Calamos Advisors LLC boosted its position in shares of Williams Cos. (NYSE:WMB) by 0.0% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 38,827 shares of the company’s stock after buying an additional 15 shares during the period. Calamos Advisors LLC’s holdings in Williams Cos. were worth $840,000 as of its most recent SEC filing.
A number of other institutional investors have also recently made changes to their positions in the stock. Aperio Group LLC raised its position in shares of Williams Cos. by 71.3% in the first quarter. Aperio Group LLC now owns 240,278 shares of the company’s stock worth $3,861,000 after buying an additional 100,051 shares during the last quarter. Virginia Retirement System purchased a new position in shares of Williams Cos. during the first quarter worth approximately $674,000. Los Angeles Capital Management & Equity Research Inc. raised its position in shares of Williams Cos. by 833.1% in the first quarter. Los Angeles Capital Management & Equity Research Inc. now owns 79,311 shares of the company’s stock worth $1,275,000 after buying an additional 70,811 shares during the last quarter. Ngam Advisors L.P. raised its position in shares of Williams Cos. by 146.1% in the first quarter. Ngam Advisors L.P. now owns 24,813 shares of the company’s stock worth $399,000 after buying an additional 14,729 shares during the last quarter. Finally, Prudential Financial Inc. raised its position in shares of Williams Cos. by 7.6% in the first quarter. Prudential Financial Inc. now owns 1,003,518 shares of the company’s stock worth $16,127,000 after buying an additional 71,100 shares during the last quarter. 83.66% of the stock is owned by institutional investors.
Shares of Williams Cos. (NYSE:WMB) traded down 0.07% on Thursday, reaching $30.51. The company had a trading volume of 5,901,608 shares. The stock’s market capitalization is $22.90 billion. Williams Cos. has a 1-year low of $10.22 and a 1-year high of $44.21. The company’s 50 day moving average price is $29.52 and its 200-day moving average price is $23.10.
Williams Cos. (NYSE:WMB) last posted its quarterly earnings data on Monday, August 1st. The company reported $0.19 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.22 by $0.03. Williams Cos. had a positive return on equity of 2.14% and a negative net margin of 16.82%. During the same period last year, the firm earned $0.15 earnings per share. Equities analysts predict that Williams Cos. will post $0.64 EPS for the current year.
The business also recently announced a quarterly dividend, which was paid on Monday, September 26th. Stockholders of record on Friday, September 9th were issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 2.62%. The ex-dividend date was Wednesday, September 7th. Williams Cos.’s dividend payout ratio is currently -49.38%.
WMB has been the subject of a number of research reports. Jefferies Group reissued a “buy” rating and set a $27.00 price target (down from $30.00) on shares of Williams Cos. in a research note on Wednesday, June 8th. Vetr raised Williams Cos. from a “sell” rating to a “hold” rating and set a $22.19 price target for the company in a research note on Monday, June 13th. TheStreet raised Williams Cos. from a “sell” rating to a “hold” rating in a research note on Friday, June 17th. Goldman Sachs Group Inc. reissued a “buy” rating and set a $25.00 price target on shares of Williams Cos. in a research note on Wednesday, July 13th. Finally, Morgan Stanley assumed coverage on Williams Cos. in a research report on Wednesday, July 13th. They set an “equal weight” rating and a $24.00 price objective on the stock. They noted that the move was a valuation call. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $29.36.
In other news, VP Ted T. Timmermans sold 2,000 shares of the business’s stock in a transaction that occurred on Friday, August 12th. The stock was sold at an average price of $26.23, for a total transaction of $52,460.00. Following the transaction, the vice president now directly owns 13,803 shares in the company, valued at approximately $362,052.69. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 8.87% of the company’s stock.
About Williams Cos.
The Williams Companies, Inc is an energy infrastructure company focused on connecting North America’s hydrocarbon resource plays to markets for natural gas, natural gas liquids and olefins. The Company’s segments include Williams Partners, Williams NGL & Petchem Services, and Other. Its Williams Partners segment consists of its consolidated partnership in Williams Partners L.P., including gas pipeline, which consists of interstate natural gas pipelines and pipeline joint project investments, and midstream business, which provides natural gas gathering, treating, processing and compression services.