As Williams Companies (The) (WMB) Valuation Declined, Capital Guardian Trust Company Has Increased Holding by $9.21 Million; Merck & Co New (MRK) Shareholder Covington Investment Advisors Has Trimmed Its Position as Share Price Declined

April 22, 2018 - By Linda Rogers

The Williams Companies, Inc. (NYSE:WMB) Logo

Capital Guardian Trust Company increased its stake in Williams Companies Inc (The) (WMB) by 37.03% based on its latest 2017Q4 regulatory filing with the SEC. Capital Guardian Trust Company bought 306,924 shares as the company’s stock declined 17.02% with the market. The institutional investor held 1.14M shares of the public utilities company at the end of 2017Q4, valued at $34.63M, up from 828,876 at the end of the previous reported quarter. Capital Guardian Trust Company who had been investing in Williams Companies Inc (The) for a number of months, seems to be bullish on the $21.11 billion market cap company. The stock decreased 0.16% or $0.04 during the last trading session, reaching $25.51. About 5.21 million shares traded. The Williams Companies, Inc. (NYSE:WMB) has declined 12.25% since April 22, 2017 and is downtrending. It has underperformed by 23.80% the S&P500.

Covington Investment Advisors Inc decreased its stake in Merck & Co Inc New (MRK) by 76.08% based on its latest 2017Q4 regulatory filing with the SEC. Covington Investment Advisors Inc sold 36,210 shares as the company’s stock declined 4.63% with the market. The institutional investor held 11,384 shares of the health care company at the end of 2017Q4, valued at $641,000, down from 47,594 at the end of the previous reported quarter. Covington Investment Advisors Inc who had been investing in Merck & Co Inc New for a number of months, seems to be less bullish one the $158.41B market cap company. The stock increased 0.32% or $0.19 during the last trading session, reaching $58.83. About 9.65 million shares traded. Merck & Co., Inc. (NYSE:MRK) has declined 14.94% since April 22, 2017 and is downtrending. It has underperformed by 26.49% the S&P500.

Among 21 analysts covering Williams Companies Inc. (NYSE:WMB), 15 have Buy rating, 0 Sell and 6 Hold. Therefore 71% are positive. Williams Companies Inc. had 58 analyst reports since July 23, 2015 according to SRatingsIntel. Jefferies downgraded The Williams Companies, Inc. (NYSE:WMB) on Tuesday, January 10 to “Hold” rating. The firm has “Buy” rating by UBS given on Friday, March 2. The stock of The Williams Companies, Inc. (NYSE:WMB) has “Overweight” rating given on Friday, November 17 by Morgan Stanley. The rating was upgraded by Citigroup to “Buy” on Friday, April 7. Argus Research maintained the shares of WMB in report on Monday, August 22 with “Buy” rating. Jefferies downgraded the stock to “Hold” rating in Thursday, July 23 report. The stock has “Buy” rating by Jefferies on Friday, June 16. The firm earned “Equal-Weight” rating on Tuesday, April 17 by Barclays Capital. The firm has “Buy” rating given on Tuesday, August 2 by UBS. Howard Weil downgraded The Williams Companies, Inc. (NYSE:WMB) rating on Tuesday, September 29. Howard Weil has “Sector Perform” rating and $38 target.

Since January 11, 2018, it had 0 insider purchases, and 3 selling transactions for $1.06 million activity. The insider Scheel James E. sold $888,195. Shares for $56,566 were sold by Timmermans Ted T.

Investors sentiment decreased to 0.89 in 2017 Q4. Its down 0.30, from 1.19 in 2017Q3. It is negative, as 62 investors sold WMB shares while 221 reduced holdings. 66 funds opened positions while 185 raised stakes. 693.56 million shares or 0.89% more from 687.46 million shares in 2017Q3 were reported. Royal Bank Of Canada reported 474,278 shares stake. Apg Asset Mngmt Nv reported 0.06% in The Williams Companies, Inc. (NYSE:WMB). Prudential Financial invested in 1.26M shares. Nordea Inv Management Ab holds 47,339 shares or 0% of its portfolio. Bankshares Of Mellon holds 0.06% or 7.69M shares in its portfolio. Fdx Advsrs invested in 66,857 shares. Susquehanna Llp has 53,983 shares for 0% of their portfolio. Asset Advsrs Llc holds 2.97% or 116,110 shares in its portfolio. Voloridge Mngmt Limited Company reported 0.09% in The Williams Companies, Inc. (NYSE:WMB). Blair William And Company Il owns 47,063 shares. Rare Infra reported 3.33M shares. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Invest Management Corporation stated it has 110,400 shares. Rhumbline Advisers reported 1.45M shares or 0.09% of all its holdings. State Treasurer State Of Michigan holds 0.06% or 242,386 shares in its portfolio. Fjarde Ap has invested 0.07% in The Williams Companies, Inc. (NYSE:WMB).

