Dominion Energy Inc. (D) Position Boosted by Fiduciary Financial Services of The Southwest Inc. TX
Fiduciary Financial Services of The Southwest Inc. TX raised its holdings in shares of Dominion Energy Inc. (NYSE:D) by 5.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 40,119 shares of the utilities provider’s stock after buying an additional 1,941 shares during the quarter. Fiduciary Financial Services of The Southwest Inc. TX’s holdings in Dominion Energy were worth $3,074,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors have also bought and sold shares of the company. Tradewinds Capital Management LLC grew its position in Dominion Energy by 1.0% during the first quarter. Tradewinds Capital Management LLC now owns 1,306 shares of the utilities provider’s stock worth $101,000 after buying an additional 13 shares in the last quarter. Enterprise Financial Services Corp grew its position in Dominion Energy by 62.6% during the first quarter. Enterprise Financial Services Corp now owns 1,376 shares of the utilities provider’s stock worth $107,000 after buying an additional 530 shares in the last quarter. Tortoise Capital Advisors L.L.C. grew its position in Dominion Energy by 336.3% during the second quarter. Tortoise Capital Advisors L.L.C. now owns 1,396 shares of the utilities provider’s stock worth $107,000 after buying an additional 1,076 shares in the last quarter. Clean Yield Group purchased a new position in Dominion Energy during the first quarter worth about $117,000. Finally, Bollard Group LLC grew its position in Dominion Energy by 0.8% during the second quarter. Bollard Group LLC now owns 1,528 shares of the utilities provider’s stock worth $117,000 after buying an additional 12 shares in the last quarter. Institutional investors and hedge funds own 64.49% of the company’s stock.
Dominion Energy Inc. (D) opened at 78.07 on Thursday. The stock has a market capitalization of $50.17 billion, a PE ratio of 22.60 and a beta of 0.29. The stock has a 50 day moving average price of $78.31 and a 200-day moving average price of $78.00. Dominion Energy Inc. has a 12-month low of $69.51 and a 12-month high of $81.65.
Dominion Energy (NYSE:D) last issued 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. The firm had revenue of $2.81 billion during the quarter, compared to analyst estimates of $2.94 billion. Dominion Energy had a return on equity of 14.04% and a net margin of 17.48%. The business’s quarterly revenue was up 8.3% compared to the same quarter last year. During the same quarter last year, the business posted $0.71 earnings per share. On average, equities analysts anticipate that Dominion Energy Inc. will post $3.64 earnings per share 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 given a dividend of $0.755 per share. The ex-dividend date is Wednesday, August 30th. This represents a $3.02 dividend on an annualized basis and a dividend yield of 3.87%. Dominion Energy’s payout ratio is 87.28%.
Several research firms recently commented on D. Royal Bank Of Canada set a $77.00 target price on Dominion Energy and gave the stock a “hold” rating in a research report on Saturday, June 3rd. Deutsche Bank AG boosted their target price on Dominion Energy from $76.00 to $77.00 and gave the stock a “hold” rating in a research report on Thursday, August 3rd. Zacks Investment Research cut Dominion Energy from a “hold” rating to a “sell” rating in a report on Tuesday, July 18th. Citigroup Inc. cut their price objective on Dominion Energy from $78.00 to $76.00 and set a “neutral” rating for the company in a report on Wednesday, July 26th. Finally, KeyCorp reiterated a “hold” rating on shares of Dominion Energy in a report on Friday, September 1st. Nine analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Dominion Energy has a consensus rating of “Hold” and a consensus price target of $80.57.
Dominion Energy 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.
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