Traders bought shares of Dominion Resources Inc. (NYSE:D) on weakness during trading hours on Wednesday. $66.12 million flowed into the stock on the tick-up and $27.93 million flowed out of the stock on the tick-down, for a money net flow of $38.19 million into the stock. Of all stocks tracked, Dominion Resources had the 18th highest net in-flow for the day. Dominion Resources traded down ($0.62) for the day and closed at $76.75

A number of brokerages recently issued reports on D. Deutsche Bank AG reissued a “hold” rating and set a $72.00 price target on shares of Dominion Resources in a research note on Tuesday, April 19th. Vetr downgraded Dominion Resources from a “strong-buy” rating to a “buy” rating and set a $80.44 price objective on the stock. in a report on Monday, May 2nd. Zacks Investment Research downgraded Dominion Resources from a “hold” rating to a “sell” rating in a report on Friday, July 22nd. Canaccord Genuity restated a “hold” rating on shares of Dominion Resources in a report on Monday, June 6th. Finally, BMO Capital Markets restated a “hold” rating and set a $77.00 price objective on shares of Dominion Resources in a report on Wednesday, June 22nd. One research analyst has rated the stock with a sell rating, five have issued a hold rating and seven have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $76.94.

The firm has a market cap of $47.29 billion and a PE ratio of 24.20. The firm has a 50-day moving average of $76.72 and a 200 day moving average of $72.89.

Dominion Resources (NYSE:D) last issued its quarterly earnings data on Wednesday, August 3rd. The company reported $0.73 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.71 by $0.02. During the same period in the previous year, the business posted $0.73 EPS. The firm had revenue of $2.60 billion for the quarter, compared to analysts’ expectations of $2.99 billion. The business’s revenue for the quarter was down 5.4% compared to the same quarter last year. Analysts predict that Dominion Resources Inc. will post $3.79 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 20th. Shareholders of record on Friday, September 2nd will be issued a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a dividend yield of 3.65%. The ex-dividend date is Wednesday, August 31st.

Several institutional investors have recently modified their holdings of D. Cortland Advisers LLC raised its position in shares of Dominion Resources by 100.0% in the fourth quarter. Cortland Advisers LLC now owns 600,000 shares of the company’s stock valued at $40,584,000 after buying an additional 300,000 shares during the last quarter. Bank of Montreal Can raised its position in shares of Dominion Resources by 34.6% in the fourth quarter. Bank of Montreal Can now owns 357,618 shares of the company’s stock valued at $24,190,000 after buying an additional 91,928 shares during the last quarter. Dimensional Fund Advisors LP raised its position in shares of Dominion Resources by 7.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 867,319 shares of the company’s stock valued at $58,675,000 after buying an additional 58,715 shares during the last quarter. Aberdeen Asset Management PLC UK raised its position in shares of Dominion Resources by 25.2% in the fourth quarter. Aberdeen Asset Management PLC UK now owns 165,877 shares of the company’s stock valued at $12,357,000 after buying an additional 33,372 shares during the last quarter. Finally, Advantus Capital Management Inc raised its position in shares of Dominion Resources by 35.9% in the fourth quarter. Advantus Capital Management Inc now owns 120,998 shares of the company’s stock valued at $8,184,000 after buying an additional 31,994 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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