Amundi Pioneer Asset Management Inc. lifted its holdings in Williams Companies Inc (NYSE:WMB) by 117.6% during the 1st quarter, HoldingsChannel reports. The fund owned 932,752 shares of the pipeline company’s stock after acquiring an additional 504,138 shares during the quarter. Amundi Pioneer Asset Management Inc.’s holdings in Williams Companies were worth $26,789,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Vanguard Group Inc lifted its holdings in Williams Companies by 47.6% during the 3rd quarter. Vanguard Group Inc now owns 93,159,173 shares of the pipeline company’s stock worth $2,532,998,000 after buying an additional 30,031,200 shares in the last quarter. Norges Bank acquired a new position in Williams Companies during the 4th quarter worth $257,472,000. Neuberger Berman Group LLC lifted its holdings in Williams Companies by 46.1% during the 1st quarter. Neuberger Berman Group LLC now owns 10,770,310 shares of the pipeline company’s stock worth $309,324,000 after buying an additional 3,397,742 shares in the last quarter. Cohen & Steers Inc. lifted its holdings in Williams Companies by 379.6% during the 4th quarter. Cohen & Steers Inc. now owns 3,502,742 shares of the pipeline company’s stock worth $77,235,000 after buying an additional 2,772,432 shares in the last quarter. Finally, Oregon Public Employees Retirement Fund lifted its holdings in Williams Companies by 2,126.0% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 2,893,269 shares of the pipeline company’s stock worth $131,000 after buying an additional 2,763,292 shares in the last quarter. 88.10% of the stock is currently owned by institutional investors and hedge funds.

Several research firms have issued reports on WMB. Mizuho set a $32.00 price objective on Williams Companies and gave the stock a “buy” rating in a report on Tuesday, March 19th. Bank of America set a $30.00 price objective on Williams Companies and gave the stock a “buy” rating in a report on Thursday, February 14th. One analyst has rated the stock with a sell rating, one has given a hold rating and twelve have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $32.33.

In other Williams Companies news, Director Stephen I. Chazen bought 10,000 shares of the company’s stock in a transaction on Monday, May 20th. The stock was bought at an average price of $27.33 per share, for a total transaction of $273,300.00. Following the transaction, the director now owns 45,730 shares of the company’s stock, valued at approximately $1,249,800.90. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, VP Ted T. Timmermans sold 5,000 shares of the company’s stock in a transaction on Wednesday, May 29th. The shares were sold at an average price of $26.06, for a total transaction of $130,300.00. Following the sale, the vice president now owns 18,666 shares of the company’s stock, valued at approximately $486,435.96. The disclosure for this sale can be found here. Insiders own 0.26% of the company’s stock.

NYSE:WMB opened at $27.21 on Thursday. Williams Companies Inc has a 52-week low of $20.36 and a 52-week high of $32.22. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.28 and a current ratio of 0.31. The firm has a market cap of $33.30 billion, a price-to-earnings ratio of 34.44, a PEG ratio of 4.50 and a beta of 1.62.

Williams Companies (NYSE:WMB) last issued its earnings results on Wednesday, May 1st. The pipeline company reported $0.22 EPS for the quarter, missing the consensus estimate of $0.24 by ($0.02). The business had revenue of $2.05 billion for the quarter, compared to the consensus estimate of $2.30 billion. Williams Companies had a negative net margin of 1.29% and a positive return on equity of 5.56%. The business’s revenue was down 1.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.19 EPS. On average, analysts expect that Williams Companies Inc will post 0.95 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 24th. Shareholders of record on Friday, June 7th will be given a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a dividend yield of 5.59%. The ex-dividend date is Thursday, June 6th. Williams Companies’s payout ratio is 192.41%.

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Williams Companies Company Profile

The Williams Companies, Inc operates as an energy infrastructure company primarily in the United States. The company's Northeast G&P segment engages in the natural gas gathering, compression, and processing business, as well as natural gas liquids (NGL) fractionation business in the Marcellus and Utica Shale regions in Pennsylvania, West Virginia, New York, and Ohio.

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Institutional Ownership by Quarter for Williams Companies (NYSE:WMB)

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