Williams Partners (WPZ) Gets Barclays Lower Rating; Vale SA (VALE) Sellers Increased By 0.98% Their Shorts

January 17, 2018 - By Jerrie Dane

Vale SA (NYSE:VALE) had an increase of 0.98% in short interest. VALE’s SI was 94.25 million shares in January as released by FINRA. Its up 0.98% from 93.34 million shares previously. With 26.34 million avg volume, 4 days are for Vale SA (NYSE:VALE)’s short sellers to cover VALE’s short positions. The SI to Vale SA’s float is 3%. The stock decreased 2.66% or $0.36 during the last trading session, reaching $13.17. About 40.82 million shares traded or 67.67% up from the average. Vale S.A. (NYSE:VALE) has risen 111.11% since January 17, 2017 and is uptrending. It has outperformed by 94.41% the S&P500.

Among 18 analysts covering Williams Partners LP (NYSE:WPZ), 16 have Buy rating, 0 Sell and 2 Hold. Therefore 89% are positive. Williams Partners LP has $54 highest and $24 lowest target. $40.83’s average target is -5.07% below currents $43.01 stock price. Williams Partners LP had 57 analyst reports since September 11, 2015 according to SRatingsIntel. The stock of Williams Partners L.P. (NYSE:WPZ) has “Outperform” rating given on Tuesday, October 10 by Wells Fargo. As per Wednesday, January 11, the company rating was upgraded by Wells Fargo. RBC Capital Markets maintained Williams Partners L.P. (NYSE:WPZ) rating on Sunday, October 15. RBC Capital Markets has “Hold” rating and $45.0 target. Bank of America reinitiated the stock with “Buy” rating in Friday, October 2 report. The stock of Williams Partners L.P. (NYSE:WPZ) earned “Buy” rating by BMO Capital Markets on Monday, November 13. Stifel Nicolaus maintained it with “Hold” rating and $37 target in Tuesday, November 1 report. Stifel Nicolaus maintained the stock with “Buy” rating in Tuesday, August 1 report. RBC Capital Markets maintained Williams Partners L.P. (NYSE:WPZ) on Tuesday, January 16 with “Hold” rating. The firm has “Buy” rating given on Wednesday, October 21 by Evercore. On Friday, May 12 the stock rating was upgraded by Credit Suisse to “Outperform”.

Williams Partners L.P. operates as an energy infrastructure company. The company has market cap of $41.88 billion. It operates through Central, Northeast G&P, Atlantic-Gulf, West, and NGL & Petchem Services divisions. It has a 28.85 P/E ratio. The Central segment provides gathering, treating, and compression services to producers in the Barnett shale region of north-central Texas, the Eagle Ford shale region of south Texas, the Haynesville shale region of northwest Louisiana, and the Mid-Continent region.

The stock decreased 0.42% or $0.18 during the last trading session, reaching $43.01. About 1.46 million shares traded or 8.36% up from the average. Williams Partners L.P. (NYSE:WPZ) has risen 28.83% since January 17, 2017 and is uptrending. It has outperformed by 12.13% the S&P500.

Analysts await Williams Partners L.P. (NYSE:WPZ) to report earnings on February, 21. They expect $0.41 earnings per share, up 70.83% or $0.17 from last year’s $0.24 per share. WPZ’s profit will be $399.27 million for 26.23 P/E if the $0.41 EPS becomes a reality. After $0.27 actual earnings per share reported by Williams Partners L.P. for the previous quarter, Wall Street now forecasts 51.85% EPS growth.