Williams Companies Inc (NYSE:WMB) Shares Sold by UMB Bank N A MO

Share on StockTwits

UMB Bank N A MO lessened its position in Williams Companies Inc (NYSE:WMB) by 5.4% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 45,098 shares of the pipeline company’s stock after selling 2,599 shares during the period. UMB Bank N A MO’s holdings in Williams Companies were worth $1,264,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Kayne Anderson Capital Advisors LP lifted its stake in shares of Williams Companies by 1.4% in the 2nd quarter. Kayne Anderson Capital Advisors LP now owns 20,634,853 shares of the pipeline company’s stock worth $578,589,000 after acquiring an additional 280,500 shares during the period. Clearbridge Investments LLC lifted its stake in shares of Williams Companies by 7.4% in the 1st quarter. Clearbridge Investments LLC now owns 20,402,361 shares of the pipeline company’s stock worth $585,956,000 after acquiring an additional 1,399,040 shares during the period. Geode Capital Management LLC lifted its stake in shares of Williams Companies by 7.7% in the 4th quarter. Geode Capital Management LLC now owns 15,722,127 shares of the pipeline company’s stock worth $346,152,000 after acquiring an additional 1,124,517 shares during the period. Northern Trust Corp lifted its stake in shares of Williams Companies by 1.9% in the 1st quarter. Northern Trust Corp now owns 14,854,724 shares of the pipeline company’s stock worth $426,629,000 after acquiring an additional 281,665 shares during the period. Finally, Chickasaw Capital Management LLC lifted its stake in shares of Williams Companies by 8.7% in the 2nd quarter. Chickasaw Capital Management LLC now owns 14,790,191 shares of the pipeline company’s stock worth $414,717,000 after acquiring an additional 1,182,565 shares during the period. Institutional investors own 88.23% of the company’s stock.

Several brokerages recently commented on WMB. Barclays reiterated a “buy” rating and issued a $32.00 price objective on shares of Williams Companies in a research note on Thursday, July 18th. Citigroup reduced their price objective on shares of Williams Companies from $31.00 to $27.00 and set a “buy” rating for the company in a research note on Tuesday, August 6th. Stifel Nicolaus reduced their price objective on shares of Williams Companies from $31.00 to $30.00 and set a “buy” rating for the company in a research note on Friday, August 2nd. Raymond James upgraded shares of Williams Companies from an “outperform” rating to a “strong-buy” rating and set a $32.00 price objective for the company in a research note on Wednesday, June 26th. They noted that the move was a valuation call. Finally, ValuEngine upgraded shares of Williams Companies from a “sell” rating to a “hold” rating in a research note on Friday, August 2nd. Four equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the stock. Williams Companies presently has a consensus rating of “Buy” and a consensus target price of $30.36.

In other Williams Companies news, SVP Terrance Lane Wilson bought 4,000 shares of the company’s stock in a transaction on Thursday, August 8th. The stock was purchased at an average cost of $23.60 per share, for a total transaction of $94,400.00. Following the acquisition, the senior vice president now owns 43,726 shares of the company’s stock, valued at approximately $1,031,933.60. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Stephen I. Chazen purchased 10,000 shares of the stock in a transaction dated Monday, May 20th. The shares were purchased at an average price of $27.33 per share, with a total value of $273,300.00. Following the completion of the acquisition, the director now owns 45,730 shares of the company’s stock, valued at $1,249,800.90. The disclosure for this purchase can be found here. Insiders have acquired a total of 34,000 shares of company stock valued at $839,400 over the last 90 days. 0.26% of the stock is currently owned by insiders.

NYSE:WMB traded up $0.12 during mid-day trading on Tuesday, hitting $23.82. 295,961 shares of the company’s stock traded hands, compared to its average volume of 10,081,532. The company has a current ratio of 0.60, a quick ratio of 0.56 and a debt-to-equity ratio of 1.22. The business has a 50 day simple moving average of $26.74. Williams Companies Inc has a 1 year low of $20.36 and a 1 year high of $32.05. The stock has a market capitalization of $28.89 billion, a P/E ratio of 30.20, a PEG ratio of 3.84 and a beta of 1.56.

Williams Companies (NYSE:WMB) last posted its earnings results on Wednesday, July 31st. The pipeline company reported $0.26 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.23 by $0.03. Williams Companies had a net margin of 0.73% and a return on equity of 6.46%. The firm had revenue of $2.04 billion during the quarter, compared to the consensus estimate of $2.13 billion. During the same period last year, the firm posted $0.16 EPS. The firm’s revenue for the quarter was down 2.4% on a year-over-year basis. Research analysts anticipate that Williams Companies Inc will post 0.96 earnings per share for the current year.

About Williams Companies

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.

Featured Article: Stock Symbols and CUSIP Explained

Want to see what other hedge funds are holding WMB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Williams Companies Inc (NYSE:WMB).

Institutional Ownership by Quarter for Williams Companies (NYSE:WMB)

Receive News & Ratings for Williams Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Williams Companies and related companies with MarketBeat.com's FREE daily email newsletter.