Lido Advisors LLC increased its position in Williams Companies Inc (NYSE:WMB) by 18.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,367 shares of the pipeline company’s stock after purchasing an additional 3,501 shares during the period. Lido Advisors LLC’s holdings in Williams Companies were worth $493,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently bought and sold shares of the company. Claybrook Capital LLC bought a new position in Williams Companies during the 4th quarter valued at about $26,000. JNBA Financial Advisors lifted its stake in 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 period. JOYN Advisors Inc. lifted its stake in shares of Williams Companies by 57.9% in the 4th quarter. JOYN Advisors Inc. now owns 1,262 shares of the pipeline company’s stock worth $28,000 after purchasing an additional 463 shares during the period. Oakworth Capital Inc. lifted its stake in shares of Williams Companies by 381.7% in the 4th quarter. Oakworth Capital Inc. now owns 1,262 shares of the pipeline company’s stock worth $28,000 after purchasing an additional 1,000 shares during the period. Finally, 1 North Wealth Services LLC bought a new position in shares of Williams Companies in the 4th quarter worth approximately $32,000. Institutional investors and hedge funds own 89.34% of the company’s stock.
WMB has been the topic of several recent research reports. Zacks Investment Research upgraded shares of Williams Companies from a “hold” rating to a “buy” rating and set a $29.00 price objective on the stock in a research note on Saturday, January 19th. Bank of America set a $30.00 target price on shares of Williams Companies and gave the stock a “buy” rating in a report on Thursday, February 14th. Mizuho assumed coverage on shares of Williams Companies in a report on Wednesday, November 28th. They issued a “buy” rating and a $32.00 target price for the company. Barclays raised shares of Williams Companies from an “equal weight” rating to an “overweight” rating and set a $31.00 target price for the company in a report on Wednesday, January 16th. Finally, Evercore ISI assumed coverage on shares of Williams Companies in a report on Tuesday, February 5th. They issued an “outperform” rating for the company. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and fifteen have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $32.07.
Shares of WMB opened at $27.56 on Friday. The company has a quick ratio of 0.74, a current ratio of 0.81 and a debt-to-equity ratio of 1.40. Williams Companies Inc has a 1 year low of $20.36 and a 1 year high of $32.22. The company has a market cap of $33.37 billion, a price-to-earnings ratio of 34.89, a P/E/G ratio of 4.40 and a beta of 1.72.
Williams Companies (NYSE:WMB) last announced its quarterly earnings data on Wednesday, February 13th. The pipeline company reported $0.19 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 company had revenue of $2.20 billion for the quarter, compared to analysts’ expectations of $2.53 billion. During the same period last year, the business earned $0.36 earnings per share. Analysts forecast that Williams Companies Inc will post 0.96 earnings per share for the current fiscal year.
The business also recently disclosed 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. This is a positive change from Williams Companies’s previous quarterly dividend of $0.34. This represents a $1.52 dividend on an annualized basis and a yield of 5.52%. The ex-dividend date is Thursday, March 7th. Williams Companies’s dividend payout ratio (DPR) is 192.41%.
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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