3g Capital Partners Lp buys $60,280,000 stake in Williams Companies Inc (WMB)

Williams Companies Inc (WMB) : 3g Capital Partners Lp scooped up 1,500,000 additional shares in Williams Companies Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Nov 14, 2016. The investment management firm now holds a total of 2,000,000 shares of Williams Companies Inc which is valued at $60,280,000.Williams Companies Inc makes up approximately 5.13% of 3g Capital Partners Lp’s portfolio.

Other Hedge Funds, Including , Gotham Asset Management reduced its stake in WMB by selling 1,071,951 shares or 88.01% in the most recent quarter. The Hedge Fund company now holds 146,001 shares of WMB which is valued at $4,394,630. Williams Companies Inc makes up approx 0.05% of Gotham Asset Management’s portfolio.Sheaff Brock Investment Advisors boosted its stake in WMB in the latest quarter, The investment management firm added 79 additional shares and now holds a total of 9,551 shares of Williams Companies Inc which is valued at $279,367. Williams Companies Inc makes up approx 0.04% of Sheaff Brock Investment Advisors’s portfolio.Ubs Asset Management Americas Inc boosted its stake in WMB in the latest quarter, The investment management firm added 89,438 additional shares and now holds a total of 1,898,290 shares of Williams Companies Inc which is valued at $54,291,094. Williams Companies Inc makes up approx 0.06% of Ubs Asset Management Americas Inc’s portfolio. Her Majesty The Queen In Right Of The Province Of Alberta… sold out all of its stake in WMB during the most recent quarter. The investment firm sold 97,000 shares of WMB which is valued $2,726,670.

Williams Companies Inc closed down -0.03 points or -0.10% at $30.15 with 69,55,952 shares getting traded on Monday. Post opening the session at $30.21, the shares hit an intraday low of $30.08 and an intraday high of $30.5 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

On the company’s financial health, Williams Companies Inc reported $0.20 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Oct 31, 2016. Analyst had a consensus of $0.17.Analysts expectations of $ 1820.95.During the same quarter in the previous year, the company posted $0.22 EPS.

Many Wall Street Analysts have commented on Williams Companies Inc. RBC Capital Mkts Initiated Williams Companies Inc on Sep 26, 2016 to “Outperform”, Price Target of the shares are set at $39.

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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