Robeco Institutional Asset Management B.V. Has $3.85 Million Stake in Williams Companies Inc (NYSE:WMB)

Robeco Institutional Asset Management B.V. decreased its position in Williams Companies Inc (NYSE:WMB) by 25.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 137,267 shares of the pipeline company’s stock after selling 46,897 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Williams Companies were worth $3,850,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Machina Capital S.A.S. purchased a new stake in Williams Companies during the 2nd quarter valued at $1,542,000. Livforsakringsbolaget Skandia Omsesidigt increased its stake in shares of Williams Companies by 30.8% in the second quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 14,015 shares of the pipeline company’s stock worth $393,000 after purchasing an additional 3,300 shares during the period. NuWave Investment Management LLC increased its stake in shares of Williams Companies by 1,679.2% in the second quarter. NuWave Investment Management LLC now owns 1,708 shares of the pipeline company’s stock worth $48,000 after purchasing an additional 1,612 shares during the period. YorkBridge Wealth Partners LLC increased its stake in shares of Williams Companies by 5.1% in the second quarter. YorkBridge Wealth Partners LLC now owns 13,260 shares of the pipeline company’s stock worth $372,000 after purchasing an additional 643 shares during the period. Finally, Beach Investment Counsel Inc. PA increased its stake in shares of Williams Companies by 24.9% in the second quarter. Beach Investment Counsel Inc. PA now owns 42,650 shares of the pipeline company’s stock worth $1,196,000 after purchasing an additional 8,510 shares during the period. Institutional investors and hedge funds own 88.15% of the company’s stock.

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

A number of research firms have recently commented on WMB. Stifel Nicolaus dropped their price objective on Williams Companies from $31.00 to $30.00 and set a “buy” rating on the stock in a research note on Friday, August 2nd. Citigroup dropped their price objective on Williams Companies from $31.00 to $27.00 and set a “buy” rating on the stock in a research note on Tuesday. ValuEngine upgraded Williams Companies from a “sell” rating to a “hold” rating in a research note on Friday, August 2nd. Barclays restated a “buy” rating and set a $32.00 price target on shares of Williams Companies in a research note on Thursday, July 18th. Finally, Sanford C. Bernstein lowered Williams Companies from an “outperform” rating to a “market perform” rating and set a $25.00 price target on the stock. in a research note on Sunday. Three investment analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of $31.20.

NYSE:WMB traded down $0.14 during mid-day trading on Wednesday, reaching $23.39. The stock had a trading volume of 1,949,217 shares, compared to its average volume of 8,494,869. The business has a 50-day simple moving average of $27.17. The stock has a market capitalization of $30.31 billion, a PE ratio of 29.61, a PEG ratio of 4.01 and a beta of 1.56. The company has a quick ratio of 0.56, a current ratio of 0.60 and a debt-to-equity ratio of 1.22. Williams Companies Inc has a 12 month low of $20.36 and a 12 month high of $32.22.

Williams Companies (NYSE:WMB) last released its earnings results on Wednesday, July 31st. The pipeline company reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.23 by $0.03. The business had revenue of $2.04 billion for the quarter, compared to analyst estimates of $2.13 billion. Williams Companies had a net margin of 0.73% and a return on equity of 6.46%. Williams Companies’s revenue for the quarter was down 2.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.16 earnings per share. Sell-side analysts expect that Williams Companies Inc will post 0.97 earnings per share for the current fiscal year.

Williams Companies 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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