O Brien Greene & Co. Inc Sells 8,377 Shares of The Williams Companies, Inc. (NYSE:WMB)

O Brien Greene & Co. Inc lessened its stake in shares of The Williams Companies, Inc. (NYSE:WMB) by 4.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 162,932 shares of the pipeline company’s stock after selling 8,377 shares during the quarter. Williams Companies comprises 2.9% of O Brien Greene & Co. Inc’s investment portfolio, making the stock its 8th biggest holding. O Brien Greene & Co. Inc’s holdings in Williams Companies were worth $8,818,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Quent Capital LLC acquired a new stake in shares of Williams Companies in the 4th quarter worth about $25,000. Bank of Jackson Hole Trust purchased a new stake in shares of Williams Companies in the fourth quarter worth approximately $25,000. AlphaMark Advisors LLC bought a new position in shares of Williams Companies in the fourth quarter valued at approximately $27,000. Financial Life Planners purchased a new position in shares of Williams Companies during the fourth quarter valued at approximately $30,000. Finally, SOA Wealth Advisors LLC. bought a new stake in Williams Companies during the fourth quarter worth $32,000. 86.44% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on WMB shares. Scotiabank reaffirmed a “sector perform” rating and set a $51.00 price objective on shares of Williams Companies in a report on Friday, January 10th. Truist Financial upped their price objective on shares of Williams Companies from $56.00 to $60.00 and gave the stock a “hold” rating in a research report on Friday, February 14th. Barclays lifted their target price on shares of Williams Companies from $46.00 to $56.00 and gave the stock an “equal weight” rating in a research report on Friday, January 10th. UBS Group increased their price target on Williams Companies from $55.00 to $70.00 and gave the company a “buy” rating in a research report on Friday, November 15th. Finally, Mizuho boosted their price objective on Williams Companies from $47.00 to $56.00 and gave the stock an “outperform” rating in a research report on Monday, November 4th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and nine have issued a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $53.29.

Williams Companies Price Performance

Williams Companies stock opened at $58.25 on Thursday. The business has a fifty day moving average price of $56.02 and a 200-day moving average price of $52.03. The firm has a market capitalization of $71.01 billion, a P/E ratio of 31.83, a PEG ratio of 5.10 and a beta of 1.04. The company has a debt-to-equity ratio of 1.67, a current ratio of 0.50 and a quick ratio of 0.45. The Williams Companies, Inc. has a one year low of $33.85 and a one year high of $61.46.

Williams Companies (NYSE:WMB) last announced its quarterly earnings results on Wednesday, February 12th. The pipeline company reported $0.47 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.47. Williams Companies had a net margin of 21.17% and a return on equity of 15.85%. As a group, equities research analysts forecast that The Williams Companies, Inc. will post 2.08 EPS for the current year.

Williams Companies Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be issued a $0.50 dividend. The ex-dividend date is Friday, March 14th. This represents a $2.00 annualized dividend and a dividend yield of 3.43%. This is a boost from Williams Companies’s previous quarterly dividend of $0.48. Williams Companies’s dividend payout ratio is presently 103.83%.

About Williams Companies

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.