Williams Companies Inc 2019 Q2 Institutional Investor Sentiment Better Than Expected

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Sentiment for Williams Companies Inc (NYSE:WMB)

Williams Companies Inc (NYSE:WMB) institutional sentiment increased to 1.28 in 2019 Q2. Its up 0.15, from 1.13 in 2019Q1. The ratio has improved, as 308 active investment managers increased and opened new holdings, while 241 decreased and sold their holdings in Williams Companies Inc. The active investment managers in our partner’s database now own: 1.02 billion shares, down from 1.03 billion shares in 2019Q1. Also, the number of active investment managers holding Williams Companies Inc in their top 10 holdings decreased from 31 to 28 for a decrease of 3. Sold All: 35 Reduced: 206 Increased: 224 New Position: 84.

The Williams Companies, Inc. operates as an energy infrastructure firm primarily in the United States. The company has market cap of $29.94 billion. The firm operates through Williams Partners, Williams NGL & Petchem Services, and Other divisions. It has a 561.36 P/E ratio. It owns and operates natural gas pipeline system extending from Texas, Louisiana, Mississippi, and the offshore Gulf of Mexico through Alabama, Georgia, South Carolina, North Carolina, Virginia, Maryland, Delaware, Pennsylvania, and New Jersey to the New York City metropolitan area.

The stock increased 1.69% or $0.41 during the last trading session, reaching $24.7. About 5.92M shares traded. The Williams Companies, Inc. (NYSE:WMB) has declined 16.67% since September 13, 2018 and is downtrending. It has underperformed by 16.67% the S&P500.

Analysts await The Williams Companies, Inc. (NYSE:WMB) to report earnings on October, 30. They expect $0.25 EPS, up 4.17 % or $0.01 from last year’s $0.24 per share. WMB’s profit will be $303.01M for 24.70 P/E if the $0.25 EPS becomes a reality. After $0.26 actual EPS reported by The Williams Companies, Inc. for the previous quarter, Wall Street now forecasts -3.85 % negative EPS growth.

C V Starr & Co Inc holds 12.85% of its portfolio in The Williams Companies, Inc. for 141,127 shares. Chickasaw Capital Management Llc owns 14.79 million shares or 10.25% of their US portfolio. Moreover, Harvest Fund Advisors Llc has 9.16% invested in the company for 32.86 million shares. The Texas-based Salient Capital Advisors Llc has invested 9.06% in the stock. Rare Infrastructure Ltd, a Australia-based fund reported 4.49 million shares.

Since January 1, 0001, it had 5 buys, and 0 sales for $1.07 million activity.

The Williams Companies, Inc. (NYSE:WMB) Ratings Coverage

Ratings analysis reveals 86% of Williams Co’s analysts are positive. Out of 7 Wall Street analysts rating Williams Co, 6 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $2700 while the high is $32. The stock’s average target of $30.14 is 22.02% above today’s ($24.7) share price. WMB was included in 12 notes of analysts from March 19, 2019. As per Tuesday, August 6, the company rating was maintained by Citigroup. The firm earned “Buy” rating on Tuesday, March 19 by Mizuho. The rating was maintained by Jefferies with “Buy” on Tuesday, March 19. Stifel Nicolaus maintained the stock with “Buy” rating in Friday, August 2 report. Credit Suisse maintained the shares of WMB in report on Thursday, August 8 with “Outperform” rating. The stock of The Williams Companies, Inc. (NYSE:WMB) earned “Overweight” rating by JP Morgan on Thursday, August 29.

More important recent The Williams Companies, Inc. (NYSE:WMB) news were published by: Seekingalpha.com which released: “Constitution Pipeline wins new life after FERC vote – Seeking Alpha” on August 29, 2019, also Seekingalpha.com published article titled: “The Williams Companies’ (WMB) CEO Alan Armstrong on Barclays CEO Energy-Power Conference 2019 – Transcript – Seeking Alpha”, Finance.Yahoo.com published: “Should The Williams Companies, Inc.’s (NYSE:WMB) Weak Investment Returns Worry You? – Yahoo Finance” on August 03, 2019. More interesting news about The Williams Companies, Inc. (NYSE:WMB) was released by: Finance.Yahoo.com and their article: “Are Insiders Buying The Williams Companies, Inc. (NYSE:WMB) Stock? – Yahoo Finance” with publication date: July 08, 2019.

The Williams Companies, Inc. (NYSE:WMB) Institutional Positions Chart

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