3,270 Shares in Dominion Energy Inc. (D) Purchased by Ballentine Partners LLC
Ballentine Partners LLC bought a new stake in Dominion Energy Inc. (NYSE:D) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 3,270 shares of the company’s stock, valued at approximately $251,000.
Several other hedge funds also recently bought and sold shares of D. Tradewinds Capital Management LLC lifted its holdings in Dominion Energy by 0.9% during the second quarter. Tradewinds Capital Management LLC now owns 1,318 shares of the company’s stock worth $101,000 after acquiring an additional 12 shares during the period. MPS Loria Financial Planners LLC bought a new stake in Dominion Energy during the second quarter worth $103,000. Tortoise Capital Advisors L.L.C. lifted its holdings in Dominion Energy by 336.3% during the second quarter. Tortoise Capital Advisors L.L.C. now owns 1,396 shares of the company’s stock worth $107,000 after acquiring an additional 1,076 shares during the period. Pacad Investment Ltd. bought a new stake in Dominion Energy during the second quarter worth $107,000. Finally, Enterprise Financial Services Corp lifted its holdings in Dominion Energy by 5.8% during the second quarter. Enterprise Financial Services Corp now owns 1,456 shares of the company’s stock worth $112,000 after acquiring an additional 80 shares during the period. Institutional investors own 64.27% of the company’s stock.
A number of research firms have issued reports on D. J P Morgan Chase & Co raised their target price on Dominion Energy from $78.00 to $82.00 and gave the stock a “neutral” rating in a research report on Thursday, October 12th. Zacks Investment Research downgraded Dominion Energy from a “hold” rating to a “sell” rating in a research report on Tuesday, July 18th. Gabelli reissued a “hold” rating on shares of Dominion Energy in a research report on Wednesday, November 1st. KeyCorp reissued a “hold” rating on shares of Dominion Energy in a research report on Friday, September 1st. Finally, Citigroup Inc. raised their target price on Dominion Energy from $76.00 to $78.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 17th. Fifteen analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of C$80.70.
In other Dominion Energy news, Director John W. Harris sold 5,616 shares of Dominion Energy stock in a transaction dated Friday, November 3rd. The stock was sold at an average price of C$80.71, for a total transaction of C$453,267.36. Following the completion of the sale, the director now owns 18,920 shares of the company’s stock, valued at C$1,527,033.20. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.37% of the stock is owned by insiders.
Dominion Energy Inc. (NYSE:D) traded up C$0.55 during trading on Monday, reaching C$81.36. The company had a trading volume of 542,012 shares, compared to its average volume of 2,348,881. Dominion Energy Inc. has a twelve month low of C$69.51 and a twelve month high of C$82.13. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.29 and a current ratio of 0.47. The stock has a market capitalization of $52,220.00, a PE ratio of 22.02, a price-to-earnings-growth ratio of 3.92 and a beta of 0.29.
Dominion Energy (NYSE:D) last posted its earnings results on Monday, October 30th. The company reported C$1.04 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of C$1.02 by C$0.02. Dominion Energy had a return on equity of 13.32% and a net margin of 17.21%. The business had revenue of C$3.18 billion during the quarter, compared to analysts’ expectations of C$3.31 billion. During the same period in the previous year, the business earned $1.14 earnings per share. The firm’s revenue was up 1.5% on a year-over-year basis. equities research analysts predict that Dominion Energy Inc. will post 3.61 EPS for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 20th. Investors of record on Friday, December 1st will be given a dividend of $0.77 per share. This represents a $3.08 annualized dividend and a yield of 3.79%. This is a boost from Dominion Energy’s previous quarterly dividend of $0.76. The ex-dividend date of this dividend is Thursday, November 30th. Dominion Energy’s payout ratio is presently 89.09%.
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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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