Atlantic Trust Group buys $201.3 Million stake in Williams Companies Inc (WMB)

Williams Companies Inc (WMB) : Atlantic Trust Group scooped up 5,468,634 additional shares in Williams Companies Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 11, 2016. The investment management firm now holds a total of 10,400,874 shares of Williams Companies Inc which is valued at $201.3 Million.Williams Companies Inc makes up approximately 1.52% of Atlantic Trust Group’s portfolio.

Other Hedge Funds, Including , Capital Innovations sold out all of its stake in WMB during the most recent quarter. The investment firm sold 32,670 shares of WMB which is valued $632,165.Cypress Asset Management Inctx reduced its stake in WMB by selling 171 shares or 0.5% in the most recent quarter. The Hedge Fund company now holds 34,182 shares of WMB which is valued at $673,385. Williams Companies Inc makes up approx 0.14% of Cypress Asset Management Inctx’s portfolio.New Jersey Better Educational Savings Trust reduced its stake in WMB by selling 1,000 shares or 6.67% in the most recent quarter. The Hedge Fund company now holds 14,000 shares of WMB which is valued at $271,460. Williams Companies Inc makes up approx 0.19% of New Jersey Better Educational Savings Trust’s portfolio.World Asset Management Inc reduced its stake in WMB by selling 7,738 shares or 10.25% in the most recent quarter. The Hedge Fund company now holds 67,773 shares of WMB which is valued at $1.3 Million. Williams Companies Inc makes up approx 0.05% of World Asset Management Inc’s portfolio.

Williams Companies Inc opened for trading at $19.45 and hit $20.65 on the upside on Monday, eventually ending the session at $20.59, with a gain of 6.41% or 1.24 points. The heightened volatility saw the trading volume jump to 1,73,62,041 shares. Company has a market cap of $15,453 M.

On the company’s financial health, Williams Companies Inc reported $0.03 EPS for the quarter, missing the analyst consensus estimate by $ -0.20 based on the information available during the earnings call on May 4, 2016. Analyst had a consensus of $0.23.Analysts expectations of $ 1851.89.During the same quarter in the previous year, the company posted $0.16 EPS.

Many Wall Street Analysts have commented on Williams Companies Inc. Williams Companies Inc was Downgraded by Raymond James to ” Mkt Perform” on May 6, 2016.

The Williams Companies Inc. is an energy infrastructure company focused on connecting North America’s hydrocarbon resource plays to markets for natural gas natural gas liquids (NGLs) and olefins. The Company operates through three segments: Williams Partners comprised of its consolidated partnership Pre-merger WPZ (Williams Partners L.P.) which includes gas pipeline and midstream businesses; Access Midstream comprised of its consolidated master limited partnership ACMP (Access Midstream Partners L.P.) which includes certain domestic midstream businesses that provide gathering treating and compression services to producers under long-term fee-based contracts and Williams NGL and Petchem Services comprised of certain other domestic olefins pipeline assets and certain Canadian growth projects under development including a propane dehydrogenation facility and a liquids extraction plant.

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