Williams Companies, Inc. (The) (WMB) Shares Sold by Tower Research Capital LLC TRC

Tower Research Capital LLC TRC decreased its holdings in Williams Companies, Inc. (The) (NYSE:WMB) by 65.1% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,904 shares of the pipeline company’s stock after selling 7,270 shares during the period. Tower Research Capital LLC TRC’s holdings in Williams Companies, Inc. (The) were worth $118,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the business. PointState Capital LP raised its stake in Williams Companies, Inc. (The) by 61.5% in the second quarter. PointState Capital LP now owns 3,867,500 shares of the pipeline company’s stock valued at $117,108,000 after buying an additional 1,473,300 shares during the period. BlueCrest Capital Management Ltd bought a new stake in Williams Companies, Inc. (The) in the second quarter valued at approximately $1,005,000. State Street Corp raised its stake in Williams Companies, Inc. (The) by 0.4% in the second quarter. State Street Corp now owns 42,452,276 shares of the pipeline company’s stock valued at $1,285,450,000 after buying an additional 162,568 shares during the period. Gotham Asset Management LLC raised its stake in Williams Companies, Inc. (The) by 22.6% in the second quarter. Gotham Asset Management LLC now owns 713,874 shares of the pipeline company’s stock valued at $21,616,000 after buying an additional 131,408 shares during the period. Finally, Janus Henderson Group PLC raised its stake in Williams Companies, Inc. (The) by 4,652.7% in the second quarter. Janus Henderson Group PLC now owns 4,822,264 shares of the pipeline company’s stock valued at $146,019,000 after buying an additional 4,720,801 shares during the period. Hedge funds and other institutional investors own 84.69% of the company’s stock.

Shares of Williams Companies, Inc. (WMB) traded down 0.746% during midday trading on Friday, reaching $29.945. The company had a trading volume of 587,982 shares. Williams Companies, Inc. has a one year low of $27.35 and a one year high of $32.69. The company has a 50 day moving average price of $30.03 and a 200-day moving average price of $30.07. The firm has a market capitalization of $24.75 billion, a P/E ratio of 47.232 and a beta of 1.38.

Williams Companies, Inc. (The) (NYSE:WMB) last issued its earnings results on Wednesday, August 2nd. The pipeline company reported $0.13 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $2.26 billion. During the same period in the previous year, the firm earned $0.19 EPS. On average, analysts anticipate that Williams Companies, Inc. will post $0.83 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Monday, September 25th. Shareholders of record on Friday, September 8th were issued a dividend of $0.30 per share. The ex-dividend date was Thursday, September 7th. This represents a $1.20 dividend on an annualized basis and a yield of 3.98%. Williams Companies, Inc. (The)’s payout ratio is 196.72%.

In other Williams Companies, Inc. (The) news, VP Ted T. Timmermans sold 2,000 shares of the business’s stock in a transaction on Tuesday, August 8th. The shares were sold at an average price of $30.66, for a total transaction of $61,320.00. Following the sale, the vice president now owns 11,094 shares of the company’s stock, valued at approximately $340,142.04. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Robyn L. Ewing sold 9,913 shares of the business’s stock in a transaction on Wednesday, September 27th. The shares were 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 disclosure for this sale can be found here. Insiders have sold a total of 284,001 shares of company stock worth $8,608,319 in the last three months. Insiders own 0.53% of the company’s stock.

WMB has been the topic of several research analyst reports. BidaskClub lowered Williams Companies, Inc. (The) from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, August 8th. Zacks Investment Research upgraded Williams Companies, Inc. (The) from a “hold” rating to a “buy” rating and set a $35.00 target price on the stock in a research note on Monday, July 24th. Jefferies Group LLC set a $34.00 target price on Williams Companies, Inc. (The) and gave the stock a “buy” rating in a research note on Friday, June 16th. BMO Capital Markets set a $32.00 target price on Williams Companies, Inc. (The) and gave the stock a “buy” rating in a research note on Thursday, June 15th. Finally, Scotiabank set a $30.00 target price on Williams Companies, Inc. (The) and gave the stock a “hold” rating in a research note on Saturday, July 22nd. Four investment analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company’s stock. Williams Companies, Inc. (The) currently has an average rating of “Buy” and a consensus price target of $34.00.

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Williams Companies, Inc. (The) Profile

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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