Trust Co. of Oklahoma Sells 913 Shares of The Williams Companies, Inc. (NYSE:WMB)

Trust Co. of Oklahoma reduced its position in shares of The Williams Companies, Inc. (NYSE:WMB) by 3.2% during the fourth quarter, Holdings Channel reports. The institutional investor owned 27,572 shares of the pipeline company’s stock after selling 913 shares during the period. Trust Co. of Oklahoma’s holdings in Williams Companies were worth $1,492,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Intech Investment Management LLC increased its position in shares of Williams Companies by 47.8% during the second quarter. Intech Investment Management LLC now owns 35,960 shares of the pipeline company’s stock worth $1,528,000 after acquiring an additional 11,627 shares in the last quarter. Evergreen Capital Management LLC boosted its stake in Williams Companies by 17.8% during the 2nd quarter. Evergreen Capital Management LLC now owns 25,671 shares of the pipeline company’s stock valued at $1,091,000 after purchasing an additional 3,876 shares during the last quarter. Mill Creek Capital Advisors LLC raised its stake in shares of Williams Companies by 6.8% in the second quarter. Mill Creek Capital Advisors LLC now owns 6,342 shares of the pipeline company’s stock worth $270,000 after purchasing an additional 402 shares during the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lifted its holdings in shares of Williams Companies by 60.7% in the second quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 233,388 shares of the pipeline company’s stock valued at $9,919,000 after purchasing an additional 88,147 shares in the last quarter. Finally, Point72 Europe London LLP raised its position in Williams Companies by 36.6% in the 2nd quarter. Point72 Europe London LLP now owns 212,982 shares of the pipeline company’s stock valued at $9,052,000 after buying an additional 57,106 shares during the last quarter. Institutional investors own 86.44% of the company’s stock.

Williams Companies Trading Down 2.3 %

NYSE:WMB opened at $59.22 on Thursday. The company has a market cap of $72.19 billion, a P/E ratio of 24.99, a P/E/G ratio of 5.44 and a beta of 1.06. The Williams Companies, Inc. has a 1 year low of $32.65 and a 1 year high of $61.46. 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 stock’s fifty day moving average price is $56.33 and its two-hundred day moving average price is $50.12.

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

Williams Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Friday, December 13th were paid a dividend of $0.475 per share. The ex-dividend date of this dividend was Friday, December 13th. This represents a $1.90 annualized dividend and a yield of 3.21%. Williams Companies’s dividend payout ratio is currently 80.17%.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on WMB. Morgan Stanley raised shares of Williams Companies from an “equal weight” rating to an “overweight” rating and upped their price objective for the stock from $52.00 to $58.00 in a research report on Friday, October 4th. UBS Group upped their target price on Williams Companies from $55.00 to $70.00 and gave the company a “buy” rating in a report on Friday, November 15th. Barclays lifted their price target on Williams Companies from $46.00 to $56.00 and gave the stock an “equal weight” rating in a report on Friday, January 10th. Citigroup upped their price objective on Williams Companies from $45.00 to $52.00 and gave the company a “buy” rating in a research note on Thursday, October 3rd. Finally, CIBC lifted their target price on Williams Companies from $45.00 to $54.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 22nd. 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, the stock currently has a consensus rating of “Hold” and an average price target of $53.00.

Insider Buying and Selling

In other Williams Companies news, CAO Mary A. Hausman sold 7,951 shares of the firm’s stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $56.30, for a total value of $447,641.30. Following the sale, the chief accounting officer now owns 25,858 shares of the company’s stock, valued at $1,455,805.40. This trade represents a 23.52 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.44% of the stock is currently owned by insiders.

Williams Companies 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.