Pinnacle Financial Partners Inc. grew its position in shares of Williams Companies Inc (NYSE:WMB) by 2.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 31,957 shares of the pipeline company’s stock after buying an additional 754 shares during the quarter. Pinnacle Financial Partners Inc.’s holdings in Williams Companies were worth $758,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently modified their holdings of the company. Garrett Wealth Advisory Group LLC bought a new stake in Williams Companies during the third quarter worth about $27,000. Citizens Financial Group Inc RI raised its holdings in Williams Companies by 83.5% in the third quarter. Citizens Financial Group Inc RI now owns 1,180 shares of the pipeline company’s stock worth $29,000 after purchasing an additional 537 shares during the period. Clear Harbor Asset Management LLC acquired a new stake in Williams Companies in the fourth quarter worth $30,000. Quest Capital Management Inc. ADV acquired a new stake in Williams Companies in the third quarter worth $38,000. Finally, Arlington Partners LLC acquired a new stake in Williams Companies in the fourth quarter worth $40,000. 86.74% of the stock is currently owned by hedge funds and other institutional investors.

Several equities research analysts have weighed in on WMB shares. Citigroup cut their target price on shares of Williams Companies from $27.00 to $26.00 and set a “buy” rating on the stock in a report on Tuesday, December 3rd. TD Securities lowered their price objective on shares of Williams Companies from $29.00 to $28.00 and set a “buy” rating for the company in a research report on Friday, December 6th. Barclays downgraded shares of Williams Companies from an “overweight” rating to an “equal weight” rating and set a $26.00 price objective for the company. in a research report on Tuesday, January 14th. SunTrust Banks started coverage on shares of Williams Companies in a research report on Friday, December 13th. They set a “buy” rating and a $27.00 price objective for the company. Finally, UBS Group reissued a “buy” rating and set a $29.00 price objective (down previously from $30.00) on shares of Williams Companies in a research report on Monday, November 25th. Eight equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $27.73.

Shares of WMB stock traded down $0.17 during trading hours on Friday, hitting $21.45. 3,543,831 shares of the company were exchanged, compared to its average volume of 10,517,535. The business has a 50 day moving average of $22.66 and a two-hundred day moving average of $23.24. The company has a current ratio of 0.43, a quick ratio of 0.39 and a debt-to-equity ratio of 1.23. Williams Companies Inc has a 52 week low of $20.58 and a 52 week high of $29.55. The company has a market capitalization of $26.02 billion, a PE ratio of 165.00, a PEG ratio of 4.24 and a beta of 1.59.

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 30th. Investors of record on Friday, March 13th will be given a $0.40 dividend. The ex-dividend date is Thursday, March 12th. This represents a $1.60 dividend on an annualized basis and a yield of 7.46%. This is an increase from Williams Companies’s previous quarterly dividend of $0.38. Williams Companies’s dividend payout ratio (DPR) is 192.41%.

About Williams Companies

The Williams Companies, Inc operates as an energy infrastructure company primarily in the United States. The company's Northeast G&P segment engages in the natural gas gathering, compression, and processing business, as well as natural gas liquids (NGL) fractionation business in the Marcellus and Utica Shale regions in Pennsylvania, West Virginia, New York, and Ohio.

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

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