Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Williams Companies (WMB) Stock Price

Headlines about Williams Companies (NYSE:WMB) have been trending somewhat positive this week, according to Accern Sentiment. Accern rates the sentiment of media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Williams Companies earned a daily sentiment score of 0.18 on Accern’s scale. Accern also gave headlines about the pipeline company an impact score of 47.5038054262231 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

These are some of the news stories that may have effected Accern Sentiment’s scoring:

Williams Companies (WMB) traded up $0.02 on Tuesday, reaching $29.07. The company had a trading volume of 3,888,665 shares, compared to its average volume of 6,421,003. Williams Companies has a fifty-two week low of $26.82 and a fifty-two week high of $32.69. The company has a market capitalization of $24,000.00, a price-to-earnings ratio of 49.64, a PEG ratio of 3.13 and a beta of 1.37. The company has a quick ratio of 0.91, a current ratio of 0.97 and a debt-to-equity ratio of 1.38.

Williams Companies (NYSE:WMB) last released its earnings results on Wednesday, November 1st. The pipeline company reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.19 by ($0.04). Williams Companies had a return on equity of 3.23% and a net margin of 5.90%. The company had revenue of $1.89 billion for the quarter, compared to the consensus estimate of $1.79 billion. During the same quarter in the previous year, the company posted $0.20 EPS. The business’s revenue was down .7% on a year-over-year basis. equities research analysts anticipate that Williams Companies will post 0.72 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 26th. Investors of record on Friday, December 8th will be issued a dividend of $0.30 per share. The ex-dividend date is Thursday, December 7th. This represents a $1.20 annualized dividend and a yield of 4.13%. Williams Companies’s payout ratio is presently 210.53%.

WMB has been the topic of a number of research reports. BidaskClub lowered Williams Companies from a “strong-buy” rating to a “buy” rating in a report on Tuesday, August 8th. Sanford C. Bernstein restated an “outperform” rating on shares of Williams Companies in a report on Thursday, August 10th. Wolfe Research initiated coverage on Williams Companies in a report on Monday, September 25th. They issued an “outperform” rating and a $34.00 price target on the stock. Royal Bank Of Canada restated a “buy” rating and issued a $36.00 price target on shares of Williams Companies in a report on Monday, October 16th. Finally, Morgan Stanley cut their price target on Williams Companies from $34.00 to $33.00 and set an “overweight” rating on the stock in a report on Friday, November 17th. Four analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $33.83.

In related news, CEO Alan S. Armstrong bought 6,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 15th. The shares were acquired at an average price of $27.23 per share, for a total transaction of $163,380.00. Following the completion of the acquisition, the chief executive officer now owns 345,527 shares of the company’s stock, valued at approximately $9,408,700.21. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, insider Donald R. Chappel sold 272,088 shares of the company’s stock in a transaction dated Tuesday, September 26th. The stock was sold at an average price of $30.32, for a total value of $8,249,708.16. Following the sale, the insider now owns 60,032 shares in the company, valued at approximately $1,820,170.24. The disclosure for this sale can be found here. Insiders have sold 283,501 shares of company stock worth $8,590,124 in the last quarter. 0.50% of the stock is currently owned by corporate insiders.

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About Williams Companies

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.

Insider Buying and Selling by Quarter for Williams Companies (NYSE:WMB)

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