Taylor Hoffman Wealth Management lifted its stake in Dominion Energy Inc (NYSE:D) by 8.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 52,778 shares of the utilities provider’s stock after buying an additional 4,128 shares during the period. Dominion Energy comprises approximately 3.0% of Taylor Hoffman Wealth Management’s holdings, making the stock its 2nd largest holding. Taylor Hoffman Wealth Management’s holdings in Dominion Energy were worth $4,277,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of D. Benjamin Edwards Inc. acquired a new position in shares of Dominion Energy during the 2nd quarter valued at about $26,000. Manchester Financial Inc. acquired a new position in Dominion Energy in the second quarter valued at about $27,000. NuWave Investment Management LLC lifted its position in Dominion Energy by 651.0% in the second quarter. NuWave Investment Management LLC now owns 368 shares of the utilities provider’s stock valued at $28,000 after buying an additional 319 shares during the last quarter. Atwater Malick LLC acquired a new position in Dominion Energy in the third quarter valued at about $28,000. Finally, Personal Wealth Partners acquired a new position in Dominion Energy in the second quarter valued at about $36,000. 65.28% of the stock is owned by institutional investors and hedge funds.

Dominion Energy stock traded down $0.03 during mid-day trading on Friday, hitting $80.28. The company had a trading volume of 3,311,186 shares, compared to its average volume of 3,993,832. The stock has a market cap of $66.96 billion, a price-to-earnings ratio of 19.82, a PEG ratio of 4.03 and a beta of 0.22. Dominion Energy Inc has a 1 year low of $67.41 and a 1 year high of $83.73. The company has a quick ratio of 0.42, a current ratio of 0.51 and a debt-to-equity ratio of 1.20. The business has a fifty day moving average of $81.53 and a 200 day moving average of $77.81.

Dominion Energy (NYSE:D) last posted its quarterly earnings data on Friday, November 1st. The utilities provider reported $1.18 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.16 by $0.02. Dominion Energy had a return on equity of 11.65% and a net margin of 6.40%. The business had revenue of $4.27 billion during the quarter, compared to the consensus estimate of $4.51 billion. During the same period in the prior year, the company earned $1.15 earnings per share. The company’s revenue was up 23.7% compared to the same quarter last year. Equities analysts anticipate that Dominion Energy Inc will post 4.2 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 20th. Shareholders of record on Friday, December 6th will be given a $0.9175 dividend. This represents a $3.67 annualized dividend and a yield of 4.57%. Dominion Energy’s payout ratio is 90.62%.

In other news, VP Jeffrey Michael Zeiler purchased 15,112 shares of the company’s stock in a transaction dated Thursday, September 12th. The stock was acquired at an average price of $6.31 per share, for a total transaction of $95,356.72. Also, Director Michael E. Szymanczyk purchased 21,400 shares of the company’s stock in a transaction dated Friday, September 13th. The stock was purchased at an average price of $78.85 per share, with a total value of $1,687,390.00. Following the transaction, the director now owns 19,541 shares of the company’s stock, valued at $1,540,807.85. The disclosure for this purchase can be found here. Corporate insiders own 0.26% of the company’s stock.

A number of analysts have issued reports on D shares. Wolfe Research upgraded shares of Dominion Energy from a “peer perform” rating to an “outperform” rating in a research note on Thursday, August 1st. TheStreet upgraded shares of Dominion Energy from a “c+” rating to a “b-” rating in a research note on Thursday, September 19th. Credit Suisse Group upgraded shares of Dominion Energy from a “neutral” rating to an “outperform” rating in a research note on Thursday, August 1st. JPMorgan Chase & Co. cut their price target on shares of Dominion Energy from $86.00 to $85.00 and set a “neutral” rating on the stock in a research note on Tuesday, November 5th. Finally, Morgan Stanley boosted their price target on shares of Dominion Energy from $86.00 to $87.00 and gave the stock an “equal weight” rating in a research note on Thursday, October 17th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $81.45.

Dominion Energy Company Profile

Dominion Energy, Inc produces and transports energy. The company's Power Delivery segment engages in the regulated electric transmission and distribution operations that serve residential, commercial, industrial, and governmental customers in Virginia and North Carolina. Its Power Generation segment is involved in the electricity generation activities.

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

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