Strs Ohio sells 4,649 shares of The Williams Companies, Inc. (NYSE: WMB)

Strs Ohio reduced its stake in The Williams Companies, Inc. (NYSE: WMBGet a rating) by 4.6% in the first quarter, Holdings reports. The company held 95,551 shares of the pipeline company after selling 4,649 shares during the period. Strs Ohio’s holdings in Williams Companies were worth $3,192,000 when it was last filed with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently changed their stake in the company. Gateway Investment Advisers LLC bought a new stake in Williams Companies in Q1 worth $236,000. The Louisiana State Employees Retirement System increased its holdings in Williams Companies by 0.7% in the fourth quarter. The Louisiana State Employees Retirement System now owns 76,100 shares of the pipeline company valued at $1,982,000 after purchasing an additional 500 shares during the period. Ritholtz Wealth Management increased its holdings in Williams Companies by 13.7% in the fourth quarter. Ritholtz Wealth Management now owns 16,808 shares of the pipeline company valued at $438,000 after purchasing 2,021 additional shares during the period. Benjamin F. Edwards & Company Inc. increased its stake in Williams Companies by 3,402.2% in the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 6,514 shares of the pipeline company valued at $170,000 after purchasing an additional 6,328 shares during the period. Finally, King Luther Capital Management Corp bought a new stock position in Williams Companies during Q4 for a value of approximately $516,000. 86.10% of the shares are held by hedge funds and other institutional investors.

Shares of WMB opened at $31.32 on Friday. The company has a market capitalization of $38.15 billion, a P/E ratio of 26.10, a PEG ratio of 5.48 and a beta of 1.20. The company has a debt ratio of 1.49, a current ratio of 0.73 and a quick ratio of 0.69. The Williams Companies, Inc. has a one-year low of $23.53 and a one-year high of $37.97. The company’s 50-day simple moving average is $34.04 and its 200-day simple moving average is $32.09.

Williams Companies (NYSE: WMBGet a rating) last announced its results on Monday, May 2. The pipeline company reported EPS of $0.41 for the quarter, beating the consensus estimate of $0.36 by $0.05. Williams Companies had a return on equity of 12.20% and a net margin of 13.95%. The company posted revenue of $2.52 billion for the quarter, versus a consensus estimate of $3.19 billion. During the same period of the previous year, the company achieved EPS of $0.35. On average, sell-side analysts expect The Williams Companies, Inc. to post EPS of 1.55 for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 27. Investors of record on Friday, June 10 received a dividend of $0.425. This represents an annualized dividend of $1.70 and a yield of 5.43%. The ex-dividend date was Thursday, June 9. The Williams Companies dividend payout ratio (DPR) is currently 141.67%.

In related news, please Debbie L. Cowan sold 36,228 shares of the company in a transaction that took place on Wednesday, June 8. The shares were sold at an average price of $37.75, for a total value of $1,367,607.00. Following completion of the transaction, the Senior Vice President now owns 62,891 shares of the company, valued at approximately $2,374,135.25. The transaction was disclosed in a filing with the Securities & Exchange Commission, accessible via the SEC website. Insiders own 0.43% of the shares of the company.

A number of research analysts have commented on WMB shares. Raymond James raised his price target on shares of Williams Companies from $36.00 to $40.00 and gave the stock a “strong buy” rating in a Wednesday, April 20 research note. US Capital Advisors reaffirmed a “hold” rating on shares of Williams Companies in a Wednesday, June 1 report. Wells Fargo & Company lowered its price target on Williams Companies from $40.00 to $39.00 and set an “overweight” rating on the stock in a Friday, May 20 report. Mizuho raised its price target on Williams Companies from $35.00 to $39.00 in a Wednesday, May 4 report. To finish, began covering the Williams Companies in a report on Thursday, March 31. They have placed a “holding” rating on the stock. Five investment analysts gave the stock a hold rating, nine gave the stock a buy rating and one gave the stock a strong buy rating. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $35.54.

Company Profile 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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