Quotient Wealth Partners LLC Sells 7,380 Shares of The Williams Companies, Inc. (NYSE:WMB)

Quotient Wealth Partners LLC decreased its stake in shares of The Williams Companies, Inc. (NYSE:WMB) by 35.9% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 13,163 shares of the pipeline company’s stock after selling 7,380 shares during the period. Quotient Wealth Partners LLC’s holdings in Williams Companies were worth $712,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of WMB. Brookstone Capital Management boosted its holdings in shares of Williams Companies by 38.0% during the third quarter. Brookstone Capital Management now owns 12,082 shares of the pipeline company’s stock worth $552,000 after acquiring an additional 3,327 shares during the period. UMB Bank n.a. boosted its stake in Williams Companies by 3.2% in the 3rd quarter. UMB Bank n.a. now owns 14,255 shares of the pipeline company’s stock valued at $651,000 after purchasing an additional 441 shares during the period. Livforsakringsbolaget Skandia Omsesidigt grew its holdings in Williams Companies by 477.5% in the 3rd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 12,215 shares of the pipeline company’s stock valued at $557,000 after buying an additional 10,100 shares in the last quarter. Valeo Financial Advisors LLC increased its position in Williams Companies by 5.5% during the 3rd quarter. Valeo Financial Advisors LLC now owns 6,459 shares of the pipeline company’s stock worth $295,000 after buying an additional 337 shares during the period. Finally, Chickasaw Capital Management LLC increased its position in Williams Companies by 26.8% during the 3rd quarter. Chickasaw Capital Management LLC now owns 2,097,941 shares of the pipeline company’s stock worth $95,771,000 after buying an additional 443,423 shares during the period. Institutional investors and hedge funds own 86.44% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently commented on WMB. UBS Group upped their price target on shares of Williams Companies from $55.00 to $70.00 and gave the company a “buy” rating in a research note on Friday, November 15th. Bank of America assumed coverage on shares of Williams Companies in a research report on Thursday, October 17th. They set a “buy” rating and a $55.00 target price on the stock. The Goldman Sachs Group lifted their price target on shares of Williams Companies from $45.00 to $55.00 and gave the company a “neutral” rating in a research report on Tuesday, November 26th. Truist Financial increased their price target on Williams Companies from $52.00 to $56.00 and gave the stock a “hold” rating in a research report on Tuesday, December 3rd. Finally, Barclays upped their target price on Williams Companies from $46.00 to $56.00 and gave the company an “equal weight” rating in a research report on Friday, January 10th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $53.00.

Williams Companies Trading Down 0.1 %

Shares of Williams Companies stock opened at $55.93 on Friday. The firm has a market capitalization of $68.18 billion, a PE ratio of 23.60, a price-to-earnings-growth ratio of 5.06 and a beta of 1.04. The company has a current ratio of 0.57, a quick ratio of 0.51 and a debt-to-equity ratio of 1.67. The firm’s 50 day moving average is $55.91 and its 200 day moving average is $51.19. The Williams Companies, Inc. has a 1 year low of $32.65 and a 1 year high of $61.46.

Williams Companies (NYSE:WMB) last posted its earnings results on Wednesday, November 6th. The pipeline company reported $0.43 earnings per share for the quarter, topping analysts’ consensus estimates of $0.42 by $0.01. Williams Companies had a net margin of 27.36% and a return on equity of 15.89%. The firm had revenue of $2.65 billion for the quarter, compared to analysts’ expectations of $2.52 billion. During the same quarter in the previous year, the firm posted $0.45 earnings per share. The company’s revenue was up 3.7% on a year-over-year basis. Equities research analysts forecast that The Williams Companies, Inc. will post 1.91 earnings per share for the current fiscal year.

Williams Companies Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 3.58%. The ex-dividend date is Friday, March 14th. This is a boost from Williams Companies’s previous quarterly dividend of $0.48. Williams Companies’s dividend payout ratio is presently 80.17%.

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.