Investors sold shares of Dominion Resources Inc. (NYSE:D) on strength during trading on Wednesday. $22.08 million flowed into the stock on the tick-up and $62.34 million flowed out of the stock on the tick-down, for a money net flow of $40.26 million out of the stock. Of all companies tracked, Dominion Resources had the 0th highest net out-flow for the day. Dominion Resources traded up $0.36 for the day and closed at $77.77

Several research analysts have recently issued reports on the stock. Deutsche Bank AG restated a “hold” rating and issued a $72.00 target price on shares of Dominion Resources in a report on Tuesday, April 19th. Vetr cut shares of Dominion Resources from a “strong-buy” rating to a “buy” rating and set a $80.44 target price for the company. in a report on Monday, May 2nd. Zacks Investment Research upgraded shares of Dominion Resources from a “sell” rating to a “hold” rating in a report on Tuesday, April 12th. Bank of America Corp. restated a “buy” rating on shares of Dominion Resources in a report on Tuesday, May 24th. Finally, Canaccord Genuity restated a “hold” rating on shares of Dominion Resources in a report on Monday, June 6th. Six investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $76.94.

The stock has a market capitalization of $47.92 billion and a P/E ratio of 24.53. The company has a 50 day moving average of $74.62 and a 200-day moving average of $71.95.

Dominion Resources (NYSE:D) last posted its quarterly earnings data on Wednesday, May 4th. The company reported $0.96 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.94 by $0.02. During the same period last year, the company posted $0.99 EPS. On average, equities analysts expect that Dominion Resources Inc. will post $3.79 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 20th. Shareholders of record on Friday, June 3rd were issued a dividend of $0.70 per share. The ex-dividend date of this dividend was Wednesday, June 1st. This represents a $2.80 annualized dividend and a yield of 3.60%.

Other hedge funds recently bought and sold shares of the company. Pettyjohn Wood & White Inc. increased its stake in Dominion Resources by 5.3% in the fourth quarter. Pettyjohn Wood & White Inc. now owns 50,970 shares of the company’s stock valued at $3,448,000 after buying an additional 2,588 shares during the last quarter. Robeco Institutional Asset Management B.V. increased its stake in Dominion Resources by 4.3% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 120,613 shares of the company’s stock valued at $8,158,000 after buying an additional 4,982 shares during the last quarter. Brown Advisory Inc. increased its stake in Dominion Resources by 3.3% in the fourth quarter. Brown Advisory Inc. now owns 110,160 shares of the company’s stock valued at $7,451,000 after buying an additional 3,503 shares during the last quarter. State of Wisconsin Investment Board increased its stake in Dominion Resources by 7.6% in the fourth quarter. State of Wisconsin Investment Board now owns 557,046 shares of the company’s stock valued at $37,679,000 after buying an additional 39,420 shares during the last quarter. Finally, Synovus Financial Corp increased its stake in Dominion Resources by 10.6% in the fourth quarter. Synovus Financial Corp now owns 79,122 shares of the company’s stock valued at $5,344,000 after buying an additional 7,588 shares during the last quarter.

Dominion Resources, Inc (Dominion) is a holding company. The Company is a producer and transporter of energy. The Company is a provider of electricity, natural gas and related services to customers in the eastern region of the United States. The Company operates through three segments: Dominion Virginia Power (DVP), Dominion Generation and Dominion Energy.

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