ARP Americas LLC decreased its stake in Williams Companies, Inc. (The) (NYSE:WMB) by 28.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 14,131 shares of the pipeline company’s stock after selling 5,600 shares during the period. ARP Americas LLC’s holdings in Williams Companies, Inc. (The) were worth $428,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. RidgeWorth Capital Management LLC increased its position in shares of Williams Companies, Inc. (The) by 5.1% in the first quarter. RidgeWorth Capital Management LLC now owns 2,027,950 shares of the pipeline company’s stock valued at $60,007,000 after buying an additional 99,275 shares during the last quarter. Miller Howard Investments Inc. NY increased its position in shares of Williams Companies, Inc. (The) by 693.8% in the first quarter. Miller Howard Investments Inc. NY now owns 2,530,635 shares of the pipeline company’s stock valued at $74,881,000 after buying an additional 2,211,840 shares during the last quarter. Caisse DE Depot ET Placement DU Quebec increased its position in shares of Williams Companies, Inc. (The) by 4.0% in the first quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,036,416 shares of the pipeline company’s stock valued at $30,701,000 after buying an additional 39,520 shares during the last quarter. King Street Capital Management L.P. increased its position in shares of Williams Companies, Inc. (The) by 33.3% in the first quarter. King Street Capital Management L.P. now owns 2,000,000 shares of the pipeline company’s stock valued at $59,180,000 after buying an additional 500,000 shares during the last quarter. Finally, CAPROCK Group Inc. acquired a new position in shares of Williams Companies, Inc. (The) during the first quarter valued at approximately $809,000. 84.31% of the stock is owned by hedge funds and other institutional investors.

Shares of Williams Companies, Inc. (WMB) opened at 30.98 on Monday. Williams Companies, Inc. has a one year low of $24.62 and a one year high of $32.69. The company has a market capitalization of $25.60 billion, a PE ratio of 2065.33 and a beta of 1.38. The company has a 50-day moving average price of $30.32 and a 200 day moving average price of $29.57.

Williams Companies, Inc. (The) (NYSE:WMB) last announced its quarterly earnings results on Wednesday, August 2nd. The pipeline company reported $0.13 EPS for the quarter, missing the Zacks’ consensus estimate of $0.19 by $0.06. The company had revenue of $1.92 billion during the quarter, compared to analysts’ expectations of $2.26 billion. Williams Companies, Inc. (The) had a return on equity of 3.43% and a net margin of 6.24%. During the same period last year, the firm earned $0.19 earnings per share. Equities analysts anticipate that Williams Companies, Inc. will post $1.06 EPS for the current year.

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WMB has been the subject of several research analyst reports. BidaskClub raised Williams Companies, Inc. (The) from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, August 1st. Wells Fargo & Company raised Williams Companies, Inc. (The) from a “market perform” rating to an “outperform” rating in a research note on Monday, May 8th. Scotiabank set a $30.00 price objective on Williams Companies, Inc. (The) and gave the company a “hold” rating in a research note on Saturday, July 22nd. BMO Capital Markets set a $32.00 price objective on Williams Companies, Inc. (The) and gave the company a “buy” rating in a research note on Thursday, June 15th. Finally, Zacks Investment Research downgraded Williams Companies, Inc. (The) from a “buy” rating to a “hold” rating in a research note on Thursday, July 27th. Four investment analysts have rated the stock with a hold rating, ten have given a buy rating and two have given a strong buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $34.00.

In other Williams Companies, Inc. (The) news, insider Robyn L. Ewing sold 81,561 shares of Williams Companies, Inc. (The) stock in a transaction that occurred on Monday, May 15th. The stock was sold at an average price of $31.14, for a total value of $2,539,809.54. Following the transaction, the insider now directly owns 47,003 shares of the company’s stock, valued at approximately $1,463,673.42. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Charles I. Cogut purchased 1,000 shares of the firm’s stock in a transaction on Wednesday, May 10th. The stock was bought at an average cost of $30.63 per share, for a total transaction of $30,630.00. Following the completion of the purchase, the director now directly owns 1,000 shares in the company, valued at $30,630. The disclosure for this purchase can be found here. Over the last ninety days, insiders acquired 38,750 shares of company stock worth $1,107,110 and sold 92,561 shares worth $2,876,240. 0.50% of the stock is owned by insiders.

Williams Companies, Inc. (The) 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.

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

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