Chicago Partners Investment Group LLC lifted its position in shares of Williams Companies Inc (NYSE:WMB) by 7.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 350,738 shares of the pipeline company’s stock after purchasing an additional 24,433 shares during the period. Williams Companies accounts for about 1.3% of Chicago Partners Investment Group LLC’s holdings, making the stock its 19th biggest position. Chicago Partners Investment Group LLC’s holdings in Williams Companies were worth $8,821,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in WMB. Camarda Financial Advisors LLC raised its position in shares of Williams Companies by 516.7% in the third quarter. Camarda Financial Advisors LLC now owns 4,163 shares of the pipeline company’s stock valued at $113,000 after purchasing an additional 3,488 shares during the period. Squar Milner Financial Services LLC grew its stake in Williams Companies by 152.6% during the third quarter. Squar Milner Financial Services LLC now owns 4,206 shares of the pipeline company’s stock valued at $114,000 after acquiring an additional 2,541 shares in the last quarter. First Interstate Bank grew its stake in Williams Companies by 96.3% during the third quarter. First Interstate Bank now owns 4,318 shares of the pipeline company’s stock valued at $117,000 after acquiring an additional 2,118 shares in the last quarter. Honkamp Krueger Financial Services Inc. purchased a new position in Williams Companies during the third quarter valued at approximately $123,000. Finally, Centaurus Financial Inc. purchased a new position in Williams Companies during the second quarter valued at approximately $127,000. 91.17% of the stock is currently owned by institutional investors.

WMB has been the subject of several recent analyst reports. Mizuho initiated coverage on shares of Williams Companies in a research note on Wednesday, November 28th. They set a “buy” rating and a $32.00 price objective for the company. Zacks Investment Research reaffirmed a “buy” rating and set a $29.00 price objective on shares of Williams Companies in a research note on Saturday, November 17th. Bank of America reduced their price objective on shares of Williams Companies from $38.00 to $33.00 and set a “buy” rating for the company in a research note on Friday, November 2nd. Seaport Global Securities initiated coverage on shares of Williams Companies in a research note on Friday, October 19th. They set a “buy” rating and a $31.00 price objective for the company. Finally, Goldman Sachs Group started coverage on shares of Williams Companies in a research note on Monday, October 8th. They set a “neutral” rating and a $26.00 price objective for the company. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and fifteen have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $32.76.

NYSE:WMB traded down $0.09 during trading hours on Friday, hitting $25.06. The company had a trading volume of 526,190 shares, compared to its average volume of 10,948,466. The company has a quick ratio of 0.66, a current ratio of 0.72 and a debt-to-equity ratio of 1.27. The stock has a market cap of $30.45 billion, a P/E ratio of 39.81, a PEG ratio of 4.01 and a beta of 1.50. Williams Companies Inc has a 1 year low of $20.36 and a 1 year high of $33.67.

Williams Companies (NYSE:WMB) last issued its earnings results on Wednesday, October 31st. The pipeline company reported $0.24 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.20 by $0.04. The company had revenue of $2.30 billion during the quarter, compared to analysts’ expectations of $2.16 billion. Williams Companies had a return on equity of 4.44% and a net margin of 24.15%. During the same period in the prior year, the business earned $0.04 EPS. On average, equities analysts anticipate that Williams Companies Inc will post 0.76 earnings per share for the current year.

The business also recently announced a quarterly dividend, which was paid on Monday, December 31st. Shareholders of record on Friday, December 14th were issued a $0.34 dividend. This represents a $1.36 annualized dividend and a yield of 5.43%. The ex-dividend date of this dividend was Thursday, December 13th. Williams Companies’s payout ratio is currently 215.87%.

In related news, insider John D. Chandler bought 10,000 shares of the company’s stock in a transaction on Friday, November 2nd. The stock was bought at an average cost of $25.94 per share, for a total transaction of $259,400.00. Following the acquisition, the insider now directly owns 26,582 shares in the company, valued at $689,537.08. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Michael A. Creel purchased 25,000 shares of the stock in a transaction dated Friday, November 2nd. The shares were acquired at an average price of $25.77 per share, with a total value of $644,250.00. Following the completion of the acquisition, the director now owns 20,907 shares in the company, valued at approximately $538,773.39. The disclosure for this purchase can be found here. Over the last 90 days, insiders acquired 38,500 shares of company stock valued at $993,625. 0.50% of the stock is owned by company insiders.

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Williams Companies 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.

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

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