SG Americas Securities LLC Trims Holdings in Williams Companies Inc (WMB)

SG Americas Securities LLC decreased its position in shares of Williams Companies Inc (NYSE:WMB) by 88.3% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 9,112 shares of the pipeline company’s stock after selling 68,887 shares during the quarter. SG Americas Securities LLC’s holdings in Williams Companies were worth $247,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. Daiwa Securities Group Inc. lifted its holdings in Williams Companies by 6.7% during the 2nd quarter. Daiwa Securities Group Inc. now owns 28,648 shares of the pipeline company’s stock worth $777,000 after buying an additional 1,790 shares in the last quarter. Syntal Capital Partners LLC lifted its stake in shares of Williams Companies by 7.9% in the 1st quarter. Syntal Capital Partners LLC now owns 25,306 shares of the pipeline company’s stock valued at $629,000 after purchasing an additional 1,857 shares during the period. Bray Capital Advisors lifted its stake in shares of Williams Companies by 100.0% in the 2nd quarter. Bray Capital Advisors now owns 4,000 shares of the pipeline company’s stock valued at $108,000 after purchasing an additional 2,000 shares during the period. Sumitomo Life Insurance Co. lifted its stake in shares of Williams Companies by 5.1% in the 2nd quarter. Sumitomo Life Insurance Co. now owns 43,800 shares of the pipeline company’s stock valued at $1,187,000 after purchasing an additional 2,141 shares during the period. Finally, Assetmark Inc. lifted its stake in shares of Williams Companies by 14.9% in the 2nd quarter. Assetmark Inc. now owns 16,807 shares of the pipeline company’s stock valued at $456,000 after purchasing an additional 2,174 shares during the period. 86.51% of the stock is currently owned by hedge funds and other institutional investors.

WMB opened at $27.26 on Wednesday. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.79 and a quick ratio of 0.71. Williams Companies Inc has a 12 month low of $24.00 and a 12 month high of $33.67. The firm has a market capitalization of $23.08 billion, a P/E ratio of 43.27, a PEG ratio of 4.73 and a beta of 1.51.

Williams Companies (NYSE:WMB) last released its quarterly earnings data on Wednesday, August 1st. The pipeline company reported $0.17 EPS for the quarter, missing the Zacks’ consensus estimate of $0.18 by ($0.01). Williams Companies had a net margin of 24.19% and a return on equity of 3.82%. The firm had revenue of $2.09 billion during the quarter, compared to the consensus estimate of $2 billion. During the same quarter in the prior year, the company earned $0.13 EPS. sell-side analysts forecast that Williams Companies Inc will post 0.79 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 24th. Investors of record on Friday, September 7th were given a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a dividend yield of 4.99%. The ex-dividend date of this dividend was Thursday, September 6th. Williams Companies’s dividend payout ratio is currently 215.87%.

In related news, SVP Frank J. Ferazzi sold 1,100 shares of the company’s stock in a transaction on Monday, August 6th. The shares were sold at an average price of $31.31, for a total value of $34,441.00. Following the completion of the sale, the senior vice president now owns 15,037 shares in the company, valued at approximately $470,808.47. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, VP Ted T. Timmermans sold 20,267 shares of the company’s stock in a transaction on Tuesday, August 7th. The shares were sold at an average price of $32.00, for a total transaction of $648,544.00. Following the completion of the sale, the vice president now owns 9,955 shares of the company’s stock, valued at approximately $318,560. The disclosure for this sale can be found here. 0.50% of the stock is owned by corporate insiders.

A number of research firms have recently weighed in on WMB. Stifel Nicolaus began coverage on Williams Companies in a research note on Tuesday, August 7th. They issued a “buy” rating and a $35.00 price target on the stock. ValuEngine raised Williams Companies from a “sell” rating to a “hold” rating in a research note on Thursday, July 19th. Zacks Investment Research raised Williams Companies from a “sell” rating to a “hold” rating in a research note on Tuesday, July 31st. UBS Group increased their price target on Williams Companies from $36.00 to $38.00 and gave the company a “buy” rating in a research note on Friday, August 10th. Finally, US Capital Advisors reissued a “buy” rating on shares of Williams Companies in a research note on Tuesday, July 17th. Five analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $33.43.

Williams Companies Profile

The Williams Companies, Inc operates as an energy infrastructure company primarily in the United States. It owns and operates natural gas pipeline system extending from Texas, Louisiana, Mississippi, and the Gulf of Mexico through Alabama, Georgia, South Carolina, North Carolina, Virginia, Maryland, Delaware, Pennsylvania, and New Jersey to the New York City metropolitan area.

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

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