Ownership Action Report: Access Midstream Partners LP (NYSE:WPZ) Institutional Investor Sentiment Analysis

November 22, 2016 - By Clifton Ray   ·   0 Comments

Ownership Action Report: Access Midstream Partners LP (NYSE:WPZ) Institutional Investor Sentiment Analysis

Sentiment for Access Midstream Partners LP (NYSE:WPZ)

Access Midstream Partners LP (NYSE:WPZ) institutional sentiment increased to 1.28 in 2016 Q2. Its up 0.28, from 1 in 2016Q1. The ratio improved, as 95 hedge funds started new and increased equity positions, while 95 cut down and sold holdings in Access Midstream Partners LP. The hedge funds in our partner’s database now hold: 172.69 million shares, down from 188.72 million shares in 2016Q1. Also, the number of hedge funds holding Access Midstream Partners LP in their top 10 equity positions increased from 8 to 13 for an increase of 5. Sold All: 23 Reduced: 72 Increased: 48 New Position: 47.

Williams Partners L.P., formerly Access Midstream Partners, L.P, is an energy infrastructure master limited partnership with activities across the natural gas value chain. The company has a market cap of $23.63 billion. The Company’s divisions include Central, Northeast G&P, Atlantic-Gulf, West, and NGL & Petchem Services. It currently has negative earnings. The Company’s Central segment provides domestic gathering, treating, and compression services to producers under long-term, fixed fee contracts.

The stock increased 2.81% or $1.02 on November 21, hitting $37.36. Williams Partners LP (NYSE:WPZ) has risen 33.91% since April 20, 2016 and is uptrending. It has outperformed by 29.35% the S&P500.

According to Zacks Investment Research, “Williams Partners L.P. is a master limited partnership. The company is engaged in gathering, processing, transportation and storage of natural gas and natural gas liquids. It operates primarily in U.S. and Canada. Williams Partners L.P., formerly known as Access Midstream Partners, L.P., is headquartered in Oklahoma City.”

Williams Partners LP (NYSE:WPZ) Ratings Coverage

Ratings analysis reveals 57% of Williams Partners LP’s analysts are positive. Out of 14 Wall Street analysts rating Williams Partners LP, 8 give it “Buy”, 0 “Sell” rating, while 6 recommend “Hold”. The lowest target is $24 while the high is $54. The stock’s average target of $36.22 is -3.05% below today’s ($37.36) share price. WPZ was included in 24 notes of analysts from September 11, 2015. As per Friday, May 6, the company rating was upgraded by Raymond James. The rating was upgraded by Ladenburg Thalmann on Tuesday, November 3 to “Buy”. Jefferies maintained Williams Partners LP (NYSE:WPZ) rating on Wednesday, June 8. Jefferies has “Buy” rating and $40 price target. As per Friday, July 22, the company rating was reinitiated by Citigroup. The stock has “Overweight” rating given by US Capital Advisors on Friday, April 8. The company was initiated on Wednesday, October 21 by Evercore. On Thursday, June 30 the stock rating was maintained by RBC Capital Markets with “Sector Perform”. The stock of Williams Partners LP (NYSE:WPZ) earned “Overweight” rating by Stephens on Thursday, September 29. UBS maintained the stock with “Buy” rating in Tuesday, August 2 report. The firm has “Neutral” rating given on Friday, August 12 by Citigroup.

WPZ Company Profile

Williams Partners L.P., formerly Access Midstream Partners, L.P, incorporated on January 21, 2010, is an energy infrastructure master limited partnership with activities across the natural gas value chain from gathering, processing and interstate transportation of natural gas and natural gas liquids to petchem production of ethylene, propylene and other olefins. The Company’s operating divisions include Central, Northeast G&P, Atlantic-Gulf, West, and NGL & Petchem Services. The Firm is focused on connecting North America’s hydrocarbon resource plays to growing markets for natural gas, natural gas liquids (NGLs) and olefins through its gas pipeline and midstream businesses. The Company’s activities are located principally in the United States, but span from the deepwater Gulf of Mexico to the Canadian oil sands.

More news for Williams Partners LP (NYSE:WPZ) were recently published by: Seekingalpha.com, which released: “Williams Partners: Distribution Is Getting Safer” on November 21, 2016. Wsj.com‘s article titled: “Williams, Williams Partners Swing to Profit” and published on October 31, 2016 is yet another important article.

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By Clifton Ray


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