Hantz Financial Services Inc. Has $12.73 Million Stock Holdings in The Williams Companies, Inc. (NYSE:WMB)

Hantz Financial Services Inc. cut its position in The Williams Companies, Inc. (NYSE:WMB) by 5.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 278,840 shares of the pipeline company’s stock after selling 15,683 shares during the quarter. Hantz Financial Services Inc.’s holdings in Williams Companies were worth $12,729,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of WMB. Burney Co. increased its position in Williams Companies by 3.0% in the 1st quarter. Burney Co. now owns 50,083 shares of the pipeline company’s stock worth $1,952,000 after buying an additional 1,437 shares during the period. Cetera Investment Advisers increased its stake in Williams Companies by 180.6% during the first quarter. Cetera Investment Advisers now owns 638,120 shares of the pipeline company’s stock valued at $24,868,000 after acquiring an additional 410,705 shares during the period. Cetera Advisors LLC raised its holdings in Williams Companies by 189.4% in the 1st quarter. Cetera Advisors LLC now owns 199,351 shares of the pipeline company’s stock valued at $7,769,000 after acquiring an additional 130,477 shares in the last quarter. NBW Capital LLC increased its position in shares of Williams Companies by 3.4% during the first quarter. NBW Capital LLC now owns 270,546 shares of the pipeline company’s stock valued at $10,543,000 after purchasing an additional 8,775 shares during the period. Finally, Abich Financial Wealth Management LLC lifted its position in Williams Companies by 56.3% in the first quarter. Abich Financial Wealth Management LLC now owns 3,446 shares of the pipeline company’s stock worth $134,000 after purchasing an additional 1,241 shares during the period. Institutional investors and hedge funds own 86.44% of the company’s stock.

Wall Street Analysts Forecast Growth

WMB has been the topic of several recent research reports. Barclays lifted their target price on shares of Williams Companies from $42.00 to $46.00 and gave the company an “equal weight” rating in a research report on Wednesday, October 2nd. StockNews.com lowered Williams Companies from a “buy” rating to a “hold” rating in a research note on Tuesday, August 6th. Bank of America assumed coverage on Williams Companies in a research report on Thursday, October 17th. They set a “buy” rating and a $55.00 target price for the company. Scotiabank increased their price objective on Williams Companies from $43.00 to $48.00 and gave the stock a “sector perform” rating in a research note on Thursday, August 8th. Finally, Royal Bank of Canada boosted their target price on shares of Williams Companies from $47.00 to $56.00 and gave the company an “outperform” rating in a research note on Wednesday, October 16th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and nine have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $51.79.

Williams Companies Stock Down 0.4 %

NYSE:WMB opened at $58.14 on Friday. The company has a market cap of $70.87 billion, a price-to-earnings ratio of 24.53, a P/E/G ratio of 5.96 and a beta of 1.03. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.51 and a current ratio of 0.57. The stock’s fifty day moving average price is $52.38 and its two-hundred day moving average price is $46.17. The Williams Companies, Inc. has a 52-week low of $32.65 and a 52-week high of $60.36.

Williams Companies (NYSE:WMB) last issued its quarterly earnings results on Wednesday, November 6th. The pipeline company reported $0.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.42 by $0.01. The business had revenue of $2.65 billion for the quarter, compared to analyst estimates of $2.52 billion. Williams Companies had a return on equity of 15.89% and a net margin of 27.36%. The firm’s revenue for the quarter was up 3.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.45 earnings per share. On average, analysts anticipate that The Williams Companies, Inc. will post 1.92 EPS for the current year.

Williams Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 30th. Stockholders of record on Friday, December 13th will be given a dividend of $0.475 per share. This represents a $1.90 annualized dividend and a dividend yield of 3.27%. The ex-dividend date of this dividend is Friday, December 13th. Williams Companies’s dividend payout ratio is 80.17%.

Insider Buying and Selling

In other Williams Companies news, SVP Terrance Lane Wilson sold 2,000 shares of Williams Companies stock in a transaction on Tuesday, October 1st. The shares were sold at an average price of $45.29, for a total transaction of $90,580.00. Following the completion of the sale, the senior vice president now owns 304,200 shares of the company’s stock, valued at approximately $13,777,218. The trade was a 0.65 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Mary A. Hausman sold 7,951 shares of the stock in a transaction on Friday, November 8th. The shares were sold at an average price of $56.30, for a total value of $447,641.30. Following the completion of the transaction, the chief accounting officer now directly owns 25,858 shares in the company, valued at approximately $1,455,805.40. This trade represents a 23.52 % decrease in their position. The disclosure for this sale can be found here. 0.44% of the stock is currently owned by insiders.

Williams Companies Profile

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.