Chicago Partners Investment Group LLC boosted its stake in Dominion Energy Inc (NYSE:D) by 246.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,772 shares of the utilities provider’s stock after acquiring an additional 4,107 shares during the period. Chicago Partners Investment Group LLC’s holdings in Dominion Energy were worth $417,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. Dorsey & Whitney Trust CO LLC lifted its holdings in shares of Dominion Energy by 18.0% in the 3rd quarter. Dorsey & Whitney Trust CO LLC now owns 4,608 shares of the utilities provider’s stock worth $324,000 after purchasing an additional 702 shares in the last quarter. Victory Capital Management Inc. lifted its holdings in shares of Dominion Energy by 0.3% in the 2nd quarter. Victory Capital Management Inc. now owns 261,842 shares of the utilities provider’s stock worth $17,852,000 after purchasing an additional 726 shares in the last quarter. Good Life Advisors LLC lifted its holdings in shares of Dominion Energy by 6.4% in the 3rd quarter. Good Life Advisors LLC now owns 12,415 shares of the utilities provider’s stock worth $873,000 after purchasing an additional 748 shares in the last quarter. Cahill Financial Advisors Inc. lifted its holdings in shares of Dominion Energy by 17.8% in the 2nd quarter. Cahill Financial Advisors Inc. now owns 5,035 shares of the utilities provider’s stock worth $344,000 after purchasing an additional 760 shares in the last quarter. Finally, Taylor Hoffman Wealth Management lifted its holdings in shares of Dominion Energy by 1.4% in the 3rd quarter. Taylor Hoffman Wealth Management now owns 54,011 shares of the utilities provider’s stock worth $3,796,000 after purchasing an additional 767 shares in the last quarter. Institutional investors and hedge funds own 67.45% of the company’s stock.

In related news, Director John W. Harris purchased 10,000 shares of the stock in a transaction that occurred on Tuesday, August 28th. The stock was acquired at an average cost of $71.15 per share, with a total value of $711,500.00. Following the transaction, the director now owns 17,495 shares of the company’s stock, valued at approximately $1,244,769.25. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.37% of the company’s stock.

A number of equities analysts recently issued reports on D shares. Zacks Investment Research upgraded Dominion Energy from a “hold” rating to a “buy” rating and set a $80.00 target price on the stock in a report on Tuesday, September 18th. JPMorgan Chase & Co. upgraded Dominion Energy from a “neutral” rating to an “overweight” rating and set a $78.00 target price on the stock in a report on Tuesday, October 9th. Wells Fargo & Co reiterated a “hold” rating and issued a $76.00 target price (up from $73.00) on shares of Dominion Energy in a report on Monday, September 17th. ValuEngine upgraded Dominion Energy from a “sell” rating to a “hold” rating in a report on Saturday, October 6th. Finally, Barclays assumed coverage on Dominion Energy in a research report on Monday, October 22nd. They issued a “buy” rating and a $78.00 price target for the company. Seven investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Dominion Energy currently has an average rating of “Buy” and an average price target of $84.50.

NYSE D opened at $72.25 on Friday. The firm has a market capitalization of $46.63 billion, a P/E ratio of 20.07, a P/E/G ratio of 2.89 and a beta of 0.18. Dominion Energy Inc has a 12 month low of $61.53 and a 12 month high of $85.30. The company has a quick ratio of 0.36, a current ratio of 0.62 and a debt-to-equity ratio of 1.58.

Dominion Energy (NYSE:D) last released its quarterly earnings results on Thursday, November 1st. The utilities provider reported $1.15 EPS for the quarter, beating analysts’ consensus estimates of $1.13 by $0.02. The business had revenue of $3.45 billion during the quarter, compared to analyst estimates of $3.41 billion. Dominion Energy had a return on equity of 13.24% and a net margin of 24.63%. Dominion Energy’s quarterly revenue was up 8.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.04 EPS. Equities analysts expect that Dominion Energy Inc will post 4.08 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 20th. Investors of record on Friday, December 7th will be given a $0.835 dividend. This represents a $3.34 dividend on an annualized basis and a yield of 4.62%. The ex-dividend date of this dividend is Thursday, December 6th. Dominion Energy’s payout ratio is currently 92.78%.

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About Dominion Energy

Dominion Energy, Inc produces and transports energy in the United States. The company's Power Delivery segment engages in the regulated electric transmission and distribution operations that serve residential, commercial, industrial, and governmental customers in Virginia and North Carolina. Its Power Generation segment is involved in the electricity generation activities through gas, coal, nuclear, oil, renewables, biomass, hydro, solar, and power purchase agreements; and related energy supply operations.

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

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