Williams Companies Inc Stock Price Could Go Up After Today’s Bullish Options Activity


 Williams Companies Inc Stock Price Could Go Up After Today's Bullish Options Activity

In today’s session Williams Companies Inc (WMB) registered an unusually high (1,447) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the October, 2016 call, expecting serious WMB increase. With 1,447 contracts traded and 160154 open interest for the Oct, 16 contract, it seems this is a quite bullish bet. The option with symbol: WMB161021C00030000 closed last at: $0.25 or 37.5% down. About 1.07M shares traded hands. Williams Companies Inc (NYSE:WMB) has risen 80.00% since March 15, 2016 and is uptrending. It has outperformed by 74.52% the S&P500.

Analysts await Williams Companies Inc (NYSE:WMB) to report earnings on October, 26. They expect $0.20 earnings per share, down 9.09% or $0.02 from last year’s $0.22 per share. WMB’s profit will be $149.79 million for 36.40 P/E if the $0.20 EPS becomes a reality. After $0.19 actual earnings per share reported by Williams Companies Inc for the previous quarter, Wall Street now forecasts 5.26% EPS growth.

Williams Companies Inc (NYSE:WMB) Ratings Coverage

Out of 12 analysts covering Williams Companies Inc. (NYSE:WMB), 7 rate it a “Buy”, 0 “Sell”, while 5 “Hold”. This means 58% are positive. $49.98 is the highest target while $25 is the lowest. The $30.33 average target is 4.16% above today’s ($29.12) stock price. Williams Companies Inc. has been the topic of 22 analyst reports since July 23, 2015 according to StockzIntelligence Inc. As per Tuesday, March 22, the company rating was maintained by Jefferies. On Thursday, September 10 the stock rating was downgraded by Wells Fargo to “Market Perform”. The company was maintained on Tuesday, August 2 by UBS. Bernstein initiated Williams Companies Inc (NYSE:WMB) on Wednesday, May 11 with “Outperform” rating. The firm has “Buy” rating given on Monday, August 22 by Argus Research. As per Thursday, September 29, the company rating was initiated by Stephens. The firm earned “Sector Perform” rating on Tuesday, September 29 by Howard Weil. On Tuesday, August 2 the stock rating was maintained by Evercore with “Buy”. On Friday, July 22 the stock rating was reinitiated by Citigroup with “Neutral”. The rating was upgraded by Jefferies on Friday, December 18 to “Buy”.

According to Zacks Investment Research, “Williams Companies moves, manages and markets a variety of energy products, including natural gas, liquid hydrocarbons, petroleum and electricity. Based in Tulsa, Oklahoma, Williams’ operations span the energy value chain from wellhead to burner tip.”

Insitutional Activity: The institutional sentiment increased to 0.93 in 2016 Q2. Its up 0.17, from 0.76 in 2016Q1. The ratio is positive, as 62 funds sold all Williams Companies Inc shares owned while 212 reduced positions. 84 funds bought stakes while 170 increased positions. They now own 614.76 million shares or 0.67% less from 618.90 million shares in 2016Q1.
Blackrock accumulated 1.87 million shares or 0.06% of the stock. Delta Asset Mgmt Limited Com Tn reported 1,960 shares or 0.01% of all its holdings. Blb&B Advsrs Limited Liability Corporation has 0.11% invested in the company for 26,910 shares. Pnc Fin Svcs Group Inc owns 307,076 shares or 0.01% of their US portfolio. Hl Svcs Ltd Liability Corporation has 0.01% invested in the company for 14,913 shares. Lombard Odier Asset Mngmt (Europe) Limited, a United Kingdom-based fund reported 9,500 shares. Ibm Retirement Fund, a New York-based fund reported 88,275 shares. Manufacturers Life The holds 0.03% of its portfolio in Williams Companies Inc (NYSE:WMB) for 778,790 shares. Raymond James Financial Svcs Advisors, a Florida-based fund reported 138,819 shares. Fmr Ltd Liability Com accumulated 0.18% or 62.58 million shares. Duff Phelps Inv Mgmt reported 178,544 shares or 0.06% of all its holdings. Pinnacle Limited has 0.02% invested in the company for 34,168 shares. Jrm Invest Counsel Llc has 167,863 shares for 3.48% of their US portfolio. Quantres Asset Ltd owns 76,200 shares or 1.02% of their US portfolio. Natixis holds 0.22% of its portfolio in Williams Companies Inc (NYSE:WMB) for 546,976 shares.

Insider Transactions: Since August 12, 2016, the stock had 0 insider buys, and 1 sale for $52,468 net activity. Timmermans Ted T also sold $52,468 worth of Williams Companies Inc (NYSE:WMB) on Friday, August 12.

The Williams Companies, Inc. is an energy infrastructure firm focused on connecting North America’s hydrocarbon resource plays to markets for natural gas, natural gas liquids and olefins. The company has a market cap of $21.81 billion. The Company’s divisions include Williams Partners, Williams NGL & Petchem Services, and Other. It currently has negative earnings. The Company’s Williams Partners segment consists of its consolidated partnership in Williams Partners L.P., including gas pipeline, which consists of interstate natural gas pipelines and pipeline joint project investments, and midstream business, which provides natural gas gathering, treating, processing and compression services.

WMB Company Profile

The Williams Companies, Inc., incorporated on February 3, 1987, is an energy infrastructure firm focused on connecting North America’s hydrocarbon resource plays to markets for natural gas, natural gas liquids (NGLs), and olefins. The Company’s activities are located in the United States, but span from the deepwater Gulf of Mexico to the Canadian oil sands. The Firm operates through three divisions: Williams Partners, Access Midstream, and Williams NGL and Petchem Services. The Company’s Williams Partners comprised of its consolidated partnership Pre-merger WPZ (Williams Partners L.P.), which includes gas pipeline and midstream businesses. The Access Midstream comprised of its consolidated master limited partnership ACMP (Access Midstream Partners, L.P.), which includes certain domestic midstream businesses that provide gathering, treating, and compression services to producers under long-term, fee contracts. The Williams NGL and Petchem Services comprised of certain other domestic olefins pipeline assets and certain Canadian growth projects under development, including a propane dehydrogenation facility and a liquids extraction plant. Other is comprised of corporate activities and its Canadian construction services company.

More recent Williams Companies Inc (NYSE:WMB) news were published by: Fool.com which released: “Williams Companies Inc’s Key Growth Project Hits a Snag” on October 14, 2016. Also Fool.com published the news titled: “What Is Williams Companies Inc.’s Greatest Risk?” on October 11, 2016. Fool.com‘s news article titled: “Why Long-Term Investors Should Prefer Enbridge Inc Over Williams Companies Inc” with publication date: October 04, 2016 was also an interesting one.

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