D Orazio & Associates Inc. maintained its position in Dominion Energy Inc. (NYSE:D) during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 2,724 shares of the utilities provider’s stock at the end of the first quarter. D Orazio & Associates Inc.’s holdings in Dominion Energy were worth $211,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in D. Tradewinds Capital Management LLC raised its stake in shares of Dominion Energy by 1.0% in the first quarter. Tradewinds Capital Management LLC now owns 1,306 shares of the utilities provider’s stock worth $101,000 after buying an additional 13 shares during the last quarter. Enterprise Financial Services Corp raised its stake in shares of Dominion Energy by 62.6% in the first quarter. Enterprise Financial Services Corp now owns 1,376 shares of the utilities provider’s stock worth $107,000 after buying an additional 530 shares during the last quarter. Clean Yield Group purchased a new stake in shares of Dominion Energy during the first quarter worth about $117,000. Bollard Group LLC raised its stake in shares of Dominion Energy by 0.9% in the first quarter. Bollard Group LLC now owns 1,516 shares of the utilities provider’s stock worth $118,000 after buying an additional 13 shares during the last quarter. Finally, Advantage Investment Management LLC raised its stake in shares of Dominion Energy by 247.7% in the first quarter. Advantage Investment Management LLC now owns 1,582 shares of the utilities provider’s stock worth $123,000 after buying an additional 1,127 shares during the last quarter. 66.12% of the stock is currently owned by hedge funds and other institutional investors.

Dominion Energy Inc. (NYSE:D) traded down 0.40% during mid-day trading on Friday, reaching $77.51. The company’s stock had a trading volume of 382,661 shares. Dominion Energy Inc. has a 52 week low of $69.51 and a 52 week high of $81.65. The company’s 50-day moving average price is $77.11 and its 200 day moving average price is $77.21. The firm has a market capitalization of $49.81 billion, a price-to-earnings ratio of 22.43 and a beta of 0.28.

Dominion Energy (NYSE:D) last released its quarterly earnings data on Wednesday, August 2nd. The utilities provider reported $0.67 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.66 by $0.01. The business had revenue of $2.81 billion during the quarter, compared to analysts’ expectations of $2.94 billion. Dominion Energy had a net margin of 17.48% and a return on equity of 14.04%. The company’s revenue for the quarter was up 8.3% on a year-over-year basis. During the same period in the previous year, the company earned $0.71 EPS. On average, equities analysts forecast that Dominion Energy Inc. will post $3.64 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 20th. Investors of record on Friday, September 1st will be given a $0.755 dividend. The ex-dividend date is Wednesday, August 30th. This represents a $3.02 dividend on an annualized basis and a yield of 3.88%. Dominion Energy’s dividend payout ratio (DPR) is presently 87.28%.

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A number of analysts recently issued reports on the company. Zacks Investment Research upgraded Dominion Energy from a “sell” rating to a “hold” rating in a report on Friday, August 4th. Deutsche Bank AG boosted their price target on Dominion Energy from $76.00 to $77.00 and gave the company a “hold” rating in a report on Thursday, August 3rd. Citigroup Inc. lowered their price target on Dominion Energy from $78.00 to $76.00 and set a “neutral” rating for the company in a report on Wednesday, July 26th. BidaskClub lowered Dominion Energy from a “buy” rating to a “hold” rating in a report on Saturday, June 24th. Finally, Royal Bank Of Canada set a $77.00 price target on Dominion Energy and gave the company a “hold” rating in a report on Saturday, June 3rd. Nine equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Dominion Energy has a consensus rating of “Hold” and an average target price of $80.57.

About Dominion Energy

Dominion Energy, Inc, formerly Dominion Resources, Inc, is a producer and transporter of energy. Dominion is focused on its investment in regulated electric generation, transmission and distribution and regulated natural gas transmission and distribution infrastructure. It operates through three segments: Dominion Virginia Power operating segment (DVP), Dominion Generation, Dominion Energy, and Corporate and Other.

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Institutional Ownership by Quarter for Dominion Energy (NYSE:D)

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