Press coverage about WGL Holdings (NYSE:WGL) has trended positive on Wednesday, Accern reports. Accern identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. WGL Holdings earned a media sentiment score of 0.28 on Accern’s scale. Accern also assigned press coverage about the utilities provider an impact score of 45.482189697375 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

A number of equities analysts recently issued reports on the stock. Zacks Investment Research raised shares of WGL Holdings from a “sell” rating to a “hold” rating in a report on Friday, August 11th. BidaskClub downgraded shares of WGL Holdings from a “hold” rating to a “sell” rating in a report on Saturday, August 19th. Finally, Hilliard Lyons raised shares of WGL Holdings from an “underperform” rating to a “neutral” rating in a report on Tuesday, August 29th. One investment analyst has rated the stock with a sell rating and six have issued a hold rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $74.67.

WGL Holdings (NYSE:WGL) opened at $85.09 on Wednesday. The company has a current ratio of 0.67, a quick ratio of 0.51 and a debt-to-equity ratio of 0.81. WGL Holdings has a 1-year low of $63.09 and a 1-year high of $86.89. The firm has a market cap of $4,354.64, a P/E ratio of 25.30, a price-to-earnings-growth ratio of 3.82 and a beta of 0.68.

The company also recently declared a quarterly dividend, which was paid on Wednesday, November 1st. Shareholders of record on Tuesday, October 10th were issued a dividend of $0.51 per share. This represents a $2.04 annualized dividend and a yield of 2.40%. The ex-dividend date of this dividend was Friday, October 6th. WGL Holdings’s dividend payout ratio is currently 58.12%.

In other WGL Holdings news, Director Debra L. Lee sold 2,122 shares of WGL Holdings stock in a transaction that occurred on Friday, September 15th. The shares were 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 is accessible through this link. 0.99% of the stock is owned by insiders.

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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.

Insider Buying and Selling by Quarter for WGL Holdings (NYSE:WGL)

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