UMB Bank N A MO cut its holdings in shares of Dominion Energy Inc. (NYSE:D) by 1.8% during the fourth quarter, HoldingsChannel reports. The firm owned 81,843 shares of the utilities provider’s stock after selling 1,488 shares during the period. UMB Bank N A MO’s holdings in Dominion Energy were worth $6,635,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the company. MPS Loria Financial Planners LLC acquired a new position in shares of Dominion Energy in the 2nd quarter valued at $103,000. Johnson Financial Group Inc. increased its position in shares of Dominion Energy by 146.8% in the 3rd quarter. Johnson Financial Group Inc. now owns 1,345 shares of the utilities provider’s stock valued at $103,000 after acquiring an additional 800 shares during the period. Pacad Investment Ltd. acquired a new position in shares of Dominion Energy in the 2nd quarter valued at $107,000. Monroe Bank & Trust MI increased its position in shares of Dominion Energy by 36.1% in the 2nd quarter. Monroe Bank & Trust MI now owns 1,507 shares of the utilities provider’s stock valued at $116,000 after acquiring an additional 400 shares during the period. Finally, Parkside Financial Bank & Trust increased its position in shares of Dominion Energy by 183.2% in the 3rd quarter. Parkside Financial Bank & Trust now owns 1,546 shares of the utilities provider’s stock valued at $119,000 after acquiring an additional 1,000 shares during the period. 64.52% of the stock is currently owned by institutional investors and hedge funds.

Shares of Dominion Energy Inc. (NYSE D) opened at $74.89 on Tuesday. The firm has a market capitalization of $48,190.00, a PE ratio of 22.09, a price-to-earnings-growth ratio of 2.93 and a beta of 0.30. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.29 and a current ratio of 0.47. Dominion Energy Inc. has a 12-month low of $70.87 and a 12-month high of $85.30.

Dominion Energy (NYSE:D) last announced its quarterly earnings results on Monday, October 30th. The utilities provider reported $1.04 earnings per share for the quarter, topping the consensus estimate of $1.02 by $0.02. The company had revenue of $3.18 billion for the quarter, compared to the consensus estimate of $3.31 billion. Dominion Energy had a return on equity of 13.32% and a net margin of 17.21%. The firm’s revenue for the quarter was up 1.5% compared to the same quarter last year. During the same period last year, the firm earned $1.14 EPS. equities analysts anticipate that Dominion Energy Inc. will post 3.58 earnings per share for the current fiscal year.

In other news, Director John W. Harris sold 5,616 shares of the stock in a transaction dated Friday, November 3rd. The shares were sold at an average price of $80.71, for a total transaction of $453,267.36. Following the sale, 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 filing with the SEC, which is available at this hyperlink. 0.37% of the stock is currently owned by company insiders.

Several equities analysts recently issued reports on the company. Zacks Investment Research downgraded Dominion Energy from a “buy” rating to a “hold” rating in a research report on Thursday, January 18th. Bank of America set a $87.00 target price on Dominion Energy and gave the company a “buy” rating in a research report on Wednesday, January 3rd. JPMorgan Chase & Co. raised Dominion Energy from a “neutral” rating to an “overweight” rating and set a $82.00 price target on the stock in a research report on Thursday, December 14th. Morgan Stanley increased their price target on Dominion Energy from $85.00 to $87.00 and gave the stock an “equal weight” rating in a research report on Wednesday, December 13th. Finally, Gabelli reaffirmed a “hold” rating on shares of Dominion Energy in a research report on Wednesday, November 1st. Eleven research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $82.10.

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

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