Williams Companies, Inc. (The) (NYSE:WMB) Shares Purchased by Fort Washington Investment Advisors Inc. OH

Fort Washington Investment Advisors Inc. OH boosted its position in Williams Companies, Inc. (The) (NYSE:WMB - Free Report) by 112.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 37,764 shares of the pipeline company's stock after acquiring an additional 19,962 shares during the quarter. Fort Washington Investment Advisors Inc. OH's holdings in Williams Companies were worth $2,257,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC grew its holdings in shares of Williams Companies by 40.9% during the 4th quarter. Brighton Jones LLC now owns 13,680 shares of the pipeline company's stock worth $740,000 after purchasing an additional 3,969 shares during the period. Savant Capital LLC grew its stake in Williams Companies by 20.2% during the fourth quarter. Savant Capital LLC now owns 20,184 shares of the pipeline company's stock worth $1,092,000 after buying an additional 3,395 shares during the period. Stonebridge Financial Group LLC purchased a new stake in Williams Companies during the fourth quarter worth approximately $49,000. Quent Capital LLC acquired a new stake in shares of Williams Companies in the fourth quarter worth $25,000. Finally, Gladstone Institutional Advisory LLC purchased a new position in shares of Williams Companies in the 4th quarter valued at $216,000. Institutional investors and hedge funds own 86.44% of the company's stock.

Analyst Ratings Changes

Several brokerages recently issued reports on WMB. Morgan Stanley increased their price target on Williams Companies from $58.00 to $70.00 and gave the company an "overweight" rating in a report on Tuesday, March 25th. CIBC increased their target price on Williams Companies from $56.00 to $57.00 and gave the company a "neutral" rating in a research note on Tuesday, March 4th. Scotiabank boosted their price target on Williams Companies from $52.00 to $59.00 and gave the stock a "sector perform" rating in a research report on Thursday, June 5th. Royal Bank Of Canada reiterated an "outperform" rating and set a $63.00 price objective on shares of Williams Companies in a research note on Friday, May 16th. Finally, Wells Fargo & Company boosted their target price on shares of Williams Companies from $64.00 to $67.00 and gave the stock an "overweight" rating in a research report on Wednesday, May 28th. Eight 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 presently has an average rating of "Moderate Buy" and a consensus target price of $61.25.

Williams Companies Stock Down 1.1%

Shares of Williams Companies stock traded down $0.67 during trading on Tuesday, reaching $58.48. The company had a trading volume of 7,467,369 shares, compared to its average volume of 6,800,338. The company has a debt-to-equity ratio of 1.63, a quick ratio of 0.36 and a current ratio of 0.40. The company has a market cap of $71.31 billion, a price-to-earnings ratio of 31.27, a price-to-earnings-growth ratio of 4.37 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 firm's fifty day moving average is $58.84 and its 200-day moving average is $57.37.

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

Williams Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 13th will be paid a dividend of $0.50 per share. The ex-dividend date is Friday, June 13th. This represents a $2.00 annualized dividend and a yield of 3.42%. Williams Companies's dividend payout ratio (DPR) is 106.95%.

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.