Gilman Hill Asset Management LLC Has $619,000 Stock Holdings in Williams Companies Inc (NYSE:WMB)

Gilman Hill Asset Management LLC increased its holdings in Williams Companies Inc (NYSE:WMB) by 3.9% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 26,089 shares of the pipeline company’s stock after purchasing an additional 985 shares during the period. Gilman Hill Asset Management LLC’s holdings in Williams Companies were worth $619,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the stock. Cresset Asset Management LLC increased its holdings in shares of Williams Companies by 2,785.6% during the second quarter. Cresset Asset Management LLC now owns 117,617 shares of the pipeline company’s stock worth $3,298,000 after buying an additional 113,541 shares in the last quarter. Lindbrook Capital LLC increased its holdings in shares of Williams Companies by 19.0% during the third quarter. Lindbrook Capital LLC now owns 2,886 shares of the pipeline company’s stock worth $69,000 after buying an additional 461 shares in the last quarter. Wellington Shields Capital Management LLC increased its holdings in shares of Williams Companies by 6.3% during the third quarter. Wellington Shields Capital Management LLC now owns 98,988 shares of the pipeline company’s stock worth $2,382,000 after buying an additional 5,832 shares in the last quarter. Price T Rowe Associates Inc. MD increased its holdings in shares of Williams Companies by 0.6% during the second quarter. Price T Rowe Associates Inc. MD now owns 2,267,270 shares of the pipeline company’s stock worth $63,574,000 after buying an additional 12,603 shares in the last quarter. Finally, D.A. Davidson & CO. increased its holdings in shares of Williams Companies by 24.8% during the third quarter. D.A. Davidson & CO. now owns 52,217 shares of the pipeline company’s stock worth $1,256,000 after buying an additional 10,380 shares in the last quarter. 86.73% of the stock is owned by hedge funds and other institutional investors.

Several research firms have recently weighed in on WMB. Raymond James decreased their price target on shares of Williams Companies from $33.00 to $32.00 and set a “strong-buy” rating on the stock in a research note on Wednesday, October 23rd. UBS Group reissued a “buy” rating and set a $29.00 price target (down from $30.00) on shares of Williams Companies in a research note on Monday, November 25th. TD Securities decreased their price target on shares of Williams Companies from $29.00 to $28.00 and set a “buy” rating on the stock in a research note on Friday, December 6th. Zacks Investment Research raised shares of Williams Companies from a “strong sell” rating to a “hold” rating and set a $20.00 price target on the stock in a research note on Sunday, November 3rd. Finally, Barclays cut shares of Williams Companies from an “overweight” rating to an “equal weight” rating and set a $26.00 price target on the stock. in a research note on Tuesday. Eight research 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 company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $27.73.

Shares of WMB stock opened at $23.86 on Friday. Williams Companies Inc has a 52-week low of $21.90 and a 52-week high of $29.55. The stock has a market cap of $28.92 billion, a PE ratio of 30.20, a PEG ratio of 4.70 and a beta of 1.55. The company has a debt-to-equity ratio of 1.23, a quick ratio of 0.39 and a current ratio of 0.43. The firm’s 50 day moving average price is $23.28 and its two-hundred day moving average price is $24.07.

Williams Companies (NYSE:WMB) last announced its quarterly earnings data on Wednesday, October 30th. The pipeline company reported $0.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.25 by $0.01. Williams Companies had a net margin of 1.87% and a return on equity of 6.95%. The firm had revenue of $2 billion for the quarter, compared to analysts’ expectations of $2.04 billion. During the same period last year, the firm earned $0.13 earnings per share. The business’s revenue for the quarter was down 13.2% on a year-over-year basis. As a group, sell-side analysts predict that Williams Companies Inc will post 0.92 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Friday, December 13th were paid a $0.38 dividend. The ex-dividend date of this dividend was Thursday, December 12th. This represents a $1.52 dividend on an annualized basis and a yield of 6.37%. Williams Companies’s payout ratio is presently 192.41%.

Williams Companies Company 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.

Read More: How is the LIBOR rate calculated?

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.