News coverage about Williams Partners (NYSE:WPZ) has trended positive this week, Accern Sentiment reports. Accern ranks the sentiment of media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Williams Partners earned a news sentiment score of 0.32 on Accern’s scale. Accern also gave media coverage about the pipeline company an impact score of 46.261247238646 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Here are some of the news headlines that may have effected Accern Sentiment Analysis’s rankings:
Williams Partners (NYSE:WPZ) opened at $39.73 on Tuesday. The company has a current ratio of 1.06, a quick ratio of 0.99 and a debt-to-equity ratio of 0.65. Williams Partners has a 1-year low of $34.74 and a 1-year high of $44.06. The firm has a market cap of $37,501.84, a P/E ratio of 25.34, a price-to-earnings-growth ratio of 2.56 and a beta of 1.42.
The company also recently declared a quarterly dividend, which was paid on Friday, February 9th. Shareholders of record on Friday, February 2nd were issued a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 6.04%. The ex-dividend date was Thursday, February 1st. Williams Partners’s dividend payout ratio is currently 157.90%.
A number of analysts have weighed in on the stock. Jefferies Group restated a “buy” rating and set a $44.00 price objective on shares of Williams Partners in a research note on Monday, October 16th. US Capital Advisors upgraded shares of Williams Partners from a “hold” rating to a “buy” rating in a research note on Thursday, January 4th. Credit Suisse Group began coverage on shares of Williams Partners in a research note on Thursday, January 4th. They issued an “outperform” rating and a $48.00 price target for the company. Royal Bank of Canada reiterated a “hold” rating and issued a $47.00 price target on shares of Williams Partners in a research note on Tuesday, January 16th. Finally, Barclays lowered shares of Williams Partners from an “overweight” rating to an “equal weight” rating and reduced their price target for the stock from $47.00 to $45.00 in a research note on Wednesday, January 17th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and eight have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $45.90.
In related news, insider John D. Seldenrust sold 6,770 shares of the business’s stock in a transaction on Thursday, December 21st. The shares were 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 SEC, which is accessible through this link. Also, CEO Alan S. Armstrong purchased 5,000 shares of Williams Partners stock in a transaction that occurred on Wednesday, November 15th. The stock was acquired at an average price of $35.00 per share, for a total transaction of $175,000.00. The disclosure for this purchase can be found here.
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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 segment.
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