As Williams Cos Del (WMB) Market Valuation Declined, Holder Suntrust Banks Has Trimmed Its Position by $490,500; As Williams Cos Del Com (WMB) Stock Declined, Patriot Wealth Management Has Increased Stake by $5.13 Million

May 26, 2018 - By Nellie Frank

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

Suntrust Banks Inc decreased its stake in Williams Cos Inc Del (WMB) by 6.21% based on its latest 2017Q4 regulatory filing with the SEC. Suntrust Banks Inc sold 16,350 shares as the company’s stock declined 17.02% with the market. The institutional investor held 246,944 shares of the public utilities company at the end of 2017Q4, valued at $7.53M, down from 263,294 at the end of the previous reported quarter. Suntrust Banks Inc who had been investing in Williams Cos Inc Del for a number of months, seems to be less bullish one the $22.34 billion market cap company. The stock decreased 0.74% or $0.2 during the last trading session, reaching $26.99. About 7.21M shares traded. The Williams Companies, Inc. (NYSE:WMB) has declined 12.25% since May 26, 2017 and is downtrending. It has underperformed by 23.80% the S&P500.

Patriot Wealth Management Inc increased its stake in Williams Cos Inc Del Com (WMB) by 161.15% based on its latest 2017Q4 regulatory filing with the SEC. Patriot Wealth Management Inc bought 170,874 shares as the company’s stock declined 17.02% with the market. The institutional investor held 276,906 shares of the public utilities company at the end of 2017Q4, valued at $8.44M, up from 106,032 at the end of the previous reported quarter. Patriot Wealth Management Inc who had been investing in Williams Cos Inc Del Com for a number of months, seems to be bullish on the $22.34B market cap company. The stock decreased 0.74% or $0.2 during the last trading session, reaching $26.99. About 7.21 million shares traded. The Williams Companies, Inc. (NYSE:WMB) has declined 12.25% since May 26, 2017 and is downtrending. It has underperformed by 23.80% the S&P500.

Since January 11, 2018, it had 0 insider purchases, and 3 insider sales for $1.06 million activity. Shares for $888,195 were sold by Scheel James E. on Thursday, January 11. 4,000 shares were sold by Cooper Kathleen B, worth $113,244 on Monday, February 26.

Among 22 analysts covering Williams Companies Inc. (NYSE:WMB), 17 have Buy rating, 0 Sell and 5 Hold. Therefore 77% are positive. Williams Companies Inc. had 61 analyst reports since July 23, 2015 according to SRatingsIntel. Barclays Capital maintained it with “Equal-Weight” rating and $31 target in Tuesday, April 17 report. The rating was downgraded by Jefferies on Thursday, July 23 to “Hold”. The rating was maintained by RBC Capital Markets with “Buy” on Tuesday, January 16. The stock has “Buy” rating by UBS on Tuesday, August 2. On Wednesday, April 25 the stock rating was initiated by Seaport Global with “Buy”. The firm has “Overweight” rating given on Friday, March 9 by JP Morgan. The stock has “Hold” rating by Jefferies on Tuesday, January 10. The stock has “Overweight” rating by Morgan Stanley on Monday, December 19. The firm has “Outperform” rating by Credit Suisse given on Thursday, January 26. Wells Fargo upgraded the stock to “Outperform” rating in Monday, May 8 report.

Another recent and important The Williams Companies, Inc. (NYSE:WMB) news was published by Seekingalpha.com which published an article titled: “Williams, And Enbridge, And Cheniere, Oh My!” on May 18, 2018.

Patriot Wealth Management Inc, which manages about $1.25B and $705.94M US Long portfolio, decreased its stake in United Rentals Inc Com (NYSE:URI) by 22,137 shares to 22,590 shares, valued at $3.88M in 2017Q4, according to the filing.

