Columbus Hill Capital Management buys $86,171,351 stake in Williams Companies Inc (WMB)

Williams Companies Inc (WMB) : Columbus Hill Capital Management scooped up 2,313,228 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 12, 2016. The investment management firm now holds a total of 3,287,728 shares of Williams Companies Inc which is valued at $86,171,351.Williams Companies Inc makes up approximately 9.53% of Columbus Hill Capital Management’s portfolio.

Other Hedge Funds, Including , Ontario Teachers Pension Plan Board boosted its stake in WMB in the latest quarter, The investment management firm added 23,385 additional shares and now holds a total of 43,637 shares of Williams Companies Inc which is valued at $1,143,726. Williams Companies Inc makes up approx 0.01% of Ontario Teachers Pension Plan Board’s portfolio.Pacad Investment Ltd. boosted its stake in WMB in the latest quarter, The investment management firm added 65,827 additional shares and now holds a total of 119,366 shares of Williams Companies Inc which is valued at $3,128,583. Williams Companies Inc makes up approx 0.41% of Pacad Investment Ltd.’s portfolio.Blackrock Fund Advisors boosted its stake in WMB in the latest quarter, The investment management firm added 2,859,815 additional shares and now holds a total of 12,470,077 shares of Williams Companies Inc which is valued at $326,840,718. Williams Companies Inc makes up approx 0.07% of Blackrock Fund Advisors’s portfolio. Novare Capital Management added WMB to its portfolio by purchasing 21,175 company shares during the most recent quarter which is valued at $557,326. Williams Companies Inc makes up approx 0.15% of Novare Capital Management’s portfolio.

Williams Companies Inc opened for trading at $27.73 and hit $28.21 on the upside on Monday, eventually ending the session at $28.06, with a gain of 0.83% or 0.23 points. The heightened volatility saw the trading volume jump to 62,21,928 shares. Company has a market cap of $21,063 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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