WGL Holdings Inc (NYSE:WGL) Director Debra L. Lee sold 2,122 shares of WGL Holdings stock in a transaction on Friday, September 15th. The shares were sold at an average price of $84.00, for a total value of $178,248.00. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Shares of WGL Holdings Inc (NYSE WGL) opened at 84.48 on Tuesday. The firm’s 50-day moving average price is $84.59 and its 200 day moving average price is $83.49. WGL Holdings Inc has a 52 week low of $58.66 and a 52 week high of $86.89. The company has a market cap of $4.33 billion, a price-to-earnings ratio of 24.06 and a beta of 0.69.

WGL Holdings (NYSE:WGL) last issued its quarterly earnings data on Wednesday, August 2nd. The utilities provider reported $0.26 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.27 by ($0.01). The firm had revenue of $474.36 million for the quarter, compared to analysts’ expectations of $477.01 million. WGL Holdings had a net margin of 7.60% and a return on equity of 11.76%. The company’s revenue for the quarter was up 7.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.33 EPS. On average, equities research analysts forecast that WGL Holdings Inc will post $3.22 EPS for the current year.

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Several equities research analysts recently issued reports on the company. Hilliard Lyons raised WGL Holdings from an “underperform” rating to a “neutral” rating in a research note on Tuesday, August 29th. Zacks Investment Research raised WGL Holdings from a “sell” rating to a “hold” rating in a research note on Friday, August 11th. Finally, BidaskClub lowered WGL Holdings from a “hold” rating to a “sell” rating in a research note on Sunday, July 16th. One equities research analyst has rated the stock with a sell rating and six have assigned a hold rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $76.75.

Several institutional investors have recently modified their holdings of the company. BlackRock Inc. grew its position in shares of WGL Holdings by 3,986.0% during the first quarter. BlackRock Inc. now owns 5,449,997 shares of the utilities provider’s stock valued at $449,789,000 after purchasing an additional 5,316,615 shares in the last quarter. Vanguard Group Inc. grew its position in shares of WGL Holdings by 1.4% during the second quarter. Vanguard Group Inc. now owns 4,560,383 shares of the utilities provider’s stock valued at $380,473,000 after purchasing an additional 64,602 shares in the last quarter. State Street Corp grew its position in shares of WGL Holdings by 4.6% during the first quarter. State Street Corp now owns 4,025,759 shares of the utilities provider’s stock valued at $332,254,000 after purchasing an additional 177,248 shares in the last quarter. Northern Trust Corp grew its position in shares of WGL Holdings by 1.3% during the second quarter. Northern Trust Corp now owns 1,372,474 shares of the utilities provider’s stock valued at $114,507,000 after purchasing an additional 17,818 shares in the last quarter. Finally, Earnest Partners LLC grew its position in shares of WGL Holdings by 1.1% during the second quarter. Earnest Partners LLC now owns 1,250,012 shares of the utilities provider’s stock valued at $104,289,000 after purchasing an additional 13,567 shares in the last quarter. Hedge funds and other institutional investors own 69.05% of the company’s stock.

About WGL Holdings

WGL Holdings, Inc (WGL) is a holding company. The Company operates through four segments. The Regulated Utility segment consists of Washington Gas Light Company, which provides regulated gas distribution services to end use customers and natural gas transportation services to an unaffiliated natural gas distribution company and Hampshire Gas Company, which provides regulated interstate natural gas storage services.

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