Integrated Investment Consultants Lowers stake in WGL Holdings Inc (WGL)

WGL Holdings Inc (WGL) : Integrated Investment Consultants reduced its stake in WGL Holdings Inc by 0.1% during the most recent quarter end. The investment management company now holds a total of 3,013 shares of WGL Holdings Inc which is valued at $181,533 after selling 3 shares in WGL Holdings Inc , the firm said in a disclosure report filed with the SEC on Oct 14, 2016.WGL Holdings Inc makes up approximately 0.09% of Integrated Investment Consultants’s portfolio.

Other Hedge Funds, Including , Msi Financial Services Inc reduced its stake in WGL by selling 22,604 shares or 97.1% in the most recent quarter. The Hedge Fund company now holds 676 shares of WGL which is valued at $40,749.Legal General Group Plc reduced its stake in WGL by selling 841 shares or 2.3% in the most recent quarter. The Hedge Fund company now holds 35,698 shares of WGL which is valued at $2,095,116.Oregon Public Employees Retirement Fund boosted its stake in WGL in the latest quarter, The investment management firm added 491 additional shares and now holds a total of 17,348 shares of WGL Holdings Inc which is valued at $1,043,829. WGL Holdings Inc makes up approx 0.02% of Oregon Public Employees Retirement Fund’s portfolio.

WGL Holdings Inc closed down -0.03 points or -0.05% at $60.25 with 1,37,691 shares getting traded on Friday. Post opening the session at $60.04, the shares hit an intraday low of $59.46 and an intraday high of $60.59 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

On the company’s financial health, WGL Holdings Inc reported $1.18 EPS for the quarter, missing the analyst consensus estimate by $ -0.06 based on the information available during the earnings call on Feb 5, 2016. Analyst had a consensus of $1.24. The company had revenue of $613.40 million for the quarter, compared to analysts expectations of $773.19 million. The company’s revenue was down -18.1 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.16 EPS.

WGL Holdings Inc. (WGL Holdings) is a United States of America-based public utility holding. Through its wholly owned subsidiaries it sells and delivers natural gas and provides energy-related products and services to customers primarily in the District of Columbia and the surrounding metropolitan areas in Maryland and Virginia. Promotes the efficient use of clean natural gas and renewable energy to improve the environment for the benefit of customers investors employees and the communities it serves. The Company’s business segments include Regulated Utility Retail Energy-Marketing Commercial Energy Systems and Midstream Energy Services. WGL Holdings owns all of the shares of common stock of Washington Gas Washington Gas Resources Hampshire Gas Company (Hampshire) and Crab Run Gas Company (Crab Run). Washington Gas Resources owns four unregulated subsidiaries that include WGEServices WGESystems and WGL Midstream.

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