Scotiabank Has Just Given Williams Co (NYSE:WMB) a Higher Rating. Are Other Analysts Next?

May 18, 2018 - By Henry Gaston

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 dived, 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.

The Georgia-based Earnest Ltd Company has invested 0% in The Williams Companies, Inc. (NYSE:WMB). First Interstate Bank has invested 0.02% in The Williams Companies, Inc. (NYSE:WMB). Deutsche National Bank Ag holds 17.90M shares or 0.35% of its portfolio. Rocky Mountain Advisers Limited Liability Corp stated it has 0.12% of its portfolio in The Williams Companies, Inc. (NYSE:WMB). Talara Cap Ltd Liability Corp reported 1.4% of its portfolio in The Williams Companies, Inc. (NYSE:WMB). Cbre Clarion Limited Com holds 0.04% or 114,900 shares in its portfolio. Tocqueville Asset Mngmt L P holds 11,835 shares. Loring Wolcott & Coolidge Fiduciary Limited Liability Partnership Ma holds 0.01% of its portfolio in The Williams Companies, Inc. (NYSE:WMB) for 12,500 shares. Hbk Invs Ltd Partnership holds 1.68 million shares or 0.48% of its portfolio. Highland Capital Lp accumulated 1.16% or 830,419 shares. Mariner Wealth Advsrs Ltd Llc reported 0.38% stake. Connecticut-based Hartford Management Inc has invested 0.36% in The Williams Companies, Inc. (NYSE:WMB). First Allied Advisory Inc owns 21,620 shares. Steadfast Capital Management Ltd Partnership accumulated 5.56M shares. Ci Invests stated it has 2.1% of its portfolio in The Williams Companies, Inc. (NYSE:WMB).

Since January 11, 2018, it had 0 insider purchases, and 3 insider sales for $1.06 million activity. $56,566 worth of The Williams Companies, Inc. (NYSE:WMB) was sold by Timmermans Ted T. Cooper Kathleen B sold 4,000 shares worth $113,244.

Williams Co (NYSE:WMB) Stock Upgrade

In a note revealed to investors on Friday, 18 May, Scotiabank announced that they have decided to upgrade Williams Co (NYSE:WMB) shares 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. J.P. Morgan upgraded it to “Buy” rating and $36.0 target in Friday, March 9 report. The firm earned “Buy” rating on Tuesday, January 16 by RBC Capital Markets. The rating was downgraded by Bernstein to “Market Perform” on Tuesday, March 27. As per Friday, March 9, the company rating was upgraded by JP Morgan. The rating was maintained by UBS on Friday, March 2 with “Buy”. The rating was downgraded by Barclays Capital to “Equal-Weight” on Wednesday, January 17. The rating was maintained by Barclays Capital with “Equal-Weight” on Tuesday, April 17. As per Monday, January 29, the company rating was maintained by Scotia Capital. The stock of The Williams Companies, Inc. (NYSE:WMB) has “Buy” rating given on Wednesday, April 25 by Seaport Global. As per Friday, January 12, the company rating was maintained by Jefferies.

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

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

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