Public Employees Retirement System of Ohio grew its position in shares of WGL Holdings Inc (NYSE:WGL) by 191.1% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 26,111 shares of the utilities provider’s stock after purchasing an additional 17,140 shares during the quarter. Public Employees Retirement System of Ohio owned approximately 0.05% of WGL Holdings worth $2,178,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Stratos Wealth Partners LTD. increased its position in shares of WGL Holdings by 0.3% during the 2nd quarter. Stratos Wealth Partners LTD. now owns 4,274 shares of the utilities provider’s stock valued at $357,000 after purchasing an additional 12 shares during the last quarter. HighTower Advisors LLC increased its position in shares of WGL Holdings by 0.3% during the 2nd quarter. HighTower Advisors LLC now owns 5,598 shares of the utilities provider’s stock valued at $468,000 after purchasing an additional 17 shares during the last quarter. Capstone Asset Management Co. increased its position in shares of WGL Holdings by 1.6% during the 2nd quarter. Capstone Asset Management Co. now owns 3,916 shares of the utilities provider’s stock valued at $327,000 after purchasing an additional 60 shares during the last quarter. Teacher Retirement System of Texas increased its position in shares of WGL Holdings by 1.7% during the 2nd quarter. Teacher Retirement System of Texas now owns 4,091 shares of the utilities provider’s stock valued at $341,000 after purchasing an additional 67 shares during the last quarter. Finally, World Asset Management Inc increased its position in shares of WGL Holdings by 2.4% during the 2nd quarter. World Asset Management Inc now owns 3,239 shares of the utilities provider’s stock valued at $270,000 after purchasing an additional 77 shares during the last quarter. Hedge funds and other institutional investors own 68.62% of the company’s stock.

Several brokerages have recently commented on WGL. BidaskClub lowered WGL Holdings from a “hold” rating to a “sell” rating in a research report on Sunday, July 16th. Zacks Investment Research upgraded WGL Holdings from a “sell” rating to a “hold” rating in a research report on Friday, August 11th. Finally, Hilliard Lyons upgraded WGL Holdings from an “underperform” rating to a “neutral” rating in a research report on Tuesday, August 29th. One analyst has rated the stock with a sell rating and six have assigned a hold rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $74.67.

In other WGL Holdings news, Director Debra L. Lee sold 2,122 shares of the company’s stock in a transaction that occurred on Friday, September 15th. The stock was sold at an average price of $84.00, for a total transaction of $178,248.00. The sale 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 Holdings (NYSE:WGL) last posted 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). WGL Holdings had a return on equity of 11.76% and a net margin of 7.60%. The firm had revenue of $474.36 million during the quarter, compared to analysts’ expectations of $477.01 million. During the same quarter in the prior year, the firm posted $0.33 earnings per share. WGL Holdings’s quarterly revenue was up 7.7% on a year-over-year basis.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, November 1st. Shareholders of record on Tuesday, October 10th were given a dividend of $0.51 per share. The ex-dividend date of this dividend was Friday, October 6th. This represents a $2.04 dividend on an annualized basis and a yield of 2.39%. WGL Holdings’s dividend payout ratio (DPR) is presently 58.12%.

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WGL Holdings 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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Institutional Ownership by Quarter for WGL Holdings (NYSE:WGL)

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