Hartford Investment Management Co. raised its position in Dominion Energy Inc. (NYSE:D) by 1.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 149,717 shares of the utilities provider’s stock after buying an additional 1,682 shares during the quarter. Hartford Investment Management Co.’s holdings in Dominion Energy were worth $11,518,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Bollard Group LLC grew its holdings in shares of Dominion Energy by 0.8% during the 2nd quarter. Bollard Group LLC now owns 1,528 shares of the utilities provider’s stock valued at $117,000 after purchasing an additional 12 shares during the last quarter. Tradewinds Capital Management LLC grew its holdings in shares of Dominion Energy by 0.9% during the 2nd quarter. Tradewinds Capital Management LLC now owns 1,318 shares of the utilities provider’s stock valued at $101,000 after purchasing an additional 12 shares during the last quarter. Wsfs Capital Management LLC grew its holdings in shares of Dominion Energy by 0.4% during the 2nd quarter. Wsfs Capital Management LLC now owns 2,969 shares of the utilities provider’s stock valued at $228,000 after purchasing an additional 12 shares during the last quarter. Farmers National Bank grew its holdings in shares of Dominion Energy by 0.3% during the 1st quarter. Farmers National Bank now owns 4,673 shares of the utilities provider’s stock valued at $347,000 after purchasing an additional 16 shares during the last quarter. Finally, Omnia Family Wealth LLC grew its holdings in shares of Dominion Energy by 0.3% during the 2nd quarter. Omnia Family Wealth LLC now owns 4,998 shares of the utilities provider’s stock valued at $383,000 after purchasing an additional 16 shares during the last quarter. 64.67% of the stock is currently owned by hedge funds and other institutional investors.

Dominion Energy Inc. (NYSE:D) opened at $84.00 on Thursday. The stock has a market cap of $54,017.89, a P/E ratio of 22.87, a PEG ratio of 4.13 and a beta of 0.29. Dominion Energy Inc. has a 1 year low of $70.87 and a 1 year high of $84.34. The company has a debt-to-equity ratio of 1.67, a current ratio of 0.47 and a quick ratio of 0.29.

Dominion Energy (NYSE:D) last issued its quarterly earnings results on Monday, October 30th. The utilities provider reported $1.04 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.02 by $0.02. The firm had revenue of $3.18 billion for the quarter, compared to the consensus estimate of $3.31 billion. Dominion Energy had a net margin of 17.21% and a return on equity of 13.32%. The company’s revenue for the quarter was up 1.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.14 EPS. equities research analysts forecast that Dominion Energy Inc. will post 3.6 earnings per share 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 given a $0.77 dividend. The ex-dividend date of this dividend is Thursday, November 30th. This represents a $3.08 dividend on an annualized basis and a dividend yield of 3.67%. This is an increase from Dominion Energy’s previous quarterly dividend of $0.76. Dominion Energy’s payout ratio is 89.09%.

In other news, Director John W. Harris sold 5,616 shares of the business’s stock in a transaction that occurred on Friday, November 3rd. The shares were sold at an average price of $80.71, for a total value of $453,267.36. Following the transaction, the director now owns 18,920 shares in the company, valued at approximately $1,527,033.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.37% of the stock is currently owned by insiders.

D has been the topic of several recent research reports. J P Morgan Chase & Co lifted their target price on shares of Dominion Energy from $78.00 to $82.00 and gave the stock a “neutral” rating in a research report on Thursday, October 12th. Zacks Investment Research upgraded shares of Dominion Energy from a “hold” rating to a “buy” rating and set a $86.00 target price on the stock in a research report on Tuesday, October 3rd. KeyCorp reiterated a “hold” rating on shares of Dominion Energy in a research report on Friday, October 20th. Goldman Sachs Group reiterated a “neutral” rating and set a $78.00 target price on shares of Dominion Energy in a research report on Thursday, September 14th. Finally, Bank of America initiated coverage on shares of Dominion Energy in a research report on Tuesday, October 24th. They set a “neutral” rating and a $80.00 target price on the stock. Fourteen equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $80.70.

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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.

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

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