Nomura Asset Management Co. Ltd. raised its holdings in Williams Companies Inc (NYSE:WMB) by 4.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 118,897 shares of the pipeline company’s stock after purchasing an additional 5,010 shares during the quarter. Nomura Asset Management Co. Ltd.’s holdings in Williams Companies were worth $3,625,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Fuller & Thaler Asset Management Inc. acquired a new position in shares of Williams Companies during the third quarter worth about $105,000. SeaCrest Wealth Management LLC acquired a new position in shares of Williams Companies during the fourth quarter worth about $117,000. Steward Partners Investment Advisory LLC acquired a new position in shares of Williams Companies during the third quarter worth about $172,000. Bronfman E.L. Rothschild L.P. increased its stake in shares of Williams Companies by 44.4% during the third quarter. Bronfman E.L. Rothschild L.P. now owns 6,550 shares of the pipeline company’s stock worth $197,000 after acquiring an additional 2,013 shares during the period. Finally, Eqis Capital Management Inc. acquired a new position in shares of Williams Companies during the fourth quarter worth about $201,000. Institutional investors own 86.53% of the company’s stock.
In related news, insider James E. Scheel sold 26,915 shares of the business’s stock in a transaction dated Thursday, January 11th. The shares were sold at an average price of $33.00, for a total transaction of $888,195.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Kathleen B. Cooper sold 4,000 shares of the business’s stock in a transaction dated Monday, February 26th. The stock was sold at an average price of $28.31, for a total transaction of $113,240.00. Following the sale, the director now directly owns 45,465 shares in the company, valued at approximately $1,287,114.15. The disclosure for this sale can be found here. In the last three months, insiders have sold 32,915 shares of company stock worth $1,057,995. 0.50% of the stock is owned by insiders.
Shares of Williams Companies Inc (NYSE WMB) opened at $28.02 on Wednesday. The company has a market cap of $23,170.00, a PE ratio of 96.62 and a beta of 1.38. Williams Companies Inc has a fifty-two week low of $26.65 and a fifty-two week high of $33.67. The company has a current ratio of 0.82, a quick ratio of 0.78 and a debt-to-equity ratio of 1.26.
Williams Companies (NYSE:WMB) last released its quarterly earnings data on Wednesday, February 14th. The pipeline company reported $0.20 EPS for the quarter, hitting analysts’ consensus estimates of $0.20. The firm had revenue of $2.23 billion for the quarter, compared to the consensus estimate of $2.16 billion. Williams Companies had a net margin of 27.07% and a return on equity of 3.38%. During the same quarter in the previous year, the firm earned ($0.02) earnings per share. analysts forecast that Williams Companies Inc will post 0.79 EPS for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 26th. Investors of record on Friday, March 9th will be issued a dividend of $0.34 per share. The ex-dividend date is Thursday, March 8th. This represents a $1.36 dividend on an annualized basis and a yield of 4.85%. This is an increase from Williams Companies’s previous quarterly dividend of $0.30. Williams Companies’s payout ratio is currently 468.97%.
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Williams Companies Profile
The Williams Companies, Inc is an energy infrastructure company. The Company is focused on connecting North America’s hydrocarbon resource plays to markets for natural gas, natural gas liquids (NGL), and olefins. As of December 31, 2016, its interstate gas pipelines, midstream and olefins production interests were held through its investment in Williams Partners L.P.
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