Senator Investment Group Lp adds Williams Companies Inc (WMB) to its portfolio

Williams Companies Inc (WMB) : Senator Investment Group Lp added new position in Williams Companies Inc during the most recent quarter end. The investment management firm now holds 4,750,000 shares of Williams Companies Inc which is valued at $124,497,500 , the company said in a statement filed on Aug 12, 2016 with the SEC.Williams Companies Inc makes up approximately 1.86% of Senator Investment Group Lp’s portfolio.

Other Hedge Funds, Including , Blackrock Institutional Trust Company N.a. reduced its stake in WMB by selling 414,394 shares or 2.27% in the most recent quarter. The Hedge Fund company now holds 17,830,851 shares of WMB which is valued at $467,346,605. Williams Companies Inc makes up approx 0.07% of Blackrock Institutional Trust Company N.a.’s portfolio. Blair William Coil added WMB to its portfolio by purchasing 34,268 company shares during the most recent quarter which is valued at $901,934. Williams Companies Inc makes up approx 0.01% of Blair William Coil’s portfolio.Tradewinds Capital Management reduced its stake in WMB by selling 1,750 shares or 87.5% in the most recent quarter. The Hedge Fund company now holds 250 shares of WMB which is valued at $5,993.

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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