Mount Yale Investment Advisors LLC Has $1.29 Million Stock Holdings in The Williams Companies, Inc. (NYSE:WMB)

Mount Yale Investment Advisors LLC decreased its stake in shares of The Williams Companies, Inc. (NYSE:WMB) by 30.4% during the 4th quarter, Holdings Channel reports. The institutional investor owned 23,794 shares of the pipeline company’s stock after selling 10,412 shares during the period. Mount Yale Investment Advisors LLC’s holdings in Williams Companies were worth $1,288,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. AlphaMark Advisors LLC bought a new position in shares of Williams Companies in the fourth quarter worth about $27,000. Legacy Investment Solutions LLC bought a new position in Williams Companies in the 3rd quarter worth approximately $30,000. Rosenberg Matthew Hamilton raised its position in Williams Companies by 50.4% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 752 shares of the pipeline company’s stock worth $34,000 after purchasing an additional 252 shares during the last quarter. Quarry LP acquired a new position in Williams Companies during the 2nd quarter worth $35,000. Finally, FSA Wealth Management LLC bought a new position in Williams Companies in the 3rd quarter valued at $38,000. Institutional investors own 86.44% of the company’s stock.

Williams Companies Stock Performance

Shares of Williams Companies stock opened at $54.46 on Tuesday. The Williams Companies, Inc. has a 12 month low of $32.65 and a 12 month high of $61.46. 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 has a market capitalization of $66.39 billion, a PE ratio of 22.98, a PEG ratio of 5.31 and a beta of 1.06. The stock’s fifty day simple moving average is $56.47 and its 200 day simple moving average is $50.41.

Williams Companies (NYSE:WMB) last released its quarterly earnings results on Wednesday, November 6th. The pipeline company reported $0.43 EPS 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 for the quarter, compared to analyst estimates of $2.52 billion. During the same quarter last year, the firm posted $0.45 earnings per share. Williams Companies’s revenue was up 3.7% compared to the same quarter last year. On average, research analysts predict that The Williams Companies, Inc. will post 1.92 EPS for the current 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 issued a $0.475 dividend. This represents a $1.90 annualized dividend and a dividend yield of 3.49%. The ex-dividend date was Friday, December 13th. Williams Companies’s dividend payout ratio (DPR) is presently 80.17%.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on WMB. Truist Financial boosted their target price on Williams Companies from $52.00 to $56.00 and gave the stock a “hold” rating in a research report on Tuesday, December 3rd. Bank of America assumed coverage on Williams Companies in a report on Thursday, October 17th. They set a “buy” rating and a $55.00 price objective for the company. Scotiabank reaffirmed a “sector perform” rating and issued 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 target 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. Finally, CIBC raised their price objective on shares of Williams Companies from $45.00 to $54.00 and gave the company a “neutral” rating in a research note on Tuesday, October 22nd. One research analyst has rated the stock with a sell rating, eight have given a hold rating and nine have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $53.00.

Insider Transactions at Williams Companies

In related news, CAO Mary A. Hausman sold 7,951 shares of the company’s stock in a transaction on Friday, November 8th. The shares were sold at an average price of $56.30, for a total value of $447,641.30. Following the completion of the transaction, the chief accounting officer now directly owns 25,858 shares of the company’s stock, valued at approximately $1,455,805.40. This represents a 23.52 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.44% of the stock is owned by insiders.

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.