Dimensional Fund Advisors LP Has $84.28 Million Position in Dominion Energy Inc. (D)
Dimensional Fund Advisors LP lifted its stake in shares of Dominion Energy Inc. (NYSE:D) by 1.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,099,718 shares of the utilities provider’s stock after buying an additional 13,681 shares during the period. Dimensional Fund Advisors LP owned about 0.18% of Dominion Energy worth $84,276,000 at the end of the most recent quarter.
Other large investors also recently made changes to their positions in the company. Candriam Luxembourg S.C.A. boosted its position in shares of Dominion Energy by 3.8% during the second quarter. Candriam Luxembourg S.C.A. now owns 41,042 shares of the utilities provider’s stock valued at $3,145,000 after buying an additional 1,488 shares during the last quarter. Bessemer Group Inc. boosted its position in shares of Dominion Energy by 4.1% during the second quarter. Bessemer Group Inc. now owns 17,265 shares of the utilities provider’s stock valued at $1,324,000 after buying an additional 674 shares during the last quarter. Aviva PLC boosted its position in shares of Dominion Energy by 2.0% during the second quarter. Aviva PLC now owns 395,741 shares of the utilities provider’s stock valued at $30,330,000 after buying an additional 7,620 shares during the last quarter. LMR Partners LLP purchased a new position in shares of Dominion Energy during the second quarter valued at approximately $677,000. Finally, Marshall Wace North America L.P. purchased a new position in shares of Dominion Energy during the second quarter valued at approximately $1,749,000. 64.43% of the stock is currently owned by institutional investors.
ILLEGAL ACTIVITY WARNING: This piece was originally posted by Daily Political and is the property of of Daily Political. If you are viewing this piece on another domain, it was illegally stolen and republished in violation of United States & international trademark and copyright legislation. The correct version of this piece can be accessed at https://www.dailypolitical.com/2017/10/16/dimensional-fund-advisors-lp-has-84-28-million-position-in-dominion-energy-inc-d.html.
Several research firms have weighed in on D. J P Morgan Chase & Co boosted their price objective on Dominion Energy from $78.00 to $82.00 and gave the stock a “neutral” rating in a research report on Thursday. Zacks Investment Research raised Dominion Energy from a “hold” rating to a “buy” rating and set a $86.00 price objective on the stock in a research report on Tuesday, October 3rd. Goldman Sachs Group, Inc. (The) reissued a “neutral” rating and issued a $78.00 price objective on shares of Dominion Energy in a research report on Thursday, September 14th. KeyCorp reissued a “hold” rating on shares of Dominion Energy in a research report on Friday, September 1st. Finally, BidaskClub cut Dominion Energy from a “buy” rating to a “hold” rating in a research report on Saturday, June 24th. Eleven research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $80.56.
Dominion Energy Inc. (NYSE:D) opened at 78.62 on Monday. The stock has a market cap of $50.52 billion, a PE ratio of 22.76 and a beta of 0.28. The stock’s 50 day moving average price is $78.04 and its 200-day moving average price is $78.11. Dominion Energy Inc. has a 12 month low of $69.51 and a 12 month high of $81.65.
Dominion Energy (NYSE:D) last released its quarterly earnings results 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 for the quarter, compared to the consensus estimate of $2.94 billion. Dominion Energy had a return on equity of 14.04% and a net margin of 17.48%. The company’s revenue for the quarter was up 8.3% on a year-over-year basis. During the same period last year, the business posted $0.71 EPS. Analysts anticipate that Dominion Energy Inc. will post $3.63 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 20th. Stockholders of record on Friday, December 1st will be paid a $0.77 dividend. This is an increase from Dominion Energy’s previous quarterly dividend of $0.76. This represents a $3.08 dividend on an annualized basis and a dividend yield of 3.92%. The ex-dividend date of this dividend is Thursday, November 30th. Dominion Energy’s dividend payout ratio (DPR) is 87.28%.
Dominion Energy Company 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.