The Williams Companies, Inc. (NYSE:WMB) Shares Bought by Mirador Capital Partners LP

Mirador Capital Partners LP boosted its holdings in The Williams Companies, Inc. (NYSE:WMB) by 2.9% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 16,516 shares of the pipeline company’s stock after purchasing an additional 468 shares during the quarter. Mirador Capital Partners LP’s holdings in Williams Companies were worth $894,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Legacy Investment Solutions LLC acquired a new position in shares of Williams Companies in the 3rd quarter valued at $30,000. Rosenberg Matthew Hamilton boosted its position in shares of Williams Companies by 50.4% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 752 shares of the pipeline company’s stock valued at $34,000 after purchasing an additional 252 shares during the period. Quarry LP acquired a new stake in shares of Williams Companies in the second quarter valued at approximately $35,000. FSA Wealth Management LLC purchased a new position in Williams Companies during the 3rd quarter worth $38,000. Finally, Kimelman & Baird LLC acquired a new position in Williams Companies in the 2nd quarter valued at about $42,000. 86.44% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Williams Companies

In other news, CAO Mary A. Hausman sold 7,951 shares of the business’s stock in a transaction that occurred on Friday, November 8th. The stock was sold at an average price of $56.30, for a total transaction of $447,641.30. Following the completion of the transaction, the chief accounting officer now directly owns 25,858 shares in the company, valued at approximately $1,455,805.40. The trade was a 23.52 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.44% of the company’s stock.

Analyst Upgrades and Downgrades

WMB has been the topic of several analyst reports. UBS Group lifted their target price on Williams Companies from $55.00 to $70.00 and gave the company a “buy” rating in a research note on Friday, November 15th. The Goldman Sachs Group raised their target price on shares of Williams Companies from $45.00 to $55.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 26th. Citigroup boosted their price target on shares of Williams Companies from $45.00 to $52.00 and gave the stock a “buy” rating in a research note on Thursday, October 3rd. Barclays raised their price objective on shares of Williams Companies from $46.00 to $56.00 and gave the company an “equal weight” rating in a research report on Friday, January 10th. Finally, CIBC boosted their target price on Williams Companies from $45.00 to $54.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 22nd. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and nine have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $53.00.

Williams Companies Price Performance

Shares of NYSE WMB opened at $58.36 on Thursday. The company has a current ratio of 0.57, a quick ratio of 0.51 and a debt-to-equity ratio of 1.67. The company’s 50-day moving average price is $55.95 and its 200 day moving average price is $49.46. The Williams Companies, Inc. has a 52 week low of $32.65 and a 52 week high of $60.36. The stock has a market cap of $71.14 billion, a price-to-earnings ratio of 24.62, a PEG ratio of 5.36 and a beta of 1.06.

Williams Companies (NYSE:WMB) last released its quarterly earnings results on Wednesday, November 6th. The pipeline company reported $0.43 earnings per share for the quarter, topping analysts’ consensus estimates of $0.42 by $0.01. Williams Companies had a return on equity of 15.89% and a net margin of 27.36%. The company had revenue of $2.65 billion during the quarter, compared to analysts’ expectations of $2.52 billion. During the same period in the previous year, the firm posted $0.45 earnings per share. The business’s revenue for the quarter was up 3.7% compared to the same quarter last year. As a group, research analysts forecast that The Williams Companies, Inc. will post 1.92 earnings per share for the current fiscal year.

Williams Companies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Friday, December 13th were given a dividend of $0.475 per share. The ex-dividend date was Friday, December 13th. This represents a $1.90 annualized dividend and a dividend yield of 3.26%. Williams Companies’s payout ratio is 80.17%.

Williams Companies Company Profile

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.