Williams Companies Inc (WMB) : Burnham Asset Management Corp Ny reduced its stake in Williams Companies Inc by 12.91% during the most recent quarter end. The investment management company now holds a total of 243,565 shares of Williams Companies Inc which is valued at $6,383,839 after selling 36,105 shares in Williams Companies Inc , the firm said in a disclosure report filed with the SEC on Aug 12, 2016.Williams Companies Inc makes up approximately 1.71% of Burnham Asset Management Corp Ny’s portfolio.
Other Hedge Funds, Including , Geode Capital Management boosted its stake in WMB in the latest quarter, The investment management firm added 362,467 additional shares and now holds a total of 5,607,192 shares of Williams Companies Inc which is valued at $146,964,502. Williams Companies Inc makes up approx 0.08% of Geode Capital Management’s portfolio.Credit Agricole S A reduced its stake in WMB by selling 112,920 shares or 25.53% in the most recent quarter. The Hedge Fund company now holds 329,411 shares of WMB which is valued at $8,633,862. Williams Companies Inc makes up approx 0.03% of Credit Agricole S A’s portfolio.Penserra Capital Management boosted its stake in WMB in the latest quarter, The investment management firm added 13 additional shares and now holds a total of 3,076 shares of Williams Companies Inc which is valued at $80,960. Williams Companies Inc makes up approx 0.01% of Penserra Capital Management’s portfolio. Pointe Capital Management sold out all of its stake in WMB during the most recent quarter. The investment firm sold 48,015 shares of WMB which is valued $1,117,789.
Williams Companies Inc opened for trading at $27.73 and hit $28.21 on the upside on Monday, eventually ending the session at $28.06, with a gain of 0.83% or 0.23 points. The heightened volatility saw the trading volume jump to 62,21,928 shares. Company has a market cap of $21,063 M.
On the company’s financial health, Williams Companies Inc reported $0.19 EPS for the quarter, missing the analyst consensus estimate by $ -0.01 based on the information available during the earnings call on Aug 1, 2016. Analyst had a consensus of $0.20.Analysts expectations of $ 1794.33.During the same quarter in the previous year, the company posted $0.15 EPS.
Many Wall Street Analysts have commented on Williams Companies Inc. Williams Companies Inc was Upgraded by Raymond James to ” Outperform” on Aug 3, 2016. Williams Companies Inc was Resumed by Citigroup to “Neutral” on Jul 22, 2016. Goldman Resumed Williams Companies Inc on Jul 13, 2016 to “Buy”, Price Target of the shares are set at $25.
The Williams Companies Inc. is an energy infrastructure company focused on connecting North Americas 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.