Whetstone Capital Advisors Lowers stake in Williams Companies Inc (WMB)

Williams Companies Inc (WMB) : Whetstone Capital Advisors reduced its stake in Williams Companies Inc by 17.94% during the most recent quarter end. The investment management company now holds a total of 731,354 shares of Williams Companies Inc which is valued at $19,249,237 after selling 159,932 shares in Williams Companies Inc , the firm said in a disclosure report filed with the SEC on Aug 9, 2016.Williams Companies Inc makes up approximately 16.11% of Whetstone Capital Advisors’s portfolio.

Other Hedge Funds, Including , First Personal Financial Services reduced its stake in WMB by selling 460 shares or 33.17% in the most recent quarter. The Hedge Fund company now holds 927 shares of WMB which is valued at $24,037. Williams Companies Inc makes up approx 0.01% of First Personal Financial Services’s portfolio.Central Trust Co reduced its stake in WMB by selling 1,643 shares or 16.0% in the most recent quarter. The Hedge Fund company now holds 8,626 shares of WMB which is valued at $227,036. Williams Companies Inc makes up approx 0.02% of Central Trust Co’s portfolio.Ngam Advisors reduced its stake in WMB by selling 12,578 shares or 50.69% in the most recent quarter. The Hedge Fund company now holds 12,235 shares of WMB which is valued at $314,072.Alps Advisors Inc boosted its stake in WMB in the latest quarter, The investment management firm added 161,636 additional shares and now holds a total of 192,645 shares of Williams Companies Inc which is valued at $4,484,776. Williams Companies Inc makes up approx 0.04% of Alps Advisors Inc’s portfolio.Winslow Evans Crocker boosted its stake in WMB in the latest quarter, The investment management firm added 402 additional shares and now holds a total of 9,832 shares of Williams Companies Inc which is valued at $241,081. Williams Companies Inc makes up approx 0.07% of Winslow Evans Crocker’s portfolio.

Williams Companies Inc closed down -0.23 points or -0.87% at $26.06 with 55,67,634 shares getting traded on Wednesday. Post opening the session at $26.11, the shares hit an intraday low of $25.67 and an intraday high of $26.45 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

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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