Centered Wealth LLC dba Miller Equity Capital Advisors Has $2.60 Million Stock Holdings in The Williams Companies, Inc. (NYSE:WMB)

Centered Wealth LLC dba Miller Equity Capital Advisors lowered its holdings in The Williams Companies, Inc. (NYSE:WMB) by 1.9% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 48,040 shares of the pipeline company’s stock after selling 930 shares during the quarter. Williams Companies accounts for about 1.0% of Centered Wealth LLC dba Miller Equity Capital Advisors’ investment portfolio, making the stock its 25th largest position. Centered Wealth LLC dba Miller Equity Capital Advisors’ holdings in Williams Companies were worth $2,600,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Quent Capital LLC bought a new stake in shares of Williams Companies in the fourth quarter valued at about $25,000. Bank of Jackson Hole Trust bought a new stake in shares of Williams Companies in the 4th quarter worth approximately $25,000. AlphaMark Advisors LLC acquired a new stake in shares of Williams Companies during the 4th quarter worth approximately $27,000. Legacy Investment Solutions LLC acquired a new stake in shares of Williams Companies during the 3rd quarter worth approximately $30,000. Finally, Financial Life Planners bought a new stake in shares of Williams Companies during the fourth quarter valued at approximately $30,000. 86.44% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Williams Companies news, SVP Chad A. Teply sold 26,000 shares of the firm’s stock in a transaction dated Thursday, February 27th. The stock was sold at an average price of $56.46, for a total transaction of $1,467,960.00. Following the transaction, the senior vice president now owns 133,048 shares in the company, valued at approximately $7,511,890.08. This trade represents a 16.35 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.44% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the stock. Citigroup lifted their price target on shares of Williams Companies from $63.00 to $65.00 and gave the stock a “buy” rating in a research note on Tuesday, February 25th. Royal Bank of Canada upped their target price on shares of Williams Companies from $62.00 to $63.00 and gave the company an “outperform” rating in a research note on Tuesday. CIBC lifted their price objective on Williams Companies from $56.00 to $57.00 and gave the company a “neutral” rating in a report on Tuesday. Barclays increased their target price on Williams Companies from $46.00 to $56.00 and gave the stock an “equal weight” rating in a report on Friday, January 10th. Finally, UBS Group boosted their price target on Williams Companies from $55.00 to $70.00 and gave the company a “buy” rating in a research note on Friday, November 15th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and nine have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $54.93.

Williams Companies Stock Down 1.2 %

NYSE:WMB opened at $56.90 on Wednesday. The company has a market cap of $69.38 billion, a price-to-earnings ratio of 31.09, a P/E/G ratio of 5.01 and a beta of 1.04. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.45 and a current ratio of 0.50. The stock’s fifty day moving average price is $56.65 and its two-hundred day moving average price is $52.98. The Williams Companies, Inc. has a 52-week low of $35.74 and a 52-week high of $61.46.

Williams Companies (NYSE:WMB) last posted its quarterly earnings results on Wednesday, February 12th. The pipeline company reported $0.47 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.47. Williams Companies had a return on equity of 15.85% and a net margin of 21.17%. On average, analysts anticipate that The Williams Companies, Inc. will post 2.08 EPS for the current year.

Williams Companies Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be paid a $0.50 dividend. The ex-dividend date is Friday, March 14th. This is a boost from Williams Companies’s previous quarterly dividend of $0.48. This represents a $2.00 dividend on an annualized basis and a yield of 3.51%. Williams Companies’s dividend payout ratio (DPR) is presently 109.29%.

Williams Companies Company 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.