Prudential Financial Inc. lowered its stake in Williams Companies, Inc. (The) (NYSE:WMB) by 0.3% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,240,739 shares of the pipeline company’s stock after selling 3,482 shares during the quarter. Prudential Financial Inc. owned about 0.15% of Williams Companies, Inc. (The) worth $37,235,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Bronfman E.L. Rothschild L.P. lifted its stake 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 purchasing an additional 1,997 shares during the period. CWM LLC lifted its stake 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 purchasing an additional 3,672 shares during the period. SeaBridge Investment Advisors LLC lifted its stake 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 purchasing an additional 1,530 shares during the period. Parallel Advisors LLC lifted its stake in shares of Williams Companies, Inc. (The) by 19.9% in the 2nd quarter. Parallel Advisors LLC now owns 5,571 shares of the pipeline company’s stock valued at $177,000 after purchasing an additional 925 shares during the period. Finally, Sun Life Financial INC lifted its stake 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 purchasing an additional 6,030 shares during the period. 84.47% of the stock is currently owned by institutional investors.

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Williams Companies, Inc. (WMB) opened at $28.62 on Monday. The stock has a market capitalization of $23,661.49, a PE ratio of 48.51, a price-to-earnings-growth ratio of 3.06 and a beta of 1.38. 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 1-year low of $27.65 and a 1-year high of $32.69.

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

In other news, insider Donald R. Chappel sold 272,088 shares of the firm’s stock in a transaction dated Tuesday, September 26th. The stock was sold at an average price of $30.32, for a total value of $8,249,708.16. Following the completion of the transaction, the insider now owns 60,032 shares in the company, valued at approximately $1,820,170.24. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Ted T. Timmermans sold 1,500 shares of the firm’s stock in a transaction dated Monday, November 6th. The shares were sold at an average price of $28.75, for a total value of $43,125.00. Following the completion of the transaction, the vice president now owns 9,594 shares of the company’s stock, valued at approximately $275,827.50. The disclosure for this sale can be found here. In the last quarter, insiders have sold 283,501 shares of company stock valued at $8,590,124. Corporate insiders own 0.50% of the company’s stock.

WMB has been the subject of a number of recent analyst reports. Royal Bank Of Canada restated a “buy” rating and issued a $36.00 price objective on shares of Williams Companies, Inc. (The) in a research report on Monday, October 16th. BidaskClub cut shares of Williams Companies, Inc. (The) from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, August 8th. Zacks Investment Research upgraded shares of Williams Companies, Inc. (The) from a “hold” rating to a “buy” rating and set a $35.00 price objective for the company in a research report on Monday, July 24th. Scotiabank set a $30.00 price objective on shares of Williams Companies, Inc. (The) and gave the company a “hold” rating in a research report on Saturday, July 22nd. Finally, Wolfe Research initiated coverage on shares of Williams Companies, Inc. (The) in a research report on Monday, September 25th. They issued an “outperform” rating and a $34.00 price objective for the company. Four equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the stock. Williams Companies, Inc. (The) has a consensus rating of “Buy” and a consensus target price of $34.00.

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.

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

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