WGL (WGL) Getting Somewhat Favorable Media Coverage, Analysis Shows
Press coverage about WGL (NYSE:WGL) has trended somewhat positive on Thursday, according to Accern Sentiment Analysis. The research firm scores the sentiment of news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. WGL earned a media sentiment score of 0.03 on Accern’s scale. Accern also gave media stories about the utilities provider an impact score of 46.3724928522853 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Several analysts have recently issued reports on the company. Zacks Investment Research downgraded WGL from a “hold” rating to a “sell” rating in a research report on Thursday, November 30th. Hilliard Lyons upgraded WGL from an “underperform” rating to a “neutral” rating in a research report on Tuesday, August 29th. Finally, BidaskClub downgraded WGL from a “hold” rating to a “sell” rating in a research report on Saturday, August 19th.
Shares of WGL (NYSE WGL) traded up $0.35 during trading hours on Thursday, hitting $85.75. The stock had a trading volume of 284,746 shares, compared to its average volume of 317,307. WGL has a twelve month low of $73.53 and a twelve month high of $86.89. The stock has a market capitalization of $4,377.80, a P/E ratio of 26.64, a P/E/G ratio of 3.81 and a beta of 0.66. The company has a debt-to-equity ratio of 0.95, a current ratio of 0.66 and a quick ratio of 0.48.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 1st. Investors of record on Wednesday, January 10th will be given a dividend of $0.51 per share. The ex-dividend date of this dividend is Tuesday, January 9th. This represents a $2.04 annualized dividend and a yield of 2.38%. WGL’s dividend payout ratio (DPR) is presently 54.55%.
In related news, Director Debra L. Lee sold 2,122 shares of the stock in a transaction dated Friday, September 15th. The stock was sold at an average price of $84.00, for a total transaction of $178,248.00. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 1.09% of the company’s stock.
WGL 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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