Dividend Assets Capital LLC Has $6.21 Million Stock Holdings in The Williams Companies, Inc. (NYSE:WMB)

Dividend Assets Capital LLC decreased its position in The Williams Companies, Inc. (NYSE:WMB) by 3.1% during the 4th quarter, Holdings Channel reports. The firm owned 114,748 shares of the pipeline company’s stock after selling 3,712 shares during the quarter. Williams Companies makes up 1.2% of Dividend Assets Capital LLC’s investment portfolio, making the stock its 28th biggest holding. Dividend Assets Capital LLC’s holdings in Williams Companies were worth $6,210,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in WMB. Allspring Global Investments Holdings LLC increased its holdings in shares of Williams Companies by 132.3% during the third quarter. Allspring Global Investments Holdings LLC now owns 146,247 shares of the pipeline company’s stock worth $6,676,000 after buying an additional 83,300 shares in the last quarter. Sequoia Financial Advisors LLC raised its holdings in shares of Williams Companies by 50.6% in the third quarter. Sequoia Financial Advisors LLC now owns 36,459 shares of the pipeline company’s stock valued at $1,664,000 after buying an additional 12,256 shares during the last quarter. Private Advisor Group LLC lifted its position in Williams Companies by 8.2% during the 3rd quarter. Private Advisor Group LLC now owns 106,170 shares of the pipeline company’s stock worth $4,847,000 after buying an additional 8,015 shares in the last quarter. Commerzbank Aktiengesellschaft FI bought a new stake in Williams Companies during the 3rd quarter worth about $284,000. Finally, International Assets Investment Management LLC increased its position in Williams Companies by 494.7% in the 3rd quarter. International Assets Investment Management LLC now owns 394,161 shares of the pipeline company’s stock valued at $17,993,000 after acquiring an additional 327,877 shares in the last quarter. Institutional investors and hedge funds own 86.44% of the company’s stock.

Williams Companies Trading Down 1.7 %

Shares of NYSE WMB opened at $57.44 on Friday. The company has a quick ratio of 0.45, a current ratio of 0.50 and a debt-to-equity ratio of 1.67. The Williams Companies, Inc. has a twelve month low of $34.26 and a twelve month high of $61.46. The company’s fifty day moving average is $56.15 and its 200-day moving average is $52.18. The stock has a market cap of $70.01 billion, a price-to-earnings ratio of 31.39, a P/E/G ratio of 5.01 and a beta of 1.04.

Williams Companies (NYSE:WMB) last posted its earnings results on Wednesday, February 12th. The pipeline company reported $0.47 earnings per share for the quarter, hitting the consensus estimate of $0.47. Williams Companies had a return on equity of 15.85% and a net margin of 21.17%. Equities research analysts predict that The Williams Companies, Inc. will post 2.08 EPS for the current year.

Williams Companies Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 3.48%. This is a boost from Williams Companies’s previous quarterly dividend of $0.48. The ex-dividend date of this dividend is Friday, March 14th. Williams Companies’s dividend payout ratio is presently 103.83%.

Analyst Ratings Changes

Several research firms have recently commented on WMB. Scotiabank reissued a “sector perform” rating and set a $51.00 price target on shares of Williams Companies in a research note on Friday, January 10th. Barclays upped their price target on Williams Companies from $46.00 to $56.00 and gave the company an “equal weight” rating 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 report on Tuesday, November 26th. UBS Group upped their target price on shares of Williams Companies from $55.00 to $70.00 and gave the company a “buy” rating in a research report on Friday, November 15th. Finally, Mizuho lifted 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. 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 stock. According to data from MarketBeat, Williams Companies has an average rating of “Hold” and a consensus target price of $53.29.

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.