32,119 Shares in The Williams Companies, Inc. (NYSE:WMB) Purchased by Everpar Advisors LLC

Everpar Advisors LLC purchased a new stake in shares of The Williams Companies, Inc. (NYSE:WMB) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 32,119 shares of the pipeline company’s stock, valued at approximately $1,119,000.

Several other institutional investors have also added to or reduced their stakes in the company. Turtle Creek Wealth Advisors LLC bought a new position in shares of Williams Companies during the 4th quarter valued at approximately $26,000. Carmel Capital Partners LLC bought a new position in Williams Companies during the third quarter valued at $31,000. CGC Financial Services LLC bought a new position in Williams Companies during the fourth quarter valued at $35,000. OFI Invest Asset Management purchased a new position in shares of Williams Companies in the 3rd quarter worth $41,000. Finally, CVA Family Office LLC bought a new stake in shares of Williams Companies in the 4th quarter worth about $52,000. Hedge funds and other institutional investors own 86.44% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the stock. US Capital Advisors downgraded shares of Williams Companies from an “overweight” rating to a “hold” rating in a report on Monday, April 29th. UBS Group lifted their target price on Williams Companies from $43.00 to $47.00 and gave the stock a “buy” rating in a report on Friday, April 12th. Stifel Nicolaus increased their price target on Williams Companies from $40.00 to $43.00 and gave the company a “buy” rating in a report on Wednesday. Wolfe Research restated an “underperform” rating and issued a $34.00 price target on shares of Williams Companies in a research report on Thursday, April 18th. Finally, CIBC boosted their price objective on shares of Williams Companies from $38.00 to $39.00 and gave the company a “neutral” rating in a research report on Wednesday. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, Williams Companies has a consensus rating of “Hold” and an average price target of $39.55.

Williams Companies Stock Up 0.5 %

NYSE WMB traded up $0.21 on Wednesday, reaching $39.32. 6,161,431 shares of the stock traded hands, compared to its average volume of 6,965,915. The Williams Companies, Inc. has a 12 month low of $28.27 and a 12 month high of $39.99. The company has a market cap of $47.91 billion, a price-to-earnings ratio of 16.52, a PEG ratio of 6.13 and a beta of 1.05. The company has a fifty day moving average price of $38.01 and a 200-day moving average price of $36.06. The company has a debt-to-equity ratio of 1.57, a quick ratio of 0.73 and a current ratio of 0.77.

Williams Companies (NYSE:WMB) last released its quarterly earnings data on Monday, May 6th. The pipeline company reported $0.59 earnings per share for the quarter, beating the consensus estimate of $0.49 by $0.10. Williams Companies had a return on equity of 16.40% and a net margin of 27.29%. The firm had revenue of $2.77 billion during the quarter, compared to the consensus estimate of $2.69 billion. During the same period in the previous year, the company posted $0.56 earnings per share. The firm’s quarterly revenue was down 10.1% on a year-over-year basis. As a group, research analysts forecast that The Williams Companies, Inc. will post 1.82 EPS for the current fiscal year.

Williams Companies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 24th. Shareholders of record on Friday, June 7th will be given a dividend of $0.475 per share. The ex-dividend date is Friday, June 7th. This represents a $1.90 annualized dividend and a yield of 4.83%. Williams Companies’s dividend payout ratio (DPR) is presently 79.83%.

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.