Rothschild Investment Corp IL raised its position in Dominion Energy Inc (NYSE:D) by 14.5% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 17,750 shares of the utilities provider’s stock after purchasing an additional 2,250 shares during the quarter. Rothschild Investment Corp IL’s holdings in Dominion Energy were worth $1,438,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in D. Cambridge Trust Co. increased its position in shares of Dominion Energy by 2.1% during the second quarter. Cambridge Trust Co. now owns 10,642 shares of the utilities provider’s stock worth $822,000 after acquiring an additional 215 shares during the period. Folger Nolan Fleming Douglas Capital Management Inc. increased its position in shares of Dominion Energy by 1.7% during the second quarter. Folger Nolan Fleming Douglas Capital Management Inc. now owns 53,841 shares of the utilities provider’s stock worth $4,163,000 after acquiring an additional 915 shares during the period. Capital Advisors Inc. OK increased its position in shares of Dominion Energy by 310.6% during the second quarter. Capital Advisors Inc. OK now owns 132,633 shares of the utilities provider’s stock worth $10,255,000 after acquiring an additional 100,333 shares during the period. Cypress Wealth Services LLC increased its position in shares of Dominion Energy by 17.3% during the second quarter. Cypress Wealth Services LLC now owns 6,062 shares of the utilities provider’s stock worth $469,000 after acquiring an additional 896 shares during the period. Finally, Cetera Advisors LLC increased its position in shares of Dominion Energy by 8.3% during the second quarter. Cetera Advisors LLC now owns 38,301 shares of the utilities provider’s stock worth $2,965,000 after acquiring an additional 2,946 shares during the period. 65.11% of the stock is currently owned by institutional investors.
In other news, Director Michael E. Szymanczyk purchased 21,400 shares of the business’s stock in a transaction that occurred on Friday, September 13th. The stock was purchased at an average cost of $78.85 per share, with a total value of $1,687,390.00. Following the completion of the acquisition, the director now directly owns 19,541 shares of the company’s stock, valued at approximately $1,540,807.85. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP Jeffrey Michael Zeiler purchased 15,112 shares of the business’s stock in a transaction that occurred on Thursday, September 12th. The shares were purchased at an average cost of $6.31 per share, with a total value of $95,356.72. Corporate insiders own 0.26% of the company’s stock.
Shares of NYSE:D traded up $0.12 on Friday, reaching $81.90. The company’s stock had a trading volume of 169,664 shares, compared to its average volume of 3,684,723. The stock’s 50-day moving average is $78.99 and its two-hundred day moving average is $76.99. Dominion Energy Inc has a 52-week low of $67.41 and a 52-week high of $81.84. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.60 and a quick ratio of 0.42. The stock has a market capitalization of $64.85 billion, a P/E ratio of 20.22, a PEG ratio of 4.03 and a beta of 0.22.
Dominion Energy (NYSE:D) last announced its earnings results on Wednesday, July 31st. The utilities provider reported $0.77 EPS for the quarter, beating analysts’ consensus estimates of $0.75 by $0.02. Dominion Energy had a net margin of 5.94% and a return on equity of 11.74%. The business had revenue of $3.97 billion during the quarter, compared to analysts’ expectations of $4.21 billion. During the same period in the prior year, the company earned $0.86 earnings per share. The business’s revenue was up 28.6% compared to the same quarter last year. Equities analysts forecast that Dominion Energy Inc will post 4.14 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which was paid on Friday, September 20th. Investors of record on Friday, September 6th were issued a dividend of $0.9175 per share. The ex-dividend date of this dividend was Thursday, September 5th. This represents a $3.67 annualized dividend and a yield of 4.48%. Dominion Energy’s dividend payout ratio is currently 90.62%.
A number of equities analysts recently commented on the stock. Wolfe Research upgraded shares of Dominion Energy from a “peer perform” rating to an “outperform” rating in a research note on Thursday, August 1st. Zacks Investment Research downgraded shares of Dominion Energy from a “hold” rating to a “sell” rating and set a $83.00 target price for the company. in a research note on Thursday, July 4th. TheStreet upgraded shares of Dominion Energy from a “c+” rating to a “b-” rating in a research note on Thursday, September 19th. Bank of America upgraded shares of Dominion Energy from an “underperform” rating to a “neutral” rating and boosted their target price for the stock from $79.00 to $80.00 in a research note on Thursday, June 13th. They noted that the move was a valuation call. Finally, Wells Fargo & Co set a $83.00 target price on shares of Dominion Energy and gave the stock a “hold” rating in a research note on Friday, August 30th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and five have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $79.64.
Dominion Energy Profile
Dominion Energy, Inc produces and transports energy. 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.
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.