The Chubb Ltd Maintains Stake in Williams Companies Inc (WMB)

The Chubb Ltd Maintains Stake in Williams Companies Inc (WMB)

Other hedge funds and other institutional investors have also bought and sold shares of the company. SeaBridge Investment Advisors LLC acquired a new position in Williams Companies during the first quarter valued at $109,000. Whittier Trust Co. raised its position in Williams Companies by 5.5% in the third quarter. Whittier Trust Co. now owns 5,184 shares of the pipeline company’s stock valued at $159,000 after buying an additional 268 shares in the last quarter. JJJ Advisors Inc. acquired a new position in Williams Companies during the fourth quarter valued at $165,000. Focused Wealth Management Inc acquired a new position in Williams Companies during the fourth quarter valued at $174,000. Finally, Israel Discount Bank of New York GFN purchased a new stake in Williams Companies during the fourth quarter valued at about $177,000. Hedge funds and other institutional investors own 80.63% of the company’s stock.

Chubb Ltd held its position in Williams Companies Inc (NYSE:WMB) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 350,000 shares of the pipeline company’s stock at the end of the first quarter. Williams Companies makes up about 4.5% of Chubb Ltd’s investment portfolio, making the stock its 14th largest position. Chubb Ltd’s holdings in Williams Companies were worth $10,357,000 as of its most recent SEC filing.

Williams Companies Inc (NYSE:WMB) opened at 28.88 on Monday. Williams Companies Inc has a 12 month low of $19.60 and a 12 month high of $32.69. The firm has a market cap of $23.86 billion, a P/E ratio of 1925.33 and a beta of 1.35. The firm’s 50-day moving average price is $30.14 and its 200-day moving average price is $29.68.

Williams Companies (NYSE:WMB) last announced its quarterly earnings results on Wednesday, May 3rd. The pipeline company reported $0.14 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.20 by $0.06. Williams Companies had a net margin of 28.62% and a return on equity of 22.86%. The business had revenue of $1.99 billion during the quarter, compared to the consensus estimate of $1.98 billion. During the same period in the previous year, the business posted $0.03 EPS. On average, equities research analysts expect that Williams Companies Inc will post $0.98 EPS for the current fiscal year. The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 26th. Shareholders of record on Friday, June 9th will be paid a $0.30 dividend. The ex-dividend date is Wednesday, June 7th. This represents a $1.20 annualized dividend and a yield of 4.16%. Williams Companies’s dividend payout ratio (DPR) is -53.69%.

Williams Companies (NYSE:WMB) last announced its quarterly earnings results on Wednesday, May 3rd. The pipeline company reported $0.14 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.20 by $0.06. Williams Companies had a net margin of 28.62% and a return on equity of 22.86%. The business had revenue of $1.99 billion during the quarter, compared to the consensus estimate of $1.98 billion. During the same period in the previous year, the business posted $0.03 EPS. On average, equities research analysts expect that Williams Companies Inc will post $0.98 EPS for the current fiscal year. WMB has been the topic of several recent research reports. Zacks Investment Research raised Williams Companies from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 4th. BMO Capital Markets set a $32.00 price target on Williams Companies and gave the company a “buy” rating in a research note on Wednesday, March 22nd. Scotiabank reissued a “hold” rating and issued a $30.00 price target on shares of Williams Companies in a research note on Thursday, April 27th. Citigroup Inc raised Williams Companies from a “neutral” rating to a “buy” rating and lifted their price target for the company from $32.00 to $36.00 in a research note on Friday, April 7th. Finally, Goldman Sachs Group Inc raised Williams Companies from a “buy” rating to a “conviction-buy” rating in a research note on Wednesday, March 1st. Six analysts have rated the stock with a hold rating, twelve have given a buy rating and two have given a strong buy rating to the stock. Williams Companies currently has an average rating of “Buy” and a consensus price target of $32.32.

In other Williams Companies news, insider Robyn L. Ewing sold 81,561 shares of the stock in a transaction dated Monday, May 15th. The shares were sold at an average price of $31.14, for a total value of $2,539,809.54. Following the completion of the sale, the insider now owns 47,003 shares in the company, valued at approximately $1,463,673.42. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Michael A. Creel acquired 5,000 shares of the firm’s stock in a transaction on Friday, May 26th. The stock was purchased at an average price of $29.67 per share, with a total value of $148,350.00. Following the purchase, the director now owns 5,000 shares in the company, valued at approximately $148,350. The disclosure for this purchase can be found here. In the last quarter, insiders sold 92,561 shares of company stock valued at $2,876,240. Company insiders own 0.53% of the company’s stock. Williams Companies Company Profile

The Williams Companies, Inc is an energy infrastructure company. The Company is focused on connecting North America’s hydrocarbon resource plays to markets for natural gas, natural gas liquids (NGL), and olefins. As of December 31, 2016, its interstate gas pipelines, midstream and olefins production interests were held through its investment in Williams Partners L.P.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “WMB”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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