RoundAngle Advisors LLC Acquires Shares of 35,231 The Williams Companies, Inc. (NYSE:WMB)

RoundAngle Advisors LLC bought a new stake in shares of The Williams Companies, Inc. (NYSE:WMB) in the 4th quarter, Holdings Channel reports. The institutional investor bought 35,231 shares of the pipeline company’s stock, valued at approximately $1,907,000. Williams Companies comprises about 1.8% of RoundAngle Advisors LLC’s investment portfolio, making the stock its 22nd biggest holding.

Other large investors also recently made changes to their positions in the company. Brooklyn Investment Group grew its holdings in Williams Companies by 2.6% during the third quarter. Brooklyn Investment Group now owns 7,817 shares of the pipeline company’s stock valued at $357,000 after purchasing an additional 197 shares during the period. Laurel Wealth Advisors LLC grew its holdings in shares of Williams Companies by 10.1% in the 4th quarter. Laurel Wealth Advisors LLC now owns 2,178 shares of the pipeline company’s stock valued at $118,000 after buying an additional 200 shares during the period. Dearborn Partners LLC increased its position in shares of Williams Companies by 1.1% in the 3rd quarter. Dearborn Partners LLC now owns 18,111 shares of the pipeline company’s stock valued at $827,000 after buying an additional 201 shares in the last quarter. Tidal Investments LLC raised its stake in Williams Companies by 0.5% during the 3rd quarter. Tidal Investments LLC now owns 41,514 shares of the pipeline company’s stock worth $1,895,000 after buying an additional 207 shares during the period. Finally, Pinnacle Family Advisors LLC lifted its holdings in Williams Companies by 3.3% during the third quarter. Pinnacle Family Advisors LLC now owns 6,510 shares of the pipeline company’s stock worth $297,000 after acquiring an additional 211 shares in the last quarter. Institutional investors and hedge funds own 86.44% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on WMB. Bank of America initiated coverage on Williams Companies in a report on Thursday, October 17th. They issued a “buy” rating and a $55.00 price target for the company. Barclays raised their target price on shares of Williams Companies from $46.00 to $56.00 and gave the stock an “equal weight” rating in a report on Friday, January 10th. Morgan Stanley upgraded shares of Williams Companies from an “equal weight” rating to an “overweight” rating and upped their price target for the company from $52.00 to $58.00 in a report on Friday, October 4th. Royal Bank of Canada raised their price objective on shares of Williams Companies from $47.00 to $56.00 and gave the stock an “outperform” rating in a report on Wednesday, October 16th. Finally, Mizuho upped their target price on shares of Williams Companies from $47.00 to $56.00 and gave the stock an “outperform” rating in a research note on Monday, November 4th. One investment 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 MarketBeat, the stock has an average rating of “Hold” and an average price target of $53.00.

Williams Companies Stock Performance

Shares of NYSE WMB opened at $59.22 on Monday. The stock has a market capitalization of $72.19 billion, a PE ratio of 24.99, a price-to-earnings-growth ratio of 5.36 and a beta of 1.06. The Williams Companies, Inc. has a 52 week low of $32.65 and a 52 week high of $60.36. The stock has a 50 day moving average price of $56.13 and a 200 day moving average price of $49.76. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.51 and a current ratio of 0.57.

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

Williams Companies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Friday, December 13th were issued a $0.475 dividend. The ex-dividend date was Friday, December 13th. This represents a $1.90 dividend on an annualized basis and a dividend yield of 3.21%. Williams Companies’s payout ratio is 80.17%.

Insider Activity at Williams Companies

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