Shares of Williams Partners LP (NYSE:WPZ) Sees Large Inflow of Net Money Flow

Williams Partners LP (NYSE:WPZ) traded with a cut of -0.86 points or -2.6% at $32.27 per share. As per the last available information, the stock aggregated $7.41 million in upticks and $5.52 million in downticks, keeping the net money flow capped at $1.9 million. The up/down ratio was found to be 1.34. For the week, the shares have seen a change of -4.24% in the share price.A block trade of $3.19 million in upticks and $2.09 million in downticks also took place during the day. The up/down ratio for the block stood at 1.53. The net money flow for this transaction was $1.1 million.


Institutional Investors own 35.89% of Williams Partners LP shares. On the companys insider trading activities, Armstrong Alan S, CEO of Williams Partners L.P., executed a transaction worth $315,750 on December 7, 2015. A total of 15,000 shares were purchased at an average price of $21.05. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.

Williams Partners LP (NYSE:WPZ) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.58 points or 1.75% at $32.55 with 2,067,336 shares getting traded. Post opening the session at $32.49, the shares hit an intraday low of $32.04 and an intraday high of $32.95 and the price was in this range throughout the day. The company has a market cap of $19,659 million and the number of outstanding shares have been calculated to be 603,956,520 shares. The 52-week high of Williams Partners LP (NYSE:WPZ) is $54.3 and the 52-week low is $12.69.

Many analysts have stated their opinion on the company shares. Equity Analysts at the Jefferies maintains the rating on Williams Partners LP (NYSE:WPZ). The brokerage firm has issued a Buy rating on the shares. The Analysts at the ratings agency raises the price target from $39 per share to $40 per share. The rating by the firm was issued on June 8, 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.

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