Whetstone Capital Advisors Trimmed Its Williams Cos Del (WMB) Position; Ak Steel Holding (AKS) Sentiment Is 1.5

June 19, 2017 - By Clifton Ray

Whetstone Capital Advisors Llc decreased Williams Cos Inc Del (WMB) stake by 60.11% reported in 2016Q4 SEC filing. Whetstone Capital Advisors Llc sold 406,733 shares as Williams Cos Inc Del (WMB)’s stock rose 7.09%. The Whetstone Capital Advisors Llc holds 269,867 shares with $8.40 million value, down from 676,600 last quarter. Williams Cos Inc Del now has $24.51B valuation. The stock declined 1.05% or $0.3 reaching $28.83 per share. About 291,819 shares traded. Williams Companies Inc (NYSE:WMB) has risen 40.20% since June 19, 2016 and is uptrending. It has outperformed by 23.50% the S&P500.

AK Steel Holding Corporation is a producer of flat-rolled carbon, stainless and electrical steels, and tubular products through its subsidiary, AK Steel Corporation . The company has market cap of $1.94 billion. The Firm also operates blast furnaces and electric arc furnaces. It has a 23.29 P/E ratio. As of December 31, 2016, its activities included eight steelmaking and finishing plants, two coke plants and two tube manufacturing plants across states, including Indiana, Kentucky, Michigan, Ohio, Pennsylvania and West Virginia, and a tube manufacturing plant in Mexico.

About 4.80 million shares traded. AK Steel Holding Corporation (AKS) has risen 58.12% since June 19, 2016 and is uptrending. It has outperformed by 41.42% the S&P500.

Merriman Wealth Management Llc holds 8.39% of its portfolio in AK Steel Holding Corporation for 3.01 million shares. D.C. Capital Advisors Ltd owns 1.00 million shares or 6.13% of their US portfolio. Moreover, Sanctuary Wealth Advisors Llc has 2.89% invested in the company for 318,892 shares. The New York-based Marketfield Asset Management Llc has invested 2.73% in the stock. 3G Capital Partners Lp, a New York-based fund reported 1.50 million shares.

Ratings analysis reveals 36% of AK Steel’s analysts are positive. Out of 11 Wall Street analysts rating AK Steel, 4 give it “Buy”, 1 “Sell” rating, while 6 recommend “Hold”. The lowest target is $5.4 while the high is $8.0. The stock’s average target of $6.47 is 3.35% above today’s ($6.26) share price. AKS was included in 11 notes of analysts from August 19, 2016. The firm has “Market Perform” rating given on Wednesday, October 26 by Cowen & Co. Credit Suisse downgraded the stock to “Neutral” rating in Thursday, January 12 report. The firm has “Buy” rating by Bank of America given on Wednesday, October 26. The company was upgraded on Friday, October 28 by Jefferies. Deutsche Bank upgraded AK Steel Holding Corporation (NYSE:AKS) on Monday, October 3 to “Hold” rating. On Monday, August 22 the stock rating was initiated by Rosenblatt with “Buy”. The rating was downgraded by Macquarie Research to “Neutral” on Tuesday, November 29. Morgan Stanley upgraded AK Steel Holding Corporation (NYSE:AKS) on Monday, November 14 to “Overweight” rating. The rating was downgraded by KeyBanc Capital Markets to “Underweight” on Friday, August 19. JP Morgan downgraded AK Steel Holding Corporation (NYSE:AKS) on Wednesday, January 25 to “Neutral” rating.

Analysts await AK Steel Holding Corporation (NYSE:AKS) to report earnings on July, 25. They expect $0.15 EPS, up 87.50% or $0.07 from last year’s $0.08 per share. AKS’s profit will be $46.49 million for 10.43 P/E if the $0.15 EPS becomes a reality. After $0.19 actual EPS reported by AK Steel Holding Corporation for the previous quarter, Wall Street now forecasts -21.05% negative EPS growth.

