Fort Washington Investment Advisors Inc. OH grew its position in Dominion Energy Inc. (NYSE:D) by 2.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 83,131 shares of the utilities provider’s stock after acquiring an additional 1,721 shares during the quarter. Fort Washington Investment Advisors Inc. OH’s holdings in Dominion Energy were worth $6,370,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Tradewinds Capital Management LLC increased its stake in Dominion Energy by 0.9% in the 2nd quarter. Tradewinds Capital Management LLC now owns 1,318 shares of the utilities provider’s stock worth $101,000 after buying an additional 12 shares during the period. Tortoise Capital Advisors L.L.C. increased its stake in Dominion Energy by 336.3% in the 2nd 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 during the period. Pacad Investment Ltd. purchased a new position in Dominion Energy in the 2nd quarter worth about $107,000. Enterprise Financial Services Corp increased its stake in Dominion Energy by 5.8% in the 2nd quarter. Enterprise Financial Services Corp now owns 1,456 shares of the utilities provider’s stock worth $112,000 after buying an additional 80 shares during the period. Finally, Monroe Bank & Trust MI increased its stake in Dominion Energy by 36.1% in the 2nd quarter. Monroe Bank & Trust MI now owns 1,507 shares of the utilities provider’s stock worth $116,000 after buying an additional 400 shares during the period. 64.44% of the stock is currently owned by institutional investors and hedge funds.

Shares of Dominion Energy Inc. (D) opened at 76.81 on Friday. The company has a market capitalization of $49.36 billion, a PE ratio of 22.23 and a beta of 0.28. Dominion Energy Inc. has a 12-month low of $69.51 and a 12-month high of $81.65. The stock has a 50 day moving average of $78.26 and a 200-day moving average of $78.12.

Dominion Energy (NYSE:D) last posted its quarterly earnings data on Wednesday, August 2nd. The utilities provider reported $0.67 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.66 by $0.01. The business had revenue of $2.81 billion during the quarter, compared to the consensus estimate of $2.94 billion. Dominion Energy had a return on equity of 14.04% and a net margin of 17.48%. The company’s revenue was up 8.3% compared to the same quarter last year. During the same period in the prior year, the company earned $0.71 earnings per share. Analysts predict that Dominion Energy Inc. will post $3.63 earnings per share for the current fiscal year.

The business also recently declared 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. This represents a $3.02 annualized dividend and a dividend yield of 3.93%. The ex-dividend date of this dividend was Wednesday, August 30th. Dominion Energy’s dividend payout ratio is presently 87.28%.

Several research firms recently commented on D. Deutsche Bank AG raised their price target on shares of Dominion Energy from $76.00 to $77.00 and gave the stock a “hold” rating in a research note on Thursday, August 3rd. Zacks Investment Research raised shares of Dominion Energy from a “hold” rating to a “buy” rating and set a $86.00 price target on the stock in a research note on Tuesday, October 3rd. Royal Bank Of Canada reaffirmed a “hold” rating and issued a $77.00 price target on shares of Dominion Energy in a research note on Monday, August 21st. Goldman Sachs Group, Inc. (The) reiterated a “neutral” rating and set a $78.00 target price on shares of Dominion Energy in a report on Thursday, September 14th. Finally, KeyCorp reiterated a “hold” rating on shares of Dominion Energy in a report on Friday, September 1st. Nine equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Dominion Energy has a consensus rating of “Hold” and an average target price of $80.38.

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

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