MGO One Seven LLC Acquires 15,357 Shares of The Williams Companies, Inc. (NYSE:WMB)

MGO One Seven LLC lifted its holdings in shares of The Williams Companies, Inc. (NYSE:WMB - Free Report) by 23.2% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 81,428 shares of the pipeline company's stock after acquiring an additional 15,357 shares during the period. MGO One Seven LLC's holdings in Williams Companies were worth $4,407,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently added to or reduced their stakes in the company. Norges Bank acquired a new stake in Williams Companies in the 4th quarter valued at about $575,103,000. Marshall Wace LLP increased its position in Williams Companies by 2,303.2% in the 4th quarter. Marshall Wace LLP now owns 3,517,336 shares of the pipeline company's stock valued at $190,358,000 after acquiring an additional 3,370,974 shares in the last quarter. Amundi increased its position in Williams Companies by 28.8% in the 4th quarter. Amundi now owns 8,781,963 shares of the pipeline company's stock valued at $495,215,000 after acquiring an additional 1,964,421 shares in the last quarter. Assenagon Asset Management S.A. increased its position in Williams Companies by 3,490.2% in the 4th quarter. Assenagon Asset Management S.A. now owns 1,600,239 shares of the pipeline company's stock valued at $86,605,000 after acquiring an additional 1,555,667 shares in the last quarter. Finally, CANADA LIFE ASSURANCE Co increased its position in Williams Companies by 94.9% in the 4th quarter. CANADA LIFE ASSURANCE Co now owns 2,873,894 shares of the pipeline company's stock valued at $155,430,000 after acquiring an additional 1,399,161 shares in the last quarter. 86.44% of the stock is owned by institutional investors.

Williams Companies Stock Down 0.1 %

Shares of NYSE:WMB traded down $0.07 during midday trading on Tuesday, reaching $59.59. The company had a trading volume of 1,404,646 shares, compared to its average volume of 6,608,622. The company has a quick ratio of 0.45, a current ratio of 0.50 and a debt-to-equity ratio of 1.67. The business's 50 day moving average price is $57.62 and its 200 day moving average price is $56.29. The stock has a market cap of $72.66 billion, a PE ratio of 32.55, a P/E/G ratio of 5.01 and a beta of 0.87. The Williams Companies, Inc. has a 1-year low of $37.69 and a 1-year high of $61.67.

Williams Companies (NYSE:WMB - Get Free Report) last announced its quarterly earnings results on Wednesday, February 12th. The pipeline company reported $0.47 earnings per share for the quarter, hitting analysts' consensus estimates of $0.47. Williams Companies had a return on equity of 15.85% and a net margin of 21.17%. Research analysts forecast that The Williams Companies, Inc. will post 2.08 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have recently commented on the stock. Morgan Stanley lifted their price target on shares of Williams Companies from $58.00 to $70.00 and gave the stock an "overweight" rating in a research report on Tuesday, March 25th. Barclays lifted their price target 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 lifted their price target on shares of Williams Companies from $63.00 to $65.00 and gave the stock a "buy" rating in a research report on Tuesday, February 25th. Scotiabank lifted their price target on shares of Williams Companies from $51.00 to $53.00 and gave the stock a "sector perform" rating in a research report on Thursday, March 6th. Finally, CIBC boosted their price objective on shares of Williams Companies from $56.00 to $57.00 and gave the company a "neutral" rating in a report on Tuesday, March 4th. Eight equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat.com, Williams Companies has an average rating of "Moderate Buy" and an average price target of $57.77.

Insider Activity

In related news, CAO Mary A. Hausman sold 8,896 shares of the business's stock in a transaction that occurred on Tuesday, March 4th. The stock was sold at an average price of $57.50, for a total value of $511,520.00. Following the completion of the sale, the chief accounting officer now directly owns 22,339 shares in the company, valued at approximately $1,284,492.50. The trade was a 28.48 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, SVP Chad A. Teply sold 26,000 shares of the business's stock in a transaction that occurred on Thursday, February 27th. The shares were sold at an average price of $56.46, for a total value of $1,467,960.00. Following the completion of the sale, the senior vice president now owns 133,048 shares of the company's stock, valued at approximately $7,511,890.08. This trade represents a 16.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 139,583 shares of company stock valued at $7,563,278. 0.44% of the stock is owned by insiders.

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.