Since May 10, 2017, it had 2 insider purchases, and 3 selling transactions for $2.42 million activity. Cogut Charles I also bought $30,635 worth of Williams Companies Inc (NYSE:WMB) shares. Another trade for 10,000 shares valued at $305,659 was sold by Ewing Robyn L. ARMSTRONG ALAN S had bought 15,000 shares worth $429,000 on Thursday, June 15. On Tuesday, May 16 the insider Timmermans Ted T sold $30,725.

Among 17 analysts covering Williams Companies Inc. (NYSE:WMB), 11 have Buy rating, 0 Sell and 6 Hold. Therefore 65% are positive. Williams Companies Inc. had 34 analyst reports since July 23, 2015 according to SRatingsIntel. The stock has “Market Perform” rating by Wells Fargo on Thursday, September 10. Citigroup reinitiated the stock with “Neutral” rating in Friday, July 22 report. The stock of Williams Companies Inc (NYSE:WMB) has “Buy” rating given on Monday, August 22 by Argus Research. Bernstein initiated it with “Outperform” rating and $25 target in Wednesday, May 11 report. The stock of Williams Companies Inc (NYSE:WMB) has “Buy” rating given on Friday, December 18 by Jefferies. Evercore maintained the stock with “Buy” rating in Tuesday, August 2 report. Morgan Stanley upgraded the shares of WMB in report on Monday, December 19 to “Overweight” rating. The stock has “Neutral” rating by Citigroup on Tuesday, August 2. As per Wednesday, July 13, the company rating was maintained by Goldman Sachs. The rating was downgraded by Barclays Capital on Wednesday, January 11 to “Equal-Weight”.

Whetstone Capital Advisors Llc increased Columbia Pipeline Partners L stake by 131,800 shares to 655,488 valued at $11.24M in 2016Q4. It also upped Pros Holdings Inc (NYSE:PRO) stake by 164,825 shares and now owns 448,582 shares. Penntex Midstream Partners L was raised too.

Investors sentiment decreased to 1.08 in Q4 2016. Its down 0.03, from 1.11 in 2016Q3. It is negative, as 48 investors sold WMB shares while 217 reduced holdings. 87 funds opened positions while 199 raised stakes. 622.74 million shares or 0.48% less from 625.76 million shares in 2016Q3 were reported. Princeton Strategies Gru Limited Co reported 0.14% of its portfolio in Williams Companies Inc (NYSE:WMB). Rhumbline Advisers has invested 0.09% of its portfolio in Williams Companies Inc (NYSE:WMB). Prudential Public Limited Liability Corporation holds 0% in Williams Companies Inc (NYSE:WMB) or 6,583 shares. 45,166 are held by Virtus Advisers Inc. Grassi has 121,100 shares. Oppenheimer Inc holds 0.07% or 81,826 shares. Cmt Asset Ltd reported 0.05% in Williams Companies Inc (NYSE:WMB). Federated Pa holds 0% of its portfolio in Williams Companies Inc (NYSE:WMB) for 29,229 shares. Renaissance Techs Limited Liability Company reported 2.38M shares. 220,194 are owned by Horizon Kinetics Limited Liability Corp. Coldstream Cap reported 0.11% stake. Hightower Ltd Liability Com holds 0.06% in Williams Companies Inc (NYSE:WMB) or 164,672 shares. Robertson Opportunity Cap Ltd Liability Com holds 5.63% of its portfolio in Williams Companies Inc (NYSE:WMB) for 273,700 shares. Hudson Bay Capital Management LP holds 0.5% in Williams Companies Inc (NYSE:WMB) or 769,400 shares. Godshalk Welsh Mgmt reported 7,450 shares.

Analysts await Williams Companies Inc (NYSE:WMB) to report earnings on August, 7. They expect $0.16 earnings per share, down 15.79% or $0.03 from last year’s $0.19 per share. WMB’s profit will be $136.02 million for 45.05 P/E if the $0.16 EPS becomes a reality. After $0.14 actual earnings per share reported by Williams Companies Inc for the previous quarter, Wall Street now forecasts 14.29% EPS growth.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.



Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: