Axxcess Wealth Management LLC Has $2.51 Million Position in Williams Companies, Inc. (The) (NYSE:WMB)

Axxcess Wealth Management LLC lowered its stake in shares of Williams Companies, Inc. (The) (NYSE:WMB - Free Report) by 13.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 42,033 shares of the pipeline company's stock after selling 6,429 shares during the period. Axxcess Wealth Management LLC's holdings in Williams Companies were worth $2,512,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also added to or reduced their stakes in the business. EP Wealth Advisors LLC grew its stake in 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 during the last quarter. Castleview Partners LLC increased its holdings in shares of 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 boosted its stake in Williams Companies by 2.7% during the 4th quarter. Napa Wealth Management now owns 7,190 shares of the pipeline company's stock worth $389,000 after purchasing an additional 190 shares during the period. Mirador Capital Partners LP grew its position in Williams Companies by 1.2% during the 1st quarter. Mirador Capital Partners LP now owns 16,712 shares of the pipeline company's stock worth $999,000 after purchasing an additional 196 shares during the last quarter. Finally, Perkins Coie Trust Co raised its holdings in shares of Williams Companies by 13.3% in the first quarter. Perkins Coie Trust Co now owns 1,700 shares of the pipeline company's stock valued at $102,000 after buying an additional 200 shares during the last quarter. Institutional investors 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 Williams Companies stock in a transaction that occurred on Tuesday, July 1st. The shares were sold at an average price of $62.70, for a total value of $125,400.00. Following the transaction, the senior vice president owned 315,645 shares of the company's stock, valued at $19,790,941.50. This trade represents a 0.63% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.44% of the stock is owned by company insiders.

Williams Companies Price Performance

Shares of NYSE WMB traded up $0.45 during mid-day trading on Friday, reaching $58.23. 2,627,517 shares of the company traded hands, compared to its average volume of 7,069,593. The firm has a market cap of $71.00 billion, a PE ratio of 31.16, a price-to-earnings-growth ratio of 4.27 and a beta of 0.65. The company has a debt-to-equity ratio of 1.63, a current ratio of 0.40 and a quick ratio of 0.36. Williams Companies, Inc. has a fifty-two week low of $40.41 and a fifty-two week high of $63.45. The stock has a fifty day simple moving average of $59.41 and a 200-day simple moving average of $57.93.

Williams Companies (NYSE:WMB - Get Free Report) last announced its quarterly earnings data on Monday, May 5th. The pipeline company reported $0.60 earnings per share for the quarter, beating the consensus estimate 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 prior year, the firm posted $0.59 earnings per share. The company's revenue was up 10.0% on a year-over-year basis. Equities research analysts anticipate that Williams Companies, Inc. will post 2.08 EPS for the current fiscal year.

Williams Companies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Friday, June 13th were paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.43%. The ex-dividend date of this dividend was Friday, June 13th. Williams Companies's dividend payout ratio (DPR) is presently 106.95%.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the company. Scotiabank lifted their price objective on Williams Companies from $52.00 to $59.00 and gave the stock a "sector perform" rating in a research report on Thursday, June 5th. Wolfe Research upgraded shares of Williams Companies from an "underperform" rating to a "peer perform" rating in a report on Friday, June 13th. Wells Fargo & Company upped their target price on Williams Companies from $64.00 to $67.00 and gave the company an "overweight" rating in a research note on Wednesday, May 28th. Barclays boosted 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 note on Friday, March 21st. Finally, 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. Eight equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $61.69.

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.