Russell Investments Group Ltd. grew its position in shares of WGL Holdings Inc (NYSE:WGL) by 66.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 23,376 shares of the utilities provider’s stock after acquiring an additional 9,327 shares during the quarter. Russell Investments Group Ltd.’s holdings in WGL were worth $1,968,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in WGL. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in WGL by 7.9% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,756 shares of the utilities provider’s stock worth $147,000 after acquiring an additional 128 shares during the last quarter. Greenwood Capital Associates LLC acquired a new stake in shares of WGL in the second quarter valued at about $203,000. Heritage Investors Management Corp grew its stake in shares of WGL 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 buying an additional 1,112 shares in the last quarter. Shelton Capital Management acquired a new stake in shares of WGL in the second quarter valued at about $322,000. Finally, Bronfman E.L. Rothschild L.P. grew its stake in shares of WGL by 6,465.6% in the second quarter. Bronfman E.L. Rothschild L.P. now owns 4,005 shares of the utilities provider’s stock valued at $334,000 after buying an additional 3,944 shares in the last quarter. Institutional investors own 71.46% of the company’s stock.

Shares of WGL Holdings Inc (NYSE:WGL) opened at $85.65 on Friday. The company has a quick ratio of 0.48, a current ratio of 0.66 and a debt-to-equity ratio of 0.95. WGL Holdings Inc has a 12 month low of $73.53 and a 12 month high of $86.89. The stock has a market capitalization of $4,398.35, a PE ratio of 22.90, a PEG ratio of 4.00 and a beta of 0.66.

The business also recently announced a quarterly dividend, which will be paid on Thursday, February 1st. Stockholders of record on Wednesday, January 10th will be paid a $0.51 dividend. The ex-dividend date is Tuesday, January 9th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 2.38%. WGL’s dividend payout ratio (DPR) is currently 40.37%.

A number of equities research analysts have recently issued reports on WGL shares. Hilliard Lyons upgraded WGL from an “underperform” rating to a “neutral” rating in a research note on Tuesday, August 29th. Zacks Investment Research lowered WGL from a “hold” rating to a “sell” rating in a research note on Thursday, October 5th.

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About WGL

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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Institutional Ownership by Quarter for WGL (NYSE:WGL)

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