Banco Bilbao Vizcaya Argentaria S.A. Sells 12,221 Shares of The Williams Companies, Inc. (NYSE:WMB)

Banco Bilbao Vizcaya Argentaria S.A. trimmed its position in shares of The Williams Companies, Inc. (NYSE:WMB - Free Report) by 3.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 333,950 shares of the pipeline company's stock after selling 12,221 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A.'s holdings in Williams Companies were worth $18,073,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in WMB. Baader Bank Aktiengesellschaft raised its stake in Williams Companies by 3.3% in the fourth quarter. Baader Bank Aktiengesellschaft now owns 5,568 shares of the pipeline company's stock valued at $300,000 after purchasing an additional 180 shares in the last quarter. Albion Financial Group UT raised its position in shares of Williams Companies by 18.4% in the 4th quarter. Albion Financial Group UT now owns 1,184 shares of the pipeline company's stock valued at $64,000 after buying an additional 184 shares in the last quarter. Sprinkle Financial Consultants LLC lifted its holdings in shares of Williams Companies by 3.8% during 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 during the period. AMG National Trust Bank boosted its position in shares of Williams Companies by 0.6% during the 4th quarter. AMG National Trust Bank now owns 30,813 shares of the pipeline company's stock worth $1,669,000 after acquiring an additional 186 shares in the last quarter. Finally, Tower Wealth Partners Inc. increased its stake in Williams Companies by 4.3% in the fourth quarter. Tower Wealth Partners Inc. now owns 4,591 shares of the pipeline company's stock valued at $248,000 after acquiring an additional 191 shares during the last quarter. Institutional investors own 86.44% of the company's stock.

Insider Buying and Selling

In other Williams Companies news, SVP Larry C. Larsen sold 8,000 shares of the business's stock in a transaction on Wednesday, March 12th. The shares were sold at an average price of $56.94, for a total transaction of $455,520.00. Following the completion of the sale, the senior vice president now owns 81,265 shares in the company, valued at approximately $4,627,229.10. The trade was a 8.96 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, SVP Chad A. Teply sold 26,000 shares of the firm's stock in a transaction on Thursday, February 27th. The shares were sold at an average price of $56.46, for a total transaction of $1,467,960.00. Following the completion of the transaction, the senior vice president now directly owns 133,048 shares in the company, valued at $7,511,890.08. This trade represents a 16.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 139,583 shares of company stock valued at $7,563,278. 0.44% of the stock is owned by company insiders.

Williams Companies Trading Up 0.2 %

NYSE:WMB traded up $0.12 on Tuesday, reaching $59.78. 1,648,301 shares of the stock traded hands, compared to its average volume of 6,609,611. The firm has a market capitalization of $72.89 billion, a price-to-earnings ratio of 32.65, a price-to-earnings-growth ratio of 5.01 and a beta of 0.87. The Williams Companies, Inc. has a 1-year low of $37.69 and a 1-year high of $61.67. The company has a current ratio of 0.50, a quick ratio of 0.45 and a debt-to-equity ratio of 1.67. The company's 50 day moving average is $57.62 and its 200-day moving average is $56.29.

Williams Companies (NYSE:WMB - Get Free Report) last issued its quarterly earnings results on Wednesday, February 12th. The pipeline company reported $0.47 EPS for the quarter, meeting analysts' consensus estimates of $0.47. Williams Companies had a net margin of 21.17% and a return on equity of 15.85%. Equities research analysts anticipate that The Williams Companies, Inc. will post 2.08 EPS for the current fiscal year.

Williams Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, June 13th will be paid a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 3.35%. Williams Companies's dividend payout ratio is currently 109.29%.

Wall Street Analyst Weigh In

WMB has been the topic of a number of research analyst reports. Morgan Stanley raised their target price on Williams Companies from $58.00 to $70.00 and gave the company an "overweight" rating in a report on Tuesday, March 25th. CIBC lifted their target price on Williams Companies from $56.00 to $57.00 and gave the company a "neutral" rating in a research report on Tuesday, March 4th. Barclays increased their target price on shares of Williams Companies from $56.00 to $58.00 and gave the stock an "equal weight" rating in a report on Friday, March 21st. Truist Financial lifted their price target on shares of Williams Companies from $56.00 to $60.00 and gave the company a "hold" rating in a report on Friday, February 14th. Finally, Royal Bank of Canada raised their target price on shares of Williams Companies from $62.00 to $63.00 and gave the company an "outperform" rating in a research report on Tuesday, March 4th. Eight equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $57.77.

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.