Physician Wealth Advisors Inc. Invests $73,000 in The Williams Companies, Inc. (NYSE:WMB)

Physician Wealth Advisors Inc. purchased a new stake in shares of The Williams Companies, Inc. (NYSE:WMB) during the 4th quarter, Holdings Channel reports. The institutional investor purchased 1,345 shares of the pipeline company’s stock, valued at approximately $73,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Quent Capital LLC bought a new stake in shares of Williams Companies during the 4th quarter valued at $25,000. Bank of Jackson Hole Trust purchased a new position in Williams Companies during the 4th quarter valued at about $25,000. AlphaMark Advisors LLC bought a new stake in Williams Companies during the fourth quarter worth about $27,000. Sandy Spring Bank purchased a new stake in Williams Companies in the fourth quarter worth about $27,000. Finally, Legacy Investment Solutions LLC bought a new position in shares of Williams Companies during the third quarter valued at approximately $30,000. 86.44% of the stock is owned by hedge funds and other institutional investors.

Williams Companies Price Performance

NYSE WMB opened at $59.24 on Monday. The stock has a market capitalization of $72.24 billion, a price-to-earnings ratio of 32.37, a PEG ratio of 5.01 and a beta of 1.03. The Williams Companies, Inc. has a 1-year low of $37.18 and a 1-year high of $61.67. The company has a debt-to-equity ratio of 1.67, a current ratio of 0.50 and a quick ratio of 0.45. The business’s fifty day moving average price is $57.30 and its 200-day moving average price is $54.60.

Williams Companies (NYSE:WMB) last announced its earnings results on Wednesday, February 12th. The pipeline company reported $0.47 earnings per share (EPS) for the quarter, hitting 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 analysts predict that The Williams Companies, Inc. will post 2.08 earnings per share for the current year.

Williams Companies Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be issued a dividend of $0.50 per share. This is a boost from Williams Companies’s previous quarterly dividend of $0.48. This represents a $2.00 dividend on an annualized basis and a yield of 3.38%. The ex-dividend date of this dividend is Friday, March 14th. Williams Companies’s dividend payout ratio is currently 109.29%.

Insiders Place Their Bets

In other news, CAO Mary A. Hausman sold 8,896 shares of the firm’s stock in a transaction dated Tuesday, March 4th. The stock was sold at an average price of $57.50, for a total value of $511,520.00. Following the transaction, the chief accounting officer now owns 22,339 shares of the company’s stock, valued at $1,284,492.50. This trade represents a 28.48 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Larry C. Larsen sold 8,000 shares of the business’s stock in a transaction that occurred on Wednesday, March 12th. The shares were sold at an average price of $56.94, for a total value of $455,520.00. Following the transaction, the senior vice president now owns 81,265 shares of the company’s stock, valued at approximately $4,627,229.10. This trade represents a 8.96 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 139,583 shares of company stock worth $7,563,278. Company insiders own 0.44% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently weighed in on WMB shares. Morgan Stanley upped their price target on Williams Companies from $58.00 to $70.00 and gave the stock an “overweight” rating in a research note on Tuesday, March 25th. Scotiabank increased their target price on Williams Companies from $51.00 to $53.00 and gave the stock a “sector perform” rating in a research note on Thursday, March 6th. Barclays lifted their price target on Williams Companies from $56.00 to $58.00 and gave the stock an “equal weight” rating in a research report on Friday, March 21st. CIBC increased their price objective on shares of Williams Companies from $56.00 to $57.00 and gave the company a “neutral” rating in a research report on Tuesday, March 4th. Finally, Truist Financial lifted their target price on shares of Williams Companies from $56.00 to $60.00 and gave the stock a “hold” rating in a report on Friday, February 14th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $56.07.

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.