2 weeks Ago By ABMN Staff
HB Wealth Management LLC grew its position in Dominion Energy, Inc. ( NYSE:D – Free Report ) by 20.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC).
The institutional investor owned 30,427 shares of the utilities provider’s stock after purchasing an additional 5,266 shares during the period. HB Wealth Management LLC’s holdings in Dominion Energy were worth $1,491,000 as of its most recent SEC filing. A number of other institutional investors have also modified their holdings of the company.
Vanguard Group Inc. boosted its position in shares of Dominion Energy by 16.0% in the first quarter.
Vanguard Group Inc. now owns 88,355,205 shares of the utilities provider’s stock worth $4,346,193,000 after buying an additional 12,178,713 shares during the period. Price T Rowe Associates Inc.
MD grew its position in Dominion Energy by 12.9% in the first quarter. Price T Rowe Associates Inc.
MD now owns 24,494,873 shares of the utilities provider’s stock valued at $1,204,904,000 after acquiring an additional 2,801,687 shares in the last quarter. Capital Research Global Investors raised its stake in shares of Dominion Energy by 20.1% during the first quarter.
Capital Research Global Investors now owns 21,584,470 shares of the utilities provider’s stock valued at $1,061,740,000 after purchasing an additional 3,613,614 shares during the period. Wellington Management Group LLP lifted its position in shares of Dominion Energy by 13.2% during the fourth quarter.
Wellington Management Group LLP now owns 18,493,273 shares of the utilities provider’s stock worth $869,184,000 after purchasing an additional 2,153,488 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its holdings in Dominion Energy by 6.7% during the 2nd quarter.
Bank of New York Mellon Corp now owns 14,979,739 shares of the utilities provider’s stock valued at $734,007,000 after purchasing an additional 940,402 shares in the last quarter. Hedge funds and other institutional investors own 73.04% of the company’s stock.
Analysts Set New Price Targets A number of equities analysts have weighed in on D shares. Scotiabank upped their price objective on shares of Dominion Energy from $48.00 to $58.
00 and gave the company a “sector perform” rating in a research report on Tuesday, August 20th. Evercore ISI raised their price objective on Dominion Energy from $47.00 to $53.
00 and gave the company an “in-line” rating in a research note on Friday, May 3rd. BMO Capital Markets upped their target price on Dominion Energy from $53.00 to $57.
00 and gave the company a “market perform” rating in a research report on Monday, August 5th. StockNews.com raised shares of Dominion Energy from a “sell” rating to a “hold” rating in a research report on Friday, May 10th.
Finally, Mizuho upped their price target on shares of Dominion Energy from $45.00 to $52.00 and gave the company a “neutral” rating in a report on Friday, May 3rd.
Nine investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $54.
00. Dominion Energy Trading Down 0.1 % NYSE D opened at $56.
12 on Friday. The company has a debt-to-equity ratio of 1.42, a quick ratio of 0.
78 and a current ratio of 0.93. Dominion Energy, Inc.
has a one year low of $39.18 and a one year high of $57.60.
The company has a 50-day simple moving average of $52.59 and a 200-day simple moving average of $50.67.
The firm has a market capitalization of $47.01 billion, a PE ratio of 28.93, a price-to-earnings-growth ratio of 1.
51 and a beta of 0.58. Dominion Energy ( NYSE:D – Get Free Report ) last announced its quarterly earnings results on Thursday, August 1st.
The utilities provider reported $0.65 earnings per share for the quarter, topping analysts’ consensus estimates of $0.56 by $0.
09. Dominion Energy had a return on equity of 7.69% and a net margin of 11.
63%. The business had revenue of $3.49 billion for the quarter, compared to analysts’ expectations of $3.
73 billion. During the same period in the prior year, the firm earned $0.53 EPS.
The business’s quarterly revenue was up 10.1% on a year-over-year basis. On average, equities analysts forecast that Dominion Energy, Inc.
will post 2.75 earnings per share for the current year. Dominion Energy Dividend Announcement The firm also recently announced a quarterly dividend, which will be paid on Friday, September 20th.
Shareholders of record on Friday, August 30th will be paid a dividend of $0.6675 per share. This represents a $2.
67 annualized dividend and a yield of 4.76%. The ex-dividend date is Friday, August 30th.
Dominion Energy’s payout ratio is currently 137.63%. About Dominion Energy ( Free Report ) Dominion Energy, Inc produces and distributes energy in the United States.
It operates through three operating segments: Dominion Energy Virginia, Dominion Energy South Carolina, and Contracted Energy. The Dominion Energy Virginia segment generates, transmits, and distributes regulated electricity to approximately 2.8 million residential, commercial, industrial, and governmental customers in Virginia and North Carolina.
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