The Williams Companies, Inc. (NYSE:WMB) Shares Acquired by SOA Wealth Advisors LLC.

SOA Wealth Advisors LLC. lifted its position in shares of The Williams Companies, Inc. (NYSE:WMB - Free Report) by 3,004.7% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 18,318 shares of the pipeline company's stock after buying an additional 17,728 shares during the period. SOA Wealth Advisors LLC.'s holdings in Williams Companies were worth $1,095,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Quent Capital LLC purchased a new position in shares of Williams Companies during the 4th quarter worth approximately $25,000. Bank of Jackson Hole Trust purchased a new position in shares of Williams Companies during the 4th quarter worth approximately $25,000. Menard Financial Group LLC purchased a new position in shares of Williams Companies during the 4th quarter worth approximately $26,000. Sandy Spring Bank purchased a new position in shares of Williams Companies during the 4th quarter worth approximately $27,000. Finally, Hoey Investments Inc. purchased a new position in shares of Williams Companies during the 4th quarter worth approximately $28,000. Institutional investors and hedge funds own 86.44% of the company's stock.

Insider Activity at Williams Companies

In related news, SVP Larry C. Larsen sold 8,000 shares of the business's stock in a transaction on Wednesday, March 12th. The shares were sold at an average price of $56.94, for a total value of $455,520.00. Following the completion of the sale, the senior vice president now directly owns 81,265 shares of the company's stock, valued at $4,627,229.10. The trade was a 8.96% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.44% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

WMB has been the subject of a number of research analyst reports. Barclays increased their price objective on shares of Williams Companies from $56.00 to $58.00 and gave the stock an "equal weight" rating in a research report on Friday, March 21st. Citigroup raised their price target on shares of Williams Companies from $63.00 to $65.00 and gave the company a "buy" rating in a research report on Tuesday, February 25th. Morgan Stanley raised their price target on shares of 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 reissued an "outperform" rating and issued a $63.00 price target on shares of Williams Companies in a research report on Friday, May 16th. Finally, CIBC raised their price target on shares of Williams Companies from $56.00 to $57.00 and gave the company a "neutral" rating in a research report on Tuesday, March 4th. Seven investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $61.25.

Williams Companies Price Performance

Williams Companies stock opened at $60.56 on Friday. The stock has a market cap of $73.84 billion, a P/E ratio of 33.09, a price-to-earnings-growth ratio of 5.01 and a beta of 0.65. The company has a fifty day simple moving average of $58.43 and a 200-day simple moving average of $57.34. The Williams Companies, Inc. has a 12-month low of $40.41 and a 12-month high of $61.67. The company has a current ratio of 0.50, a quick ratio of 0.45 and a debt-to-equity ratio of 1.67.

Williams Companies (NYSE:WMB - Get Free Report) last announced its quarterly earnings results on Monday, May 5th. The pipeline company reported $0.60 earnings per share for the quarter, beating analysts' consensus estimates of $0.55 by $0.05. Williams Companies had a net margin of 21.17% and a return on equity of 15.85%. The firm had revenue of $3.05 billion during the quarter, compared to analysts' expectations of $2.90 billion. During the same period in the previous year, the company earned $0.59 earnings per share. Williams Companies's quarterly revenue was up 10.0% compared to the same quarter last year. Equities analysts expect that The Williams Companies, Inc. will post 2.08 EPS for the current fiscal year.

Williams Companies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 13th will be given 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 3.30%. Williams Companies's dividend payout ratio (DPR) is presently 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.

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