Mutual of America Capital Management LLC Sells 6,879 Shares of Williams Companies, Inc. (The) (NYSE:WMB)

Mutual of America Capital Management LLC lessened its holdings in Williams Companies, Inc. (The) (NYSE:WMB - Free Report) by 2.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 260,921 shares of the pipeline company's stock after selling 6,879 shares during the period. Mutual of America Capital Management LLC's holdings in Williams Companies were worth $15,593,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. EP Wealth Advisors LLC lifted its holdings in shares of Williams Companies by 1.0% in the fourth quarter. EP Wealth Advisors LLC now owns 17,889 shares of the pipeline company's stock valued at $968,000 after purchasing an additional 183 shares in the last quarter. Castleview Partners LLC raised its position in Williams Companies by 4.2% in the 1st quarter. Castleview Partners LLC now owns 4,492 shares of the pipeline company's stock valued at $268,000 after buying an additional 183 shares during the last quarter. Napa Wealth Management raised its position in Williams Companies by 2.7% in the 4th quarter. Napa Wealth Management now owns 7,190 shares of the pipeline company's stock valued at $389,000 after buying an additional 190 shares during the last quarter. Mirador Capital Partners LP lifted its stake in Williams Companies by 1.2% in the 1st quarter. Mirador Capital Partners LP now owns 16,712 shares of the pipeline company's stock valued at $999,000 after acquiring an additional 196 shares in the last quarter. Finally, Perkins Coie Trust Co boosted its position in Williams Companies by 13.3% during the 1st quarter. Perkins Coie Trust Co now owns 1,700 shares of the pipeline company's stock worth $102,000 after acquiring an additional 200 shares during the last quarter. 86.44% of the stock is currently owned by institutional investors.

Williams Companies Price Performance

Shares of WMB traded down $0.75 during mid-day trading on Thursday, reaching $57.89. 7,541,097 shares of the stock traded hands, compared to its average volume of 7,024,555. The company has a current ratio of 0.54, a quick ratio of 0.36 and a debt-to-equity ratio of 1.73. Williams Companies, Inc. has a 1 year low of $42.79 and a 1 year high of $63.45. The company has a market cap of $70.59 billion, a price-to-earnings ratio of 29.09, a price-to-earnings-growth ratio of 1.95 and a beta of 0.66. The firm has a fifty day moving average price of $59.37 and a 200 day moving average price of $58.29.

Williams Companies (NYSE:WMB - Get Free Report) last posted its quarterly earnings data on Monday, August 4th. The pipeline company reported $0.46 earnings per share for the quarter, missing the consensus estimate of $0.49 by ($0.03). Williams Companies had a return on equity of 16.23% and a net margin of 21.63%. The company had revenue of $2.78 billion during the quarter, compared to the consensus estimate of $2.90 billion. During the same quarter last year, the company posted $0.43 earnings per share. The firm's revenue for the quarter was up 19.0% on a year-over-year basis. As a group, equities research analysts predict that Williams Companies, Inc. will post 2.08 earnings per share for the current year.

Williams Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 29th. Stockholders of record on Friday, September 12th will be paid a $0.50 dividend. The ex-dividend date of this dividend is Friday, September 12th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.5%. Williams Companies's dividend payout ratio is 100.50%.

Insider Activity

In other news, SVP Terrance Lane Wilson sold 2,000 shares of Williams Companies stock in a transaction dated Friday, August 1st. The stock was sold at an average price of $59.68, for a total value of $119,360.00. Following the transaction, the senior vice president owned 313,645 shares in the company, valued at approximately $18,718,333.60. The trade was a 0.63% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.44% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts have commented on WMB shares. Royal Bank Of Canada reiterated an "outperform" rating and issued a $63.00 price target on shares of Williams Companies in a research note on Tuesday, July 15th. Wolfe Research upgraded shares of Williams Companies from an "underperform" rating to a "peer perform" rating in a research note on Friday, June 13th. Wells Fargo & Company boosted their price target on Williams Companies from $64.00 to $67.00 and gave the stock an "overweight" rating in a research report on Wednesday, May 28th. Scotiabank upped their price objective on Williams Companies from $59.00 to $60.00 and gave the company a "sector perform" rating in a research note on Tuesday, July 15th. Finally, TD Cowen began coverage on Williams Companies in a research note on Monday, July 7th. They set a "buy" rating and a $67.00 target price for the company. Six 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, Williams Companies currently has an average rating of "Moderate Buy" and an average price target of $61.77.

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.