TKG Advisors LLC Sells 11,348 Shares of The Williams Companies, Inc. (NYSE:WMB)

TKG Advisors LLC trimmed its position in The Williams Companies, Inc. (NYSE:WMB) by 20.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 44,579 shares of the pipeline company’s stock after selling 11,348 shares during the quarter. Williams Companies accounts for 1.2% of TKG Advisors LLC’s holdings, making the stock its 26th largest holding. TKG Advisors LLC’s holdings in Williams Companies were worth $2,656,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Baader Bank Aktiengesellschaft boosted its position in shares of Williams Companies by 3.3% during the fourth quarter. Baader Bank Aktiengesellschaft now owns 5,568 shares of the pipeline company’s stock valued at $300,000 after buying an additional 180 shares during the last quarter. Albion Financial Group UT boosted its holdings in Williams Companies by 18.4% during the 4th quarter. Albion Financial Group UT now owns 1,184 shares of the pipeline company’s stock worth $64,000 after acquiring an additional 184 shares during the last quarter. Sprinkle Financial Consultants LLC grew its stake in shares of Williams Companies by 3.8% in the 4th quarter. Sprinkle Financial Consultants LLC now owns 5,073 shares of the pipeline company’s stock worth $275,000 after acquiring an additional 185 shares in the last quarter. GHP Investment Advisors Inc. raised its holdings in shares of Williams Companies by 24.4% in the fourth quarter. GHP Investment Advisors Inc. now owns 995 shares of the pipeline company’s stock valued at $54,000 after purchasing an additional 195 shares during the last quarter. Finally, Brooklyn Investment Group lifted its position in shares of Williams Companies by 2.6% during the third quarter. Brooklyn Investment Group now owns 7,817 shares of the pipeline company’s stock valued at $357,000 after purchasing an additional 197 shares in the last quarter. Institutional investors and hedge funds own 86.44% of the company’s stock.

Wall Street Analysts Forecast Growth

WMB has been the subject of a number of recent analyst reports. The Goldman Sachs Group upped their price objective on Williams Companies from $45.00 to $55.00 and gave the company a “neutral” rating in a research note on Tuesday, November 26th. UBS Group boosted their target price on shares of Williams Companies from $55.00 to $70.00 and gave the company a “buy” rating in a research note on Friday, November 15th. Scotiabank reiterated a “sector perform” rating and issued a $51.00 price objective on shares of Williams Companies in a research note on Friday, January 10th. Mizuho raised their target price on Williams Companies from $47.00 to $56.00 and gave the stock an “outperform” rating in a research report on Monday, November 4th. Finally, Barclays increased their price target on Williams Companies from $46.00 to $56.00 and gave the stock an “equal weight” rating in a research note on Friday, January 10th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $53.29.

Williams Companies Trading Up 1.4 %

Shares of WMB stock opened at $57.78 on Wednesday. The company has a market capitalization of $70.44 billion, a PE ratio of 31.57, a price-to-earnings-growth ratio of 5.07 and a beta of 1.04. The Williams Companies, Inc. has a 52-week low of $33.85 and a 52-week high of $61.46. The business’s fifty day moving average is $55.97 and its 200 day moving average is $51.98. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.45 and a current ratio of 0.50.

Williams Companies (NYSE:WMB) last released its quarterly earnings results on Wednesday, February 12th. The pipeline company reported $0.47 earnings per share for the quarter, meeting the consensus estimate of $0.47. Williams Companies had a return on equity of 15.85% and a net margin of 21.17%. On average, equities research analysts anticipate that The Williams Companies, Inc. will post 2.06 EPS for the current fiscal year.

Williams Companies Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be issued a $0.50 dividend. This is a positive change from Williams Companies’s previous quarterly dividend of $0.48. The ex-dividend date is Friday, March 14th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.46%. Williams Companies’s dividend payout ratio is presently 103.83%.

About Williams Companies

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.