Dominion Energy Inc (D) Shares Bought by Community Bank N.A.
Community Bank N.A. boosted its stake in shares of Dominion Energy Inc (NYSE:D) by 18.4% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 46,227 shares of the utilities provider’s stock after acquiring an additional 7,183 shares during the period. Community Bank N.A.’s holdings in Dominion Energy were worth $3,746,000 at the end of the most recent quarter.
A number of other large investors also recently bought and sold shares of D. Janus Henderson Group PLC raised its position in Dominion Energy by 1,955.1% during the second quarter. Janus Henderson Group PLC now owns 1,672,437 shares of the utilities provider’s stock worth $128,159,000 after acquiring an additional 1,591,057 shares during the period. Vanguard Group Inc. raised its position in Dominion Energy by 2.7% during the second quarter. Vanguard Group Inc. now owns 44,796,520 shares of the utilities provider’s stock worth $3,432,756,000 after acquiring an additional 1,194,152 shares during the period. Epoch Investment Partners Inc. raised its position in shares of Dominion Energy by 24.1% in the third quarter. Epoch Investment Partners Inc. now owns 3,527,979 shares of the utilities provider’s stock valued at $271,408,000 after buying an additional 684,637 shares during the last quarter. Duff & Phelps Investment Management Co. raised its position in shares of Dominion Energy by 93.4% in the fourth quarter. Duff & Phelps Investment Management Co. now owns 1,004,263 shares of the utilities provider’s stock valued at $81,406,000 after buying an additional 485,000 shares during the last quarter. Finally, Bank of Nova Scotia raised its position in shares of Dominion Energy by 170.0% in the second quarter. Bank of Nova Scotia now owns 431,190 shares of the utilities provider’s stock valued at $33,042,000 after buying an additional 271,516 shares during the last quarter. Institutional investors own 64.61% of the company’s stock.
A number of equities research analysts recently issued reports on the stock. Zacks Investment Research lowered shares of Dominion Energy from a “buy” rating to a “hold” rating in a report on Friday, October 13th. Hilliard Lyons raised shares of Dominion Energy from a “neutral” rating to a “buy” rating and set a $86.00 price objective for the company in a report on Tuesday, January 30th. Bank of America raised shares of Dominion Energy from a “neutral” rating to a “buy” rating in a report on Wednesday, November 22nd. JPMorgan Chase & Co. raised shares of Dominion Energy from a “neutral” rating to an “overweight” rating and set a $82.00 price objective for the company in a report on Thursday, December 14th. Finally, UBS Group started coverage on shares of Dominion Energy in a research note on Friday, February 2nd. They set a “buy” rating and a $85.00 target price for the company. Eleven equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $82.09.
Dominion Energy Inc (NYSE D) opened at $74.38 on Friday. 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 Inc has a 12 month low of $71.59 and a 12 month high of $85.30. The company has a market cap of $47,870.00, a P/E ratio of 15.15, a PEG ratio of 2.80 and a beta of 0.20.
Dominion Energy (NYSE:D) last posted its quarterly earnings data on Monday, January 29th. The utilities provider reported $0.91 EPS for the quarter, beating the Thomson Reuters’ consensus estimate 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 during the quarter, compared to analyst estimates of $3.47 billion. During the same quarter last year, the firm posted $0.99 earnings per share. The business’s revenue for the quarter was up 4.0% compared to the same quarter last year. sell-side analysts expect that Dominion Energy Inc will post 4.04 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 20th. Stockholders of record on Friday, March 2nd will be paid a $0.835 dividend. This is a positive change from Dominion Energy’s previous quarterly dividend of $0.77. The ex-dividend date is Thursday, March 1st. This represents a $3.34 annualized dividend and a dividend yield of 4.49%. Dominion Energy’s dividend payout ratio (DPR) is presently 62.73%.
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About Dominion Energy
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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