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Parr Mcknight Wealth Management Group LLC Sells 45,021 Shares of Williams Companies, Inc. (The) $WMB
Parr Mcknight Wealth Management Group LLC significantly reduced its stake in Williams Companies (NYSE:WMB) by 53.5%, selling 45,021 shares. Despite missing Q4 earnings per share estimates, Williams Companies exceeded revenue expectations and raised its quarterly dividend to $0.525 per share, yielding 2.9%. Analysts maintain a “Moderate Buy” rating with a target price of $75.36 for the natural gas infrastructure company.