MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH reduces its equity position in The Williams Companies, Inc. (NYSE:WMB)


MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH reduced its stake in The Williams Companies, Inc. (NYSE: WMBGet a rating) by 18.4% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund held 7,197 shares of the pipeline company after selling 1,621 shares during the period. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH’s holdings in Williams Companies were worth $243,000 when it last filed with the SEC.

A number of other institutional investors and hedge funds have also recently changed their positions in the stock. BlackRock Inc. increased its position in Williams Companies by 8.0% in the fourth quarter. BlackRock Inc. now owns 108,224,766 shares of the pipeline company valued at $2,818,173,000 after acquiring an additional 8,047,294 shares in the last quarter. Geode Capital Management LLC increased its stake in Williams Companies by 2.6% in the fourth quarter. Geode Capital Management LLC now owns 23,035,416 shares of the pipeline company valued at $598,316,000 after purchasing an additional 577,908 shares during the period. Bank of New York Mellon Corp increased its stake in Williams Companies by 10.9% in the third quarter. Bank of New York Mellon Corp now owns 15,064,224 shares of the pipeline company valued at $390,767,000 after purchasing an additional 1,477,599 shares during the period. Legal & General Group Plc increased its stake in Williams Companies by 0.3% in the fourth quarter. Legal & General Group Plc now owns 10,406,127 shares of the pipeline company valued at $270,975,000 after purchasing an additional 28,650 shares during the period. Finally, Dimensional Fund Advisors LP increased its stake in Williams Companies by 5.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 9,542,008 shares of the pipeline company valued at $248,458,000 after purchasing an additional 465,878 shares during the period. 86.10% of the shares are held by hedge funds and other institutional investors.

WMB Stock opened at $30.05 on Friday. The company has a market capitalization of $36.60 billion, a P/E ratio of 25.04, a P/E/G ratio of 5.64 and a beta of 1.16. The Williams Companies, Inc. has a 52-week low of $23.53 and a 52-week high of $37.97. The company’s 50-day moving average price is $34.82 and its 200-day moving average price is $31.76. The company has a current ratio of 0.73, a quick ratio of 0.69 and a debt ratio of 1.49.

Williams Companies (NYSE: WMBGet a rating) last released its quarterly earnings data on Monday, May 2. The pipeline company reported EPS of $0.41 for the quarter, beating analyst consensus estimates of $0.36 by $0.05. The company posted revenue of $2.52 billion for the quarter, versus a consensus estimate of $3.19 billion. Williams Companies had a net margin of 13.95% and a return on equity of 12.20%. In the same quarter of the previous year, the company made earnings per share of $0.35. On average, equity research analysts expect The Williams Companies, Inc. to post earnings per share of 1.55 for the current year.

The company also recently declared a quarterly dividend, which will be paid on Monday, June 27. Shareholders of record on Friday, June 10 will receive a dividend of $0.425. This represents an annualized dividend of $1.70 and a dividend yield of 5.66%. The ex-dividend date is Thursday, June 9. The Williams Companies dividend payout ratio (DPR) is currently 141.67%.

A number of research analysts have commented on WMB shares. Credit Suisse Group raised its price target on shares of Williams Companies from $34.00 to $36.00 and gave the company an “outperform” rating in a Wednesday, March 16 research note. Raymond James raised his price target on shares of Williams Companies from $36.00 to $40.00 and gave the company a “Strong Buy” rating in a Wednesday, April 20 research note. TD Securities raised its price target on shares of Williams Companies from $36.00 to $38.00 and gave the company a “buy” rating in a Wednesday, May 4 research note. Stifel Nicolaus raised his price target on shares of Williams Companies from $31.00 to $34.00 and gave the stock a “buy” rating in a Tuesday, March 1 research note. To finish, StockNews.com launched coverage on the shares of Williams Companies in a research note on Thursday, March 31. They have placed a “holding” rating on the stock. Five analysts gave the stock a hold rating, nine gave the company a buy rating and one gave the company a strong buy rating. According to data from MarketBeat.com, Williams Companies currently has an average rating of “Moderate Buy” and a consensus target price of $35.54.

In other Williams Companies news, SVP Debbie L. Cowan sold 36,228 shares of the company in a trade dated Wednesday, June 8. The shares were sold at an average price of $37.75, for a total value of $1,367,607.00. Following the sale, the senior vice president now owns 62,891 shares of the company, valued at $2,374,135.25. The sale was disclosed in a legal filing with the Securities & Exchange Commission, accessible via the SEC website. Also, please Scott A. Hallam sold 15,607 shares of the company in a trade dated Wednesday, April 6. The shares were sold at an average price of $33.30, for a total transaction of $519,713.10. Following the completion of the sale, the Senior Vice President now directly owns 164,054 shares of the company, valued at approximately $5,462,998.20. Disclosure of this sale can be found here. 0.43% of the shares are held by insiders.

About the Williams Companies (Get a rating)

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

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Institutional ownership by quarter for Williams companies (NYSE:WMB)



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