Cubist Systematic Strategies LLC Has $1.68 Million Holdings in Williams Companies, Inc. (The) (WMB)

Cubist Systematic Strategies LLC lessened its stake in Williams Companies, Inc. (The) (NYSE:WMB) by 36.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 55,499 shares of the pipeline company’s stock after selling 31,221 shares during the period. Cubist Systematic Strategies LLC’s holdings in Williams Companies, Inc. (The) were worth $1,681,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Bronfman E.L. Rothschild L.P. grew its position in shares of Williams Companies, Inc. (The) by 78.6% in the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 4,537 shares of the pipeline company’s stock valued at $137,000 after buying an additional 1,997 shares during the last quarter. Parallel Advisors LLC grew its position in shares of Williams Companies, Inc. (The) by 124.1% in the 1st quarter. Parallel Advisors LLC now owns 4,646 shares of the pipeline company’s stock valued at $143,000 after buying an additional 2,573 shares during the last quarter. CWM LLC grew its position in shares of Williams Companies, Inc. (The) by 300.7% in the 2nd quarter. CWM LLC now owns 4,893 shares of the pipeline company’s stock valued at $148,000 after buying an additional 3,672 shares during the last quarter. SeaBridge Investment Advisors LLC grew its position in shares of Williams Companies, Inc. (The) by 41.6% in the 2nd quarter. SeaBridge Investment Advisors LLC now owns 5,210 shares of the pipeline company’s stock valued at $158,000 after buying an additional 1,530 shares during the last quarter. Finally, Sun Life Financial INC grew its position in shares of Williams Companies, Inc. (The) by 46,384.6% in the 2nd quarter. Sun Life Financial INC now owns 6,043 shares of the pipeline company’s stock valued at $183,000 after buying an additional 6,030 shares during the last quarter. Hedge funds and other institutional investors own 84.69% of the company’s stock.

A number of research firms have commented on WMB. BidaskClub lowered Williams Companies, Inc. (The) from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, August 8th. Sanford C. Bernstein restated an “outperform” rating on shares of Williams Companies, Inc. (The) in a research report on Thursday, August 10th. Royal Bank Of Canada upped their target price on Williams Companies, Inc. (The) from $34.00 to $36.00 and gave the company an “outperform” rating in a research report on Friday, August 4th. Zacks Investment Research lowered Williams Companies, Inc. (The) from a “buy” rating to a “hold” rating in a research report on Thursday, July 27th. Finally, BMO Capital Markets set a $32.00 target price on Williams Companies, Inc. (The) and gave the company a “buy” rating in a research report on Thursday, June 15th. Four equities research analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $34.00.

COPYRIGHT VIOLATION NOTICE: “Cubist Systematic Strategies LLC Has $1.68 Million Holdings in Williams Companies, Inc. (The) (WMB)” was first reported by StockNewsTimes and is the sole property of of StockNewsTimes. If you are viewing this news story on another domain, it was illegally copied and reposted in violation of U.S. and international copyright law. The legal version of this news story can be accessed at https://stocknewstimes.com/2017/10/11/cubist-systematic-strategies-llc-has-1-68-million-holdings-in-williams-companies-inc-the-wmb.html.

In related news, VP Ted T. Timmermans sold 2,000 shares of the business’s stock in a transaction dated Tuesday, August 8th. The stock was sold at an average price of $30.66, for a total transaction of $61,320.00. Following the transaction, the vice president now owns 11,094 shares in the company, valued at approximately $340,142.04. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Robyn L. Ewing sold 9,913 shares of the business’s stock in a transaction dated Wednesday, September 27th. The shares were sold at an average price of $29.99, for a total value of $297,290.87. Following the transaction, the insider now owns 27,090 shares in the company, valued at approximately $812,429.10. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 284,001 shares of company stock worth $8,608,319. 0.50% of the stock is owned by company insiders.

Shares of Williams Companies, Inc. (NYSE:WMB) traded down 0.07% during midday trading on Wednesday, hitting $30.01. The company had a trading volume of 158,351 shares. Williams Companies, Inc. has a 52 week low of $27.35 and a 52 week high of $32.69. The firm’s 50 day moving average is $29.99 and its 200 day moving average is $30.07. The company has a market capitalization of $24.81 billion, a P/E ratio of 47.33 and a beta of 1.38.

Williams Companies, Inc. (The) (NYSE:WMB) last announced its quarterly earnings results on Wednesday, August 2nd. The pipeline company reported $0.13 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.06). Williams Companies, Inc. (The) had a net margin of 6.24% and a return on equity of 3.43%. The business had revenue of $1.92 billion for the quarter, compared to analysts’ expectations of $2.26 billion. During the same quarter in the prior year, the firm earned $0.19 EPS. Equities research analysts anticipate that Williams Companies, Inc. will post $0.84 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Monday, September 25th. Investors of record on Friday, September 8th were issued a dividend of $0.30 per share. The ex-dividend date was Thursday, September 7th. This represents a $1.20 dividend on an annualized basis and a yield of 4.00%. Williams Companies, Inc. (The)’s dividend payout ratio is presently 196.72%.

Williams Companies, Inc. (The) Profile

The Williams Companies, Inc is an energy infrastructure company. The Company is focused on connecting North America’s hydrocarbon resource plays to markets for natural gas, natural gas liquids (NGL), and olefins. As of December 31, 2016, its interstate gas pipelines, midstream and olefins production interests were held through its investment in Williams Partners L.P.

Institutional Ownership by Quarter for Williams Companies, Inc. (The) (NYSE:WMB)

Receive News & Ratings for Williams Companies Inc. (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Williams Companies Inc. (The) and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply