FUKOKU MUTUAL LIFE INSURANCE Co held its stake in Dominion Energy Inc. (NYSE:D) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,170 shares of the utilities provider’s stock at the close of the 2nd quarter. FUKOKU MUTUAL LIFE INSURANCE Co’s holdings in Dominion Energy were worth $243,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the stock. Waldron LP bought a new stake in Dominion Energy during the first quarter valued at about $236,000. Advantage Investment Management LLC boosted its holdings in Dominion Energy by 247.7% during the first quarter. Advantage Investment Management LLC now owns 1,582 shares of the utilities provider’s stock valued at $123,000 after acquiring an additional 1,127 shares during the period. Parametric Portfolio Associates LLC boosted its holdings in Dominion Energy by 2.4% during the first quarter. Parametric Portfolio Associates LLC now owns 1,031,960 shares of the utilities provider’s stock valued at $80,049,000 after acquiring an additional 24,486 shares during the period. Sawtooth Solutions LLC boosted its holdings in Dominion Energy by 83.7% during the first quarter. Sawtooth Solutions LLC now owns 12,140 shares of the utilities provider’s stock valued at $942,000 after acquiring an additional 5,533 shares during the period. Finally, Ashfield Capital Partners LLC boosted its holdings in Dominion Energy by 57.6% during the first quarter. Ashfield Capital Partners LLC now owns 4,839 shares of the utilities provider’s stock valued at $375,000 after acquiring an additional 1,768 shares during the period. Hedge funds and other institutional investors own 64.43% of the company’s stock.

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Shares of Dominion Energy Inc. (NYSE D) opened at 79.95 on Friday. 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 of $78.03 and a 200 day moving average of $78.15. The company has a market cap of $51.37 billion, a PE ratio of 23.14 and a beta of 0.28.

Dominion Energy (NYSE:D) last announced its earnings results on Wednesday, August 2nd. The utilities provider reported $0.67 EPS for the quarter, topping 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%. Dominion Energy’s revenue was up 8.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.71 EPS. Equities analysts expect that Dominion Energy Inc. will post $3.61 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 20th. Investors of record on Friday, December 1st will be issued a dividend of $0.77 per share. This is an increase from Dominion Energy’s previous quarterly dividend of $0.76. The ex-dividend date is Thursday, November 30th. This represents a $3.08 annualized dividend and a dividend yield of 3.85%. Dominion Energy’s payout ratio is presently 87.28%.

A number of research firms have issued reports on D. J P Morgan Chase & Co upped their price target on shares of Dominion Energy from $78.00 to $82.00 and gave the company a “neutral” rating in a report on Thursday, October 12th. Zacks Investment Research cut shares of Dominion Energy from a “hold” rating to a “sell” rating in a report on Tuesday, July 18th. BidaskClub cut shares of Dominion Energy from a “buy” rating to a “hold” rating in a report on Saturday, June 24th. KeyCorp restated a “hold” rating on shares of Dominion Energy in a report on Friday, September 1st. Finally, Citigroup Inc. upped their price target on shares of Dominion Energy from $76.00 to $78.00 and gave the company a “neutral” rating in a report on Tuesday. Eleven equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $80.78.

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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