Cable Hill Partners LLC raised its holdings in shares of Dominion Energy Inc. (NYSE:D) by 9,656.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,927 shares of the utilities provider’s stock after purchasing an additional 2,897 shares during the quarter. Cable Hill Partners LLC’s holdings in Dominion Energy were worth $225,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Bremer Trust National Association lifted its holdings in Dominion Energy by 20.0% during the third quarter. Bremer Trust National Association now owns 4,369 shares of the utilities provider’s stock valued at $336,000 after purchasing an additional 727 shares during the last quarter. Victory Capital Management Inc. lifted its holdings in shares of Dominion Energy by 23.9% in the third quarter. Victory Capital Management Inc. now owns 154,519 shares of the utilities provider’s stock worth $11,887,000 after buying an additional 29,846 shares in the last quarter. OLD National Bancorp IN lifted its holdings in shares of Dominion Energy by 36.0% in the third quarter. OLD National Bancorp IN now owns 10,227 shares of the utilities provider’s stock worth $787,000 after buying an additional 2,707 shares in the last quarter. Crossmark Global Holdings Inc. purchased a new stake in shares of Dominion Energy in the third quarter worth about $4,139,000. Finally, Parkside Financial Bank & Trust lifted its holdings in shares of Dominion Energy by 183.2% in the third quarter. Parkside Financial Bank & Trust now owns 1,546 shares of the utilities provider’s stock worth $119,000 after buying an additional 1,000 shares in the last quarter. 64.41% of the stock is currently owned by institutional investors and hedge funds.
Shares of Dominion Energy Inc. (NYSE:D) opened at $80.67 on Friday. The company has a market cap of $52.02 billion, a price-to-earnings ratio of 22.03, a P/E/G ratio of 3.92 and a beta of 0.29. The company has a debt-to-equity ratio of 1.67, a current ratio of 0.47 and a quick ratio of 0.26.
Dominion Energy (NYSE:D) last announced its quarterly earnings results on Monday, October 30th. The utilities provider reported $1.04 EPS for the quarter, topping analysts’ consensus estimates of $1.02 by $0.02. Dominion Energy had a return on equity of 13.32% and a net margin of 17.21%. The company had revenue of $3.18 billion during the quarter, compared to analyst estimates of $3.31 billion. During the same quarter last year, the firm posted $1.14 earnings per share. The firm’s revenue was up 1.5% on a year-over-year basis. analysts anticipate that Dominion Energy Inc. will post 3.61 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 20th. Investors of record on Friday, December 1st will be paid a $0.77 dividend. This is a positive change from Dominion Energy’s previous quarterly dividend of $0.76. The ex-dividend date is Thursday, November 30th. This represents a $3.08 dividend on an annualized basis and a yield of 3.82%. Dominion Energy’s dividend payout ratio (DPR) is presently 89.09%.
A number of brokerages have recently issued reports on D. Gabelli reissued a “hold” rating on shares of Dominion Energy in a report on Wednesday. Deutsche Bank AG upped their price objective on shares of Dominion Energy from $76.00 to $77.00 and gave the stock a “hold” rating in a research report on Thursday, August 3rd. KeyCorp restated a “hold” rating on shares of Dominion Energy in a research report on Friday, October 20th. Zacks Investment Research upgraded shares of Dominion Energy from a “sell” rating to a “hold” rating in a research report on Friday, August 4th. Finally, Royal Bank Of Canada restated a “hold” rating and issued a $77.00 price objective on shares of Dominion Energy in a research report on Monday, August 21st. Thirteen research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $80.70.
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.
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.