The Williams Companies, Inc. (NYSE:WMB) Shares Bought by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC increased its position in The Williams Companies, Inc. (NYSE:WMB) by 0.3% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 386,021 shares of the pipeline company’s stock after acquiring an additional 1,005 shares during the period. Nisa Investment Advisors LLC’s holdings in Williams Companies were worth $16,406,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Vontobel Holding Ltd. grew its holdings in Williams Companies by 8.6% in the 4th quarter. Vontobel Holding Ltd. now owns 42,090 shares of the pipeline company’s stock worth $1,466,000 after buying an additional 3,344 shares in the last quarter. Strs Ohio grew its stake in shares of Williams Companies by 37.3% in the fourth quarter. Strs Ohio now owns 58,418 shares of the pipeline company’s stock worth $2,034,000 after purchasing an additional 15,872 shares in the last quarter. Xponance Inc. increased its holdings in shares of Williams Companies by 0.9% during the fourth quarter. Xponance Inc. now owns 180,735 shares of the pipeline company’s stock valued at $6,295,000 after purchasing an additional 1,603 shares during the period. Greenleaf Trust raised its stake in shares of Williams Companies by 17.8% during the fourth quarter. Greenleaf Trust now owns 22,456 shares of the pipeline company’s stock valued at $782,000 after purchasing an additional 3,395 shares in the last quarter. Finally, Onyx Bridge Wealth Group LLC acquired a new stake in Williams Companies in the fourth quarter worth about $216,000. 86.44% of the stock is currently owned by institutional investors.

Williams Companies Stock Up 2.0 %

NYSE WMB opened at $45.02 on Tuesday. The stock’s 50 day simple moving average is $42.71 and its 200 day simple moving average is $39.65. The company has a debt-to-equity ratio of 1.64, a current ratio of 0.45 and a quick ratio of 0.39. The Williams Companies, Inc. has a one year low of $32.49 and a one year high of $45.10. The firm has a market cap of $54.87 billion, a PE ratio of 18.92, a price-to-earnings-growth ratio of 6.09 and a beta of 1.05.

Williams Companies (NYSE:WMB) last released its earnings results on Monday, August 5th. The pipeline company reported $0.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.38 by $0.05. Williams Companies had a net margin of 27.11% and a return on equity of 16.17%. The company had revenue of $2.34 billion for the quarter, compared to the consensus estimate of $2.46 billion. During the same period in the prior year, the company posted $0.42 EPS. The company’s revenue was down 5.9% compared to the same quarter last year. As a group, sell-side analysts forecast 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 announced a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Friday, September 13th will be paid a $0.475 dividend. This represents a $1.90 dividend on an annualized basis and a yield of 4.22%. The ex-dividend date is Friday, September 13th. Williams Companies’s payout ratio is presently 79.83%.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. Argus raised Williams Companies from a “hold” rating to a “buy” rating in a report on Thursday, June 20th. Scotiabank upped their price objective on Williams Companies from $43.00 to $48.00 and gave the company a “sector perform” rating in a report on Thursday, August 8th. Seaport Res Ptn lowered Williams Companies from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 30th. Morgan Stanley boosted their price target on shares of Williams Companies from $45.00 to $48.00 and gave the stock an “equal weight” rating in a research report on Monday, June 10th. Finally, Wells Fargo & Company upgraded shares of Williams Companies from an “equal weight” rating to an “overweight” rating and raised their price objective for the company from $38.00 to $46.00 in a research report on Tuesday, June 4th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $42.58.

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.