Wedbush Securities Inc. grew its position in Williams Companies Inc (NYSE:WMB) by 43.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 22,796 shares of the pipeline company’s stock after acquiring an additional 6,854 shares during the period. Wedbush Securities Inc.’s holdings in Williams Companies were worth $620,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Arrow Financial Corp raised its position in Williams Companies by 45.0% in the 3rd quarter. Arrow Financial Corp now owns 6,071 shares of the pipeline company’s stock worth $165,000 after purchasing an additional 1,884 shares during the last quarter. First Allied Advisory Services Inc. raised its position in Williams Companies by 9.3% in the 2nd quarter. First Allied Advisory Services Inc. now owns 23,454 shares of the pipeline company’s stock worth $642,000 after purchasing an additional 1,988 shares during the last quarter. Parkwood LLC raised its position in Williams Companies by 11.3% in the 2nd quarter. Parkwood LLC now owns 20,417 shares of the pipeline company’s stock worth $554,000 after purchasing an additional 2,078 shares during the last quarter. Whittier Trust Co. raised its position in Williams Companies by 45.2% in the 3rd quarter. Whittier Trust Co. now owns 6,703 shares of the pipeline company’s stock worth $182,000 after purchasing an additional 2,086 shares during the last quarter. Finally, First Interstate Bank raised its position in Williams Companies by 96.3% in the 3rd quarter. First Interstate Bank now owns 4,318 shares of the pipeline company’s stock worth $117,000 after purchasing an additional 2,118 shares during the last quarter. Institutional investors own 91.16% of the company’s stock.

In other news, SVP Terrance Lane Wilson purchased 1,000 shares of the firm’s stock in a transaction dated Friday, November 2nd. The stock was bought at an average price of $25.75 per share, with a total value of $25,750.00. Following the acquisition, the senior vice president now directly owns 17,844 shares of the company’s stock, valued at $459,483. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Chad J. Zamarin purchased 2,500 shares of the firm’s stock in a transaction dated Tuesday, November 6th. The stock was purchased at an average cost of $25.69 per share, with a total value of $64,225.00. Following the acquisition, the insider now directly owns 28,970 shares in the company, valued at $744,239.30. The disclosure for this purchase can be found here. Insiders bought a total of 38,500 shares of company stock valued at $993,625 in the last three months. 0.53% of the stock is owned by company insiders.

A number of analysts have commented on WMB shares. UBS Group lifted their target price on shares of Williams Companies from $36.00 to $38.00 and gave the stock a “buy” rating in a report on Friday, August 10th. Morgan Stanley set a $35.00 target price on shares of Williams Companies and gave the stock an “overweight” rating in a report on Thursday, August 16th. Bank of America reaffirmed a “buy” rating on shares of Williams Companies in a report on Tuesday, August 21st. US Capital Advisors lowered shares of Williams Companies from a “buy” rating to a “hold” rating and set a $31.00 target price for the company. in a report on Friday, August 24th. Finally, Wells Fargo & Co lowered their target price on shares of Williams Companies from $35.00 to $34.00 and set an “outperform” rating for the company in a report on Thursday, September 13th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and fifteen have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $32.76.

WMB opened at $24.48 on Friday. The company has a debt-to-equity ratio of 1.27, a current ratio of 0.72 and a quick ratio of 0.66. Williams Companies Inc has a 52 week low of $23.54 and a 52 week high of $33.67. The firm has a market cap of $29.69 billion, a price-to-earnings ratio of 38.86, a price-to-earnings-growth ratio of 4.90 and a beta of 1.59.

Williams Companies (NYSE:WMB) last announced its quarterly earnings results on Wednesday, October 31st. The pipeline company reported $0.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.04. Williams Companies had a net margin of 24.15% and a return on equity of 4.44%. The company had revenue of $2.30 billion during the quarter, compared to analyst estimates of $2.16 billion. During the same quarter in the previous year, the business earned $0.04 EPS. Equities analysts expect that Williams Companies Inc will post 0.77 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Monday, December 31st. Stockholders of record on Friday, December 14th will be issued a $0.34 dividend. This represents a $1.36 annualized dividend and a dividend yield of 5.56%. The ex-dividend date is Thursday, December 13th. Williams Companies’s dividend payout ratio (DPR) is 215.87%.

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Williams Companies Company Profile

The Williams Companies, Inc operates as an energy infrastructure company primarily in the United States. It owns and operates natural gas pipeline system extending from Texas, Louisiana, Mississippi, and the Gulf of Mexico through Alabama, Georgia, South Carolina, North Carolina, Virginia, Maryland, Delaware, Pennsylvania, and New Jersey to the New York City metropolitan area.

Further Reading: Price to Earnings Ratio (PE), For Valuing Stocks

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

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