Coldstream Capital Management Inc. Buys 2,799 Shares of The Williams Companies, Inc. (NYSE:WMB)

Coldstream Capital Management Inc. raised its stake in The Williams Companies, Inc. (NYSE:WMB) by 14.5% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 22,111 shares of the pipeline company’s stock after purchasing an additional 2,799 shares during the quarter. Coldstream Capital Management Inc.’s holdings in Williams Companies were worth $1,026,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Wellington Management Group LLP raised its holdings in Williams Companies by 19.0% during the 3rd quarter. Wellington Management Group LLP now owns 35,734,666 shares of the pipeline company’s stock valued at $1,631,288,000 after buying an additional 5,697,605 shares during the last quarter. American Century Companies Inc. raised its stake in shares of Williams Companies by 20.1% during the second quarter. American Century Companies Inc. now owns 6,117,298 shares of the pipeline company’s stock valued at $259,985,000 after acquiring an additional 1,024,158 shares during the last quarter. National Bank of Canada FI boosted its holdings in shares of Williams Companies by 224.1% during the third quarter. National Bank of Canada FI now owns 1,334,307 shares of the pipeline company’s stock worth $60,909,000 after purchasing an additional 922,550 shares during the period. Castle Hook Partners LP grew its stake in shares of Williams Companies by 31.7% in the third quarter. Castle Hook Partners LP now owns 2,989,278 shares of the pipeline company’s stock worth $136,461,000 after purchasing an additional 718,915 shares during the last quarter. Finally, Bahl & Gaynor Inc. increased its holdings in Williams Companies by 8.8% during the 2nd quarter. Bahl & Gaynor Inc. now owns 7,664,152 shares of the pipeline company’s stock valued at $325,726,000 after purchasing an additional 618,056 shares during the period. Institutional investors own 86.44% of the company’s stock.

Insider Activity

In other Williams Companies news, SVP Terrance Lane Wilson sold 2,000 shares of the business’s stock in a transaction dated Tuesday, October 1st. The stock was sold at an average price of $45.29, for a total transaction of $90,580.00. Following the completion of the sale, the senior vice president now directly owns 304,200 shares in the company, valued at $13,777,218. The trade was a 0.65 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Mary A. Hausman sold 7,951 shares of the company’s stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $56.30, for a total transaction of $447,641.30. Following the sale, the chief accounting officer now directly owns 25,858 shares of the company’s stock, valued at $1,455,805.40. The trade was a 23.52 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.44% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently commented on WMB. Citigroup raised their price target on Williams Companies from $45.00 to $52.00 and gave the stock a “buy” rating in a research note on Thursday, October 3rd. UBS Group raised their price objective on Williams Companies from $55.00 to $70.00 and gave the company a “buy” rating in a research report on Friday, November 15th. The Goldman Sachs Group upped their target price on shares of Williams Companies from $45.00 to $55.00 and gave the stock a “neutral” rating in a research report on Tuesday, November 26th. Bank of America started coverage on shares of Williams Companies in a research report on Thursday, October 17th. They set a “buy” rating and a $55.00 price target for the company. Finally, CIBC upped their price objective on shares of Williams Companies from $45.00 to $54.00 and gave the stock a “neutral” rating in a report on Tuesday, October 22nd. One analyst has rated the stock with a sell rating, eight have issued a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $52.07.

Williams Companies Stock Down 0.4 %

Williams Companies stock opened at $55.19 on Friday. The Williams Companies, Inc. has a 12 month low of $32.65 and a 12 month high of $60.36. The stock has a fifty day simple moving average of $54.26 and a two-hundred day simple moving average of $47.18. The company has a current ratio of 0.57, a quick ratio of 0.51 and a debt-to-equity ratio of 1.67. The firm has a market cap of $67.28 billion, a price-to-earnings ratio of 23.29, a PEG ratio of 5.69 and a beta of 1.05.

Williams Companies (NYSE:WMB) last issued its earnings results on Wednesday, November 6th. The pipeline company reported $0.43 earnings per share for the quarter, topping analysts’ consensus estimates of $0.42 by $0.01. Williams Companies had a return on equity of 15.89% and a net margin of 27.36%. The business had revenue of $2.65 billion during the quarter, compared to analyst estimates of $2.52 billion. During the same quarter in the previous year, the firm earned $0.45 EPS. Williams Companies’s revenue was up 3.7% on a year-over-year basis. Equities analysts predict that The Williams Companies, Inc. will post 1.92 EPS for the current fiscal year.

Williams Companies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, December 30th. Shareholders of record on Friday, December 13th will be paid a dividend of $0.475 per share. The ex-dividend date is Friday, December 13th. This represents a $1.90 dividend on an annualized basis and a yield of 3.44%. Williams Companies’s dividend payout ratio is presently 80.17%.

Williams Companies Company Profile

The Williams Companies, Inc, together with its subsidiaries, operates as an energy infrastructure company primarily in the United States. It operates through Transmission & Gulf of Mexico, Northeast G&P, West, and Gas & NGL Marketing Services segments. The Transmission & Gulf of Mexico segment comprises natural gas pipelines; Transco, Northwest pipeline, MountainWest, and related natural gas storage facilities; and natural gas gathering and processing, and crude oil production handling and transportation assets in the Gulf Coast region.