Prospera Financial Services Inc Has $626,000 Stock Position in The Williams Companies, Inc. (NYSE:WMB)

Prospera Financial Services Inc lifted its holdings in shares of The Williams Companies, Inc. (NYSE:WMB) by 7.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 13,714 shares of the pipeline company’s stock after purchasing an additional 917 shares during the quarter. Prospera Financial Services Inc’s holdings in Williams Companies were worth $626,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Brendel Financial Advisors LLC boosted its holdings in shares of Williams Companies by 0.8% during the 3rd quarter. Brendel Financial Advisors LLC now owns 51,927 shares of the pipeline company’s stock worth $2,370,000 after buying an additional 419 shares during the period. Valley National Advisers Inc. boosted its holdings in shares of Williams Companies by 1,855.7% during the 3rd quarter. Valley National Advisers Inc. now owns 42,029 shares of the pipeline company’s stock worth $1,918,000 after buying an additional 39,880 shares during the period. Swiss National Bank boosted its holdings in shares of Williams Companies by 0.3% during the 3rd quarter. Swiss National Bank now owns 3,617,300 shares of the pipeline company’s stock worth $165,130,000 after buying an additional 9,800 shares during the period. Czech National Bank boosted its holdings in shares of Williams Companies by 6.9% during the 3rd quarter. Czech National Bank now owns 248,309 shares of the pipeline company’s stock worth $11,335,000 after buying an additional 16,064 shares during the period. Finally, Kennebec Savings Bank bought a new stake in shares of Williams Companies during the 3rd quarter worth $1,004,000. Institutional investors and hedge funds own 86.44% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the stock. CIBC increased their price target on shares of Williams Companies from $45.00 to $54.00 and gave the company a “neutral” rating in a report on Tuesday, October 22nd. StockNews.com downgraded shares of Williams Companies from a “buy” rating to a “hold” rating in a report on Tuesday, August 6th. Seaport Res Ptn downgraded shares of Williams Companies from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 30th. Morgan Stanley raised shares of Williams Companies from an “equal weight” rating to an “overweight” rating and increased their price target for the company from $52.00 to $58.00 in a report on Friday, October 4th. Finally, Scotiabank increased their price target on shares of Williams Companies from $43.00 to $48.00 and gave the company a “sector perform” rating in a report on Thursday, August 8th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $51.54.

Williams Companies Trading Down 0.2 %

Shares of Williams Companies stock opened at $59.65 on Friday. The stock has a market capitalization of $72.71 billion, a P/E ratio of 25.17, a price-to-earnings-growth ratio of 6.15 and a beta of 1.03. The company has a quick ratio of 0.51, a current ratio of 0.57 and a debt-to-equity ratio of 1.67. The company has a 50-day simple moving average of $51.35 and a 200 day simple moving average of $45.69. The Williams Companies, Inc. has a 12-month low of $32.65 and a 12-month high of $60.36.

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

Williams Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 30th. Shareholders of record on Friday, December 13th will be given a $0.475 dividend. This represents a $1.90 annualized dividend and a yield of 3.19%. The ex-dividend date of this dividend is Friday, December 13th. Williams Companies’s payout ratio is presently 80.17%.

Insider Buying and Selling at Williams Companies

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

Williams Companies 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.