In today’s session Williams Companies Inc (WMB) registered an unusually high (3,542) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the November, 2016 call, expecting serious WMB increase. With 3,542 contracts traded and 181614 open interest for the Nov, 16 contract, it seems this is a quite bullish bet. The option with symbol: WMB161118C00030000 closed last at: $1.13 or 13% up. About 1.12M shares traded hands. Williams Companies Inc (NYSE:WMB) has risen 86.46% since March 30, 2016 and is uptrending. It has outperformed by 83.45% the S&P500.
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 6.42% above today’s ($28.5) stock price. Williams Companies Inc. has been the topic of 22 analyst reports since July 23, 2015 according to StockzIntelligence Inc. Jefferies upgraded it to “Buy” rating and $43 target price in Friday, December 18 report. The company was downgraded on Tuesday, September 29 by Howard Weil. The rating was maintained by Goldman Sachs with “Buy” on Wednesday, July 13. The stock of Williams Companies Inc (NYSE:WMB) earned “Buy” rating by Argus Research on Monday, August 22. The firm has “Market Perform” rating given on Thursday, September 10 by Wells Fargo. Bernstein initiated Williams Companies Inc (NYSE:WMB) rating on Wednesday, May 11. Bernstein has “Outperform” rating and $25 price target. The company was maintained on Wednesday, August 12 by Argus Research. Raymond James downgraded the stock to “Market Perform” rating in Friday, May 6 report. The stock of Williams Companies Inc (NYSE:WMB) has “Outperform” rating given on Monday, September 26 by RBC Capital Markets. Jefferies maintained Williams Companies Inc (NYSE:WMB) on Wednesday, June 8 with “Buy” rating.
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 Q2 2016. Its up 0.17, from 0.76 in 2016Q1. The ratio increased, 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.
Point72 Asia (Hong Kong) has 0.06% invested in the company for 2,333 shares. Blackrock Advisors Ltd Liability Corp reported 4.33 million shares or 0.1% of all its holdings. Moreover, Alps Inc has 0.04% invested in Williams Companies Inc (NYSE:WMB) for 192,645 shares. Perkins Coie Trust Co holds 0.41% of its portfolio in Williams Companies Inc (NYSE:WMB) for 28,915 shares. Mitsubishi Ufj Trust & Bk, a Japan-based fund reported 1.52 million shares. Architects has 13,574 shares for 0.08% of their US portfolio. Mycio Wealth Partners Ltd Llc accumulated 0% or 1,020 shares. Axa holds 0% or 6,678 shares in its portfolio. State Board Of Administration Of Florida Retirement Sys has 1.10 million shares for 0.08% of their US portfolio. British Columbia Investment Mgmt Corporation, a British Columbia – Canada-based fund reported 472,387 shares. Palisade Mngmt Lc Nj last reported 0.01% of its portfolio in the stock. The Tennessee-based Ftb Advsrs Incorporated has invested 0% in Williams Companies Inc (NYSE:WMB). Reliance Tru Of Delaware holds 10,690 shares or 0.02% of its portfolio. Highland Cap Mgmt L P has 0.63% invested in the company for 705,914 shares. King Luther Cap Management has invested 0% of its portfolio in Williams Companies Inc (NYSE:WMB).
Insider Transactions: Since August 12, 2016, the stock had 0 insider purchases, and 1 sale for $52,468 net activity. $52,468 worth of Williams Companies Inc (NYSE:WMB) was sold by Timmermans Ted T.
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 $21.06 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 Americaâ€™s hydrocarbon resource plays to markets for natural gas, natural gas liquids (NGLs), and olefins. The Companyâ€™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 Companyâ€™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 notable recent Williams Companies Inc (NYSE:WMB) news were published by: Fool.com which released: “3 Key Numbers From Williams Companies Inc.’s Third-Quarter Report” on October 31, 2016, also Fool.com with their article: “3 Questions Williams Companies Inc Investors Want Answered Next Week” published on October 28, 2016, Fool.com published: “Williams Companies Inc Takes Another Step to Strengthen Its Future Results” on October 20, 2016. More interesting news about Williams Companies Inc (NYSE:WMB) were released by: Fool.com and their article: “Williams Companies Inc’s Key Growth Project Hits a Snag” published on October 14, 2016 as well as Fool.com‘s news article titled: “Why Long-Term Investors Should Prefer Enbridge Inc Over Williams Companies Inc” with publication date: October 04, 2016.
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