Ownership Don’t Lie: Williams Companies Inc Sentiment Improves on Better Stock Potential

January 11, 2017 - By Vivian Park   ·   0 Comments

Ownership Don't Lie: Williams Companies Inc Sentiment  Improves on Better Stock Potential

Sentiment for Williams Companies Inc (NYSE:WMB)

Williams Companies Inc (NYSE:WMB) institutional sentiment increased to 1.11 in Q3 2016. Its up 0.18, from 0.93 in 2016Q2. The ratio has increased, as 286 investment managers increased or opened new equity positions, while 257 trimmed and sold equity positions in Williams Companies Inc. The investment managers in our partner’s database now own: 625.76 million shares, up from 614.76 million shares in 2016Q2. Also, the number of investment managers holding Williams Companies Inc in their top 10 equity positions increased from 20 to 27 for an increase of 7. Sold All: 60 Reduced: 197 Increased: 188 New Position: 98.

The Williams Companies, Inc. is an energy infrastructure firm focused on connecting North America’s hydrocarbon resource plays to markets for natural gas, natural gas liquids and olefins. The company has a market cap of $19.27 billion. The Company’s divisions include Williams Partners, Williams NGL & Petchem Services, and Other. It currently has negative earnings. The Company’s Williams Partners segment consists of its consolidated partnership in Williams Partners L.P., including gas pipeline, which consists of interstate natural gas pipelines and pipeline joint project investments, and midstream business, which provides natural gas gathering, treating, processing and compression services.

About 17.93M shares traded hands or 68.20% up from the average. Williams Companies Inc (NYSE:WMB) has risen 20.92% since June 7, 2016 and is uptrending. It has outperformed by 13.49% the S&P500.

Analysts await Williams Companies Inc (NYSE:WMB) to report earnings on February, 15. They expect $0.21 earnings per share, up 2,000.00% or $0.20 from last year’s $0.01 per share. WMB’s profit will be $140.75 million for 34.23 P/E if the $0.21 EPS becomes a reality. After $0.20 actual earnings per share reported by Williams Companies Inc for the previous quarter, Wall Street now forecasts 5.00% EPS growth.

According to Zacks Investment Research, “Williams Companies moves, manages and markets a variety of energy products, including natural gas, liquid hydrocarbons, petroleum and electricity. Based in Tulsa, Oklahoma, Williams’ operations span the energy value chain from wellhead to burner tip.”

Teilinger Capital Ltd. holds 12.9% of its portfolio in Williams Companies Inc for 162,765 shares. Columbus Hill Capital Management L.P. owns 3.75 million shares or 12.24% of their US portfolio. Moreover, Corvex Management Lp has 10.72% invested in the company for 18.63 million shares. The New York-based Foundation Asset Management Lp has invested 10.61% in the stock. Chickasaw Capital Management Llc, a Tennessee-based fund reported 11.91 million shares.#img1#

Insider Transactions: Since January 1, 0001, the stock had 1 buying transaction, and 2 selling transactions for $1.09 million net activity.

Williams Companies Inc (NYSE:WMB) Ratings Coverage

Ratings analysis reveals 57% of Williams Companies Inc.’s analysts are positive. Out of 14 Wall Street analysts rating Williams Companies Inc., 8 give it “Buy”, 0 “Sell” rating, while 6 recommend “Hold”. The lowest target is $25 while the high is $49.98. The stock’s average target of $30.80 is 7.13% above today’s ($28.75) share price. WMB was included in 25 notes of analysts from July 23, 2015. The company was downgraded on Thursday, July 23 by Jefferies. Wells Fargo downgraded the shares of WMB in a report on Thursday, September 10 to “Market Perform” rating. As per Tuesday, March 22, the company rating was maintained by Jefferies. The firm earned “Buy” rating on Tuesday, August 2 by Evercore. The stock of Williams Companies Inc (NYSE:WMB) has “Outperform” rating given on Wednesday, May 11 by Bernstein. The rating was maintained by Argus Research with “Buy” on Monday, August 22. Stephens initiated the shares of WMB in a report on Thursday, September 29 with “Equal-Weight” rating. The company was upgraded on Friday, December 18 by Jefferies. The stock of Williams Companies Inc (NYSE:WMB) earned “Buy” rating by Jefferies on Wednesday, June 8. The firm earned “Buy” rating on Wednesday, July 13 by Goldman Sachs.

WMB Company Profile

The Williams Companies, Inc., incorporated on February 3, 1987, is an energy infrastructure firm focused on connecting North America’s hydrocarbon resource plays to markets for natural gas, natural gas liquids (NGLs) and olefins. The Company’s divisions include Williams Partners, Williams NGL & Petchem Services, and Other. The Company’s Williams Partners segment consists of its consolidated partnership Pre-merger Williams Partners L.P. (WPZ), which includes gas pipeline and midstream businesses. The gas pipeline business includes interstate natural gas pipelines and pipeline joint project investments. The midstream business provides natural gas gathering, treating, processing and compression services; NGL production, fractionation, storage, marketing and transportation; deepwater production handling and crude oil transportation services, and an olefin production business and consists of various subsidiaries and joint project investments. The Company’s Canadian midstream activities include an oilsands off gas processing plant near Fort McMurray, Alberta, an NGL/olefin fractionation facility, and the Boreal Pipeline. The Company’s Other segment consists of corporate activities and its Canadian construction services company. The Company’s activities are located in the United States, but span from the deepwater Gulf of Mexico to the Canadian oil sands.

More notable recent Williams Companies Inc (NYSE:WMB) news were published by: Fool.com which released: “Williams Companies Inc. Pivots Again, Setting a New Long-Term Strategy” on January 10, 2017, also Seekingalpha.com with their article: “Williams Companies’ Restructuring” published on January 11, 2017, Investorplace.com published: “Why Williams Companies Inc (WMB), Fitbit Inc (FIT) and Merrimack …” on January 10, 2017. More interesting news about Williams Companies Inc (NYSE:WMB) were released by: Finance.Yahoo.com and their article: “Williams Companies Rewards Investors with Dividend Hike” published on January 10, 2017 as well as Finance.Yahoo.com‘s news article titled: “Walnut Private Equity Partners, Llc Buys Williams Companies Inc, Energy …” with publication date: January 10, 2017.

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By Vivian Park

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