Ladenburg Thalmann Financial Services Inc. Boosts Position in Williams Partners LP (WPZ)

Ladenburg Thalmann Financial Services Inc. boosted its stake in shares of Williams Partners LP (NYSE:WPZ) by 2.6% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 55,263 shares of the pipeline company’s stock after buying an additional 1,413 shares during the quarter. Ladenburg Thalmann Financial Services Inc.’s holdings in Williams Partners were worth $2,144,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of WPZ. Harvest Fund Advisors LLC grew its position in Williams Partners by 32.5% during the third quarter. Harvest Fund Advisors LLC now owns 18,102,427 shares of the pipeline company’s stock valued at $704,184,000 after buying an additional 4,436,790 shares during the period. JPMorgan Chase & Co. grew its position in Williams Partners by 38.2% during the third quarter. JPMorgan Chase & Co. now owns 5,489,436 shares of the pipeline company’s stock valued at $212,990,000 after buying an additional 1,515,965 shares during the period. Alps Advisors Inc. lifted its holdings in Williams Partners by 2.5% during the fourth quarter. Alps Advisors Inc. now owns 21,071,970 shares of the pipeline company’s stock valued at $817,171,000 after purchasing an additional 512,649 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its holdings in Williams Partners by 15.3% during the third quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 3,636,305 shares of the pipeline company’s stock valued at $141,452,000 after purchasing an additional 482,557 shares during the last quarter. Finally, Trust Asset Management LLC lifted its holdings in Williams Partners by 104.4% during the fourth quarter. Trust Asset Management LLC now owns 783,356 shares of the pipeline company’s stock valued at $30,379,000 after purchasing an additional 400,112 shares during the last quarter. Institutional investors own 22.10% of the company’s stock.

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Several equities research analysts have commented on WPZ shares. Zacks Investment Research downgraded shares of Williams Partners from a “hold” rating to a “sell” rating in a report on Monday, February 19th. Stifel Nicolaus set a $45.00 price objective on shares of Williams Partners and gave the company a “buy” rating in a report on Friday, December 1st. Jefferies Group reaffirmed a “buy” rating and set a $45.00 price objective on shares of Williams Partners in a report on Wednesday, December 20th. US Capital Advisors raised shares of Williams Partners from a “hold” rating to a “buy” rating in a report on Thursday, January 4th. Finally, Royal Bank of Canada reaffirmed a “hold” rating and set a $47.00 price objective on shares of Williams Partners in a report on Tuesday, January 16th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and ten have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $46.26.

Shares of WPZ stock opened at $34.92 on Friday. Williams Partners LP has a fifty-two week low of $32.74 and a fifty-two week high of $44.06. The stock has a market cap of $34,460.06, a PE ratio of 21.15 and a beta of 1.48. The company has a debt-to-equity ratio of 0.68, a current ratio of 0.87 and a quick ratio of 0.83.

Williams Partners (NYSE:WPZ) last announced its quarterly earnings results on Wednesday, February 14th. The pipeline company reported $0.39 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.05). Williams Partners had a return on equity of 6.43% and a net margin of 10.87%. The firm had revenue of $2.22 billion during the quarter, compared to analysts’ expectations of $2.16 billion. research analysts predict that Williams Partners LP will post 1.81 EPS for the current year.

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Williams Partners Profile

Williams Partners L.P. is an energy infrastructure company. The Company has operations 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. It operates through its Northeast G&P, Atlantic-Gulf, West segment.

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Institutional Ownership by Quarter for Williams Partners (NYSE:WPZ)

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