BRYN MAWR TRUST Co Has $1.08 Million Stake in Dominion Energy Inc. (D)

BRYN MAWR TRUST Co lifted its stake in shares of Dominion Energy Inc. (NYSE:D) by 3.2% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 14,120 shares of the utilities provider’s stock after purchasing an additional 440 shares during the period. BRYN MAWR TRUST Co’s holdings in Dominion Energy were worth $1,082,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in the company. BlackRock Inc. raised its stake in shares of Dominion Energy by 3,615.9% during the 1st quarter. BlackRock Inc. now owns 45,518,516 shares of the utilities provider’s stock worth $3,530,873,000 after purchasing an additional 44,293,566 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of Dominion Energy by 3.4% during the 1st quarter. Vanguard Group Inc. now owns 43,602,368 shares of the utilities provider’s stock worth $3,382,237,000 after purchasing an additional 1,435,767 shares in the last quarter. Wellington Management Group LLP raised its stake in shares of Dominion Energy by 2.7% during the 1st quarter. Wellington Management Group LLP now owns 30,572,031 shares of the utilities provider’s stock worth $2,371,472,000 after purchasing an additional 790,484 shares in the last quarter. Federated Investors Inc. PA raised its stake in shares of Dominion Energy by 5.4% during the 2nd quarter. Federated Investors Inc. PA now owns 8,967,983 shares of the utilities provider’s stock worth $687,216,000 after purchasing an additional 461,484 shares in the last quarter. Finally, Wells Fargo & Company MN raised its stake in shares of Dominion Energy by 24.7% during the 2nd quarter. Wells Fargo & Company MN now owns 6,110,200 shares of the utilities provider’s stock worth $468,223,000 after purchasing an additional 1,209,768 shares in the last quarter. Institutional investors own 64.44% of the company’s stock.

Shares of Dominion Energy Inc. (NYSE D) opened at 77.74 on Wednesday. The company has a 50-day moving average price of $78.17 and a 200-day moving average price of $78.10. Dominion Energy Inc. has a 1-year low of $69.51 and a 1-year high of $81.65. The company has a market cap of $49.95 billion, a PE ratio of 22.50 and a beta of 0.28.

Dominion Energy (NYSE:D) last posted its quarterly earnings data on Wednesday, August 2nd. The utilities provider reported $0.67 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.66 by $0.01. Dominion Energy had a return on equity of 14.04% and a net margin of 17.48%. The business had revenue of $2.81 billion for the quarter, compared to analysts’ expectations of $2.94 billion. During the same quarter in the previous year, the firm earned $0.71 earnings per share. The business’s revenue was up 8.3% on a year-over-year basis. Equities research analysts expect that Dominion Energy Inc. will post $3.63 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 20th. Shareholders of record on Friday, September 1st were given a $0.755 dividend. The ex-dividend date was Wednesday, August 30th. This represents a $3.02 annualized dividend and a yield of 3.88%. Dominion Energy’s dividend payout ratio is currently 87.28%.

A number of equities research analysts have recently issued reports on the company. Deutsche Bank AG upped their price objective on Dominion Energy from $76.00 to $77.00 and gave the stock a “hold” rating in a research note on Thursday, August 3rd. Zacks Investment Research upgraded Dominion Energy from a “hold” rating to a “buy” rating and set a $86.00 price target on the stock in a research note on Tuesday, October 3rd. Royal Bank Of Canada restated a “hold” rating and issued a $77.00 price target on shares of Dominion Energy in a research note on Monday, August 21st. Goldman Sachs Group, Inc. (The) restated a “neutral” rating and issued a $78.00 price target on shares of Dominion Energy in a research note on Thursday, September 14th. Finally, KeyCorp restated a “hold” rating on shares of Dominion Energy in a research note on Friday, September 1st. Nine investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $80.38.

COPYRIGHT VIOLATION NOTICE: “BRYN MAWR TRUST Co Has $1.08 Million Stake in Dominion Energy Inc. (D)” was reported by Community Financial News and is owned by of Community Financial News. If you are viewing this story on another publication, it was illegally copied and republished in violation of U.S. & international copyright & trademark law. The legal version of this story can be viewed at https://www.com-unik.info/2017/10/11/bryn-mawr-trust-co-has-1-08-million-stake-in-dominion-energy-inc-d.html.

Dominion Energy Company 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)

What are top analysts saying about Dominion Energy Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Dominion Energy Inc. and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit