Columbus Hill Capital Management adds Williams Partners LP (WPZ) to its portfolio

Williams Partners LP (WPZ) : Columbus Hill Capital Management added new position in Williams Partners LP during the most recent quarter end. The investment management firm now holds 1,500,572 shares of Williams Partners LP which is valued at $45.3 Million , the company said in a statement filed on May 13, 2016 with the SEC.Williams Partners LP makes up approximately 12.38% of Columbus Hill Capital Management’s portfolio.

Other Hedge Funds, Including , Fayez Sarofim Co reduced its stake in WPZ by selling 4,243 shares or 5.05% in the most recent quarter. The Hedge Fund company now holds 79,718 shares of WPZ which is valued at $2.4 Million. Williams Partners LP makes up approx 0.01% of Fayez Sarofim Co’s portfolio.Group One Trading reduced its stake in WPZ by selling 3,170 shares or 5.36% in the most recent quarter. The Hedge Fund company now holds 56,000 shares of WPZ which is valued at $1.7 Million. Williams Partners LP makes up approx 0.19% of Group One Trading’s portfolio.Kayne Anderson Capital Advisors Lp reduced its stake in WPZ by selling 678,546 shares or 3.58% in the most recent quarter. The Hedge Fund company now holds 18,282,700 shares of WPZ which is valued at $552 Million. Williams Partners LP makes up approx 6.88% of Kayne Anderson Capital Advisors Lp’s portfolio. Cutter Co Brokerage sold out all of its stake in WPZ during the most recent quarter. The investment firm sold 23,210 shares of WPZ which is valued $648,023.Whittier Trust Co reduced its stake in WPZ by selling 4,345 shares or 88.91% in the most recent quarter. The Hedge Fund company now holds 542 shares of WPZ which is valued at $16,385.

Williams Partners LP opened for trading at $30.75 and hit $31.95 on the upside on Wednesday, eventually ending the session at $31.67, with a gain of 2.86% or 0.88 points. The heightened volatility saw the trading volume jump to 20,92,024 shares. Company has a market cap of $19,127 M.

Many Wall Street Analysts have commented on Williams Partners LP. Williams Partners LP was Upgraded by Raymond James to ” Outperform” on May 6, 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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