Vontobel Holding Ltd. Sells 6,102 Shares of Williams Companies, Inc. (The) (NYSE:WMB)

Vontobel Holding Ltd. lowered its position in shares of Williams Companies, Inc. (The) (NYSE:WMB - Free Report) by 10.9% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 49,693 shares of the pipeline company's stock after selling 6,102 shares during the quarter. Vontobel Holding Ltd.'s holdings in Williams Companies were worth $2,970,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Menard Financial Group LLC acquired a new position in Williams Companies during the fourth quarter worth $26,000. HWG Holdings LP acquired a new position in shares of Williams Companies during the 1st quarter worth about $26,000. Sandy Spring Bank bought a new position in shares of Williams Companies in the 4th quarter valued at about $27,000. Hoey Investments Inc. bought a new position in shares of Williams Companies in the 4th quarter valued at about $28,000. Finally, Transce3nd LLC acquired a new stake in shares of Williams Companies in the fourth quarter valued at about $35,000. Institutional investors and hedge funds own 86.44% of the company's stock.

Insider Transactions at Williams Companies

In other news, SVP Terrance Lane Wilson sold 2,000 shares of the firm's stock in a transaction that occurred on Tuesday, July 1st. The shares were 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 of the company's stock, valued at approximately $19,790,941.50. This trade represents a 0.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.44% of the stock is owned by corporate insiders.

Williams Companies Stock Performance

Shares of NYSE:WMB traded down $0.68 during trading on Friday, reaching $58.47. 4,606,763 shares of the stock were exchanged, compared to its average volume of 7,028,907. Williams Companies, Inc. has a 12 month low of $40.41 and a 12 month high of $63.45. The stock has a 50-day moving average price of $59.52 and a 200-day moving average price of $57.76. 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 firm has a market cap of $71.29 billion, a PE ratio of 31.26, a PEG ratio of 4.37 and a beta of 0.65.

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

Williams Companies Announces Dividend

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

Wall Street Analysts Forecast Growth

WMB has been the subject of a number of analyst reports. Barclays raised their price target on Williams Companies from $56.00 to $58.00 and gave the company an "equal weight" rating in a research note on Friday, March 21st. Morgan Stanley raised their target price on shares of Williams Companies from $58.00 to $70.00 and gave the company an "overweight" rating in a research note on Tuesday, March 25th. Scotiabank boosted their target price on shares of Williams Companies from $52.00 to $59.00 and gave the stock a "sector perform" rating in a report on Thursday, June 5th. 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 Friday, May 16th. Finally, Wolfe Research upgraded shares of Williams Companies from an "underperform" rating to a "peer perform" rating in a research note on Friday, June 13th. Eight research analysts have rated the stock with a hold rating and seven have given a buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $61.25.

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.