Venturi Wealth Management LLC Has $3.20 Million Position in Williams Companies Inc (NYSE:WMB)

Venturi Wealth Management LLC reduced its stake in shares of Williams Companies Inc (NYSE:WMB) by 13.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 135,010 shares of the pipeline company’s stock after selling 21,736 shares during the quarter. Venturi Wealth Management LLC’s holdings in Williams Companies were worth $3,202,000 as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of WMB. Synovus Financial Corp lifted its stake in shares of Williams Companies by 5.2% in the third quarter. Synovus Financial Corp now owns 9,172 shares of the pipeline company’s stock worth $220,000 after buying an additional 451 shares during the last quarter. Lindbrook Capital LLC increased its position in Williams Companies by 19.0% during the third quarter. Lindbrook Capital LLC now owns 2,886 shares of the pipeline company’s stock worth $69,000 after acquiring an additional 461 shares during the period. Pinnacle Financial Partners Inc. increased its position in Williams Companies by 1.7% during the third quarter. Pinnacle Financial Partners Inc. now owns 31,203 shares of the pipeline company’s stock worth $751,000 after acquiring an additional 512 shares during the period. Merit Financial Group LLC increased its position in Williams Companies by 3.6% during the third quarter. Merit Financial Group LLC now owns 15,149 shares of the pipeline company’s stock worth $364,000 after acquiring an additional 528 shares during the period. Finally, Citizens Financial Group Inc RI increased its position in Williams Companies by 83.5% during the third quarter. Citizens Financial Group Inc RI now owns 1,180 shares of the pipeline company’s stock worth $29,000 after acquiring an additional 537 shares during the period. Institutional investors and hedge funds own 86.75% of the company’s stock.

Shares of NYSE:WMB traded down $0.40 on Monday, hitting $21.79. The stock had a trading volume of 583,121 shares, compared to its average volume of 8,988,793. Williams Companies Inc has a twelve month low of $21.90 and a twelve month high of $29.55. The company has a debt-to-equity ratio of 1.23, a quick ratio of 0.39 and a current ratio of 0.43. The firm’s 50 day moving average price is $23.37 and its 200-day moving average price is $23.89. The company has a market capitalization of $26.90 billion, a price-to-earnings ratio of 167.62, a price-to-earnings-growth ratio of 4.39 and a beta of 1.55.

Williams Companies (NYSE:WMB) last issued its earnings results on Wednesday, October 30th. The pipeline company reported $0.26 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.25 by $0.01. Williams Companies had a net margin of 1.87% and a return on equity of 6.95%. The company had revenue of $2 billion for the quarter, compared to the consensus estimate of $2.04 billion. During the same quarter in the previous year, the company earned $0.13 EPS. The firm’s revenue for the quarter was down 13.2% compared to the same quarter last year. As a group, sell-side analysts predict that Williams Companies Inc will post 0.92 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Friday, December 13th were paid a $0.38 dividend. The ex-dividend date of this dividend was Thursday, December 12th. This represents a $1.52 annualized dividend and a dividend yield of 6.98%. Williams Companies’s dividend payout ratio is presently 192.41%.

A number of equities analysts recently issued reports on the stock. UBS Group reaffirmed a “buy” rating and set a $29.00 target price (down previously from $30.00) on shares of Williams Companies in a research report on Monday, November 25th. TD Securities dropped their target price on shares of Williams Companies from $29.00 to $28.00 and set a “buy” rating on the stock in a research report on Friday, December 6th. Raymond James lowered their price target on shares of Williams Companies from $33.00 to $32.00 and set a “strong-buy” rating on the stock in a report on Wednesday, October 23rd. Zacks Investment Research raised shares of Williams Companies from a “strong sell” rating to a “hold” rating and set a $20.00 price target on the stock in a report on Sunday, November 3rd. Finally, Wolfe Research lowered shares of Williams Companies from an “outperform” rating to a “peer perform” rating in a report on Wednesday, January 8th. Eight analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $27.73.

Williams Companies Company Profile

The Williams Companies, Inc operates as an energy infrastructure company primarily in the United States. The company's Northeast G&P segment engages in the natural gas gathering, compression, and processing business, as well as natural gas liquids (NGL) fractionation business in the Marcellus and Utica Shale regions in Pennsylvania, West Virginia, New York, and Ohio.

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Institutional Ownership by Quarter for Williams Companies (NYSE:WMB)

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