Somewhat Positive Press Coverage Somewhat Unlikely to Impact Williams Partners (WPZ) Stock Price

News headlines about Williams Partners (NYSE:WPZ) have been trending somewhat positive recently, AlphaOne reports. The research firm, a service of Accern, rates the sentiment of press coverage by monitoring more than 20 million blog and news sources. AlphaOne ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Williams Partners earned a coverage optimism score of 0.21 on AlphaOne’s scale. AlphaOne also gave news stories about the pipeline company an impact score of 42 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

These are some of the media headlines that may have effected AlphaOne Sentiment’s scoring:

A number of analysts have recently issued reports on the stock. Credit Suisse Group AG upgraded shares of Williams Partners from a “neutral” rating to an “outperform” rating and lifted their price objective for the company from $45.00 to $47.00 in a report on Friday, May 12th. BMO Capital Markets set a $47.00 price objective on shares of Williams Partners and gave the company a “buy” rating in a report on Tuesday, May 2nd. Citigroup Inc raised shares of Williams Partners from a “neutral” rating to a “buy” rating and raised their target price for the company from $41.00 to $46.00 in a research note on Friday, April 7th. Royal Bank of Canada reissued a “hold” rating and issued a $43.00 target price on shares of Williams Partners in a research note on Friday, March 24th. Finally, Deutsche Bank AG initiated coverage on shares of Williams Partners in a research note on Friday, February 10th. They issued a “buy” rating and a $47.00 target price for the company. Seven investment analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company. Williams Partners has an average rating of “Buy” and an average price target of $42.40.

Shares of Williams Partners (NYSE:WPZ) traded up 0.27% on Friday, reaching $40.44. The company’s stock had a trading volume of 623,736 shares. Williams Partners has a 12 month low of $30.49 and a 12 month high of $42.32. The stock has a market cap of $38.64 billion, a P/E ratio of 40.60 and a beta of 1.48. The firm’s 50-day moving average price is $41.03 and its 200-day moving average price is $39.00.

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 12th. Shareholders of record on Friday, May 5th were issued a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 5.93%. The ex-dividend date of this dividend was Wednesday, May 3rd. Williams Partners’s dividend payout ratio is currently -115.65%.

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Williams Partners Company 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, and Natural gas liquid (NGL) & Petchem Services segments.

12 Month Chart for NYSE:WPZ

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