Williams Co (NYSE:WMB) Receives a Higher Rating From Scotiabank. Is it Time to Buy Shares?

May 18, 2018 - By Calvin Voll

The Williams Companies, Inc. (NYSE:WMB) Logo

Investors sentiment decreased to 0.89 in 2017 Q4. Its down 0.30, from 1.19 in 2017Q3. It dropped, as 62 investors sold The Williams Companies, Inc. shares while 221 reduced holdings. 66 funds opened positions while 185 raised stakes. 693.56 million shares or 0.89% more from 687.46 million shares in 2017Q3 were reported.

Invesco has 0.03% invested in The Williams Companies, Inc. (NYSE:WMB). Umb Bancshares N A Mo stated it has 0.02% of its portfolio in The Williams Companies, Inc. (NYSE:WMB). Zurcher Kantonalbank (Zurich Cantonalbank) reported 218,213 shares or 0.06% of all its holdings. Morgan Stanley holds 0.07% or 8.21M shares. 40,665 were accumulated by Ontario Teachers Pension Plan Board. Pinebridge Limited Partnership owns 12,545 shares for 0.01% of their portfolio. Comerica Bank & Trust invested in 305,974 shares. Tiaa Cref Investment Mngmt Ltd Liability Company, New York-based fund reported 7.43M shares. Tarbox Family Office Inc stated it has 0% of its portfolio in The Williams Companies, Inc. (NYSE:WMB). M&R Capital Management has invested 0.01% in The Williams Companies, Inc. (NYSE:WMB). Moreover, State Of New Jersey Common Pension Fund D has 0.06% invested in The Williams Companies, Inc. (NYSE:WMB) for 547,100 shares. Goldman Sachs Grp Inc holds 0.15% of its portfolio in The Williams Companies, Inc. (NYSE:WMB) for 20.47 million shares. Automobile Association holds 617,233 shares or 0.05% of its portfolio. Hemenway Trust Ltd Liability Co stated it has 0.16% in The Williams Companies, Inc. (NYSE:WMB). Earnest Prtn Lc invested 0% of its portfolio in The Williams Companies, Inc. (NYSE:WMB).

Since January 11, 2018, it had 0 buys, and 3 insider sales for $1.06 million activity. On Friday, February 23 Timmermans Ted T sold $56,566 worth of The Williams Companies, Inc. (NYSE:WMB) or 2,000 shares. $888,195 worth of The Williams Companies, Inc. (NYSE:WMB) was sold by Scheel James E. on Thursday, January 11.

Williams Co (NYSE:WMB) Stock Upgrade

Trading of shares of Williams Co (NYSE:WMB) will be interesting to watch this afternoon as Scotiabank upped the stock to a Buy.

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

Among 12 analysts covering Williams Co (NYSE:WMB), 9 have Buy rating, 0 Sell and 3 Hold. Therefore 75% are positive. Williams Co has $38.0 highest and $2800 lowest target. $33.70’s average target is 20.70% above currents $27.92 stock price. Williams Co had 15 analyst reports since December 20, 2017 according to SRatingsIntel. The firm has “Buy” rating given on Friday, March 2 by UBS. The stock of The Williams Companies, Inc. (NYSE:WMB) has “Buy” rating given on Tuesday, January 16 by RBC Capital Markets. The stock has “Buy” rating by Jefferies on Wednesday, April 25. Scotia Capital maintained the shares of WMB in report on Monday, January 29 with “Hold” rating. Seaport Global initiated it with “Buy” rating and $2800 target in Wednesday, April 25 report. The stock of The Williams Companies, Inc. (NYSE:WMB) earned “Buy” rating by Jefferies on Friday, January 12. Bernstein downgraded The Williams Companies, Inc. (NYSE:WMB) on Tuesday, March 27 to “Market Perform” rating. The firm has “Equal-Weight” rating by Barclays Capital given on Wednesday, January 17. The firm has “Buy” rating by J.P. Morgan given on Friday, March 9. The firm has “Buy” rating by Jefferies given on Wednesday, December 20.

The stock decreased 0.32% or $0.09 during the last trading session, reaching $27.92. About 1.54 million shares traded. The Williams Companies, Inc. (NYSE:WMB) has declined 12.25% since May 18, 2017 and is downtrending. It has underperformed by 23.80% the S&P500.

Analysts await The Williams Companies, Inc. (NYSE:WMB) to report earnings on August, 1. They expect $0.21 earnings per share, up 61.54 % or $0.08 from last year’s $0.13 per share. WMB’s profit will be $173.80 million for 33.24 P/E if the $0.21 EPS becomes a reality. After $0.19 actual earnings per share reported by The Williams Companies, Inc. for the previous quarter, Wall Street now forecasts 10.53 % EPS growth.

The Williams Companies, Inc. operates as an energy infrastructure firm primarily in the United States. The company has market cap of $23.11 billion. The firm operates through Williams Partners, Williams NGL & Petchem Services, and Other divisions. It has a 10.66 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.

More recent The Williams Companies, Inc. (NYSE:WMB) news were published by: Prnewswire.com which released: “WeissLaw LLP Investigates Williams Partners LP Acquisition” on May 17, 2018. Also Finance.Yahoo.com published the news titled: “Is The Williams Companies Inc (NYSE:WMB) A Smart Pick For Income Investors?” on April 26, 2018. Seekingalpha.com‘s news article titled: “Williams buys rest of Williams Partners for $10.5B” with publication date: May 17, 2018 was also an interesting one.

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

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