Williams Partners LP (WPZ) : Quinn Opportunity Partners reduced its stake in Williams Partners LP by 45.76% during the most recent quarter end. The investment management company now holds a total of 247,129 shares of Williams Partners LP which is valued at $8,834,862 after selling 208,473 shares in Williams Partners LP , the firm said in a disclosure report filed with the SEC on Aug 15, 2016.Williams Partners LP makes up approximately 3.19% of Quinn Opportunity Partners’s portfolio.
Other Hedge Funds, Including , Walleye Trading sold out all of its stake in WPZ during the most recent quarter. The investment firm sold 45,215 shares of WPZ which is valued $1,616,436.Hightower Advisors boosted its stake in WPZ in the latest quarter, The investment management firm added 3,699 additional shares and now holds a total of 144,052 shares of Williams Partners LP which is valued at $5,149,859. Williams Partners LP makes up approx 0.06% of Hightower Advisors’s portfolio. Acrospire Investment Management added WPZ to its portfolio by purchasing 300 company shares during the most recent quarter which is valued at $11,031. Williams Partners LP makes up approx 0.01% of Acrospire Investment Management’s portfolio.Oxbow Advisors reduced its stake in WPZ by selling 5,160 shares or 3.68% in the most recent quarter. The Hedge Fund company now holds 135,220 shares of WPZ which is valued at $4,989,618. Williams Partners LP makes up approx 0.70% of Oxbow Advisors’s portfolio.
Williams Partners LP closed down -0.23 points or -0.60% at $37.87 with 7,91,171 shares getting traded on Thursday. Post opening the session at $37.98, the shares hit an intraday low of $37.71 and an intraday high of $38.21 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.
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.