Williams Companies Inc (WMB) : Icon Advisers Incco scooped up 66,300 additional shares in Williams Companies Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 9, 2016. The investment management firm now holds a total of 455,600 shares of Williams Companies Inc which is valued at $11,991,392.Williams Companies Inc makes up approximately 0.79% of Icon Advisers Incco’s portfolio.
Other Hedge Funds, Including , Novare Capital Management added WMB to its portfolio by purchasing 21,175 company shares during the most recent quarter which is valued at $557,326. Williams Companies Inc makes up approx 0.15% of Novare Capital Management’s portfolio. Allegis Investment Advisors sold out all of its stake in WMB during the most recent quarter. The investment firm sold 23,564 shares of WMB which is valued $620,204.Stephens Inc Ar boosted its stake in WMB in the latest quarter, The investment management firm added 18,064 additional shares and now holds a total of 64,093 shares of Williams Companies Inc which is valued at $1,642,704. Williams Companies Inc makes up approx 0.07% of Stephens Inc Ar’s portfolio.Penbrook Management reduced its stake in WMB by selling 600 shares or 2.73% in the most recent quarter. The Hedge Fund company now holds 21,370 shares of WMB which is valued at $547,713. Williams Companies Inc makes up approx 0.55% of Penbrook Management’s portfolio.Skylands Capital reduced its stake in WMB by selling 2,250 shares or 23.81% in the most recent quarter. The Hedge Fund company now holds 7,200 shares of WMB which is valued at $167,616. Williams Companies Inc makes up approx 0.03% of Skylands Capital’s portfolio.
Williams Companies Inc closed down -0.23 points or -0.87% at $26.06 with 55,67,634 shares getting traded on Wednesday. Post opening the session at $26.11, the shares hit an intraday low of $25.67 and an intraday high of $26.45 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.
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.