WGL Holdings Inc (WGL) Shares Sold by ING Groep NV

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ING Groep NV cut its stake in WGL Holdings Inc (NYSE:WGL) by 30.8% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 5,405 shares of the utilities provider’s stock after selling 2,407 shares during the period. ING Groep NV’s holdings in WGL were worth $480,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in WGL. Oppenheimer & Co. Inc. grew its holdings in shares of WGL by 14.6% during the 1st quarter. Oppenheimer & Co. Inc. now owns 9,145 shares of the utilities provider’s stock worth $765,000 after purchasing an additional 1,162 shares during the period. Zeke Capital Advisors LLC grew its holdings in shares of WGL by 36.2% during the 1st quarter. Zeke Capital Advisors LLC now owns 4,336 shares of the utilities provider’s stock worth $363,000 after purchasing an additional 1,152 shares during the period. Stephens Inc. AR grew its holdings in shares of WGL by 26.5% during the 1st quarter. Stephens Inc. AR now owns 10,054 shares of the utilities provider’s stock worth $841,000 after purchasing an additional 2,108 shares during the period. Prudential Financial Inc. grew its holdings in shares of WGL by 6.4% during the 1st quarter. Prudential Financial Inc. now owns 53,304 shares of the utilities provider’s stock worth $4,459,000 after purchasing an additional 3,184 shares during the period. Finally, Swiss National Bank grew its holdings in shares of WGL by 2.2% during the 1st quarter. Swiss National Bank now owns 93,100 shares of the utilities provider’s stock worth $7,788,000 after purchasing an additional 2,000 shares during the period. 69.89% of the stock is owned by hedge funds and other institutional investors.

NYSE WGL opened at $88.74 on Friday. The firm has a market cap of $4.56 billion, a PE ratio of 28.53, a price-to-earnings-growth ratio of 3.91 and a beta of 0.57. The company has a debt-to-equity ratio of 1.09, a current ratio of 0.88 and a quick ratio of 0.80. WGL Holdings Inc has a twelve month low of $80.91 and a twelve month high of $88.78.

About WGL

WGL Holdings, Inc, through its subsidiaries, sells and delivers natural gas; and provides energy-related products and services. The company operates through four segments: Regulated Utility, Retail Energy-Marketing, Commercial Energy Systems, and Midstream Energy Services. The Regulated Utility segment sells and delivers natural gas to retail customers; and owns full and partial interests in underground natural gas storage facilities, including pipeline delivery facilities located in and around Hampshire County, West Virginia.

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Institutional Ownership by Quarter for WGL (NYSE:WGL)

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