Highfields Capital Management Lp buys $495,797,822 stake in Williams Companies Inc (WMB)

Williams Companies Inc (WMB) : Highfields Capital Management Lp scooped up 12,043,361 additional shares in Williams Companies Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 18,916,361 shares of Williams Companies Inc which is valued at $495,797,822.Williams Companies Inc makes up approximately 4.73% of Highfields Capital Management Lp’s portfolio.

Other Hedge Funds, Including , Weiss Multi-strategy Advisers added WMB to its portfolio by purchasing 100,816 company shares during the most recent quarter which is valued at $2,642,387. Williams Companies Inc makes up approx 0.12% of Weiss Multi-strategy Advisers’s portfolio.Andra Ap-fonden reduced its stake in WMB by selling 4,800 shares or 5.05% in the most recent quarter. The Hedge Fund company now holds 90,200 shares of WMB which is valued at $2,364,142. Williams Companies Inc makes up approx 0.06% of Andra Ap-fonden’s portfolio.Marshall Wace Llp boosted its stake in WMB in the latest quarter, The investment management firm added 407,395 additional shares and now holds a total of 709,041 shares of Williams Companies Inc which is valued at $18,583,965. Williams Companies Inc makes up approx 0.15% of Marshall Wace Llp’s portfolio.Teacher Retirement System Of Texas boosted its stake in WMB in the latest quarter, The investment management firm added 12,215 additional shares and now holds a total of 51,003 shares of Williams Companies Inc which is valued at $1,322,508. Williams Companies Inc makes up approx 0.01% of Teacher Retirement System Of Texas’s portfolio.Integrated Wealth Management reduced its stake in WMB by selling 311 shares or 33.62% in the most recent quarter. The Hedge Fund company now holds 614 shares of WMB which is valued at $15,761. Williams Companies Inc makes up approx 0.01% of Integrated Wealth Management’s portfolio.

Williams Companies Inc opened for trading at $27.77 and hit $28.23 on the upside on Thursday, eventually ending the session at $28.15, with a gain of 0.75% or 0.21 points. The heightened volatility saw the trading volume jump to 1,24,62,521 shares. Company has a market cap of $21,131 M.

On the company’s financial health, Williams Companies Inc reported $0.19 EPS for the quarter, missing the analyst consensus estimate by $ -0.01 based on the information available during the earnings call on Aug 1, 2016. Analyst had a consensus of $0.20.Analysts expectations of $ 1794.33.During the same quarter in the previous year, the company posted $0.15 EPS.

Many Wall Street Analysts have commented on Williams Companies Inc. Williams Companies Inc was Upgraded by Raymond James to ” Outperform” on Aug 3, 2016. Williams Companies Inc was Resumed by Citigroup to “Neutral” on Jul 22, 2016. Goldman Resumed Williams Companies Inc on Jul 13, 2016 to “Buy”, Price Target of the shares are set at $25.

The Williams Companies Inc. is an energy infrastructure company focused on connecting North America’s hydrocarbon resource plays to markets for natural gas natural gas liquids (NGLs) and olefins. The Company operates through three segments: Williams Partners comprised of its consolidated partnership Pre-merger WPZ (Williams Partners L.P.) which includes gas pipeline and midstream businesses; 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-based contracts and 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.

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