm had revenue of $2.30 billion during the quarter, compared to analysts’ expectations of $2.16 billion. During the same quarter in the prior year, the firm earned $0.04 EPS. As a group, equities research analysts expect that Williams Companies Inc will post 0.76 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Monday, December 31st. Shareholders of record on Friday, December 14th were given a $0.34 dividend. This represents a $1.36 annualized dividend and a yield of 5.19%. The ex-dividend date was Thursday, December 13th. Williams Companies’s dividend payout ratio (DPR) is 215.87%.

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Williams Companies Company 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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