Public Employees Retirement Association of Colorado lifted its holdings in shares of Dominion Energy Inc (NYSE:D) by 7.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 119,261 shares of the utilities provider’s stock after purchasing an additional 8,408 shares during the quarter. Public Employees Retirement Association of Colorado’s holdings in Dominion Energy were worth $9,667,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in D. Magellan Asset Management Ltd increased its holdings in shares of Dominion Energy by 16.7% during the second quarter. Magellan Asset Management Ltd now owns 241,598 shares of the utilities provider’s stock worth $18,514,000 after purchasing an additional 34,589 shares during the period. Teachers Insurance & Annuity Association of America increased its holdings in shares of Dominion Energy by 22.0% during the second quarter. Teachers Insurance & Annuity Association of America now owns 168,600 shares of the utilities provider’s stock worth $12,920,000 after purchasing an additional 30,400 shares during the period. BRYN MAWR TRUST Co increased its holdings in shares of Dominion Energy by 3.2% during the second quarter. BRYN MAWR TRUST Co now owns 14,120 shares of the utilities provider’s stock worth $1,082,000 after purchasing an additional 440 shares during the period. Godsey & Gibb Associates increased its holdings in shares of Dominion Energy by 7.9% during the second quarter. Godsey & Gibb Associates now owns 8,800 shares of the utilities provider’s stock worth $674,000 after purchasing an additional 645 shares during the period. Finally, New York State Common Retirement Fund increased its holdings in shares of Dominion Energy by 2.2% during the second quarter. New York State Common Retirement Fund now owns 1,622,300 shares of the utilities provider’s stock worth $124,317,000 after purchasing an additional 35,399 shares during the period. 64.61% of the stock is currently owned by institutional investors.

Dominion Energy Inc (NYSE:D) opened at $73.76 on Thursday. The stock has a market cap of $47,769.18, a P/E ratio of 20.64, a P/E/G ratio of 2.82 and a beta of 0.20. 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 Inc has a one year low of $71.59 and a one year high of $85.30.

Dominion Energy (NYSE:D) last announced its quarterly earnings data on Monday, January 29th. The utilities provider reported $0.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.89 by $0.02. Dominion Energy had a net margin of 24.92% and a return on equity of 12.99%. The business had revenue of $3.21 billion for the quarter, compared to analysts’ expectations of $3.47 billion. During the same period last year, the firm posted $0.99 earnings per share. The firm’s quarterly revenue was up 4.0% compared to the same quarter last year. equities analysts anticipate that Dominion Energy Inc will post 4.03 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 20th. Shareholders of record on Friday, March 2nd will be given a $0.835 dividend. The ex-dividend date of this dividend is Thursday, March 1st. This represents a $3.34 dividend on an annualized basis and a yield of 4.53%. This is a positive change from Dominion Energy’s previous quarterly dividend of $0.77. Dominion Energy’s dividend payout ratio (DPR) is currently 62.73%.

Several brokerages have recently commented on D. UBS Group began coverage on shares of Dominion Energy in a report on Friday, February 2nd. They set a “buy” rating and a $85.00 target price on the stock. Bank of America decreased their price objective on shares of Dominion Energy from $80.00 to $79.00 and set a “buy” rating on the stock in a research note on Wednesday. Hilliard Lyons raised shares of Dominion Energy from a “neutral” rating to a “buy” rating and set a $86.00 price objective on the stock in a research note on Tuesday, January 30th. Gabelli reissued a “hold” rating on shares of Dominion Energy in a research note on Wednesday, November 1st. Finally, Zacks Investment Research cut shares of Dominion Energy from a “buy” rating to a “hold” rating in a research note on Thursday, January 18th. Eleven investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $82.09.

COPYRIGHT VIOLATION NOTICE: This piece of content was published by Daily Political and is the property of of Daily Political. If you are accessing this piece of content on another domain, it was illegally stolen and republished in violation of United States and international copyright and trademark law. The original version of this piece of content can be accessed at https://www.dailypolitical.com/2018/02/08/dominion-energy-inc-d-shares-bought-by-public-employees-retirement-association-of-colorado.html.

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).

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

Receive News & Ratings for Dominion Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dominion Energy and related companies with MarketBeat.com's FREE daily email newsletter.