Positive News Coverage Somewhat Unlikely to Affect Williams Partners (WPZ) Share Price

Headlines about Williams Partners (NYSE:WPZ) have trended positive recently, Accern reports. Accern ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Williams Partners earned a daily sentiment score of 0.31 on Accern’s scale. Accern also assigned news headlines about the pipeline company an impact score of 46.0828262407458 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

Here are some of the news headlines that may have impacted Accern Sentiment’s analysis:

WPZ has been the subject of several recent research reports. BidaskClub downgraded Williams Partners from a “sell” rating to a “strong sell” rating in a research note on Friday, October 20th. Wells Fargo & Co reduced their price target on Williams Partners from $49.00 to $45.00 and set an “outperform” rating for the company in a research note on Tuesday, October 10th. Stifel Nicolaus set a $45.00 price target on Williams Partners and gave the company a “buy” rating in a research note on Friday, December 1st. Jefferies Group reiterated a “buy” rating and set a $45.00 target price on shares of Williams Partners in a research report on Wednesday, December 20th. Finally, BMO Capital Markets set a $47.00 target price on Williams Partners and gave the company a “buy” rating in a research report on Friday, October 13th. One research analyst has rated the stock with a sell rating, three have issued a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $45.15.

Williams Partners (WPZ) traded down $0.20 during trading on Thursday, hitting $38.73. The stock had a trading volume of 636,400 shares, compared to its average volume of 1,206,784. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.06 and a quick ratio of 0.99. Williams Partners has a 12 month low of $34.74 and a 12 month high of $42.32. The firm has a market cap of $37,760.00, a PE ratio of 27.66, a P/E/G ratio of 2.87 and a beta of 1.45.

In other Williams Partners news, insider John D. Seldenrust sold 6,770 shares of the company’s stock in a transaction dated Thursday, December 21st. The stock was sold at an average price of $38.76, for a total value of $262,405.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Alan S. Armstrong bought 5,000 shares of the stock in a transaction on Wednesday, November 15th. The stock was purchased at an average cost of $35.00 per share, with a total value of $175,000.00. The disclosure for this purchase can be found here.

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About Williams Partners

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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