The Williams Companies, Inc. (NYSE:WMB) Stock Holdings Lowered by Foundry Partners LLC

Foundry Partners LLC trimmed its holdings in The Williams Companies, Inc. (NYSE:WMBFree Report) by 1.0% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 294,547 shares of the pipeline company’s stock after selling 3,108 shares during the period. Foundry Partners LLC’s holdings in Williams Companies were worth $9,923,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. OLD Point Trust & Financial Services N A acquired a new position in Williams Companies during the 2nd quarter valued at $25,000. FSC Wealth Advisors LLC acquired a new position in shares of Williams Companies in the 3rd quarter valued at $27,000. Missouri Trust & Investment Co raised its stake in shares of Williams Companies by 300.0% in the 2nd quarter. Missouri Trust & Investment Co now owns 800 shares of the pipeline company’s stock valued at $26,000 after buying an additional 600 shares in the last quarter. HWG Holdings LP bought a new stake in shares of Williams Companies in the 3rd quarter worth about $29,000. Finally, Steward Financial Group LLC bought a new stake in shares of Williams Companies in the 2nd quarter worth about $29,000. 85.76% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have commented on WMB. Barclays increased their price objective on shares of Williams Companies from $35.00 to $37.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 18th. Mizuho raised their target price on shares of Williams Companies from $41.00 to $43.00 and gave the company a “buy” rating in a research note on Thursday, December 7th. Ten investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $36.50.

Get Our Latest Report on WMB

Williams Companies Trading Up 0.4 %

Shares of Williams Companies stock traded up $0.14 on Monday, hitting $34.17. The stock had a trading volume of 699,305 shares, compared to its average volume of 6,241,347. The stock has a 50 day moving average of $34.88 and a 200 day moving average of $34.80. The Williams Companies, Inc. has a twelve month low of $27.80 and a twelve month high of $37.45. The company has a debt-to-equity ratio of 1.59, a quick ratio of 0.72 and a current ratio of 0.77. The firm has a market capitalization of $41.57 billion, a P/E ratio of 15.26, a PEG ratio of 5.11 and a beta of 1.04.

Williams Companies Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 25th. Shareholders of record on Friday, March 8th will be given a dividend of $0.475 per share. This represents a $1.90 dividend on an annualized basis and a yield of 5.56%. The ex-dividend date of this dividend is Thursday, March 7th. This is an increase from Williams Companies’s previous quarterly dividend of $0.45. Williams Companies’s dividend payout ratio is currently 80.27%.

About Williams Companies

(Free Report)

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 Transco and Northwest natural gas pipelines; and natural gas gathering and processing, and crude oil production handling and transportation assets in the Gulf Coast region, as well as various petrochemical and feedstock pipelines.

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Institutional Ownership by Quarter for Williams Companies (NYSE:WMB)

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