Employers Holdings Inc. bought a new stake in shares of Dominion Energy Inc (NYSE:D) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 1,900 shares of the utilities provider’s stock, valued at approximately $147,000.
Several other large investors have also recently bought and sold shares of D. Interactive Financial Advisors purchased a new stake in shares of Dominion Energy during the first quarter valued at approximately $26,000. Mark Sheptoff Financial Planning LLC boosted its holdings in Dominion Energy by 133.3% in the first quarter. Mark Sheptoff Financial Planning LLC now owns 350 shares of the utilities provider’s stock worth $27,000 after purchasing an additional 200 shares during the last quarter. Manchester Financial Inc. purchased a new stake in Dominion Energy in the second quarter worth approximately $27,000. NuWave Investment Management LLC boosted its holdings in Dominion Energy by 651.0% in the second quarter. NuWave Investment Management LLC now owns 368 shares of the utilities provider’s stock worth $28,000 after purchasing an additional 319 shares during the last quarter. Finally, Rocky Mountain Advisers LLC purchased a new stake in Dominion Energy in the first quarter worth approximately $31,000. Hedge funds and other institutional investors own 63.99% of the company’s stock.
Several brokerages recently issued reports on D. KeyCorp began coverage on shares of Dominion Energy in a report on Tuesday, June 4th. They issued a “sector weight” rating on the stock. TheStreet cut shares of Dominion Energy from a “b” rating to a “c+” rating in a report on Friday, May 3rd. Morgan Stanley began coverage on shares of Dominion Energy in a report on Wednesday, August 7th. They issued an “equal weight” rating and a $81.00 target price on the stock. Zacks Investment Research cut shares of Dominion Energy from a “hold” rating to a “sell” rating and set a $83.00 target price on the stock. in a report on Thursday, July 4th. Finally, ValuEngine cut shares of Dominion Energy from a “buy” rating to a “hold” rating in a report on Wednesday, June 12th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and five have given a buy rating to the stock. Dominion Energy has a consensus rating of “Hold” and a consensus target price of $79.08.
D traded down $0.19 during trading on Friday, hitting $76.86. The company’s stock had a trading volume of 3,503,100 shares, compared to its average volume of 4,342,584. The company has a quick ratio of 0.42, a current ratio of 0.60 and a debt-to-equity ratio of 1.38. Dominion Energy Inc has a one year low of $67.41 and a one year high of $79.47. The firm has a market cap of $60.52 billion, a PE ratio of 18.98, a P/E/G ratio of 3.76 and a beta of 0.25. The business’s 50 day simple moving average is $76.39 and its 200-day simple moving average is $75.77.
Dominion Energy (NYSE:D) last released its quarterly earnings results on Wednesday, July 31st. The utilities provider reported $0.77 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.75 by $0.02. Dominion Energy had a net margin of 5.94% and a return on equity of 11.74%. The business had revenue of $3.97 billion for the quarter, compared to the consensus estimate of $4.21 billion. During the same period last year, the firm earned $0.86 earnings per share. The company’s quarterly revenue was up 28.6% on a year-over-year basis. Equities research analysts expect that Dominion Energy Inc will post 4.14 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, September 20th. Shareholders of record on Friday, September 6th will be given a $0.9175 dividend. The ex-dividend date of this dividend is Thursday, September 5th. This represents a $3.67 annualized dividend and a yield of 4.77%. Dominion Energy’s payout ratio is presently 90.62%.
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.
Featured Article: Moving Average – How it Helps Investors in Stock Selection
Want to see what other hedge funds are holding D? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dominion Energy Inc (NYSE:D).
Receive News & Ratings for Dominion Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dominion Energy and related companies with MarketBeat.com's FREE daily email newsletter.