Walnut Private Equity Partners LLC Grows Position in Williams Companies Inc (NYSE:WMB)

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Walnut Private Equity Partners LLC raised its stake in Williams Companies Inc (NYSE:WMB) by 1.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 230,252 shares of the pipeline company’s stock after buying an additional 4,000 shares during the quarter. Williams Companies accounts for about 3.7% of Walnut Private Equity Partners LLC’s holdings, making the stock its 8th biggest position. Walnut Private Equity Partners LLC’s holdings in Williams Companies were worth $5,462,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the business. BlackRock Inc. raised its stake in shares of Williams Companies by 1.4% in the 2nd quarter. BlackRock Inc. now owns 134,858,059 shares of the pipeline company’s stock valued at $3,781,421,000 after buying an additional 1,858,174 shares in the last quarter. Vanguard Group Inc. boosted its stake in Williams Companies by 1.0% during the 2nd quarter. Vanguard Group Inc. now owns 98,470,448 shares of the pipeline company’s stock worth $2,761,112,000 after acquiring an additional 1,019,500 shares during the last quarter. Kayne Anderson Capital Advisors LP boosted its stake in Williams Companies by 1.3% during the 3rd quarter. Kayne Anderson Capital Advisors LP now owns 20,904,353 shares of the pipeline company’s stock worth $502,945,000 after acquiring an additional 269,500 shares during the last quarter. Invesco Ltd. boosted its stake in Williams Companies by 255.8% during the 2nd quarter. Invesco Ltd. now owns 20,233,420 shares of the pipeline company’s stock worth $567,345,000 after acquiring an additional 14,547,225 shares during the last quarter. Finally, Brookfield Asset Management Inc. boosted its stake in Williams Companies by 1.4% during the 2nd quarter. Brookfield Asset Management Inc. now owns 15,942,249 shares of the pipeline company’s stock worth $447,020,000 after acquiring an additional 217,262 shares during the last quarter. 86.73% of the stock is owned by institutional investors.

WMB has been the topic of several recent analyst reports. Barclays lowered shares of Williams Companies from an “overweight” rating to an “equal weight” rating and set a $26.00 price objective on the stock. in a research note on Tuesday, January 14th. SunTrust Banks assumed coverage on shares of Williams Companies in a report on Friday, December 13th. They set a “buy” rating and a $27.00 target price on the stock. Morgan Stanley initiated coverage on shares of Williams Companies in a report on Monday, January 6th. They set an “equal weight” rating and a $25.00 target price on the stock. UBS Group reiterated a “buy” rating and issued a $29.00 price objective (down from $30.00) on shares of Williams Companies in a report on Monday, November 25th. Finally, Zacks Investment Research upgraded shares of Williams Companies from a “strong sell” rating to a “hold” rating and set a $20.00 price objective on the stock in a report on Sunday, November 3rd. Eight analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $27.73.

Shares of Williams Companies stock opened at $22.19 on Friday. The stock has a market cap of $27.20 billion, a PE ratio of 170.69, a PEG ratio of 4.44 and a beta of 1.55. The firm has a 50-day moving average of $23.37 and a 200-day moving average of $23.89. Williams Companies Inc has a 52-week low of $21.90 and a 52-week high of $29.55. The company has a debt-to-equity ratio of 1.23, a quick ratio of 0.39 and a current ratio of 0.43.

Williams Companies (NYSE:WMB) last issued its earnings results on Wednesday, October 30th. The pipeline company reported $0.26 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.25 by $0.01. Williams Companies had a return on equity of 6.95% and a net margin of 1.87%. The firm had revenue of $2 billion during the quarter, compared to the consensus estimate of $2.04 billion. During the same quarter in the previous year, the firm earned $0.13 earnings per share. The business’s quarterly revenue was down 13.2% on a year-over-year basis. Equities research analysts predict that Williams Companies Inc will post 0.92 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Friday, December 13th were paid a $0.38 dividend. This represents a $1.52 annualized dividend and a dividend yield of 6.85%. The ex-dividend date of this dividend was Thursday, December 12th. Williams Companies’s dividend payout ratio is currently 192.41%.

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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