WGL Holdings (WGL) Receiving Somewhat Positive Press Coverage, Analysis Finds

Press coverage about WGL Holdings (NYSE:WGL) has trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm scores the sentiment of press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. WGL Holdings earned a coverage optimism score of 0.20 on Accern’s scale. Accern also assigned press coverage about the utilities provider an impact score of 46.2290530274285 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

These are some of the news stories that may have effected Accern Sentiment Analysis’s scoring:

A number of equities research analysts have recently weighed in on WGL shares. Hilliard Lyons raised shares of WGL Holdings from an “underperform” rating to a “neutral” rating in a report on Tuesday, August 29th. Zacks Investment Research lowered shares of WGL Holdings from a “hold” rating to a “sell” rating in a report on Thursday, October 5th. Finally, BidaskClub lowered shares of WGL Holdings from a “hold” rating to a “sell” rating in a report on Saturday, August 19th. One analyst has rated the stock with a sell rating and six have issued a hold rating to the stock. WGL Holdings currently has a consensus rating of “Hold” and an average price target of $76.50.

WGL Holdings (NYSE WGL) traded up $0.04 during trading hours on Friday, reaching $84.23. 344,095 shares of the company’s stock traded hands, compared to its average volume of 315,864. WGL Holdings has a one year low of $66.36 and a one year high of $86.89. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.51 and a current ratio of 0.67. The stock has a market capitalization of $4,330.00, a price-to-earnings ratio of 26.31, a price-to-earnings-growth ratio of 3.78 and a beta of 0.68.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, February 1st. Shareholders of record on Wednesday, January 10th will be issued a $0.51 dividend. This represents a $2.04 annualized dividend and a yield of 2.42%. WGL Holdings’s payout ratio is 54.55%.

In other WGL Holdings news, Director Debra L. Lee sold 2,122 shares of the company’s stock in a transaction on Friday, September 15th. The shares were sold at an average price of $84.00, for a total value of $178,248.00. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.09% of the stock is currently owned by corporate insiders.

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About WGL Holdings

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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