Dominion Energy Inc. (D) Shares Bought by Caisse DE Depot ET Placement DU Quebec
Caisse DE Depot ET Placement DU Quebec boosted its stake in shares of Dominion Energy Inc. (NYSE:D) by 18.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 287,300 shares of the utilities provider’s stock after acquiring an additional 44,100 shares during the quarter. Caisse DE Depot ET Placement DU Quebec’s holdings in Dominion Energy were worth $22,195,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors also recently bought and sold shares of the company. Tradewinds Capital Management LLC lifted its position in Dominion Energy by 0.9% during the 2nd quarter. Tradewinds Capital Management LLC now owns 1,318 shares of the utilities provider’s stock worth $101,000 after acquiring an additional 12 shares during the period. MPS Loria Financial Planners LLC acquired a new stake in Dominion Energy during the 2nd quarter worth approximately $103,000. Johnson Financial Group Inc. lifted its position in Dominion Energy by 146.8% during the 3rd quarter. Johnson Financial Group Inc. now owns 1,345 shares of the utilities provider’s stock worth $103,000 after acquiring an additional 800 shares during the period. Tortoise Capital Advisors L.L.C. lifted its position 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 acquiring an additional 1,076 shares during the period. Finally, Pacad Investment Ltd. purchased a new position in shares of Dominion Energy during the 2nd quarter worth approximately $107,000. 64.68% of the stock is owned by institutional investors.
Dominion Energy Inc. (D) traded up $0.41 during midday trading on Thursday, reaching $83.53. The company had a trading volume of 1,709,800 shares, compared to its average volume of 2,322,935. Dominion Energy Inc. has a 12-month low of $70.87 and a 12-month high of $84.47. The stock has a market cap of $53,490.20, a P/E ratio of 22.65, a P/E/G ratio of 4.09 and a beta of 0.29. The company has a quick ratio of 0.29, a current ratio of 0.47 and a debt-to-equity ratio of 1.67.
Dominion Energy (NYSE:D) last released its quarterly earnings data on Monday, October 30th. The utilities provider reported $1.04 earnings per share for the quarter, beating the consensus estimate of $1.02 by $0.02. Dominion Energy had a return on equity of 13.32% and a net margin of 17.21%. The firm had revenue of $3.18 billion during the quarter, compared to the consensus estimate of $3.31 billion. During the same period last year, the business posted $1.14 EPS. Dominion Energy’s quarterly revenue was up 1.5% on a year-over-year basis. equities research analysts anticipate that Dominion Energy Inc. will post 3.6 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 20th. Investors 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 annualized dividend and a yield of 3.69%. The ex-dividend date is Thursday, November 30th. Dominion Energy’s dividend payout ratio (DPR) is presently 90.86%.
A number of equities analysts have recently issued reports on D shares. Royal Bank Of Canada reissued a “hold” rating and set a $77.00 target price on shares of Dominion Energy in a research note on Monday, August 21st. KeyCorp reissued a “hold” rating on shares of Dominion Energy in a research note on Friday, September 1st. Goldman Sachs Group reissued a “neutral” rating and set a $78.00 target price on shares of Dominion Energy in a research note on Thursday, September 14th. Zacks Investment Research raised Dominion Energy from a “hold” rating to a “buy” rating and set a $86.00 target price for the company in a research note on Tuesday, October 3rd. Finally, National Bank Financial downgraded Dominion Energy from an “outperfrom under weight” rating to a “sector perform” rating in a research note on Wednesday, October 4th. Fourteen equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $80.70.
In related news, Director John W. Harris sold 5,616 shares of the firm’s stock in a transaction that occurred on Friday, November 3rd. The stock was sold at an average price of $80.71, for a total value of $453,267.36. Following the completion of the transaction, the director now directly owns 18,920 shares of the company’s stock, valued at approximately $1,527,033.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.37% of the company’s stock.
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.
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