Williams Companies, Inc. (The) (NYSE:WMB) Shares Sold by Visionary Asset Management Inc.

Visionary Asset Management Inc. cut its stake in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 9.7% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 105,104 shares of the pipeline company’s stock after selling 11,310 shares during the period. Visionary Asset Management Inc.’s holdings in Williams Companies, Inc. (The) were worth $3,183,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the company. Diversified Trust Co boosted its position in Williams Companies, Inc. (The) by 1.2% in the second quarter. Diversified Trust Co now owns 28,116 shares of the pipeline company’s stock valued at $851,000 after buying an additional 346 shares during the last quarter. North Star Investment Management Corp. boosted its position in Williams Companies, Inc. (The) by 4.2% in the second quarter. North Star Investment Management Corp. now owns 22,331 shares of the pipeline company’s stock valued at $676,000 after buying an additional 900 shares during the last quarter. Louisiana State Employees Retirement System boosted its position in Williams Companies, Inc. (The) by 1.0% in the second quarter. Louisiana State Employees Retirement System now owns 51,300 shares of the pipeline company’s stock valued at $1,553,000 after buying an additional 500 shares during the last quarter. Nisa Investment Advisors LLC boosted its position in Williams Companies, Inc. (The) by 11.8% in the second quarter. Nisa Investment Advisors LLC now owns 304,973 shares of the pipeline company’s stock valued at $9,118,000 after buying an additional 32,123 shares during the last quarter. Finally, LS Investment Advisors LLC boosted its position in Williams Companies, Inc. (The) by 2.8% in the second quarter. LS Investment Advisors LLC now owns 24,253 shares of the pipeline company’s stock valued at $734,000 after buying an additional 663 shares during the last quarter. 84.31% of the stock is owned by hedge funds and other institutional investors.

Shares of Williams Companies, Inc. (NYSE WMB) traded up 0.10% during midday trading on Friday, hitting $30.08. The stock had a trading volume of 2,391,786 shares. The firm has a market cap of $24.87 billion, a PE ratio of 47.44 and a beta of 1.38. The firm has a 50-day moving average of $30.80 and a 200 day moving average of $29.68. Williams Companies, Inc. has a 12-month low of $25.67 and a 12-month high of $32.69.

Williams Companies, Inc. (The) (NYSE:WMB) last issued its quarterly earnings data on Wednesday, August 2nd. The pipeline company reported $0.13 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.19 by $0.06. Williams Companies, Inc. (The) had a return on equity of 3.43% and a net margin of 6.24%. The firm had revenue of $1.92 billion for the quarter, compared to the consensus estimate of $2.26 billion. During the same quarter in the prior year, the firm earned $0.19 EPS. On average, analysts expect that Williams Companies, Inc. will post $1.01 earnings per share for the current year.

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A number of research analysts have recently weighed in on the company. BidaskClub cut Williams Companies, Inc. (The) from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, August 8th. Sanford C. Bernstein reissued an “outperform” rating on shares of Williams Companies, Inc. (The) in a research note on Thursday. Royal Bank Of Canada raised their price target on Williams Companies, Inc. (The) from $34.00 to $36.00 and gave the stock an “outperform” rating in a research note on Friday, August 4th. Zacks Investment Research lowered Williams Companies, Inc. (The) from a “buy” rating to a “hold” rating in a research note on Thursday, July 27th. Finally, BMO Capital Markets set a $32.00 price target on Williams Companies, Inc. (The) and gave the stock a “buy” rating in a research note on Thursday, June 15th. Four equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $34.00.

In other news, VP Ted T. Timmermans sold 2,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 8th. The stock was sold at an average price of $30.66, for a total transaction of $61,320.00. Following the completion of the sale, the vice president now owns 11,094 shares in the company, valued at $340,142.04. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, VP Ted T. Timmermans sold 1,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 16th. The stock was sold at an average price of $30.73, for a total value of $30,730.00. Following the sale, the vice president now owns 13,094 shares of the company’s stock, valued at approximately $402,378.62. The disclosure for this sale can be found here. In the last 90 days, insiders have bought 37,750 shares of company stock valued at $1,076,480 and have sold 94,561 shares valued at $2,937,560. Insiders own 0.53% of the company’s stock.

About Williams Companies, Inc. (The)

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.

Institutional Ownership by Quarter for Williams Companies, Inc. (The) (NYSE:WMB)

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