Insider Selling: Williams Companies Inc (WMB) Insider Sells 26,915 Shares of Stock

Williams Companies Inc (NYSE:WMB) insider James E. Scheel sold 26,915 shares of the stock in a transaction on Thursday, January 11th. The stock was sold at an average price of $33.00, for a total transaction of $888,195.00. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.

Williams Companies Inc (NYSE:WMB) traded up $0.11 during mid-day trading on Friday, hitting $33.21. 4,369,305 shares of the company were exchanged, compared to its average volume of 5,640,000. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.91 and a current ratio of 0.97. Williams Companies Inc has a 1-year low of $26.82 and a 1-year high of $33.38. The firm has a market cap of $27,460.00, a PE ratio of 58.26, a PEG ratio of 2.83 and a beta of 1.36.

Williams Companies (NYSE:WMB) last released its quarterly earnings data on Wednesday, November 1st. The pipeline company reported $0.15 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.19 by ($0.04). Williams Companies had a return on equity of 3.23% and a net margin of 5.90%. The firm had revenue of $1.89 billion during the quarter, compared to analyst estimates of $1.79 billion. During the same period last year, the business earned $0.20 EPS. The firm’s revenue was down .7% on a year-over-year basis. analysts expect that Williams Companies Inc will post 0.64 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 26th. Investors of record on Friday, December 8th were issued a $0.30 dividend. The ex-dividend date of this dividend was Thursday, December 7th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.61%. Williams Companies’s dividend payout ratio (DPR) is presently 210.53%.

WMB has been the topic of a number of research reports. Morgan Stanley dropped their target price on shares of Williams Companies from $34.00 to $33.00 and set an “overweight” rating on the stock in a report on Friday, November 17th. Royal Bank of Canada reissued a “buy” rating and set a $36.00 target price on shares of Williams Companies in a report on Monday, October 16th. Wolfe Research initiated coverage on shares of Williams Companies in a report on Monday, September 25th. They set an “outperform” rating and a $34.00 target price on the stock. Credit Suisse Group initiated coverage on shares of Williams Companies in a report on Thursday, January 4th. They set an “outperform” rating and a $36.00 target price on the stock. Finally, Zacks Investment Research cut shares of Williams Companies from a “hold” rating to a “sell” rating in a report on Saturday, January 6th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. Williams Companies currently has an average rating of “Buy” and an average price target of $34.08.

Several hedge funds have recently added to or reduced their stakes in WMB. Capital International Investors grew its position in Williams Companies by 1,660.2% in the 2nd quarter. Capital International Investors now owns 7,384,300 shares of the pipeline company’s stock valued at $223,597,000 after buying an additional 6,964,791 shares in the last quarter. BlackRock Inc. grew its position in Williams Companies by 9.9% in the 2nd quarter. BlackRock Inc. now owns 64,872,653 shares of the pipeline company’s stock valued at $1,964,347,000 after buying an additional 5,850,607 shares in the last quarter. Janus Henderson Group PLC grew its position in Williams Companies by 4,652.7% in the 2nd 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 in the last quarter. Vanguard Group Inc. grew its position in Williams Companies by 4.4% in the 2nd quarter. Vanguard Group Inc. now owns 64,062,726 shares of the pipeline company’s stock valued at $1,939,819,000 after buying an additional 2,671,905 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its position in Williams Companies by 47.1% in the 2nd quarter. Ameriprise Financial Inc. now owns 6,174,675 shares of the pipeline company’s stock valued at $186,965,000 after buying an additional 1,978,314 shares in the last quarter. 84.75% of the stock is currently owned by institutional investors and hedge funds.

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About Williams Companies

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.

Insider Buying and Selling by Quarter for Williams Companies (NYSE:WMB)

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