As Williams Cos Del (WMB) Stock Price Declined, Louisiana State Employees Retirement System Has Lifted Its Stake; Patten & Patten Has Raised Its Bp Amoco Plc (BP) Position by $779,930 as Stock Declined

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Louisiana State Employees Retirement System increased its stake in Williams Cos Inc Del (WMB) by 45.38% based on its latest 2018Q3 regulatory filing with the SEC. Louisiana State Employees Retirement System bought 22,100 shares as the company’s stock declined 15.57% with the market. The institutional investor held 70,800 shares of the public utilities company at the end of 2018Q3, valued at $1.93 million, up from 48,700 at the end of the previous reported quarter. Louisiana State Employees Retirement System who had been investing in Williams Cos Inc Del for a number of months, seems to be bullish on the $33.01B market cap company. The stock increased 1.53% or $0.41 during the last trading session, reaching $27.27. About 11.12 million shares traded or 12.59% up from the average. The Williams Companies, Inc. (NYSE:WMB) has declined 15.42% since February 17, 2018 and is downtrending. It has underperformed by 15.42% the S&P500. Some Historical WMB News: 16/03/2018 – Williams: Relatively Small Percentage of Revenue Affected by Ruling; 17/05/2018 – WMB CFO: ROLL-UP TO MAKE TAXES SIGNIFICANTLY LESS AFTER 2024; 17/05/2018 – WILLIAMS COO MIKE DUNN COMMENTS AT ANALYST DAY; 17/05/2018 – WMB COO: CO. SEES A LOT OF OPPORTUNITIES IN THE GULF OF MEXICO; 20/04/2018 – N.Y. denies water permit to Williams Northeast Supply pipeline; 08/03/2018 – Williams Partners’ Transco Initiates Private Debt Issuance; 17/05/2018 – Fitch Places Williams Companies on Rating Watch Positive; 17/05/2018 – Williams Will Acquire All of the 256.0 Million Public Outstanding Units of Williams Partners; 03/05/2018 – WILLIAMS: ATLANTIC SUNRISE TIMING IS ‘WEATHER-DEPENDENT’ NOW; 16/03/2018 – WILLIAMS COMPANIES INC – FERC’S REVISED POLICY WILL ONLY IMPACT COST OF SERVICE RATE CALCULATIONS ON A PROSPECTIVE BASIS

Patten & Patten Inc increased its stake in Bp Amoco Plc (BP) by 66.78% based on its latest 2018Q3 regulatory filing with the SEC. Patten & Patten Inc bought 16,955 shares as the company’s stock declined 6.46% with the market. The institutional investor held 42,345 shares of the integrated oil company at the end of 2018Q3, valued at $1.95M, up from 25,390 at the end of the previous reported quarter. Patten & Patten Inc who had been investing in Bp Amoco Plc for a number of months, seems to be bullish on the $142.22 billion market cap company. The stock increased 1.00% or $0.42 during the last trading session, reaching $42.29. About 3.46 million shares traded. BP p.l.c. (NYSE:BP) has risen 0.15% since February 17, 2018 and is uptrending. It has outperformed by 0.15% the S&P500. Some Historical BP News: 23/05/2018 – BP Capital Fund Advisors’ Loftin on the BOON ETF (Video); 24/04/2018 – Cambridge donor BP urges university to keep fossil fuel investments; 26/04/2018 – BP PLC – LUND WILL JOIN BP BOARD AS CHAIRMAN DESIGNATE AND A NON-EXECUTIVE DIRECTOR ON 1 SEPTEMBER 2018; 10/04/2018 – BP: TAX CHANGE MAKES U.S. MORE ATTRACTIVE FOR INVESTMENT; 24/04/2018 – BP has ‘very strong’ partnership with Rosneft – CEO; 26/04/2018 – Lund takes helm as BP returns to calmer waters; 26/04/2018 – BP Names Helge Lund Chmn; 19/04/2018 – RELIANCE INDUSTRIES – TOGETHER PROJECTS WILL DEVELOP TOTAL OF ABOUT 3 TRLN CUBIC FEET OF DISCOVERED GAS RESOURCES WITH TOTAL INVESTMENT OF 400 BLN RUPEES; 01/05/2018 – BP EXPECTS 2018 CAPEX AT LOWER END OF RANGE; 15/03/2018 – AKER BP ASA AKERBP.OL – INTENDS TO USE NET PROCEEDS OF OFFERING TO PARTIALLY REPAY (WITHOUT CANCELLING) DRAWN COMMITMENTS UNDER COMPANY’S RESERVES-BASED LENDING FACILITY

Louisiana State Employees Retirement System, which manages about $2.34B US Long portfolio, decreased its stake in Inogen Inc (NASDAQ:INGN) by 3,000 shares to 4,800 shares, valued at $1.17 million in 2018Q3, according to the filing. It also reduced its holding in Rollins Inc (NYSE:ROL) by 20,100 shares in the quarter, leaving it with 5,800 shares, and cut its stake in Wellcare Health Plans Inc (NYSE:WCG).

Since November 2, 2018, it had 5 insider buys, and 1 sale for $807,659 activity. 2,500 shares were bought by Dunn Micheal G., worth $63,842. Cooper Kathleen B had sold 9,760 shares worth $249,856 on Thursday, November 29. Another trade for 25,000 shares valued at $644,283 was made by CREEL MICHAEL A on Friday, November 2. Wilson Terrance Lane bought $25,750 worth of The Williams Companies, Inc. (NYSE:WMB) on Friday, November 2. On Tuesday, November 6 Zamarin Chad J. bought $64,218 worth of The Williams Companies, Inc. (NYSE:WMB) or 2,500 shares.

