Williams Partners L.P. (NYSE:WPZ) traded up 3.1% during mid-day trading on Thursday . The company traded as high as $36.81 and last traded at $36.68, with a volume of 399,080 shares trading hands. The stock had previously closed at $35.56.

A number of equities research analysts have issued reports on the stock. BMO Capital Markets restated a “hold” rating and set a $26.00 price target on shares of Williams Partners L.P. in a report on Thursday, July 7th. Royal Bank Of Canada decreased their price target on shares of Williams Partners L.P. from $54.00 to $38.00 and set a “sector perform” rating for the company in a report on Thursday, June 30th. Zacks Investment Research cut shares of Williams Partners L.P. from a “hold” rating to a “strong sell” rating in a report on Saturday, June 11th. TheStreet upgraded shares of Williams Partners L.P. from a “sell” rating to a “hold” rating in a research note on Thursday, June 9th. Finally, Jefferies Group reiterated a “buy” rating and issued a $40.00 target price (up previously from $39.00) on shares of Williams Partners L.P. in a research note on Wednesday, June 8th. One analyst has rated the stock with a sell rating, six have issued a hold rating and seven have given a buy rating to the stock. Williams Partners L.P. has a consensus rating of “Hold” and an average price target of $38.25.

The firm has a 50 day moving average of $34.05 and a 200-day moving average of $25.55. The stock’s market capitalization is $21.63 billion.

A number of hedge funds and institutional investors recently made changes to their positions in the stock. Penserra Capital Management LLC bought a new position in shares of Williams Partners L.P. during the fourth quarter worth approximately $1,128,000. Liberty Mutual Group Asset Management Inc. raised its position in shares of Williams Partners L.P. by 23.2% in the fourth quarter. Liberty Mutual Group Asset Management Inc. now owns 86,415 shares of the company’s stock worth $2,407,000 after buying an additional 16,261 shares during the period. Jennison Associates LLC raised its position in shares of Williams Partners L.P. by 20.3% in the fourth quarter. Jennison Associates LLC now owns 89,192 shares of the company’s stock worth $2,484,000 after buying an additional 15,075 shares during the period. Green Square Capital LLC raised its position in shares of Williams Partners L.P. by 3.0% in the fourth quarter. Green Square Capital LLC now owns 170,355 shares of the company’s stock worth $4,744,000 after buying an additional 5,012 shares during the period. Finally, First Trust Advisors LP bought a new position in shares of Williams Partners L.P. during the fourth quarter worth approximately $8,784,000.

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 Company’s business segments include Access Midstream, Northeast G&P, Atlantic-Gulf, West and NGL & Petchem Services.

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