Latest Stocks: LS Investment Advisors LLC Acquires 3,380 Shares of Williams Companies Inc (WMB)

Latest Stocks: LS Investment Advisors LLC Acquires 3,380 Shares of Williams Companies Inc (WMB)

LS Investment Advisors LLC increased its stake in Williams Companies Inc (NYSE:WMB) by 16.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 23,590 shares of the pipeline company’s stock after buying an additional 3,380 shares during the period. LS Investment Advisors LLC’s holdings in Williams Companies were worth $698,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Sheaff Brock Investment Advisors LLC increased its stake in shares of Williams Companies by 0.5% in the first quarter. Sheaff Brock Investment Advisors LLC now owns 8,448 shares of the pipeline company’s stock valued at $250,000 after buying an additional 41 shares during the period. Duncker Streett & Co. Inc. increased its position in Williams Companies by 1.0% in the first quarter. Duncker Streett & Co. Inc. now owns 12,630 shares of the pipeline company’s stock worth $374,000 after buying an additional 130 shares during the last quarter. Trust Co increased its position in Williams Companies by 0.5% in the fourth quarter. Trust Co now owns 41,650 shares of the pipeline company’s stock worth $1,297,000 after buying an additional 200 shares during the last quarter. Country Club Trust Company n.a. increased its position in Williams Companies by 2.9% in the first quarter. Country Club Trust Company n.a. now owns 7,127 shares of the pipeline company’s stock worth $211,000 after buying an additional 204 shares during the last quarter. Finally, LVW Advisors LLC increased its position in Williams Companies by 0.5% in the fourth quarter. LVW Advisors LLC now owns 41,259 shares of the pipeline company’s stock worth $1,285,000 after buying an additional 225 shares during the last quarter. Institutional investors own 80.63% of the company’s stock.

Shares of Williams Companies Inc (NYSE WMB) opened at 28.99 on Tuesday. The firm has a market capitalization of $23.95 billion, a PE ratio of 1932.67 and a beta of 1.35. The stock has a 50 day moving average price of $30.11 and a 200 day moving average price of $29.65. Williams Companies Inc has a 12-month low of $19.60 and a 12-month high of $32.69.

Williams Companies (NYSE:WMB) last announced its quarterly earnings results on Wednesday, May 3rd. The pipeline company reported $0.14 earnings per share for the quarter, missing analysts’ consensus estimates of $0.20 by $0.06. The firm had revenue of $1.99 billion for the quarter, compared to the consensus estimate of $1.98 billion. Williams Companies had a return on equity of 22.86% and a net margin of 28.62%. During the same period in the prior year, the business earned $0.03 earnings per share. Analysts predict that Williams Companies Inc will post $0.98 EPS for the current fiscal year. The company also recently declared a quarterly dividend, which will be paid on Monday, June 26th. Stockholders of record on Friday, June 9th will be given a dividend of $0.30 per share. The ex-dividend date of this dividend is Wednesday, June 7th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.14%. Williams Companies’s dividend payout ratio is -53.69%.

A number of research firms have recently commented on WMB. Barclays PLC reiterated a “hold” rating and issued a $33.00 price objective on shares of Williams Companies in a report on Tuesday, May 16th. Sanford C. Bernstein started coverage on Williams Companies in a research note on Tuesday, May 16th. They set an “outperform” rating on the stock. Wells Fargo & Co upgraded Williams Companies from a “market perform” rating to an “outperform” rating in a research note on Monday, May 15th. BMO Capital Markets restated a “buy” rating and set a $32.00 price target on shares of Williams Companies in a research note on Wednesday, May 3rd. Finally, Scotiabank restated a “hold” rating and set a $30.00 price target on shares of Williams Companies in a research note on Thursday, April 27th. Six research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have issued a strong buy rating to the stock. Williams Companies presently has a consensus rating of “Buy” and an average price target of $32.32. In other news, Director Charles I. Cogut purchased 1,000 shares of Williams Companies stock in a transaction dated Wednesday, May 10th. The shares were bought at an average cost of $30.63 per share, with a total value of $30,630.00. Following the completion of the transaction, the director now directly owns 1,000 shares in the company, valued at approximately $30,630. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Robyn L. Ewing sold 81,561 shares of Williams Companies stock in a transaction on Monday, May 15th. The stock was sold at an average price of $31.14, for a total transaction of $2,539,809.54. Following the transaction, the insider now directly owns 47,003 shares in the company, valued at $1,463,673.42. The disclosure for this sale can be found here. Over the last three months, insiders have sold 92,561 shares of company stock worth $2,876,240. Insiders own 0.53% of the company’s stock.

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