Little House Capital LLC Cuts Position in Williams Companies, Inc. (The) (NYSE:WMB)

Little House Capital LLC trimmed its position in Williams Companies, Inc. (The) (NYSE:WMB - Free Report) by 9.8% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 41,852 shares of the pipeline company's stock after selling 4,555 shares during the quarter. Little House Capital LLC's holdings in Williams Companies were worth $2,501,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Brighton Jones LLC raised 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 valued at $740,000 after buying an additional 3,969 shares during the period. IFP Advisors Inc raised its holdings in shares of Williams Companies by 35.6% during the 4th quarter. IFP Advisors Inc now owns 7,181 shares of the pipeline company's stock valued at $389,000 after buying an additional 1,885 shares during the period. NewEdge Wealth LLC raised its holdings in shares of Williams Companies by 4.6% during the 4th quarter. NewEdge Wealth LLC now owns 97,818 shares of the pipeline company's stock valued at $5,294,000 after buying an additional 4,274 shares during the period. Whipplewood Advisors LLC purchased a new stake in shares of Williams Companies during the 4th quarter valued at about $170,000. Finally, New York Life Investment Management LLC raised its holdings in shares of Williams Companies by 0.3% during the 4th quarter. New York Life Investment Management LLC now owns 180,825 shares of the pipeline company's stock valued at $9,786,000 after buying an additional 512 shares during the period. 86.44% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages recently commented on WMB. Barclays raised their target price on Williams Companies from $56.00 to $58.00 and gave the company an "equal weight" rating in a report on Friday, March 21st. Scotiabank raised their target price on Williams Companies from $52.00 to $59.00 and gave the company a "sector perform" rating in a report on Thursday, June 5th. CIBC lifted their price objective on Williams Companies from $56.00 to $57.00 and gave the stock a "neutral" rating in a report on Tuesday, March 4th. Morgan Stanley lifted their price objective on Williams Companies from $58.00 to $70.00 and gave the stock an "overweight" rating in a report on Tuesday, March 25th. Finally, Royal Bank Of Canada restated an "outperform" rating and set a $63.00 price objective on shares of Williams Companies in a report on Friday, May 16th. Eight equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $61.25.

Williams Companies Price Performance

Shares of WMB opened at $62.69 on Friday. Williams Companies, Inc. has a 52 week low of $40.41 and a 52 week high of $63.18. The firm has a market cap of $76.45 billion, a price-to-earnings ratio of 33.53, a PEG ratio of 4.64 and a beta of 0.65. The company has a current ratio of 0.40, a quick ratio of 0.36 and a debt-to-equity ratio of 1.63. The stock has a 50 day moving average of $59.39 and a 200-day moving average of $57.62.

Williams Companies (NYSE:WMB - Get Free Report) last released its quarterly earnings data on Monday, May 5th. The pipeline company reported $0.60 earnings per share (EPS) for the quarter, beating 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 business 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 posted $0.59 EPS. The business's revenue for the quarter was up 10.0% compared to the same quarter last year. As a group, analysts forecast that Williams Companies, Inc. will post 2.08 EPS for the current year.

Williams Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 13th will be given a dividend of $0.50 per share. The ex-dividend date is Friday, June 13th. This represents a $2.00 dividend on an annualized basis and a yield of 3.19%. Williams Companies's dividend payout ratio is currently 106.95%.

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.

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