IRON Financial LLC Has $935,000 Holdings in The Williams Companies, Inc. (NYSE:WMB)

IRON Financial LLC increased its position in The Williams Companies, Inc. (NYSE:WMB) by 4.0% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 17,274 shares of the pipeline company’s stock after purchasing an additional 658 shares during the period. IRON Financial LLC’s holdings in Williams Companies were worth $935,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. AlphaMark Advisors LLC acquired a new position in Williams Companies in the 4th quarter valued at approximately $27,000. Legacy Investment Solutions LLC acquired a new position in shares of Williams Companies in the third quarter worth $30,000. Rosenberg Matthew Hamilton raised its holdings in shares of Williams Companies by 50.4% during the third quarter. Rosenberg Matthew Hamilton now owns 752 shares of the pipeline company’s stock worth $34,000 after acquiring an additional 252 shares in the last quarter. Quarry LP purchased a new stake in shares of Williams Companies during the second quarter worth $35,000. Finally, FSA Wealth Management LLC acquired a new stake in Williams Companies during the third quarter valued at $38,000. 86.44% of the stock is currently owned by hedge funds and other institutional investors.

Williams Companies Stock Down 8.6 %

Shares of WMB opened at $54.46 on Tuesday. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.51 and a current ratio of 0.57. The company has a 50-day simple moving average of $56.47 and a 200-day simple moving average of $50.41. The Williams Companies, Inc. has a 52 week low of $32.65 and a 52 week high of $61.46. The firm has a market capitalization of $66.39 billion, a P/E ratio of 22.98, a P/E/G ratio of 5.31 and a beta of 1.06.

Williams Companies (NYSE:WMB) last posted its quarterly earnings results on Wednesday, November 6th. The pipeline company reported $0.43 EPS for the quarter, beating the consensus estimate of $0.42 by $0.01. Williams Companies had a return on equity of 15.89% and a net margin of 27.36%. The firm had revenue of $2.65 billion during the quarter, compared to analysts’ expectations of $2.52 billion. During the same quarter in the prior year, the firm posted $0.45 EPS. The company’s revenue for the quarter was up 3.7% on a year-over-year basis. On average, equities research analysts expect that The Williams Companies, Inc. will post 1.92 earnings per share for the current year.

Williams Companies Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Friday, December 13th were paid a dividend of $0.475 per share. The ex-dividend date of this dividend was Friday, December 13th. This represents a $1.90 dividend on an annualized basis and a yield of 3.49%. Williams Companies’s dividend payout ratio is currently 80.17%.

Analyst Ratings Changes

A number of research firms have recently weighed in on WMB. The Goldman Sachs Group raised their price target on Williams Companies from $45.00 to $55.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 26th. Barclays lifted their target price on shares of Williams Companies from $46.00 to $56.00 and gave the company an “equal weight” rating in a research note on Friday, January 10th. Mizuho increased their target price on shares of Williams Companies from $47.00 to $56.00 and gave the stock an “outperform” rating in a research report on Monday, November 4th. Bank of America started coverage on Williams Companies in a research report on Thursday, October 17th. They issued a “buy” rating and a $55.00 price target for the company. Finally, Royal Bank of Canada increased their price objective on Williams Companies from $47.00 to $56.00 and gave the company an “outperform” rating in a report on Wednesday, October 16th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat, Williams Companies currently has a consensus rating of “Hold” and an average price target of $53.00.

Insider Buying and Selling at Williams Companies

In related news, CAO Mary A. Hausman sold 7,951 shares of the company’s stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $56.30, for a total value of $447,641.30. Following the sale, the chief accounting officer now owns 25,858 shares of the company’s stock, valued at $1,455,805.40. The trade was a 23.52 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 0.44% of the company’s stock.

Williams Companies Company Profile

The Williams Companies, Inc, together with its subsidiaries, operates as an energy infrastructure company primarily in the United States. It operates through Transmission & Gulf of Mexico, Northeast G&P, West, and Gas & NGL Marketing Services segments. The Transmission & Gulf of Mexico segment comprises natural gas pipelines; Transco, Northwest pipeline, MountainWest, and related natural gas storage facilities; and natural gas gathering and processing, and crude oil production handling and transportation assets in the Gulf Coast region.