Capital Guardian Trust Company, which manages about $7.06 billion US Long portfolio, decreased its stake in Exxon Mobil Corp (NYSE:XOM) by 60,948 shares to 34,929 shares, valued at $2.92 million in 2017Q4, according to the filing. It also reduced its holding in Ubs Group Ag (NYSE:UBS) by 942,452 shares in the quarter, leaving it with 3.09M shares, and cut its stake in Whirlpool Corp (NYSE:WHR).

Covington Investment Advisors Inc, which manages about $239.59 million and $292.13 million US Long portfolio, upped its stake in Ishares U S Etf Tr by 46,375 shares to 305,407 shares, valued at $8.07M in 2017Q4, according to the filing.

Investors sentiment decreased to 0.94 in 2017 Q4. Its down 0.12, from 1.06 in 2017Q3. It worsened, as 94 investors sold MRK shares while 631 reduced holdings. 123 funds opened positions while 558 raised stakes. 1.93 billion shares or 1.34% less from 1.96 billion shares in 2017Q3 were reported. The Ohio-based Private Trust Na has invested 0.69% in Merck & Co., Inc. (NYSE:MRK). Factory Mutual Insur holds 0.5% in Merck & Co., Inc. (NYSE:MRK) or 844,737 shares. Rowland & Inv Counsel Adv reported 45,845 shares. Bb&T Secs stated it has 0.83% in Merck & Co., Inc. (NYSE:MRK). Stewart Patten Limited Company holds 0.08% of its portfolio in Merck & Co., Inc. (NYSE:MRK) for 7,619 shares. Vigilant Capital Mgmt Limited Liability holds 0.04% in Merck & Co., Inc. (NYSE:MRK) or 5,712 shares. Capital Invsts holds 1.09% in Merck & Co., Inc. (NYSE:MRK) or 89.65M shares. Kamunting Street Capital Mngmt LP reported 88,000 shares or 3.52% of all its holdings. 7,727 were reported by Genesee Valley Trust. 298,120 were reported by Waters Parkerson And Limited Liability. Hudson Valley Investment Advsrs Adv holds 40,101 shares. Intrust Bancshares Na reported 27,290 shares stake. Cliftonlarsonallen Wealth Advsr Lc has 0.17% invested in Merck & Co., Inc. (NYSE:MRK). 15,375 are held by Navellier And Assocs. Lord Abbett Limited Liability invested in 0.23% or 1.45M shares.

Analysts await Merck & Co., Inc. (NYSE:MRK) to report earnings on May, 1 before the open. They expect $0.99 EPS, up 12.50% or $0.11 from last year’s $0.88 per share. MRK’s profit will be $2.67 billion for 14.86 P/E if the $0.99 EPS becomes a reality. After $0.98 actual EPS reported by Merck & Co., Inc. for the previous quarter, Wall Street now forecasts 1.02% EPS growth.

Among 24 analysts covering Merck & Co. Inc. (NYSE:MRK), 20 have Buy rating, 0 Sell and 4 Hold. Therefore 83% are positive. Merck & Co. Inc. had 88 analyst reports since August 13, 2015 according to SRatingsIntel. The firm has “Overweight” rating by Piper Jaffray given on Thursday, January 12. The firm earned “Outperform” rating on Monday, February 5 by Credit Suisse. The rating was initiated by Societe Generale with “Buy” on Wednesday, April 6. BMO Capital Markets maintained the shares of MRK in report on Friday, July 28 with “Buy” rating. The stock of Merck & Co., Inc. (NYSE:MRK) has “Buy” rating given on Tuesday, June 6 by BMO Capital Markets. SunTrust upgraded the stock to “Buy” rating in Tuesday, January 16 report. The firm has “Overweight” rating by JP Morgan given on Monday, September 21. Credit Suisse maintained Merck & Co., Inc. (NYSE:MRK) on Friday, September 8 with “Outperform” rating. Barclays Capital downgraded Merck & Co., Inc. (NYSE:MRK) on Monday, October 30 to “Equal-Weight” rating. The rating was maintained by Jefferies on Friday, April 13 with “Hold”.

Merck & Co., Inc. (NYSE:MRK) Institutional Positions Chart

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