Cetera Trust Company N.A Sells 244 Shares of The Williams Companies, Inc. (NYSE:WMB)

Cetera Trust Company N.A trimmed its holdings in shares of The Williams Companies, Inc. (NYSE:WMB) by 10.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,191 shares of the pipeline company’s stock after selling 244 shares during the quarter. Cetera Trust Company N.A’s holdings in Williams Companies were worth $119,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the business. Legacy Investment Solutions LLC bought a new position in Williams Companies in the 3rd quarter valued at about $30,000. Rosenberg Matthew Hamilton increased its holdings in Williams Companies by 50.4% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 752 shares of the pipeline company’s stock valued at $34,000 after buying an additional 252 shares during the period. Quarry LP bought a new position in Williams Companies in the 2nd quarter valued at about $35,000. FSA Wealth Management LLC bought a new position in Williams Companies in the 3rd quarter valued at about $38,000. Finally, Fortitude Family Office LLC increased its holdings in Williams Companies by 120.8% in the 3rd quarter. Fortitude Family Office LLC now owns 996 shares of the pipeline company’s stock valued at $45,000 after buying an additional 545 shares during the period. 86.44% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. Barclays raised their target price on shares of Williams Companies from $46.00 to $56.00 and gave the company an “equal weight” rating in a report on Friday, January 10th. CIBC lifted their price target on shares of Williams Companies from $45.00 to $54.00 and gave the company a “neutral” rating in a report on Tuesday, October 22nd. Scotiabank reaffirmed a “sector perform” rating and set a $51.00 price target on shares of Williams Companies in a report on Friday, January 10th. Mizuho lifted their price target on shares of Williams Companies from $47.00 to $56.00 and gave the company an “outperform” rating in a report on Monday, November 4th. Finally, Citigroup lifted their price target on shares of Williams Companies from $45.00 to $52.00 and gave the company a “buy” rating in a report on Thursday, October 3rd. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and nine have issued a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $53.00.

Insider Transactions at Williams Companies

In other news, CAO Mary A. Hausman sold 7,951 shares of the business’s stock in a transaction that occurred 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 transaction, the chief accounting officer now owns 25,858 shares in the company, valued at approximately $1,455,805.40. The trade was a 23.52 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.44% of the company’s stock.

Williams Companies Stock Down 0.2 %

NYSE:WMB opened at $60.48 on Wednesday. The firm’s 50 day simple moving average is $56.26 and its 200 day simple moving average is $50.05. The company has a debt-to-equity ratio of 1.67, a current ratio of 0.57 and a quick ratio of 0.51. The Williams Companies, Inc. has a one year low of $32.65 and a one year high of $61.04. The company has a market cap of $73.73 billion, a PE ratio of 25.42, a P/E/G ratio of 5.30 and a beta of 1.06.

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, topping analysts’ consensus estimates of $0.42 by $0.01. The firm had revenue of $2.65 billion for the quarter, compared to the consensus estimate of $2.52 billion. Williams Companies had a net margin of 27.36% and a return on equity of 15.89%. The company’s revenue for the quarter was up 3.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.45 EPS. On average, research analysts anticipate that The Williams Companies, Inc. will post 1.92 earnings per share for the current year.

Williams Companies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Friday, December 13th were given a $0.475 dividend. The ex-dividend date of this dividend was Friday, December 13th. This represents a $1.90 dividend on an annualized basis and a dividend yield of 3.14%. Williams Companies’s dividend payout ratio (DPR) is currently 80.17%.

Williams Companies Company 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.