Dominion Energy Inc. (D) Shares Bought by Vantage Investment Advisors LLC
Vantage Investment Advisors LLC boosted its position in shares of Dominion Energy Inc. (NYSE:D) by 11.8% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 5,118 shares of the utilities provider’s stock after purchasing an additional 540 shares during the quarter. Vantage Investment Advisors LLC’s holdings in Dominion Energy were worth $392,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Bollard Group LLC raised its holdings in shares of Dominion Energy by 0.8% in the second quarter. Bollard Group LLC now owns 1,528 shares of the utilities provider’s stock worth $117,000 after acquiring an additional 12 shares during the last quarter. Tradewinds Capital Management LLC raised its holdings in shares of Dominion Energy by 0.9% in the second quarter. Tradewinds Capital Management LLC now owns 1,318 shares of the utilities provider’s stock worth $101,000 after acquiring an additional 12 shares during the last quarter. Farmers National Bank raised its holdings in shares of Dominion Energy by 0.3% in the first quarter. Farmers National Bank now owns 4,673 shares of the utilities provider’s stock worth $347,000 after acquiring an additional 16 shares during the last quarter. Pathstone Family Office LLC raised its holdings in shares of Dominion Energy by 0.6% in the first quarter. Pathstone Family Office LLC now owns 3,199 shares of the utilities provider’s stock worth $249,000 after acquiring an additional 20 shares during the last quarter. Finally, Jackson Grant Investment Advisers Inc. raised its holdings in shares of Dominion Energy by 1.0% in the second quarter. Jackson Grant Investment Advisers Inc. now owns 2,197 shares of the utilities provider’s stock worth $168,000 after acquiring an additional 21 shares during the last quarter. Institutional investors own 64.44% of the company’s stock.
D has been the subject of a number of analyst reports. Zacks Investment Research raised Dominion Energy from a “hold” rating to a “buy” rating and set a $85.00 price target for the company in a report on Tuesday, July 11th. BidaskClub cut Dominion Energy from a “buy” rating to a “hold” rating in a report on Saturday, June 24th. Citigroup Inc. cut their price target on Dominion Energy from $78.00 to $76.00 and set a “neutral” rating for the company in a report on Wednesday, July 26th. KeyCorp reissued a “hold” rating on shares of Dominion Energy in a report on Friday, September 1st. Finally, Goldman Sachs Group, Inc. (The) reiterated a “neutral” rating and issued a $78.00 target price on shares of Dominion Energy in a research note on Thursday, September 14th. Nine research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $80.38.
Shares of Dominion Energy Inc. (D) opened at 76.87 on Thursday. Dominion Energy Inc. has a 52 week low of $69.51 and a 52 week high of $81.65. The firm has a market capitalization of $49.40 billion, a price-to-earnings ratio of 22.25 and a beta of 0.28. The firm’s 50-day moving average price is $78.33 and its 200 day moving average price is $78.13.
Dominion Energy (NYSE:D) last announced its quarterly earnings data on Wednesday, August 2nd. The utilities provider reported $0.67 earnings per share (EPS) 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 during the quarter, compared to analyst estimates of $2.94 billion. During the same period last year, the company earned $0.71 earnings per share. Dominion Energy’s quarterly revenue was up 8.3% compared to the same quarter last year. On average, analysts anticipate that Dominion Energy Inc. will post $3.63 EPS for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 20th. Investors of record on Friday, September 1st were issued a dividend of $0.755 per share. The ex-dividend date of this dividend was Wednesday, August 30th. This represents a $3.02 annualized dividend and a dividend yield of 3.93%. Dominion Energy’s dividend payout ratio is 87.28%.
COPYRIGHT VIOLATION NOTICE: This report was published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this report on another domain, it was copied illegally and republished in violation of U.S. and international copyright legislation. The legal version of this report can be read at https://www.thecerbatgem.com/2017/10/05/dominion-energy-inc-d-shares-bought-by-vantage-investment-advisors-llc.html.
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.
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).
Receive News & Stock Ratings for Dominion Energy Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dominion Energy Inc. and related stocks with our FREE daily email newsletter.