Hudock Capital Group LLC increased its stake in shares of Dominion Energy Inc. (NYSE:D) by 38.9% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,981 shares of the utilities provider’s stock after buying an additional 835 shares during the quarter. Hudock Capital Group LLC’s holdings in Dominion Energy were worth $228,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Tradewinds Capital Management LLC grew its stake in Dominion Energy by 1.0% during the 1st 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. Tortoise Capital Advisors L.L.C. grew its stake in Dominion Energy by 336.3% during the 2nd quarter. Tortoise Capital Advisors L.L.C. now owns 1,396 shares of the utilities provider’s stock worth $107,000 after buying an additional 1,076 shares during the last quarter. Enterprise Financial Services Corp grew its stake in Dominion Energy by 5.8% during the 2nd quarter. Enterprise Financial Services Corp now owns 1,456 shares of the utilities provider’s stock worth $112,000 after buying an additional 80 shares during the last quarter. Monroe Bank & Trust MI grew its stake in Dominion Energy by 36.1% during the 2nd quarter. Monroe Bank & Trust MI now owns 1,507 shares of the utilities provider’s stock worth $116,000 after buying an additional 400 shares during the last quarter. Finally, Clean Yield Group bought a new position in Dominion Energy during the 1st quarter worth $117,000. Hedge funds and other institutional investors own 64.44% of the company’s stock.

Shares of Dominion Energy Inc. (NYSE:D) opened at 77.04 on Monday. Dominion Energy Inc. has a one year low of $69.51 and a one year high of $81.65. The firm has a market cap of $49.50 billion, a price-to-earnings ratio of 22.30 and a beta of 0.29. The stock has a 50 day moving average price of $78.55 and a 200 day moving average price of $78.07.

Dominion Energy (NYSE:D) last released its earnings results on Wednesday, August 2nd. The utilities provider reported $0.67 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.66 by $0.01. The company had revenue of $2.81 billion during the quarter, compared to analysts’ expectations of $2.94 billion. Dominion Energy had a return on equity of 14.04% and a net margin of 17.48%. The business’s revenue for the quarter was up 8.3% on a year-over-year basis. During the same period last year, the firm earned $0.71 EPS. On average, equities research analysts forecast that Dominion Energy Inc. will post $3.63 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 20th. Stockholders of record on Friday, September 1st were paid a $0.755 dividend. The ex-dividend date of this dividend was Wednesday, August 30th. This represents a $3.02 annualized dividend and a dividend yield of 3.92%. Dominion Energy’s dividend payout ratio (DPR) is currently 87.28%.

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D has been the subject of a number of analyst reports. Royal Bank Of Canada set a $77.00 price target on Dominion Energy and gave the stock a “hold” rating in a research report on Saturday, June 3rd. Zacks Investment Research lowered Dominion Energy from a “hold” rating to a “sell” rating in a research report on Monday, June 12th. BidaskClub lowered Dominion Energy from a “buy” rating to a “hold” rating in a research report on Saturday, June 24th. Citigroup Inc. reduced their price target on Dominion Energy from $78.00 to $76.00 and set a “neutral” rating for the company in a research report on Wednesday, July 26th. Finally, Deutsche Bank AG boosted their price target on Dominion Energy from $76.00 to $77.00 and gave the stock a “hold” rating in a research report on Thursday, August 3rd. Ten analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $80.25.

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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