WGL Holdings Inc (NYSE:WGL) – Equities research analysts at US Capital Advisors issued their Q4 2017 earnings per share estimates for shares of WGL Holdings in a research note issued on Wednesday. US Capital Advisors analyst D. Fidell forecasts that the utilities provider will post earnings of ($0.17) per share for the quarter.

Other equities analysts have also issued reports about the stock. BidaskClub lowered shares of WGL Holdings from a “hold” rating to a “sell” rating in a research note on Sunday, July 16th. Zacks Investment Research upgraded shares of WGL Holdings from a “sell” rating to a “hold” rating in a research note on Friday, August 11th. Finally, Hilliard Lyons upgraded shares of WGL Holdings from an “underperform” rating to a “neutral” rating in a research note on Tuesday, August 29th. One investment analyst has rated the stock with a sell rating and six have assigned a hold rating to the stock. WGL Holdings presently has an average rating of “Hold” and an average price target of $74.67.

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WGL Holdings (NYSE:WGL) traded down 0.13% during mid-day trading on Monday, reaching $85.59. 128,010 shares of the company were exchanged. The stock has a 50-day moving average of $85.04 and a 200 day moving average of $84.04. The firm has a market capitalization of $4.38 billion, a P/E ratio of 24.38 and a beta of 0.68. WGL Holdings has a 1-year low of $59.07 and a 1-year high of $86.89.

WGL Holdings (NYSE:WGL) last released its earnings results on Wednesday, August 2nd. The utilities provider reported $0.26 EPS for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.01). The company had revenue of $474.36 million during the quarter, compared to analyst estimates of $477.01 million. WGL Holdings had a return on equity of 11.76% and a net margin of 7.60%. The firm’s revenue for the quarter was up 7.7% on a year-over-year basis. During the same quarter last year, the business earned $0.33 earnings per share.

Institutional investors have recently made changes to their positions in the business. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in WGL Holdings by 7.9% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,756 shares of the utilities provider’s stock valued at $147,000 after purchasing an additional 128 shares during the last quarter. Greenwood Capital Associates LLC acquired a new stake in shares of WGL Holdings in the second quarter valued at approximately $203,000. World Asset Management Inc boosted its holdings in shares of WGL Holdings by 2.4% in the second quarter. World Asset Management Inc now owns 3,239 shares of the utilities provider’s stock valued at $270,000 after acquiring an additional 77 shares during the period. Heritage Investors Management Corp boosted its holdings in shares of WGL Holdings by 41.4% in the third quarter. Heritage Investors Management Corp now owns 3,799 shares of the utilities provider’s stock valued at $320,000 after acquiring an additional 1,112 shares during the period. Finally, Shelton Capital Management acquired a new stake in shares of WGL Holdings in the second quarter valued at approximately $322,000. Institutional investors own 68.62% of the company’s stock.

In other WGL Holdings news, Director Debra L. Lee sold 2,122 shares of the stock in a transaction that occurred on Friday, September 15th. The shares were sold at an average price of $84.00, for a total value of $178,248.00. The sale was disclosed in a document filed with the SEC, which is available through this link. Corporate insiders own 0.99% of the company’s stock.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 1st. Shareholders of record on Tuesday, October 10th will be paid a $0.51 dividend. The ex-dividend date of this dividend is Friday, October 6th. This represents a $2.04 annualized dividend and a yield of 2.38%. WGL Holdings’s dividend payout ratio is currently 58.12%.

WGL Holdings Company Profile

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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