The Williams Companies, Inc. (NYSE:WMB) Shares Sold by AllSquare Wealth Management LLC

by · The Cerbat Gem

AllSquare Wealth Management LLC cut its stake in The Williams Companies, Inc. (NYSE:WMB – Free Report) by 41.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 700 shares of the pipeline company’s stock after selling 500 shares during the quarter. AllSquare Wealth Management LLC’s holdings in Williams Companies were worth $38,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Baader Bank Aktiengesellschaft boosted its stake in shares of Williams Companies by 3.3% in the fourth quarter. Baader Bank Aktiengesellschaft now owns 5,568 shares of the pipeline company’s stock worth $300,000 after acquiring an additional 180 shares during the last quarter. Albion Financial Group UT lifted its holdings in Williams Companies by 18.4% in the 4th quarter. Albion Financial Group UT now owns 1,184 shares of the pipeline company’s stock valued at $64,000 after purchasing an additional 184 shares in the last quarter. Sprinkle Financial Consultants LLC boosted its stake in Williams Companies by 3.8% during the 4th quarter. Sprinkle Financial Consultants LLC now owns 5,073 shares of the pipeline company’s stock worth $275,000 after purchasing an additional 185 shares during the last quarter. AMG National Trust Bank grew its holdings in shares of Williams Companies by 0.6% during the fourth quarter. AMG National Trust Bank now owns 30,813 shares of the pipeline company’s stock worth $1,669,000 after buying an additional 186 shares in the last quarter. Finally, Tower Wealth Partners Inc. raised its position in shares of Williams Companies by 4.3% in the fourth quarter. Tower Wealth Partners Inc. now owns 4,591 shares of the pipeline company’s stock valued at $248,000 after buying an additional 191 shares during the last quarter. 86.44% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Williams Companies news, SVP Larry C. Larsen sold 8,000 shares of the company’s stock in a transaction dated Wednesday, March 12th. The stock was sold at an average price of $56.94, for a total transaction of $455,520.00. Following the sale, the senior vice president now owns 81,265 shares in the company, valued at $4,627,229.10. This represents a 8.96 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Chad A. Teply sold 26,000 shares of Williams Companies stock in a transaction dated Thursday, February 27th. The shares were sold at an average price of $56.46, for a total value of $1,467,960.00. Following the completion of the transaction, the senior vice president now owns 133,048 shares of the company’s stock, valued at $7,511,890.08. The trade was a 16.35 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 139,583 shares of company stock worth $7,563,278 over the last three months. Company insiders own 0.44% of the company’s stock.

Williams Companies Trading Up 0.7 %

Shares of WMB stock opened at $59.74 on Friday. The Williams Companies, Inc. has a 1-year low of $37.18 and a 1-year high of $61.46. The firm has a market cap of $72.84 billion, a PE ratio of 32.64, a price-to-earnings-growth ratio of 5.01 and a beta of 1.03. The company has a 50-day moving average of $57.02 and a two-hundred day moving average of $53.83. The company has a debt-to-equity ratio of 1.67, a current ratio of 0.50 and a quick ratio of 0.45.

Williams Companies (NYSE:WMB – Get Free Report) last posted its quarterly earnings data on Wednesday, February 12th. The pipeline company reported $0.47 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.47. Williams Companies had a net margin of 21.17% and a return on equity of 15.85%. On average, analysts predict that The Williams Companies, Inc. will post 2.08 EPS for the current year.

Williams Companies Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 3.35%. This is a boost from Williams Companies’s previous quarterly dividend of $0.48. The ex-dividend date is Friday, March 14th. Williams Companies’s dividend payout ratio (DPR) is 109.29%.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on WMB. The Goldman Sachs Group upped their price objective on shares of Williams Companies from $45.00 to $55.00 and gave the company a “neutral” rating in a research note on Tuesday, November 26th. CIBC upped their price target on Williams Companies from $56.00 to $57.00 and gave the company a “neutral” rating in a research report on Tuesday, March 4th. Barclays lifted their price objective on Williams Companies from $46.00 to $56.00 and gave the stock an “equal weight” rating in a research report on Friday, January 10th. Scotiabank upped their target price on Williams Companies from $51.00 to $53.00 and gave the company a “sector perform” rating in a report on Thursday, March 6th. Finally, Citigroup lifted their price target on Williams Companies from $63.00 to $65.00 and gave the stock a “buy” rating in a report on Tuesday, February 25th. One equities 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 MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $55.07.

Get Our Latest Stock Analysis on Williams Companies

Williams Companies Profile

(Free Report)

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.

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