Williams Companies Inc (WMB) : Country Club Trust Company N.a. reduced its stake in Williams Companies Inc by 39.75% during the most recent quarter end. The investment management company now holds a total of 6,923 shares of Williams Companies Inc which is valued at $201,667 after selling 4,568 shares in Williams Companies Inc , the firm said in a disclosure report filed with the SEC on Oct 14, 2016.Williams Companies Inc makes up approximately 0.03% of Country Club Trust Company N.a.’s portfolio.
Other Hedge Funds, Including , Duff Phelps Investment Management Co boosted its stake in WMB in the latest quarter, The investment management firm added 626,325 additional shares and now holds a total of 804,869 shares of Williams Companies Inc which is valued at $23,445,834. Williams Companies Inc makes up approx 0.34% of Duff Phelps Investment Management Co’s portfolio.Community Bank N.a. reduced its stake in WMB by selling 400 shares or 64.0% in the most recent quarter. The Hedge Fund company now holds 225 shares of WMB which is valued at $6,570. Raymond James Trust N.a. added WMB to its portfolio by purchasing 7,381 company shares during the most recent quarter which is valued at $225,637. Williams Companies Inc makes up approx 0.02% of Raymond James Trust N.a.’s portfolio.Exxonmobil Investment Management Inc Tx reduced its stake in WMB by selling 2,401 shares or 1.36% in the most recent quarter. The Hedge Fund company now holds 174,399 shares of WMB which is valued at $5,298,242. Williams Companies Inc makes up approx 0.11% of Exxonmobil Investment Management Inc Tx’s portfolio.
Williams Companies Inc closed down -0.07 points or -0.24% at $29.13 with 65,52,828 shares getting traded on Friday. Post opening the session at $29.53, the shares hit an intraday low of $29.07 and an intraday high of $29.72 and the price fluctuated in this range throughout the day.Shares ended Friday 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. RBC Capital Mkts Initiated Williams Companies Inc on Sep 26, 2016 to “Outperform”, Price Target of the shares are set at $39.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.
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.