Columbus Hill Capital Management buys $67,352,964 stake in Williams Partners LP (WPZ)

Williams Partners LP (WPZ) : Columbus Hill Capital Management scooped up 383,427 additional shares in Williams Partners LP during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 12, 2016. The investment management firm now holds a total of 1,883,999 shares of Williams Partners LP which is valued at $67,352,964.Williams Partners LP makes up approximately 7.45% of Columbus Hill Capital Management’s portfolio.

Other Hedge Funds, Including , Northeast Financial Consultants Inc reduced its stake in WPZ by selling 866 shares or 3.69% in the most recent quarter. The Hedge Fund company now holds 22,617 shares of WPZ which is valued at $808,558. Williams Partners LP makes up approx 0.36% of Northeast Financial Consultants Inc’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.Investors Capital Advisory Services reduced its stake in WPZ by selling 111 shares or 0.66% in the most recent quarter. The Hedge Fund company now holds 16,635 shares of WPZ which is valued at $613,832. Williams Partners LP makes up approx 0.12% of Investors Capital Advisory Services’s portfolio.

Williams Partners LP opened for trading at $36.95 and hit $37.6 on the upside on Monday, eventually ending the session at $37.42, with a gain of 0.94% or 0.35 points. The heightened volatility saw the trading volume jump to 9,30,343 shares. Company has a market cap of $22,634 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 Company’s 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.

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