Mcmillion Capital Management Inc. held its stake in Dominion Energy Inc. (NYSE:D) during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 3,166 shares of the utilities provider’s stock at the end of the first quarter. Mcmillion Capital Management Inc.’s holdings in Dominion Energy were worth $246,000 as of its most recent filing with the SEC.

Other hedge funds also recently bought and sold shares of the company. Bank of Montreal Can increased its position in shares of Dominion Energy by 6.8% in the first quarter. Bank of Montreal Can now owns 432,917 shares of the utilities provider’s stock worth $33,581,000 after buying an additional 27,629 shares during the period. Regentatlantic Capital LLC increased its position in shares of Dominion Energy by 1.9% in the first quarter. Regentatlantic Capital LLC now owns 8,082 shares of the utilities provider’s stock worth $627,000 after buying an additional 147 shares during the period. First National Bank of Omaha increased its position in shares of Dominion Energy by 12.3% in the first quarter. First National Bank of Omaha now owns 3,650 shares of the utilities provider’s stock worth $283,000 after buying an additional 400 shares during the period. BKD Wealth Advisors LLC increased its position in shares of Dominion Energy by 35.1% in the first quarter. BKD Wealth Advisors LLC now owns 3,581 shares of the utilities provider’s stock worth $278,000 after buying an additional 931 shares during the period. Finally, Atria Investments LLC increased its position in shares of Dominion Energy by 27.0% in the first quarter. Atria Investments LLC now owns 21,977 shares of the utilities provider’s stock worth $1,705,000 after buying an additional 4,668 shares during the period. 64.83% of the stock is owned by hedge funds and other institutional investors.

Dominion Energy Inc. (NYSE:D) traded up 0.49% during trading on Monday, reaching $77.77. 302,264 shares of the company’s stock traded hands. Dominion Energy Inc. has a 12-month low of $69.51 and a 12-month high of $81.65. The company has a 50 day moving average price of $77.07 and a 200-day moving average price of $77.23. The company has a market cap of $49.97 billion, a PE ratio of 22.51 and a beta of 0.28.

Dominion Energy (NYSE:D) last announced its quarterly earnings data on Wednesday, August 2nd. The utilities provider reported $0.67 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.66 by $0.01. Dominion Energy had a net margin of 17.48% and a return on equity of 14.04%. The business had revenue of $2.81 billion for the quarter, compared to analyst estimates of $2.94 billion. During the same period last year, the business earned $0.71 EPS. The company’s revenue was up 8.3% on a year-over-year basis. On average, equities research analysts forecast that Dominion Energy Inc. will post $3.64 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 20th. Stockholders of record on Friday, September 1st will be issued a $0.755 dividend. The ex-dividend date is Wednesday, August 30th. This represents a $3.02 dividend on an annualized basis and a dividend yield of 3.90%. Dominion Energy’s payout ratio is 87.28%.

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A number of equities analysts recently commented on D shares. Barclays PLC reissued an “overweight” rating and issued a $89.00 price objective (up previously from $80.00) on shares of Dominion Energy in a research note on Sunday, April 23rd. Morgan Stanley reduced their price objective on shares of Dominion Energy from $81.00 to $79.00 and set an “equal weight” rating for the company in a research note on Monday, May 8th. Royal Bank Of Canada set a $77.00 price objective on shares of Dominion Energy and gave the stock a “hold” rating in a research note on Saturday, June 3rd. Zacks Investment Research downgraded shares of Dominion Energy from a “hold” rating to a “sell” rating in a research note on Monday, June 12th. Finally, BidaskClub downgraded shares of Dominion Energy from a “buy” rating to a “hold” rating in a research note on Saturday, June 24th. Eight equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $80.57.

About Dominion Energy

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.

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

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