Insider Selling: Williams Companies, Inc. (The) (WMB) Insider Sells 81,561 Shares of Stock

Williams Companies, Inc. (The) (NYSE:WMB) insider Robyn L. Ewing sold 81,561 shares of Williams Companies, Inc. (The) stock in a transaction dated Monday, May 15th. The shares were sold at an average price of $31.14, for a total transaction of $2,539,809.54. Following the completion of the transaction, the insider now directly owns 47,003 shares of the company’s stock, valued at approximately $1,463,673.42. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.

Williams Companies, Inc. (WMB) opened at 29.12 on Friday. Williams Companies, Inc. has a 12 month low of $19.60 and a 12 month high of $32.69. The stock has a 50 day moving average of $29.77 and a 200 day moving average of $29.59. The firm has a market capitalization of $24.06 billion, a PE ratio of 1941.33 and a beta of 1.33.

Williams Companies, Inc. (The) (NYSE:WMB) last released its quarterly earnings data on Wednesday, May 3rd. The pipeline company reported $0.14 EPS for the quarter, missing analysts’ consensus estimates of $0.20 by $0.06. Williams Companies, Inc. (The) had a net margin of 0.18% and a return on equity of 3.74%. The firm had revenue of $1.99 billion during the quarter, compared to the consensus estimate of $1.98 billion. During the same quarter last year, the business posted $0.03 earnings per share. On average, equities analysts predict that Williams Companies, Inc. will post $0.97 earnings per share for the current fiscal year.

Insider Buying and Selling by Quarter for Williams Companies, Inc. (The) (NYSE:WMB)

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 26th. Stockholders of record on Friday, June 9th will be given a $0.30 dividend. The ex-dividend date is Wednesday, June 7th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.12%. Williams Companies, Inc. (The)’s dividend payout ratio (DPR) is currently -3,998.67%.

WARNING: This piece of content was originally posted by Chaffey Breeze and is the sole property of of Chaffey Breeze. If you are reading this piece of content on another domain, it was copied illegally and reposted in violation of U.S. and international trademark and copyright legislation. The legal version of this piece of content can be accessed at https://www.chaffeybreeze.com/2017/06/17/williams-companies-inc-wmb-insider-robyn-l-ewing-sells-81561-shares-of-stock-updated-updated-updated.html.

Institutional investors have recently added to or reduced their stakes in the stock. FMR LLC raised its position in Williams Companies, Inc. (The) by 1.2% in the fourth quarter. FMR LLC now owns 79,894,750 shares of the pipeline company’s stock worth $2,487,922,000 after buying an additional 973,256 shares during the period. Vanguard Group Inc. raised its position in Williams Companies, Inc. (The) by 21.7% in the first quarter. Vanguard Group Inc. now owns 61,390,821 shares of the pipeline company’s stock worth $1,816,554,000 after buying an additional 10,933,027 shares during the period. BlackRock Inc. raised its position in Williams Companies, Inc. (The) by 2,942.5% in the first quarter. BlackRock Inc. now owns 59,022,046 shares of the pipeline company’s stock worth $1,746,463,000 after buying an additional 57,082,116 shares during the period. State Street Corp raised its position in Williams Companies, Inc. (The) by 9.2% in the first quarter. State Street Corp now owns 42,289,708 shares of the pipeline company’s stock worth $1,251,350,000 after buying an additional 3,565,627 shares during the period. Finally, Lone Pine Capital LLC raised its position in Williams Companies, Inc. (The) by 76.6% in the fourth quarter. Lone Pine Capital LLC now owns 16,327,936 shares of the pipeline company’s stock worth $508,452,000 after buying an additional 7,080,689 shares during the period. Institutional investors own 85.67% of the company’s stock.

Several brokerages recently commented on WMB. Barclays PLC reaffirmed a “hold” rating and set a $33.00 target price on shares of Williams Companies, Inc. (The) in a report on Tuesday, May 16th. Wells Fargo & Company raised shares of Williams Companies, Inc. (The) from a “market perform” rating to an “outperform” rating in a report on Monday, May 15th. Scotiabank reaffirmed a “hold” rating and set a $30.00 target price on shares of Williams Companies, Inc. (The) in a report on Thursday, April 27th. Citigroup Inc. raised shares of Williams Companies, Inc. (The) from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $32.00 to $36.00 in a report on Friday, April 7th. Finally, Royal Bank Of Canada reaffirmed a “buy” rating and set a $34.00 target price on shares of Williams Companies, Inc. (The) in a report on Tuesday, June 6th. Six investment analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have issued a strong buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $32.39.

About Williams Companies, Inc. (The)

The Williams Companies, Inc is an energy infrastructure company. The Company is focused on connecting North America’s hydrocarbon resource plays to markets for natural gas, natural gas liquids (NGL), and olefins. As of December 31, 2016, its interstate gas pipelines, midstream and olefins production interests were held through its investment in Williams Partners L.P.

Receive News & Ratings for Williams Companies Inc. (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Williams Companies Inc. (The) and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply