16,346 Shares in Williams Companies, Inc. (The) (NYSE:WMB) Acquired by Good Steward Wealth Advisors LLC

Good Steward Wealth Advisors LLC purchased a new position in shares of Williams Companies, Inc. (The) (NYSE:WMB - Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 16,346 shares of the pipeline company's stock, valued at approximately $977,000. Williams Companies comprises approximately 0.9% of Good Steward Wealth Advisors LLC's holdings, making the stock its 23rd biggest position.

Several other large investors have also modified their holdings of WMB. Bank of Jackson Hole Trust acquired a new stake in Williams Companies during the fourth quarter worth approximately $25,000. Menard Financial Group LLC acquired a new stake in shares of Williams Companies in the fourth quarter worth approximately $26,000. Sandy Spring Bank acquired a new position in shares of Williams Companies in the 4th quarter valued at $27,000. Hoey Investments Inc. acquired a new stake in shares of Williams Companies during the 4th quarter worth $28,000. Finally, Compass Planning Associates Inc acquired a new position in Williams Companies in the fourth quarter valued at $30,000. Hedge funds and other institutional investors own 86.44% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on WMB. Citigroup boosted their target price on Williams Companies from $63.00 to $65.00 and gave the stock a "buy" rating in a report on Tuesday, February 25th. Morgan Stanley boosted their price objective on shares of Williams Companies from $58.00 to $70.00 and gave the stock an "overweight" rating in a research note on Tuesday, March 25th. Wells Fargo & Company raised their target price on shares of Williams Companies from $64.00 to $67.00 and gave the company an "overweight" rating in a research note on Wednesday, May 28th. CIBC lifted their target price on shares of Williams Companies from $56.00 to $57.00 and gave the company a "neutral" rating in a report on Tuesday, March 4th. Finally, Scotiabank increased their price target on Williams Companies from $52.00 to $59.00 and gave the company a "sector perform" rating in a report on Thursday, June 5th. Eight investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat, Williams Companies presently has an average rating of "Moderate Buy" and an average price target of $61.25.

Williams Companies Stock Performance

Shares of WMB traded up $1.32 during mid-day trading on Friday, hitting $60.44. The stock had a trading volume of 14,263,493 shares, compared to its average volume of 6,842,292. The company has a quick ratio of 0.36, a current ratio of 0.40 and a debt-to-equity ratio of 1.63. The company has a market cap of $73.70 billion, a PE ratio of 32.32, a PEG ratio of 4.36 and a beta of 0.65. Williams Companies, Inc. has a fifty-two week low of $40.41 and a fifty-two week high of $61.67. The company's fifty day simple moving average is $58.97 and its two-hundred day simple moving average is $57.40.

Williams Companies (NYSE:WMB - Get Free Report) last released its earnings results on Monday, May 5th. The pipeline company reported $0.60 earnings per share for the quarter, beating the consensus estimate of $0.55 by $0.05. Williams Companies had a net margin of 21.18% and a return on equity of 15.95%. The firm had revenue of $3.05 billion during the quarter, compared to analyst estimates of $2.90 billion. During the same quarter in the previous year, the firm earned $0.59 earnings per share. The firm's revenue for the quarter was up 10.0% compared to the same quarter last year. On average, equities analysts expect that Williams Companies, Inc. will post 2.08 earnings per share for the current year.

Williams Companies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, June 13th will be issued a $0.50 dividend. The ex-dividend date is Friday, June 13th. This represents a $2.00 dividend on an annualized basis and a yield of 3.31%. Williams Companies's dividend payout ratio is currently 106.95%.

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.