WGL Holdings Inc. (NYSE:WGL) is set to release its Q416 earnings data on Wednesday, November 16th. Analysts expect WGL Holdings to post earnings of ($0.12) per share and revenue of $489.07 million for the quarter.

Earnings History for WGL Holdings (NYSE:WGL)

WGL Holdings Inc. (NYSE:WGL) opened at 62.78 on Tuesday. WGL Holdings Inc. has a 52 week low of $57.04 and a 52 week high of $74.10. The company has a market capitalization of $3.21 billion, a P/E ratio of 17.75 and a beta of 0.48. The company’s 50 day moving average price is $61.31 and its 200-day moving average price is $65.58.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, November 1st. Investors of record on Monday, October 10th were given a dividend of $0.4875 per share. This represents a $1.95 dividend on an annualized basis and a yield of 3.11%. The ex-dividend date of this dividend was Wednesday, October 5th. WGL Holdings’s payout ratio is currently 55.08%.

Separately, Zacks Investment Research raised WGL Holdings from a “sell” rating to a “hold” rating in a research report on Tuesday, August 9th. One equities research analyst has rated the stock with a sell rating and four have issued a hold rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $78.00.

Large investors have recently modified their holdings of the company. BlackRock Investment Management LLC increased its stake in shares of WGL Holdings by 8.3% in the second quarter. BlackRock Investment Management LLC now owns 330,860 shares of the company’s stock valued at $23,422,000 after buying an additional 25,285 shares in the last quarter. BlackRock Inc. increased its stake in shares of WGL Holdings by 31.0% in the second quarter. BlackRock Inc. now owns 126,516 shares of the company’s stock valued at $8,956,000 after buying an additional 29,935 shares in the last quarter. BlackRock Fund Advisors increased its stake in shares of WGL Holdings by 4.5% in the second quarter. BlackRock Fund Advisors now owns 2,610,490 shares of the company’s stock valued at $184,797,000 after buying an additional 113,106 shares in the last quarter. BlackRock Institutional Trust Company N.A. increased its stake in shares of WGL Holdings by 1.2% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 1,478,251 shares of the company’s stock valued at $104,645,000 after buying an additional 17,657 shares in the last quarter. Finally, Ameritas Investment Partners Inc. increased its stake in shares of WGL Holdings by 5.1% in the second quarter. Ameritas Investment Partners Inc. now owns 11,894 shares of the company’s stock valued at $842,000 after buying an additional 581 shares in the last quarter. 68.58% of the stock is owned by institutional investors and hedge funds.

About WGL Holdings

WGL Holdings, Inc (WGL Holdings), is a United States of America-based public utility holding. Through its wholly owned subsidiaries, it sells and delivers natural gas and provides energy-related products and services to customers primarily in the District of Columbia and the surrounding metropolitan areas in Maryland and Virginia.

5 Day Chart for NYSE:WGL

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