R.M.SINCERBEAUX Capital Management LLC Boosts Stake in Williams Companies Inc (WMB)
R.M.SINCERBEAUX Capital Management LLC lifted its holdings in shares of Williams Companies Inc (NYSE:WMB) by 4.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 193,600 shares of the pipeline company’s stock after buying an additional 8,400 shares during the period. Williams Companies comprises 5.4% of R.M.SINCERBEAUX Capital Management LLC’s holdings, making the stock its 4th largest position. R.M.SINCERBEAUX Capital Management LLC’s holdings in Williams Companies were worth $5,903,000 as of its most recent SEC filing.
Several other institutional investors have also bought and sold shares of WMB. BlackRock Inc. lifted its stake in Williams Companies by 12.4% in the 4th quarter. BlackRock Inc. now owns 77,428,540 shares of the pipeline company’s stock valued at $2,360,797,000 after purchasing an additional 8,532,633 shares during the last quarter. Tortoise Capital Advisors L.L.C. lifted its stake in Williams Companies by 0.5% in the 3rd quarter. Tortoise Capital Advisors L.L.C. now owns 15,290,873 shares of the pipeline company’s stock valued at $458,879,000 after purchasing an additional 78,109 shares during the last quarter. Harvest Fund Advisors LLC lifted its stake in Williams Companies by 2.9% in the 3rd quarter. Harvest Fund Advisors LLC now owns 11,275,449 shares of the pipeline company’s stock valued at $338,376,000 after purchasing an additional 317,446 shares during the last quarter. Geode Capital Management LLC lifted its stake in Williams Companies by 3.2% in the 4th quarter. Geode Capital Management LLC now owns 8,885,229 shares of the pipeline company’s stock valued at $270,355,000 after purchasing an additional 274,292 shares during the last quarter. Finally, Capital International Investors lifted its stake in Williams Companies by 11.8% in the 3rd quarter. Capital International Investors now owns 8,252,900 shares of the pipeline company’s stock valued at $247,670,000 after purchasing an additional 868,600 shares during the last quarter. Institutional investors own 85.78% of the company’s stock.
In other news, VP Ted T. Timmermans sold 2,000 shares of the firm’s stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $28.28, for a total transaction of $56,560.00. Following the transaction, the vice president now directly owns 17,945 shares of the company’s stock, valued at $507,484.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider James E. Scheel sold 26,915 shares of the firm’s stock in a transaction that occurred on Thursday, January 11th. The stock was sold at an average price of $33.00, for a total transaction of $888,195.00. The disclosure for this sale can be found here. Insiders have sold 32,915 shares of company stock worth $1,057,995 over the last ninety days. Insiders own 0.53% of the company’s stock.
Williams Companies Inc (NYSE:WMB) opened at $27.11 on Friday. Williams Companies Inc has a fifty-two week low of $26.65 and a fifty-two week high of $33.67. The company has a market cap of $22,428.84, a P/E ratio of 10.35, a PEG ratio of 2.52 and a beta of 1.38. The company has a current ratio of 0.82, a quick ratio of 0.78 and a debt-to-equity ratio of 1.26.
Williams Companies (NYSE:WMB) last announced its earnings results on Wednesday, February 14th. The pipeline company reported $0.20 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.20. Williams Companies had a net margin of 27.07% and a return on equity of 3.38%. The company had revenue of $2.23 billion for the quarter, compared to analysts’ expectations of $2.16 billion. During the same period last year, the firm earned ($0.02) earnings per share. research analysts predict that Williams Companies Inc will post 0.83 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Monday, March 26th. Stockholders of record on Friday, March 9th will be issued a dividend of $0.34 per share. The ex-dividend date is Thursday, March 8th. This is a boost from Williams Companies’s previous quarterly dividend of $0.30. This represents a $1.36 annualized dividend and a dividend yield of 5.02%. Williams Companies’s dividend payout ratio (DPR) is currently 45.80%.
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About Williams Companies
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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