Williams Partners LP (WPZ) : Chicago Partners Investment Group reduced its stake in Williams Partners LP by 2.0% during the most recent quarter end. The investment management company now holds a total of 108,615 shares of Williams Partners LP which is valued at $3,821,076 after selling 2,216 shares in Williams Partners LP , the firm said in a disclosure report filed with the SEC on Aug 8, 2016.Williams Partners LP makes up approximately 1.78% of Chicago Partners Investment Group’s portfolio.
Other Hedge Funds, Including , Blair William Coil reduced its stake in WPZ by selling 10,750 shares or 4.39% in the most recent quarter. The Hedge Fund company now holds 234,235 shares of WPZ which is valued at $8,240,387. Williams Partners LP makes up approx 0.07% of Blair William Coil’s portfolio.Hap Trading reduced its stake in WPZ by selling 28,382 shares or 43.15% in the most recent quarter. The Hedge Fund company now holds 37,391 shares of WPZ which is valued at $1,361,032. Williams Partners LP makes up approx 0.12% of Hap Trading’s portfolio.Stephens Inc Ar boosted its stake in WPZ in the latest quarter, The investment management firm added 325 additional shares and now holds a total of 26,135 shares of Williams Partners LP which is valued at $951,314. Williams Partners LP makes up approx 0.04% of Stephens Inc Ar’s portfolio.
Williams Partners LP opened for trading at $36.05 and hit $36.29 on the upside on Monday, eventually ending the session at $36.03, with a gain of 0.78% or 0.28 points. The heightened volatility saw the trading volume jump to 15,92,382 shares. Company has a market cap of $21,793 M.
Many Wall Street Analysts have commented on Williams Partners LP. Williams Partners LP was Downgraded by Raymond James to ” Mkt Perform” on Aug 3, 2016. Williams Partners LP was Downgraded by Jefferies to ” Hold” on Jul 25, 2016. Williams Partners LP was Resumed by Citigroup to “Neutral” on Jul 22, 2016.
Williams Partners L.P. formerly Access Midstream Partners L.P. owns operates develops and acquires natural gas natural gas liquids (NGLs) and oil gathering systems and other midstream energy assets. The Companys business segments include Access Midstream Northeast G&P Atlantic-Gulf West and NGL & Petchem Services. The Access Midstream segment provides gathering treating and compression services to producers. The Northeast G&P segment includes natural gas gathering and processing and NGL fractionation businesses. Atlantic-Gulf segment includes its interstate natural gas pipeline Transcontinental Gas Pipeline Company LLC (Transco) and natural gas gathering and processing and crude oil production handling and transportation. The NGL & Petchem Services segment includes its 88.5% interest in an olefins production facility in Geismar Louisiana along with an RGP Splitter and various petrochemical and feedstock pipelines.