Williams Companies, Inc. (The) (NYSE:WMB) Shares Sold by Choreo LLC

Choreo LLC reduced its stake in Williams Companies, Inc. (The) (NYSE:WMB - Free Report) by 16.6% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 35,024 shares of the pipeline company's stock after selling 6,960 shares during the quarter. Choreo LLC's holdings in Williams Companies were worth $2,093,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. EP Wealth Advisors LLC increased its holdings in shares of Williams Companies by 1.0% during the 4th 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 grew its stake 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 acquiring an additional 183 shares during the period. Napa Wealth Management grew its stake 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 acquiring an additional 190 shares during the period. Mirador Capital Partners LP grew 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 during the period. Finally, Perkins Coie Trust Co grew its stake in Williams Companies by 13.3% in the 1st quarter. Perkins Coie Trust Co now owns 1,700 shares of the pipeline company's stock valued at $102,000 after acquiring an additional 200 shares during the period. Institutional investors and hedge funds own 86.44% of the company's stock.

Insider Transactions at Williams Companies

In other Williams Companies news, SVP Terrance Lane Wilson sold 2,000 shares of the business's stock in a transaction dated Tuesday, July 1st. The shares were sold at an average price of $62.70, for a total transaction of $125,400.00. Following the sale, the senior vice president directly owned 315,645 shares in the company, valued at $19,790,941.50. This 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 is available at the SEC website. 0.44% of the stock is owned by company insiders.

Analysts Set New Price Targets

WMB has been the topic of a number of research analyst reports. Wolfe Research raised shares of Williams Companies from an "underperform" rating to a "peer perform" rating in a research note on Friday, June 13th. Royal Bank Of Canada reaffirmed an "outperform" rating and set a $63.00 target price on shares of Williams Companies in a research note on Tuesday, July 15th. Scotiabank lifted their target price on shares of Williams Companies from $59.00 to $60.00 and gave the stock a "sector perform" rating in a research note on Tuesday, July 15th. Wells Fargo & Company lifted their target price on shares of Williams Companies from $64.00 to $67.00 and gave the stock an "overweight" rating in a research note on Wednesday, May 28th. Finally, TD Cowen initiated coverage on shares of Williams Companies in a research note on Monday, July 7th. They set a "buy" rating and a $67.00 target price on the stock. Eight 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 presently has an average rating of "Moderate Buy" and a consensus price target of $61.77.

Williams Companies Trading Down 1.5%

WMB traded down $0.91 on Friday, hitting $57.85. The company had a trading volume of 4,957,534 shares, compared to its average volume of 7,834,544. The firm has a market cap of $70.53 billion, a P/E ratio of 30.93, a PEG ratio of 1.93 and a beta of 0.65. Williams Companies, Inc. has a 1 year low of $40.41 and a 1 year high of $63.45. The company's fifty day moving average price is $59.38 and its 200 day moving average price is $58.18. The company has a current ratio of 0.40, a quick ratio of 0.36 and a debt-to-equity ratio of 1.63.

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

Williams Companies Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Friday, June 13th were paid a dividend of $0.50 per share. The ex-dividend date of this dividend was Friday, June 13th. This represents a $2.00 dividend on an annualized basis and a yield of 3.46%. Williams Companies's dividend payout ratio (DPR) is presently 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.