Cornerstone Capital Management Holdings LLC. increased its position in Dominion Energy Inc. (NYSE:D) by 2.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 128,239 shares of the utilities provider’s stock after buying an additional 2,817 shares during the quarter. Cornerstone Capital Management Holdings LLC.’s holdings in Dominion Energy were worth $9,864,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently added to or reduced their stakes in the company. Tradewinds Capital Management LLC increased its position in Dominion Energy by 0.9% during the 2nd quarter. Tradewinds Capital Management LLC now owns 1,318 shares of the utilities provider’s stock valued at $101,000 after purchasing an additional 12 shares during the period. Wsfs Capital Management LLC increased its position in Dominion Energy by 0.4% during the 2nd quarter. Wsfs Capital Management LLC now owns 2,969 shares of the utilities provider’s stock valued at $228,000 after purchasing an additional 12 shares during the period. Omnia Family Wealth LLC increased its position in Dominion Energy by 0.3% during the 2nd quarter. Omnia Family Wealth LLC now owns 4,998 shares of the utilities provider’s stock valued at $383,000 after purchasing an additional 16 shares during the period. Jackson Grant Investment Advisers Inc. increased its position in Dominion Energy by 1.0% during the 2nd quarter. Jackson Grant Investment Advisers Inc. now owns 2,197 shares of the utilities provider’s stock valued at $168,000 after purchasing an additional 21 shares during the period. Finally, Cetera Investment Advisers increased its position in Dominion Energy by 0.7% during the 2nd quarter. Cetera Investment Advisers now owns 5,704 shares of the utilities provider’s stock valued at $437,000 after purchasing an additional 37 shares during the period. 64.67% of the stock is owned by institutional investors.

In related news, Director John W. Harris sold 5,616 shares of the stock in a transaction on Friday, November 3rd. The stock was sold at an average price of $80.71, for a total value of $453,267.36. Following the transaction, the director now directly owns 18,920 shares in the company, valued at approximately $1,527,033.20. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 0.37% of the stock is owned by company insiders.

Shares of Dominion Energy Inc. (NYSE:D) traded down $0.71 during mid-day trading on Wednesday, hitting $83.43. 2,409,700 shares of the stock traded hands, compared to its average volume of 2,316,926. The firm has a market cap of $54,146.60, a P/E ratio of 22.93, a price-to-earnings-growth ratio of 4.14 and a beta of 0.29. Dominion Energy Inc. has a one year low of $70.87 and a one year high of $84.83. The company has a current ratio of 0.47, a quick ratio of 0.29 and a debt-to-equity ratio of 1.67.

Dominion Energy (NYSE:D) last announced its quarterly earnings data on Monday, October 30th. The utilities provider reported $1.04 EPS for the quarter, topping the consensus estimate of $1.02 by $0.02. The company had revenue of $3.18 billion during the quarter, compared to the consensus estimate of $3.31 billion. Dominion Energy had a net margin of 17.21% and a return on equity of 13.32%. The company’s quarterly revenue was up 1.5% on a year-over-year basis. During the same quarter last year, the firm posted $1.14 EPS. equities analysts expect that Dominion Energy Inc. will post 3.6 EPS for the current year.

The company 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 $0.77 dividend. This is a boost from Dominion Energy’s previous quarterly dividend of $0.76. This represents a $3.08 dividend on an annualized basis and a dividend yield of 3.69%. The ex-dividend date of this dividend is Thursday, November 30th. Dominion Energy’s dividend payout ratio (DPR) is currently 90.86%.

D has been the subject of a number of recent analyst reports. Bank of America raised shares of Dominion Energy from a “neutral” rating to a “buy” rating in a research report on Wednesday, November 22nd. Zacks Investment Research raised shares of Dominion Energy from a “hold” rating to a “buy” rating and set a $86.00 target price for the company in a research report on Tuesday, October 3rd. KeyCorp reissued a “hold” rating on shares of Dominion Energy in a research report on Friday, October 20th. 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. Finally, Gabelli reaffirmed a “hold” rating on shares of Dominion Energy in a research report on Wednesday, November 1st. Fourteen investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $80.70.

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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.

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

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