Blair William & Co. IL Has $3.18 Million Position in Dominion Energy Inc. (D)
Blair William & Co. IL lifted its holdings in Dominion Energy Inc. (NYSE:D) by 3.9% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 41,531 shares of the utilities provider’s stock after acquiring an additional 1,547 shares during the period. Blair William & Co. IL’s holdings in Dominion Energy were worth $3,182,000 at the end of the most recent quarter.
Other large investors have also made changes to their positions in the company. Tradewinds Capital Management LLC raised its position 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 worth $101,000 after purchasing an additional 13 shares during the period. Tortoise Capital Advisors L.L.C. raised its position 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 worth $107,000 after purchasing an additional 1,076 shares during the period. Enterprise Financial Services Corp raised its position in Dominion Energy by 5.8% in the 2nd quarter. Enterprise Financial Services Corp now owns 1,456 shares of the utilities provider’s stock worth $112,000 after purchasing an additional 80 shares during the period. Clean Yield Group purchased a new stake in Dominion Energy in the 1st quarter worth about $117,000. Finally, Bollard Group LLC raised its position in Dominion Energy by 0.8% in the 2nd quarter. Bollard Group LLC now owns 1,528 shares of the utilities provider’s stock worth $117,000 after purchasing an additional 12 shares during the period. 64.49% of the stock is owned by hedge funds and other institutional investors.
Dominion Energy Inc. (D) opened at 79.50 on Friday. The stock has a market capitalization of $51.09 billion, a price-to-earnings ratio of 23.01 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 $78.48 and its 200-day moving average is $78.03.
Dominion Energy (NYSE:D) last issued its quarterly earnings data on Wednesday, August 2nd. The utilities provider reported $0.67 EPS for the quarter, topping the consensus estimate of $0.66 by $0.01. Dominion Energy had a net margin of 17.48% and a return on equity of 14.04%. The firm had revenue of $2.81 billion for the quarter, compared to analyst estimates of $2.94 billion. During the same period in the prior year, the business posted $0.71 EPS. The business’s revenue for the quarter was up 8.3% compared to the same quarter last year. On average, equities research analysts expect that Dominion Energy Inc. will post $3.64 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 20th. Stockholders of record on Friday, September 1st will be issued a $0.755 dividend. The ex-dividend date is Wednesday, August 30th. This represents a $3.02 annualized dividend and a dividend yield of 3.80%. Dominion Energy’s dividend payout ratio is currently 87.28%.
A number of research firms recently weighed in on D. Royal Bank Of Canada set a $77.00 price objective on shares of Dominion Energy and gave the stock a “hold” rating in a research report on Saturday, June 3rd. Deutsche Bank AG increased their price objective on shares of Dominion Energy from $76.00 to $77.00 and gave the stock a “hold” rating in a research report on Thursday, August 3rd. Zacks Investment Research lowered shares of Dominion Energy from a “hold” rating to a “sell” rating in a research report on Tuesday, July 18th. Citigroup Inc. reduced their target price on shares of Dominion Energy from $78.00 to $76.00 and set a “neutral” rating on the stock in a research report on Wednesday, July 26th. Finally, KeyCorp reaffirmed a “hold” rating on shares of Dominion Energy in a research report on Friday, September 1st. Ten equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. Dominion Energy presently has a consensus rating of “Hold” and a consensus target price of $80.25.
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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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