Quantinno Capital Management LP Acquires 17,875 Shares of The Williams Companies, Inc. (NYSE:WMB)

Quantinno Capital Management LP raised its holdings in shares of The Williams Companies, Inc. (NYSE:WMB) by 20.5% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 105,077 shares of the pipeline company’s stock after acquiring an additional 17,875 shares during the period. Quantinno Capital Management LP’s holdings in Williams Companies were worth $4,797,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the stock. QRG Capital Management Inc. boosted its holdings in Williams Companies by 38.2% during the second quarter. QRG Capital Management Inc. now owns 40,619 shares of the pipeline company’s stock worth $1,726,000 after buying an additional 11,223 shares during the last quarter. Gateway Investment Advisers LLC acquired a new position in Williams Companies during the second quarter valued at approximately $207,000. Czech National Bank increased its stake in Williams Companies by 8.5% in the second quarter. Czech National Bank now owns 232,245 shares of the pipeline company’s stock valued at $9,870,000 after purchasing an additional 18,201 shares in the last quarter. Asset Management Advisors LLC raised its holdings in Williams Companies by 0.9% in the second quarter. Asset Management Advisors LLC now owns 178,491 shares of the pipeline company’s stock worth $7,586,000 after purchasing an additional 1,674 shares during the period. Finally, Occidental Asset Management LLC boosted its position in shares of Williams Companies by 5.3% during the second quarter. Occidental Asset Management LLC now owns 85,777 shares of the pipeline company’s stock worth $3,646,000 after purchasing an additional 4,316 shares in the last quarter. Institutional investors and hedge funds own 86.44% of the company’s stock.

Williams Companies Trading Down 0.5 %

Shares of Williams Companies stock opened at $56.85 on Friday. The stock has a market cap of $69.30 billion, a P/E ratio of 23.99, a P/E/G ratio of 5.78 and a beta of 1.05. The company has a quick ratio of 0.51, a current ratio of 0.57 and a debt-to-equity ratio of 1.67. The Williams Companies, Inc. has a 12-month low of $32.65 and a 12-month high of $60.36. The business’s 50 day moving average is $53.76 and its 200-day moving average is $46.88.

Williams Companies (NYSE:WMB) last announced its quarterly earnings results on Wednesday, November 6th. The pipeline company reported $0.43 EPS for the quarter, beating analysts’ consensus estimates of $0.42 by $0.01. The firm had revenue of $2.65 billion during the quarter, compared to analysts’ expectations of $2.52 billion. Williams Companies had a net margin of 27.36% and a return on equity of 15.89%. The company’s revenue for the quarter was up 3.7% compared to the same quarter last year. During the same quarter last year, the company posted $0.45 earnings per share. Equities research analysts predict that The Williams Companies, Inc. will post 1.92 earnings per share for the current fiscal year.

Williams Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 30th. Shareholders of record on Friday, December 13th will be paid a $0.475 dividend. The ex-dividend date is Friday, December 13th. This represents a $1.90 annualized dividend and a yield of 3.34%. Williams Companies’s dividend payout ratio is 80.17%.

Analyst Ratings Changes

Several brokerages recently commented on WMB. Citigroup raised their price objective on Williams Companies from $45.00 to $52.00 and gave the stock a “buy” rating in a research note on Thursday, October 3rd. The Goldman Sachs Group lifted their price objective on Williams Companies from $45.00 to $55.00 and gave the company a “neutral” rating in a report on Tuesday, November 26th. Morgan Stanley upgraded shares of Williams Companies from an “equal weight” rating to an “overweight” rating and raised their target price for the stock from $52.00 to $58.00 in a report on Friday, October 4th. Barclays upped their price target on shares of Williams Companies from $42.00 to $46.00 and gave the company an “equal weight” rating in a report on Wednesday, October 2nd. Finally, UBS Group raised their price objective on shares of Williams Companies from $55.00 to $70.00 and gave the stock a “buy” rating in a report on Friday, November 15th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $52.07.

Insider Activity

In other Williams Companies news, CAO Mary A. Hausman sold 7,951 shares of the firm’s stock in a transaction on Friday, November 8th. The stock was sold at an average price of $56.30, for a total transaction of $447,641.30. Following the completion of the sale, the chief accounting officer now owns 25,858 shares of the company’s stock, valued at $1,455,805.40. This trade represents a 23.52 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Terrance Lane Wilson sold 2,000 shares of the company’s stock in a transaction on Tuesday, October 1st. The shares were sold at an average price of $45.29, for a total transaction of $90,580.00. Following the completion of the transaction, the senior vice president now owns 304,200 shares in the company, valued at approximately $13,777,218. This represents a 0.65 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.44% of the company’s stock.

Williams Companies Profile

The Williams Companies, Inc, together with its subsidiaries, operates as an energy infrastructure company primarily in the United States. It operates through Transmission & Gulf of Mexico, Northeast G&P, West, and Gas & NGL Marketing Services segments. The Transmission & Gulf of Mexico segment comprises natural gas pipelines; Transco, Northwest pipeline, MountainWest, and related natural gas storage facilities; and natural gas gathering and processing, and crude oil production handling and transportation assets in the Gulf Coast region.