United Asset Strategies Inc. held its position in Dominion Energy Inc. (NYSE:D) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,264 shares of the utilities provider’s stock at the close of the second quarter. United Asset Strategies Inc.’s holdings in Dominion Energy were worth $250,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Tradewinds Capital Management LLC grew its stake in Dominion Energy by 1.0% in the 1st quarter. Tradewinds Capital Management LLC now owns 1,306 shares of the utilities provider’s stock valued at $101,000 after buying an additional 13 shares in the last quarter. Enterprise Financial Services Corp grew its stake in Dominion Energy by 62.6% in the 1st quarter. Enterprise Financial Services Corp now owns 1,376 shares of the utilities provider’s stock valued at $107,000 after buying an additional 530 shares in the last quarter. Tortoise Capital Advisors L.L.C. grew its stake in Dominion Energy by 336.3% in the 2nd quarter. Tortoise Capital Advisors L.L.C. now owns 1,396 shares of the utilities provider’s stock valued at $107,000 after buying an additional 1,076 shares in the last quarter. Clean Yield Group purchased a new position in Dominion Energy in the 1st quarter valued at approximately $117,000. Finally, Bollard Group LLC grew its stake in Dominion Energy by 0.8% in the 2nd quarter. Bollard Group LLC now owns 1,528 shares of the utilities provider’s stock valued at $117,000 after buying an additional 12 shares in the last quarter. Institutional investors and hedge funds own 64.49% of the company’s stock.

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Shares of Dominion Energy Inc. (NYSE:D) opened at 79.92 on Tuesday. The company has a market capitalization of $51.36 billion, a P/E ratio of 23.13 and a beta of 0.29. Dominion Energy Inc. has a 12-month low of $69.51 and a 12-month high of $81.65. The stock’s 50 day moving average is $78.22 and its 200-day moving average is $77.98.

Dominion Energy (NYSE:D) last announced its quarterly earnings data on Wednesday, August 2nd. The utilities provider reported $0.67 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.66 by $0.01. The firm 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% compared to the same quarter last year. During the same period in the prior year, the company posted $0.71 earnings per share. Analysts anticipate that Dominion Energy Inc. will post $3.64 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 20th. Investors of record on Friday, September 1st will be paid a dividend of $0.755 per share. The ex-dividend date of this dividend is Wednesday, August 30th. This represents a $3.02 annualized dividend and a yield of 3.78%. Dominion Energy’s payout ratio is 87.28%.

Several research analysts have commented on D shares. Zacks Investment Research raised shares of Dominion Energy from a “sell” rating to a “hold” rating in a report on Friday, August 4th. KeyCorp reissued a “hold” rating on shares of Dominion Energy in a report on Friday, September 1st. BidaskClub downgraded shares of Dominion Energy from a “buy” rating to a “hold” rating in a report on Saturday, June 24th. Citigroup Inc. cut their price target on shares of Dominion Energy from $78.00 to $76.00 and set a “neutral” rating for the company in a report on Wednesday, July 26th. Finally, Royal Bank Of Canada reissued a “hold” rating and issued a $77.00 price target on shares of Dominion Energy in a report on Monday, August 21st. Nine equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $80.57.

Dominion Energy Profile

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.

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

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