Investors sentiment decreased to 0.89 in 2017 Q4. Its down 0.30, from 1.19 in 2017Q3. It worsened, as 62 investors sold WMB 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. Kings Point Capital Mngmt has invested 0.11% in The Williams Companies, Inc. (NYSE:WMB). Tru Asset Limited Liability reported 303,583 shares. State Of Wisconsin Invest Board holds 0.1% or 1.18 million shares in its portfolio. Sageworth Trust Company holds 0% or 17 shares. Ecofin Limited holds 3.07% or 449,580 shares in its portfolio. Asset Management Limited Liability holds 2.97% or 116,110 shares. Laffer reported 56,784 shares or 0.43% of all its holdings. State Of Tennessee Treasury Department holds 0.03% of its portfolio in The Williams Companies, Inc. (NYSE:WMB) for 213,876 shares. Lvw Advsr Ltd Limited Liability Company holds 0.08% or 9,459 shares. Liberty Mutual Group Incorporated Asset accumulated 32,947 shares or 0.03% of the stock. Voya Mngmt Lc holds 0.03% or 501,576 shares. Vnbtrust Association invested 0.13% of its portfolio in The Williams Companies, Inc. (NYSE:WMB). Moreover, City Com has 0% invested in The Williams Companies, Inc. (NYSE:WMB) for 52 shares. Alethea Mngmt Lc stated it has 0.34% in The Williams Companies, Inc. (NYSE:WMB). Shelton Capital Management holds 6,807 shares or 0.01% of its portfolio.

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

Investors sentiment decreased to 0.89 in Q4 2017. Its down 0.30, from 1.19 in 2017Q3. It worsened, as 62 investors sold WMB 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. Security reported 0% of its portfolio in The Williams Companies, Inc. (NYSE:WMB). Moreover, Morgan Stanley has 0.07% invested in The Williams Companies, Inc. (NYSE:WMB). Pineno Levin Ford Asset Management Inc stated it has 6,785 shares or 0.09% of all its holdings. Mutual Of America Capital Ltd Company has invested 0.1% of its portfolio in The Williams Companies, Inc. (NYSE:WMB). Willingdon Wealth Management has 317 shares for 0% of their portfolio. Ecofin Limited owns 3.07% invested in The Williams Companies, Inc. (NYSE:WMB) for 449,580 shares. Hutchin Hill Cap LP has invested 0.07% of its portfolio in The Williams Companies, Inc. (NYSE:WMB). 28,915 are owned by Perkins Coie Tru. Thrivent Fincl For Lutherans has 0.01% invested in The Williams Companies, Inc. (NYSE:WMB) for 144,158 shares. Webster Bank & Trust N A owns 600 shares for 0% of their portfolio. Management has invested 1.32% of its portfolio in The Williams Companies, Inc. (NYSE:WMB). Eagleclaw Managment Limited Co reported 79,719 shares. Davenport Ltd Liability holds 0% or 12,751 shares in its portfolio. Blair William & Il, Illinois-based fund reported 47,063 shares. Caprock Gru Inc holds 0.1% or 15,807 shares in its portfolio.

Among 22 analysts covering Williams Companies Inc. (NYSE:WMB), 17 have Buy rating, 0 Sell and 5 Hold. Therefore 77% are positive. Williams Companies Inc. had 61 analyst reports since July 23, 2015 according to SRatingsIntel. The rating was downgraded by Barclays Capital to “Equal-Weight” on Wednesday, January 11. RBC Capital Markets maintained The Williams Companies, Inc. (NYSE:WMB) rating on Monday, June 5. RBC Capital Markets has “Buy” rating and $3400 target. The rating was upgraded by J.P. Morgan on Friday, March 9 to “Buy”. The rating was maintained by Jefferies on Wednesday, December 20 with “Buy”. Howard Weil downgraded the stock to “Sector Perform” rating in Tuesday, September 29 report. Morgan Stanley upgraded the stock to “Overweight” rating in Monday, December 19 report. The stock of The Williams Companies, Inc. (NYSE:WMB) has “Buy” rating given on Friday, April 7 by Citigroup. Jefferies maintained The Williams Companies, Inc. (NYSE:WMB) rating on Friday, January 12. Jefferies has “Buy” rating and $37.0 target. On Monday, August 22 the stock rating was maintained by Argus Research with “Buy”. Jefferies upgraded the stock to “Buy” rating in Friday, December 18 report.

Another recent and important The Williams Companies, Inc. (NYSE:WMB) news was published by Seekingalpha.com which published an article titled: “Williams, And Enbridge, And Cheniere, Oh My!” on May 18, 2018.

Suntrust Banks Inc, which manages about $18.67B US Long portfolio, upped its stake in First Tr Exchange Traded Fd (FXL) by 120,761 shares to 163,890 shares, valued at $8.41 million in 2017Q4, according to the filing. It also increased its holding in Prudential Finl Inc (NYSE:PRU) by 3,145 shares in the quarter, for a total of 44,844 shares, and has risen its stake in Red Hat Inc (NYSE:RHT).

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 $173.81M for 32.13 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. (NYSE:WMB) Institutional Positions Chart

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