CI Investments Inc. increased its position in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 22.1% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 7,195,800 shares of the pipeline company’s stock after buying an additional 1,304,200 shares during the period. Williams Companies, Inc. (The) accounts for approximately 2.0% of CI Investments Inc.’s holdings, making the stock its 11th biggest position. CI Investments Inc. owned about 0.87% of Williams Companies, Inc. (The) worth $215,946,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of WMB. Capital International Investors boosted its holdings in shares of Williams Companies, Inc. (The) by 1,660.2% during the 2nd quarter. Capital International Investors now owns 7,384,300 shares of the pipeline company’s stock worth $223,597,000 after buying an additional 6,964,791 shares during the period. BlackRock Inc. boosted its holdings in Williams Companies, Inc. (The) by 9.9% in the 2nd quarter. BlackRock Inc. now owns 64,872,653 shares of the pipeline company’s stock valued at $1,964,347,000 after purchasing an additional 5,850,607 shares during the period. Janus Henderson Group PLC boosted its holdings in Williams Companies, Inc. (The) by 4,652.7% in the 2nd quarter. Janus Henderson Group PLC now owns 4,822,264 shares of the pipeline company’s stock valued at $146,019,000 after purchasing an additional 4,720,801 shares during the period. Vanguard Group Inc. boosted its holdings in Williams Companies, Inc. (The) by 4.4% in the 2nd quarter. Vanguard Group Inc. now owns 64,062,726 shares of the pipeline company’s stock valued at $1,939,819,000 after purchasing an additional 2,671,905 shares during the period. Finally, Ameriprise Financial Inc. boosted its holdings in Williams Companies, Inc. (The) by 47.1% in the 2nd quarter. Ameriprise Financial Inc. now owns 6,174,675 shares of the pipeline company’s stock valued at $186,965,000 after purchasing an additional 1,978,314 shares during the period. 84.47% of the stock is owned by institutional investors and hedge funds.

TRADEMARK VIOLATION NOTICE: This news story was first posted by Daily Political and is owned by of Daily Political. If you are accessing this news story on another website, it was stolen and reposted in violation of U.S. & international trademark and copyright legislation. The correct version of this news story can be read at https://www.dailypolitical.com/2017/11/13/williams-companies-inc-the-wmb-position-increased-by-ci-investments-inc.html.

In other news, Director Stephen I. Chazen bought 5,000 shares of the company’s stock in a transaction that occurred on Monday, August 21st. The stock was acquired at an average price of $28.93 per share, for a total transaction of $144,650.00. Following the transaction, the director now directly owns 10,000 shares of the company’s stock, valued at approximately $289,300. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP Ted T. Timmermans sold 1,500 shares of the stock in a transaction dated Monday, November 6th. The stock was sold at an average price of $28.75, for a total transaction of $43,125.00. Following the sale, 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 90 days, insiders sold 283,501 shares of company stock valued at $8,590,124. Corporate insiders own 0.50% of the company’s stock.

Shares of Williams Companies, Inc. (WMB) traded down $0.05 during mid-day trading on Monday, hitting $28.62. 5,926,200 shares of the stock were exchanged, compared to its average volume of 6,493,442. Williams Companies, Inc. has a 52 week low of $27.65 and a 52 week high of $32.69. The firm has a market cap 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 current ratio of 0.97, a quick ratio of 0.91 and a debt-to-equity ratio of 1.38.

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

A number of analysts have weighed in on WMB shares. BidaskClub raised shares of Williams Companies, Inc. (The) from a “buy” rating to a “strong-buy” rating in a report on Tuesday, August 1st. Scotiabank set a $30.00 price target on shares of Williams Companies, Inc. (The) and gave the company a “hold” rating in a report on Saturday, July 22nd. Zacks Investment Research downgraded shares of Williams Companies, Inc. (The) from a “buy” rating to a “hold” rating in a report on Thursday, July 27th. Royal Bank Of Canada reissued a “buy” rating and issued a $36.00 price target on shares of Williams Companies, Inc. (The) in a report on Monday, October 16th. Finally, Barclays PLC raised shares of Williams Companies, Inc. (The) from an “equal weight” rating to an “overweight” rating and increased their price target for the company from $33.00 to $36.00 in a report on Tuesday, July 18th. Four research analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company. The company presently has a consensus rating of “Buy” and an average 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)

Receive News & Ratings for Williams Companies Inc. (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Williams Companies Inc. (The) and related companies with MarketBeat.com's FREE daily email newsletter.