Williams Partners L.P. (NYSE:WPZ) announced a quarterly dividend on Monday, January 25th, Analyst Ratings.Net reports. Investors of record on Friday, February 5th will be given a dividend of 0.85 per share on Friday, February 12th. This represents a $3.40 dividend on an annualized basis and a dividend yield of 15.85%.

A number of equities research analysts recently weighed in on WPZ shares. Jefferies Group lowered their price target on Williams Partners L.P. to $39.00 in a report on Thursday, January 14th. Credit Suisse lowered their price target on Williams Partners L.P. from $61.00 to $42.00 in a report on Friday, October 30th. Evercore ISI began coverage on Williams Partners L.P. in a report on Wednesday, October 21st. They set a “buy” rating and a $38.00 target price on the stock. Ladenburg Thalmann upgraded Williams Partners L.P. from a “neutral” rating to a “buy” rating and set a $57.00 target price on the stock in a report on Tuesday, November 3rd. Finally, Zacks Investment Research upgraded Williams Partners L.P. from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 3rd. Eight research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $46.71.

Williams Partners L.P. (NYSE:WPZ) traded up 7.23% during midday trading on Monday, hitting $23.00. The stock had a trading volume of 3,187,371 shares. The stock’s market cap is $13.49 billion. Williams Partners L.P. has a one year low of $15.70 and a one year high of $59.44. The firm has a 50 day moving average price of $23.34 and a 200 day moving average price of $34.20.

Williams Partners L.P. (NYSE:WPZ) last released its quarterly earnings results on Wednesday, October 28th. The company reported ($0.23) earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.27 by $0.50. Equities analysts expect that Williams Partners L.P. will post $0.76 EPS for the current year.

Williams Partners L.P., formerly Access Midstream Partners, L.P., owns, operates, develops and acquires natural gas, natural gas liquids (NYSE:WPZ) 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. 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.

12 Month Chart for NYSE:WPZ

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