The Williams Companies, Inc. (NYSE:WMB) Shares Sold by Wilmington Savings Fund Society FSB

Wilmington Savings Fund Society FSB lessened its stake in The Williams Companies, Inc. (NYSE:WMB) by 6.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 27,654 shares of the pipeline company’s stock after selling 1,839 shares during the quarter. Wilmington Savings Fund Society FSB’s holdings in Williams Companies were worth $1,497,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the stock. AlphaMark Advisors LLC bought a new position in shares of Williams Companies in the 4th quarter worth about $27,000. Legacy Investment Solutions LLC bought a new stake in shares of Williams Companies in the 3rd quarter worth approximately $30,000. Financial Life Planners acquired a new position in Williams Companies during the 4th quarter valued at approximately $30,000. SOA Wealth Advisors LLC. bought a new position in Williams Companies during the 4th quarter worth $32,000. Finally, Rosenberg Matthew Hamilton lifted its stake in Williams Companies by 50.4% in the third quarter. Rosenberg Matthew Hamilton now owns 752 shares of the pipeline company’s stock valued at $34,000 after buying an additional 252 shares during the last quarter. Institutional investors own 86.44% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently commented on WMB shares. Mizuho upped their price target on shares of Williams Companies from $47.00 to $56.00 and gave the stock an “outperform” rating in a research report on Monday, November 4th. UBS Group raised their price target on shares of Williams Companies from $55.00 to $70.00 and gave the company a “buy” rating in a research note on Friday, November 15th. Scotiabank reissued a “sector perform” rating and set a $51.00 target price on shares of Williams Companies in a research note on Friday, January 10th. The Goldman Sachs Group boosted their price objective on Williams Companies from $45.00 to $55.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 26th. Finally, Bank of America started coverage on Williams Companies in a research note on Thursday, October 17th. They set a “buy” rating and a $55.00 target price for the company. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat.com, Williams Companies currently has an average rating of “Hold” and an average target price of $53.00.

Williams Companies Stock Performance

Williams Companies stock opened at $55.93 on Monday. The Williams Companies, Inc. has a fifty-two week low of $32.65 and a fifty-two week high of $61.46. The firm’s 50 day simple moving average is $55.91 and its 200-day simple moving average is $51.24. The company has a debt-to-equity ratio of 1.67, a current ratio of 0.57 and a quick ratio of 0.51. The company has a market cap of $68.18 billion, a P/E ratio of 23.60, a price-to-earnings-growth ratio of 5.06 and a beta of 1.04.

Williams Companies Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be given a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 3.58%. The ex-dividend date of this dividend is Friday, March 14th. This is a boost from Williams Companies’s previous quarterly dividend of $0.48. Williams Companies’s dividend payout ratio (DPR) is 80.17%.

About Williams Companies

The Williams Companies, Inc, together with its subsidiaries, operates as an energy infrastructure company primarily in the United States. It operates through Transmission & Gulf of Mexico, Northeast G&P, West, and Gas & NGL Marketing Services segments. The Transmission & Gulf of Mexico segment comprises natural gas pipelines; Transco, Northwest pipeline, MountainWest, and related natural gas storage facilities; and natural gas gathering and processing, and crude oil production handling and transportation assets in the Gulf Coast region.