Dominion Energy Inc. (D) Shares Sold by Girard Partners LTD.
Girard Partners LTD. decreased its holdings in Dominion Energy Inc. (NYSE:D) by 10.0% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 23,630 shares of the utilities provider’s stock after selling 2,618 shares during the quarter. Girard Partners LTD.’s holdings in Dominion Energy were worth $1,811,000 as of its most recent filing with the SEC.
A number of other large investors have also added to or reduced their stakes in D. Tradewinds Capital Management LLC increased its position 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 valued at $101,000 after buying an additional 13 shares in the last quarter. Tortoise Capital Advisors L.L.C. increased its position in shares of Dominion Energy by 336.3% in the second 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. Enterprise Financial Services Corp increased its position in shares of Dominion Energy by 5.8% in the second quarter. Enterprise Financial Services Corp now owns 1,456 shares of the utilities provider’s stock valued at $112,000 after buying an additional 80 shares in the last quarter. Monroe Bank & Trust MI increased its position in shares of Dominion Energy by 36.1% in the second quarter. Monroe Bank & Trust MI now owns 1,507 shares of the utilities provider’s stock valued at $116,000 after buying an additional 400 shares in the last quarter. Finally, Clean Yield Group purchased a new position in shares of Dominion Energy in the first quarter valued at $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 78.02 on Tuesday. 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 $78.55 and its 200-day moving average price is $78.07. The stock has a market cap of $50.13 billion, a PE ratio of 22.58 and a beta of 0.29.
Dominion Energy (NYSE:D) last announced its earnings results on Wednesday, August 2nd. The utilities provider reported $0.67 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.66 by $0.01. The company had revenue of $2.81 billion for the quarter, compared to analyst estimates of $2.94 billion. Dominion Energy had a return on equity of 14.04% and a net margin of 17.48%. Dominion Energy’s revenue for the quarter was up 8.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.71 earnings per share. Analysts expect that Dominion Energy Inc. will post $3.63 earnings per share for the current year.
The business also recently announced a quarterly dividend, which was paid on Wednesday, September 20th. Stockholders of record on Friday, September 1st were given a dividend of $0.755 per share. This represents a $3.02 dividend on an annualized basis and a dividend yield of 3.87%. The ex-dividend date was Wednesday, August 30th. Dominion Energy’s dividend payout ratio (DPR) is presently 87.28%.
A number of research analysts have recently weighed in on the company. Goldman Sachs Group, Inc. (The) restated a “neutral” rating and issued a $78.00 price target on shares of Dominion Energy in a research report on Thursday, September 14th. KeyCorp restated a “hold” rating on shares of Dominion Energy in a research report on Friday, September 1st. Royal Bank Of Canada restated a “hold” rating and issued a $77.00 price target on shares of Dominion Energy in a research report on Monday, August 21st. Zacks Investment Research upgraded Dominion Energy from a “sell” rating to a “hold” rating in a research report on Friday, August 4th. Finally, Deutsche Bank AG raised their price target on Dominion Energy from $76.00 to $77.00 and gave the company a “hold” rating in a research report on Thursday, August 3rd. Ten research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $80.25.
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.
Want to see what other hedge funds are holding D? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dominion Energy Inc. (NYSE:D).
Receive News & Ratings for Dominion Energy Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dominion Energy Inc. and related companies with MarketBeat.com's FREE daily email newsletter.