Wsfs Capital Management LLC boosted its stake in Dominion Energy Inc. (NYSE:D) by 0.4% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 2,969 shares of the utilities provider’s stock after purchasing an additional 12 shares during the period. Wsfs Capital Management LLC’s holdings in Dominion Energy were worth $228,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. Tradewinds Capital Management LLC boosted its position 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 valued at $101,000 after buying an additional 12 shares during the period. Tortoise Capital Advisors L.L.C. boosted its position 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 valued at $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 valued at approximately $107,000. Enterprise Financial Services Corp boosted its position 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 valued at $112,000 after buying an additional 80 shares during the period. Finally, Monroe Bank & Trust MI boosted its position 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 valued at $116,000 after buying an additional 400 shares during the period. Hedge funds and other institutional investors own 64.44% of the company’s stock.

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Dominion Energy (NYSE:D) last announced its earnings results on Wednesday, August 2nd. The utilities provider reported $0.67 earnings per share for the quarter, beating the 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 net margin of 17.48% and a return on equity of 14.04%. The business’s quarterly revenue was up 8.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.71 earnings per share.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 20th. Stockholders of record on Friday, December 1st will be paid a $0.77 dividend. This is an increase from Dominion Energy’s previous quarterly dividend of $0.76. This represents a $3.08 annualized dividend and a dividend yield of 3.92%. Dominion Energy’s dividend payout ratio is 87.28%.

Several equities research analysts have recently issued reports on the stock. J P Morgan Chase & Co lifted their price objective on shares of Dominion Energy from $78.00 to $82.00 and gave the stock a “neutral” rating in a research report on Thursday. Zacks Investment Research raised shares of Dominion Energy from a “hold” rating to a “buy” rating and set a $86.00 price objective for the company in a research report on Tuesday, October 3rd. Goldman Sachs Group, Inc. (The) reaffirmed a “neutral” rating and set a $78.00 price objective on shares of Dominion Energy in a research report on Thursday, September 14th. KeyCorp reaffirmed a “hold” rating on shares of Dominion Energy in a research report on Friday, September 1st. Finally, Royal Bank Of Canada reaffirmed a “hold” rating and set a $77.00 price objective on shares of Dominion Energy in a research report on Monday, August 21st. Ten research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Dominion Energy currently has a consensus rating of “Hold” and an average target price of $80.56.

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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