Investors sold shares of Dominion Resources Inc. (NYSE:D) on strength during trading on Thursday. $23.60 million flowed into the stock on the tick-up and $62.39 million flowed out of the stock on the tick-down, for a money net flow of $38.79 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 $0.42 for the day and closed at $76.94

A number of equities analysts have weighed in on D shares. Bank of America Corp. reissued a “buy” rating on shares of Dominion Resources in a research report on Tuesday, May 24th. Vetr cut shares of Dominion Resources from a “strong-buy” rating to a “buy” rating and set a $80.44 price objective for the company. in a research report on Monday, May 16th. Canaccord Genuity reissued a “hold” rating on shares of Dominion Resources in a research report on Monday, June 6th. Deutsche Bank AG reissued a “hold” rating and issued a $72.00 price objective on shares of Dominion Resources in a research report on Tuesday, April 19th. Finally, Zacks Investment Research raised shares of Dominion Resources from a “sell” rating to a “hold” rating in a research report on Tuesday, April 12th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and seven have issued a buy rating to the stock. Dominion Resources has an average rating of “Hold” and an average target price of $76.94.

The firm has a market cap of $48.08 billion and a PE ratio of 24.60. The firm has a 50 day moving average of $76.40 and a 200-day moving average of $72.69.

Dominion Resources (NYSE:D) last released its quarterly earnings results on Wednesday, May 4th. The company reported $0.96 earnings per share for the quarter, beating analysts’ consensus estimates of $0.94 by $0.02. During the same quarter in the prior year, the company posted $0.99 EPS. Equities research analysts expect that Dominion Resources Inc. will post $3.78 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Thursday, June 30th. Investors of record on Friday, June 3rd were paid a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a yield of 3.59%.

A number of hedge funds and institutional investors have recently bought and sold shares of D. Girard Partners LTD. raised its position in Dominion Resources by 11.4% in the fourth quarter. Girard Partners LTD. now owns 19,441 shares of the company’s stock worth $1,315,000 after buying an additional 1,982 shares during the last quarter. Violich Capital Management Inc. raised its position in Dominion Resources by 1.3% in the fourth quarter. Violich Capital Management Inc. now owns 19,842 shares of the company’s stock worth $1,342,000 after buying an additional 250 shares during the last quarter. Liberty Mutual Group Asset Management Inc. raised its position in Dominion Resources by 3.2% in the fourth quarter. Liberty Mutual Group Asset Management Inc. now owns 34,900 shares of the company’s stock worth $2,360,000 after buying an additional 1,092 shares during the last quarter. Alpine Woods Capital Investors LLC raised its position in Dominion Resources by 13.7% in the fourth quarter. Alpine Woods Capital Investors LLC now owns 44,700 shares of the company’s stock worth $3,024,000 after buying an additional 5,400 shares during the last quarter. Finally, Victory Capital Management Inc. raised its position in Dominion Resources by 45.8% in the fourth quarter. Victory Capital Management Inc. now owns 45,217 shares of the company’s stock worth $3,058,000 after buying an additional 14,203 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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