Harvest Fund Advisors Llc built an about 2.03% stake in Williams Partners L.P. (WPZ)

Williams Partners L.P. (NYSE:WPZ) is now up 26.73% compared to a 12-month low of $32.74. We have seen the price to move 7.99% higher and get settled at $41.49 on 05/17/2018. At recent session, it appeared stuck in a range of $39.4 to $41.5. This company shares are 7.5% off its target price of $44.6 and the current market capitalization stands at $39.73B. The recent change has given its price a 15.94% lead over SMA 50 and -5.83% deficit over its 52-week high. The stock witnessed 15.03% gains, 3.78% gains and 17.94% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found WPZ’s volatility during a week at 3.24% and during a month it has been found around 2.61%.

Williams Partners L.P. (WPZ) Top Holders

Institutional investors currently hold around $8.26 billion or 22.6% in WPZ stock. Look at its top three institutional owners. Harvest Fund Advisors Llc owns $806.85 million in Williams Partners L.P., which represents roughly 2.03% of the company’s market cap and approximately 9.77% of the institutional ownership. Similar statistics are true for the second largest owner, Alps Advisors Inc, which owns 19,995,500 shares of the stock are valued at $768.23 million. The third largest holder is Fmr Llc, which currently holds $723.05 million worth of this stock and that ownership represents nearly 1.82% of its market capitalization.

Williams Partners L.P. 13F Filings

At the end of 03/31/2018 reporting period, 135 institutional holders increased their position in Williams Partners L.P. (NYSE:WPZ) by some 18,713,064 shares, 146 decreased positions by 38,002,011 and 68 held positions by 158,296,642. That puts total institutional holdings at 215,011,717 shares, according to SEC filings. The stock grabbed 36 new institutional investments totaling 2,016,345 shares while 38 institutional investors sold out their entire positions totaling 19,892,332 shares.

Williams Partners L.P. (NYSE:WPZ) Insider Trades

Multiple company employees have indulged in significant insider trading. Williams Partners L.P. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Senior Vice President – E&C Seldenrust John D has sold 6,770 shares of Williams Partners L.P. (WPZ) in trading session dated Dec. 21, 2017. These shares are worth $262,405 and were traded at $38.76 each. The SEC filing shows that Armstrong Alan S performed a purchase of 5,000 shares. The CEO added these shares by way of transaction on Nov. 15, 2017. The company’s shares were assimilated at $35 per share worth to an investment of some $175,000 on account of Armstrong Alan S.

Director, Austin H Brent, purchased 1,000 common shares of Williams Partners L.P. (WPZ) in the open market. In a transaction dated Sep. 22, 2017, the shares were bought at an average price of $38.66, giving away a sum of $38,660. After this purchase, 9,958 common shares of WPZ are directly owned by the insider, with total stake valued at $413,157.

In the transaction dated Sep. 12, 2016, the great number of shares disposed came courtesy the Senior Vice President – E&C; Seldenrust John D disposed a total of 9,023 shares at an average price of $37.67, amounting to approximately $339,896. The insider now directly owns 53,998 shares worth $2,240,377.

Williams Partners L.P. (WPZ) Analyst Guide

Several analysts have released their opinion on Williams Partners L.P. (NYSE:WPZ), with 11 analysts believing it is a strong buy. Whereas 2 of them predict the stock is a hold. Also, there are 2 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.37 average brokerage recommendation.

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