ZWJ Investment Counsel Inc. grew its stake in shares of Dominion Energy Inc. (NYSE:D) by 6.7% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,919 shares of the utilities provider’s stock after purchasing an additional 247 shares during the quarter. ZWJ Investment Counsel Inc.’s holdings in Dominion Energy were worth $300,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the business. Blair William & Co. IL increased its position in shares of Dominion Energy by 3.9% during the 2nd quarter. Blair William & Co. IL now owns 41,531 shares of the utilities provider’s stock worth $3,182,000 after purchasing an additional 1,547 shares during the last quarter. KBC Group NV increased its position in shares of Dominion Energy by 6.2% during the 2nd quarter. KBC Group NV now owns 66,087 shares of the utilities provider’s stock worth $5,064,000 after purchasing an additional 3,850 shares during the last quarter. Douglass Winthrop Advisors LLC increased its position in shares of Dominion Energy by 12.0% during the 2nd quarter. Douglass Winthrop Advisors LLC now owns 8,375 shares of the utilities provider’s stock worth $642,000 after purchasing an additional 900 shares during the last quarter. Bridgewater Wealth & Financial Management LLC increased its position in shares of Dominion Energy by 11.3% during the 2nd quarter. Bridgewater Wealth & Financial Management LLC now owns 6,987 shares of the utilities provider’s stock worth $535,000 after purchasing an additional 710 shares during the last quarter. Finally, Allegis Investment Advisors LLC boosted its stake in shares of Dominion Energy by 3.7% during the 2nd quarter. Allegis Investment Advisors LLC now owns 27,284 shares of the utilities provider’s stock worth $2,091,000 after acquiring an additional 961 shares during the period. 64.49% of the stock is currently owned by hedge funds and other institutional investors.

Several brokerages have recently commented on D. Goldman Sachs Group, Inc. (The) reiterated a “neutral” rating and set a $78.00 target price on shares of Dominion Energy in a research note on Thursday. Royal Bank Of Canada set a $77.00 target price on Dominion Energy and gave the stock a “hold” rating in a research note on Saturday, June 3rd. Deutsche Bank AG lifted their target price on Dominion Energy from $76.00 to $77.00 and gave the stock a “hold” rating in a research note on Thursday, August 3rd. KeyCorp reiterated a “hold” rating on shares of Dominion Energy in a research note on Friday, September 1st. Finally, Zacks Investment Research upgraded Dominion Energy from a “sell” rating to a “hold” rating in a research note on Friday, August 4th. Ten analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $80.25.

Shares of Dominion Energy Inc. (D) opened at 79.50 on Friday. The company has a market capitalization of $51.09 billion, a P/E ratio of 23.01 and a beta of 0.29. Dominion Energy Inc. has a 1-year low of $69.51 and a 1-year high of $81.65. The company has a 50-day moving average price of $78.48 and a 200 day moving average price of $78.03.

Dominion Energy (NYSE:D) last released its earnings results on Wednesday, August 2nd. The utilities provider reported $0.67 earnings per share (EPS) for the quarter, topping the Zacks’ 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 during the quarter, compared to the consensus estimate of $2.94 billion. During the same period last year, the business posted $0.71 earnings per share. The business’s revenue for the quarter was up 8.3% on a year-over-year basis. Equities research analysts anticipate that Dominion Energy Inc. will post $3.64 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 20th. Shareholders of record on Friday, September 1st will be given a $0.755 dividend. This represents a $3.02 dividend on an annualized basis and a yield of 3.80%. The ex-dividend date is Wednesday, August 30th. Dominion Energy’s dividend payout ratio is currently 87.28%.

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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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