Bryn Mawr Capital Management LLC Takes Position in Williams Companies, Inc. (The) (NYSE:WMB)

Bryn Mawr Capital Management LLC acquired a new stake in Williams Companies, Inc. (The) (NYSE:WMB - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 4,426 shares of the pipeline company's stock, valued at approximately $265,000.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Bridgewater Advisors Inc. acquired a new position in Williams Companies in the 1st quarter worth about $241,000. Larson Financial Group LLC raised its holdings in Williams Companies by 2.0% in the 1st quarter. Larson Financial Group LLC now owns 105,422 shares of the pipeline company's stock worth $6,300,000 after purchasing an additional 2,045 shares during the period. Sage Mountain Advisors LLC raised its holdings in Williams Companies by 4.4% in the 1st quarter. Sage Mountain Advisors LLC now owns 16,591 shares of the pipeline company's stock worth $992,000 after purchasing an additional 692 shares during the period. Wealthfront Advisers LLC raised its holdings in Williams Companies by 6.6% in the 1st quarter. Wealthfront Advisers LLC now owns 218,625 shares of the pipeline company's stock worth $13,065,000 after purchasing an additional 13,470 shares during the period. Finally, Graybill Wealth Management LTD. acquired a new position in Williams Companies in the 1st quarter worth about $8,556,000. Institutional investors and hedge funds own 86.44% of the company's stock.

Wall Street Analysts Forecast Growth

WMB has been the subject of several research reports. TD Cowen initiated coverage on Williams Companies in a research note on Monday, July 7th. They set a "buy" rating and a $67.00 price objective for the company. Morgan Stanley upped their price target on Williams Companies from $58.00 to $70.00 and gave the company an "overweight" rating in a research report on Tuesday, March 25th. Royal Bank Of Canada restated an "outperform" rating and issued a $63.00 price target on shares of Williams Companies in a research report on Tuesday. Wolfe Research upgraded Williams Companies from an "underperform" rating to a "peer perform" rating in a research report on Friday, June 13th. Finally, Wells Fargo & Company upped their price target on Williams Companies from $64.00 to $67.00 and gave the company an "overweight" rating in a research report on Wednesday, May 28th. Eight investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $61.77.

Williams Companies Trading Up 2.2%

WMB traded up $1.29 during trading hours on Friday, reaching $59.38. The company's stock had a trading volume of 7,919,170 shares, compared to its average volume of 7,903,635. Williams Companies, Inc. has a fifty-two week low of $40.41 and a fifty-two week high of $63.45. The stock has a market cap of $72.41 billion, a PE ratio of 31.75, a P/E/G ratio of 4.33 and a beta of 0.65. The business's 50-day moving average is $59.36 and its 200-day moving average is $58.08. The company has a debt-to-equity ratio of 1.63, a current ratio of 0.40 and a quick ratio of 0.36.

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

Williams Companies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Friday, June 13th were paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 3.37%. The ex-dividend date was Friday, June 13th. Williams Companies's dividend payout ratio (DPR) is 106.95%.

Insider Buying and Selling

In other Williams Companies news, SVP Terrance Lane Wilson sold 2,000 shares of the company's stock in a transaction on Tuesday, July 1st. The stock was sold at an average price of $62.70, for a total transaction of $125,400.00. Following the transaction, the senior vice president directly owned 315,645 shares in the company, valued at $19,790,941.50. This represents a 0.63% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.44% of the stock is owned by company insiders.

Williams Companies 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.