Williams Companies (NYSE:WMB) Reaching An Inflection Point; Deutsche Bank Initiates Shares At “Buy” with $29 target

April 21, 2018 - By Linda Rogers

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

Investors sentiment decreased to 0.89 in Q4 2017. Its down 0.30, from 1.19 in 2017Q3. It is negative, 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.

State Street has invested 0.1% in The Williams Companies, Inc. (NYSE:WMB). 234,680 are held by Robertson Opportunity Limited Liability Corporation. Holt Advsr Ltd Company Dba Holt Partners Ltd Partnership stated it has 10,797 shares. Wolverine Asset Ltd Liability Com, a Illinois-based fund reported 11,892 shares. 7,579 are owned by Prudential Plc. Security National Trust Communications reported 0% of its portfolio in The Williams Companies, Inc. (NYSE:WMB). Lucas Mgmt reported 0.26% of its portfolio in The Williams Companies, Inc. (NYSE:WMB). Millennium Mngmt Ltd holds 0% or 83,980 shares in its portfolio. Deutsche Retail Bank Ag, a Germany-based fund reported 17.90M shares. Axa reported 75,539 shares stake. M&R Mgmt holds 0.01% or 1,585 shares. Huntington Bankshares stated it has 0.01% of its portfolio in The Williams Companies, Inc. (NYSE:WMB). Segall Bryant And Hamill Ltd Liability Co holds 0.01% or 10,845 shares in its portfolio. Citigroup invested in 0.03% or 1.06 million shares. 1832 Asset Mngmt L P holds 0.03% or 277,152 shares.

Since January 11, 2018, it had 0 insider buys, and 3 sales for $1.06 million activity. 4,000 shares were sold by Cooper Kathleen B, worth $113,244 on Monday, February 26. Scheel James E. had sold 26,915 shares worth $888,195.

Why Has Deutsche Bank Given Williams Companies (NYSE:WMB) a $29 Price Target

In a research note revealed to clients and investors on Friday, 20 April, research analysts at Deutsche Bank started coverage for Williams Companies (NYSE:WMB) shares. The firm has decided to set a “Buy” rating along with a $29, adding 13.68 % to the target.

Investors sentiment decreased to 0.89 in Q4 2017. Its down 0.30, from 1.19 in 2017Q3. It is negative, 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.

State Street has invested 0.1% in The Williams Companies, Inc. (NYSE:WMB). 234,680 are held by Robertson Opportunity Limited Liability Corporation. Holt Advsr Ltd Company Dba Holt Partners Ltd Partnership stated it has 10,797 shares. Wolverine Asset Ltd Liability Com, a Illinois-based fund reported 11,892 shares. 7,579 are owned by Prudential Plc. Security National Trust Communications reported 0% of its portfolio in The Williams Companies, Inc. (NYSE:WMB). Lucas Mgmt reported 0.26% of its portfolio in The Williams Companies, Inc. (NYSE:WMB). Millennium Mngmt Ltd holds 0% or 83,980 shares in its portfolio. Deutsche Retail Bank Ag, a Germany-based fund reported 17.90M shares. Axa reported 75,539 shares stake. M&R Mgmt holds 0.01% or 1,585 shares. Huntington Bankshares stated it has 0.01% of its portfolio in The Williams Companies, Inc. (NYSE:WMB). Segall Bryant And Hamill Ltd Liability Co holds 0.01% or 10,845 shares in its portfolio. Citigroup invested in 0.03% or 1.06 million shares. 1832 Asset Mngmt L P holds 0.03% or 277,152 shares.

Since January 11, 2018, it had 0 insider buys, and 3 sales for $1.06 million activity. 4,000 shares were sold by Cooper Kathleen B, worth $113,244 on Monday, February 26. Scheel James E. had sold 26,915 shares worth $888,195.

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

Among 12 analysts covering Williams Companies (NYSE:WMB), 9 have Buy rating, 0 Sell and 3 Hold. Therefore 75% are positive. Williams Companies has $38.0 highest and $29 lowest target. $34.50’s average target is 35.24% above currents $25.51 stock price. Williams Companies had 14 analyst reports since November 17, 2017 according to SRatingsIntel. The firm has “Market Perform” rating given on Tuesday, March 27 by Bernstein. The firm earned “Equal-Weight” rating on Wednesday, January 17 by Barclays Capital. The firm has “Buy” rating given on Tuesday, March 27 by Bank of America. The rating was upgraded by J.P. Morgan on Friday, March 9 to “Buy”. Morgan Stanley maintained The Williams Companies, Inc. (NYSE:WMB) on Friday, November 17 with “Overweight” rating. The stock has “Hold” rating by Scotia Capital on Monday, January 29. The stock has “Buy” rating by Jefferies on Wednesday, December 20. The rating was upgraded by JP Morgan on Friday, March 9 to “Overweight”. The firm earned “Buy” rating on Tuesday, January 16 by RBC Capital Markets. The stock of The Williams Companies, Inc. (NYSE:WMB) earned “Equal-Weight” rating by Barclays Capital on Tuesday, April 17.

The stock decreased 0.16% or $0.04 during the last trading session, reaching $25.51. About 5.21 million shares traded. The Williams Companies, Inc. (NYSE:WMB) has declined 12.25% since April 21, 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 May, 2 after the close. They expect $0.18 EPS, up 28.57 % or $0.04 from last year’s $0.14 per share. WMB’s profit will be $148.97 million for 35.43 P/E if the $0.18 EPS becomes a reality. After $0.20 actual EPS reported by The Williams Companies, Inc. for the previous quarter, Wall Street now forecasts -10.00 % negative EPS growth.

The Williams Companies, Inc. operates as an energy infrastructure firm primarily in the United States. The company has market cap of $21.11 billion. The firm operates through Williams Partners, Williams NGL & Petchem Services, and Other divisions. It has a 9.74 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.

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

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