Among 24 analysts covering Williams Companies Inc. (NYSE:WMB), 19 have Buy rating, 0 Sell and 5 Hold. Therefore 79% are positive. Williams Companies Inc. had 70 analyst reports since July 23, 2015 according to SRatingsIntel. Jefferies maintained the stock with “Buy” rating in Monday, April 3 report. Citigroup maintained The Williams Companies, Inc. (NYSE:WMB) on Tuesday, August 2 with “Neutral” rating. The stock has “Overweight” rating by Barclays Capital on Tuesday, July 18. The rating was maintained by UBS on Friday, March 2 with “Buy”. The rating was downgraded by Howard Weil to “Sector Perform” on Tuesday, September 29. JP Morgan upgraded the stock to “Overweight” rating in Friday, March 9 report. On Thursday, September 29 the stock rating was initiated by Stephens with “Equal-Weight”. The firm has “Overweight” rating by Barclays Capital given on Wednesday, January 16. The firm has “Buy” rating by Jefferies given on Friday, June 16. The stock of The Williams Companies, Inc. (NYSE:WMB) earned “Hold” rating by Scotia Capital on Friday, April 28.

More notable recent The Williams Companies, Inc. (NYSE:WMB) news were published by: Seekingalpha.com which released: “Williams, Targa unveil new NGL agreements, option for Mont Belvieu JV – Seeking Alpha” on February 13, 2019, also Streetinsider.com with their article: “Williams Cos. (WMB) Misses Q4 EPS by 5c – StreetInsider.com” published on February 13, 2019, Seekingalpha.com published: “Transco expansion project wins environmental OK from FERC – Seeking Alpha” on January 29, 2019. More interesting news about The Williams Companies, Inc. (NYSE:WMB) were released by: Seekingalpha.com and their article: “Williams Q4 2018 Earnings Preview – Seeking Alpha” published on February 12, 2019 as well as Seekingalpha.com‘s news article titled: “Williams points to Atlantic Sunrise for higher Q4 volumes, revenues – Seeking Alpha” with publication date: February 14, 2019.

Investors sentiment increased to 3.56 in 2018 Q3. Its up 2.30, from 1.26 in 2018Q2. It increased, as 27 investors sold WMB shares while 100 reduced holdings. 131 funds opened positions while 321 raised stakes. 2.12 billion shares or 205.40% more from 693.72 million shares in 2018Q2 were reported. 17,833 are owned by Stratos Wealth Prtnrs Limited. Fairfield Bush & Company invested 0.06% in The Williams Companies, Inc. (NYSE:WMB). Mackenzie Corp stated it has 0.07% of its portfolio in The Williams Companies, Inc. (NYSE:WMB). Advsrs Asset Mngmt invested in 0.32% or 711,476 shares. Wespac Advsrs Ltd Liability has 0.13% invested in The Williams Companies, Inc. (NYSE:WMB) for 8,406 shares. Natixis Advisors Limited Partnership holds 0.03% of its portfolio in The Williams Companies, Inc. (NYSE:WMB) for 145,769 shares. Adell Harriman Carpenter holds 0% or 32,233 shares in its portfolio. Hanson Doremus Invest Mngmt reported 0.01% stake. Qci Asset Mngmt Inc Ny holds 0.02% or 6,325 shares in its portfolio. Moreover, First Quadrant LP Ca has 0.01% invested in The Williams Companies, Inc. (NYSE:WMB) for 13,410 shares. Destination Wealth reported 3,310 shares or 0.01% of all its holdings. Public Sector Pension Investment Board holds 0.01% in The Williams Companies, Inc. (NYSE:WMB) or 56,761 shares. Liberty Mutual Grp Asset Management Inc owns 33,084 shares or 0.02% of their US portfolio. Cadence Mngmt Limited Liability Corporation stated it has 1.32% of its portfolio in The Williams Companies, Inc. (NYSE:WMB). California-based Everett Harris & Com Ca has invested 0.01% in The Williams Companies, Inc. (NYSE:WMB).

Patten & Patten Inc, which manages about $1.33B and $1.01 billion US Long portfolio, decreased its stake in Masco Corp. (NYSE:MAS) by 15,498 shares to 63,810 shares, valued at $2.34M in 2018Q3, according to the filing. It also reduced its holding in Alcoa Corp. by 12,770 shares in the quarter, leaving it with 66,523 shares, and cut its stake in Weyerhaeuser Co. (NYSE:WY).

Among 33 analysts covering BP (NYSE:BP), 25 have Buy rating, 2 Sell and 6 Hold. Therefore 76% are positive. BP had 67 analyst reports since July 24, 2015 according to SRatingsIntel. JP Morgan maintained the shares of BP in report on Wednesday, July 29 with “Overweight” rating. Deutsche Bank upgraded the stock to “Buy” rating in Wednesday, April 5 report. The rating was downgraded by Kepler Cheuvreux to “Reduce” on Friday, June 30. The firm earned “Buy” rating on Tuesday, September 15 by Liberum Capital. The stock of BP p.l.c. (NYSE:BP) earned “Neutral” rating by Nomura on Friday, March 18. Piper Jaffray maintained BP p.l.c. (NYSE:BP) on Sunday, April 22 with “Buy” rating. The rating was upgraded by Bernstein on Thursday, September 10 to “Outperform”. On Tuesday, December 15 the stock rating was initiated by Credit Agricole with “Buy”. On Tuesday, January 23 the stock rating was maintained by Piper Jaffray with “Buy”. As per Friday, August 4, the company rating was upgraded by Piper Jaffray.

The Williams Companies, Inc. (NYSE:WMB) Institutional Positions Chart

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