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Williams Partners L.P. (NYSE:WPZ) declared a quarterly dividend on Monday, January 27th, Analyst Ratings Network.com reports. Investors of record on Thursday, February 6th will be given a dividend of 0.8925 per share on Thursday, February 13th. This represents a $3.57 dividend on an annualized basis and a yield of 7.04%.

A number of research firms have recently commented on WPZ. Analysts at Credit Suisse initiated coverage on shares of Williams Partners L.P. in a research note to investors on Tuesday, January 7th. They set a “neutral” rating and a $54.00 price target on the stock. On a related note, analysts at Merrill Lynch downgraded shares of Williams Partners L.P. to a “neutral” rating in a research note to investors on Friday, January 3rd. Finally, analysts at Bank of America Corp. downgraded shares of Williams Partners L.P. from a “buy” rating to a “neutral” rating in a research note to investors on Friday, January 3rd. Eleven analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $52.18.

Williams Partners L.P. (NYSE:WPZ) traded down 0.31% during mid-day trading on Monday, hitting $50.71. 482,403 shares of the company’s stock traded hands. Williams Partners L.P. has a 52-week low of $45.37 and a 52-week high of $54.66. The stock’s 50-day moving average is $49.81 and its 200-day moving average is $50.76. The company has a market cap of $22.243 billion and a P/E ratio of 18.04.

Williams Partners L.P. (NYSE:WPZ) last announced its earnings results on Wednesday, October 30th. The company reported $0.52 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.28 by $0.24. During the same quarter in the prior year, the company posted $0.38 earnings per share. Analysts expect that Williams Partners L.P. will post $1.67 EPS for the current fiscal year.

Williams Partners L.P. is a limited partnership formed by The Williams Companies, Inc (NYSE:WPZ).

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