Williams Partners LP (WPZ) : Kayne Anderson Capital Advisors Lp reduced its stake in Williams Partners LP by 3.58% during the most recent quarter end. The investment management company now holds a total of 18,282,700 shares of Williams Partners LP which is valued at $551,954,713 after selling 678,546 shares in Williams Partners LP , the firm said in a disclosure report filed with the SEC on May 9, 2016.Williams Partners LP makes up approximately 6.88% of Kayne Anderson Capital Advisors Lp’s portfolio.
Other Hedge Funds, Including , Qci Asset Management Incny boosted its stake in WPZ in the latest quarter, The investment management firm added 600 additional shares and now holds a total of 875 shares of Williams Partners LP which is valued at $26,416.Yorkville Capital Management reduced its stake in WPZ by selling 57,164 shares or 52.08% in the most recent quarter. The Hedge Fund company now holds 52,588 shares of WPZ which is valued at $1,468,257. Williams Partners LP makes up approx 1.75% of Yorkville Capital Management’s portfolio. Terra Nova Asset Management sold out all of its stake in WPZ during the most recent quarter. The investment firm sold 10,765 shares of WPZ which is valued $300,559. Farmers Merchants Investments Inc sold out all of its stake in WPZ during the most recent quarter. The investment firm sold 400 shares of WPZ which is valued $11,168. Trust Co Of Vermont added WPZ to its portfolio by purchasing 606 company shares during the most recent quarter which is valued at $18,319.
Williams Partners LP opened for trading at $29.07 and hit $30.59 on the upside on Friday, eventually ending the session at $30.19, with a gain of 3.57% or 1.04 points. The heightened volatility saw the trading volume jump to 32,41,120 shares. Company has a market cap of $18,233 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 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.