Williams Companies Inc (NYSE:WMB) Stake Increased by AGF Investments Inc.

AGF Investments Inc. raised its holdings in Williams Companies Inc (NYSE:WMB) by 7.5% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,113,664 shares of the pipeline company’s stock after purchasing an additional 77,937 shares during the period. AGF Investments Inc. owned approximately 0.13% of Williams Companies worth $33,421,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of WMB. Nordea Investment Management AB boosted its stake in shares of Williams Companies by 4.5% in the 3rd quarter. Nordea Investment Management AB now owns 42,133 shares of the pipeline company’s stock valued at $1,264,000 after purchasing an additional 1,833 shares during the last quarter. Harvest Fund Advisors LLC lifted its stake in shares of Williams Companies by 2.9% in the third quarter. Harvest Fund Advisors LLC now owns 11,275,449 shares of the pipeline company’s stock valued at $338,376,000 after buying an additional 317,446 shares in the last quarter. Relative Value Partners Group LLC lifted its stake in shares of Williams Companies by 4.4% in the third quarter. Relative Value Partners Group LLC now owns 45,655 shares of the pipeline company’s stock valued at $1,370,000 after buying an additional 1,927 shares in the last quarter. Johnson Financial Group LLC lifted its stake in shares of Williams Companies by 34.4% in the third quarter. Johnson Financial Group LLC now owns 9,502 shares of the pipeline company’s stock valued at $285,000 after buying an additional 2,434 shares in the last quarter. Finally, Bronfman E.L. Rothschild L.P. raised its holdings in shares of Williams Companies by 44.4% in the third quarter. Bronfman E.L. Rothschild L.P. now owns 6,550 shares of the pipeline company’s stock valued at $197,000 after purchasing an additional 2,013 shares during the last quarter. 84.84% of the stock is owned by institutional investors.

A number of analysts recently issued reports on WMB shares. Morgan Stanley decreased their price objective on shares of Williams Companies from $34.00 to $33.00 and set an “overweight” rating for the company in a report on Friday, November 17th. Royal Bank Of Canada reiterated a “buy” rating and set a $36.00 target price on shares of Williams Companies in a research report on Monday, October 16th. Wolfe Research assumed coverage on shares of Williams Companies in a research note on Monday, September 25th. They set an “outperform” rating and a $34.00 price target on the stock. BidaskClub raised shares of Williams Companies from a “sell” rating to a “hold” rating in a research note on Friday, August 25th. Finally, Sanford C. Bernstein reissued an “outperform” rating on shares of Williams Companies in a research report on Thursday, August 10th. Four investment analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $33.83.

In other news, CEO Alan S. Armstrong bought 6,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 15th. The stock was purchased at an average price of $27.23 per share, with a total value of $163,380.00. Following the completion of the acquisition, the chief executive officer now directly owns 345,527 shares of the company’s stock, valued at approximately $9,408,700.21. The purchase was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Donald R. Chappel sold 272,088 shares of Williams Companies stock in a transaction that occurred on Tuesday, September 26th. The shares were sold at an average price of $30.32, for a total value of $8,249,708.16. Following the transaction, the insider now owns 60,032 shares of the company’s stock, valued at $1,820,170.24. The disclosure for this sale can be found here. In the last three months, insiders sold 283,501 shares of company stock valued at $8,590,124. Corporate insiders own 0.50% of the company’s stock.

Williams Companies Inc (NYSE WMB) traded up $0.02 during mid-day trading on Wednesday, reaching $29.07. The company’s stock had a trading volume of 3,888,600 shares, compared to its average volume of 6,421,003. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.91 and a current ratio of 0.97. Williams Companies Inc has a twelve month low of $26.82 and a twelve month high of $32.69. The stock has a market capitalization of $24,016.99, a price-to-earnings ratio of 49.24, a price-to-earnings-growth ratio of 3.10 and a beta of 1.37.

Williams Companies (NYSE:WMB) last announced its quarterly earnings results on Wednesday, November 1st. The pipeline company reported $0.15 EPS for the quarter, missing the consensus estimate of $0.19 by ($0.04). The firm had revenue of $1.89 billion for the quarter, compared to analysts’ expectations of $1.79 billion. Williams Companies had a net margin of 5.90% and a return on equity of 3.23%. The business’s quarterly revenue was down .7% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.20 EPS. equities research analysts forecast that Williams Companies Inc will post 0.72 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 26th. Shareholders of record on Friday, December 8th will be issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 4.13%. The ex-dividend date of this dividend is Thursday, December 7th. Williams Companies’s dividend payout ratio is presently 210.53%.

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Williams Companies Company 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 (NYSE:WMB)

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