Dominion Energy Inc (NYSE:D) VP Jeffrey Michael Zeiler purchased 15,112 shares of the stock in a transaction on Thursday, September 12th. The stock was acquired at an average price of $6.31 per share, for a total transaction of $95,356.72.
Shares of Dominion Energy stock traded down $0.10 during trading on Friday, hitting $80.82. 21,429 shares of the stock were exchanged, compared to its average volume of 3,104,442. The stock has a market capitalization of $63.49 billion, a price-to-earnings ratio of 19.92, a price-to-earnings-growth ratio of 3.94 and a beta of 0.22. The company has a fifty day moving average price of $76.83 and a 200-day moving average price of $76.46. Dominion Energy Inc has a 1-year low of $67.41 and a 1-year high of $81.04. The company has a current ratio of 0.60, a quick ratio of 0.42 and a debt-to-equity ratio of 1.38.
Dominion Energy (NYSE:D) last released its quarterly earnings data on Wednesday, July 31st. The utilities provider reported $0.77 earnings per share for the quarter, topping the consensus estimate of $0.75 by $0.02. The company had revenue of $3.97 billion for the quarter, compared to analyst estimates of $4.21 billion. Dominion Energy had a net margin of 5.94% and a return on equity of 11.74%. Dominion Energy’s revenue for the quarter was up 28.6% compared to the same quarter last year. During the same period in the previous year, the business earned $0.86 EPS. Equities research analysts forecast that Dominion Energy Inc will post 4.14 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 20th. Stockholders of record on Friday, September 6th will be paid a dividend of $0.9175 per share. The ex-dividend date is Thursday, September 5th. This represents a $3.67 annualized dividend and a dividend yield of 4.54%. Dominion Energy’s dividend payout ratio is presently 90.62%.
D has been the topic of several recent research reports. Credit Suisse Group upgraded shares of Dominion Energy from a “neutral” rating to an “outperform” rating in a research note on Thursday, August 1st. Wells Fargo & Co set a $83.00 price target on shares of Dominion Energy and gave the company a “hold” rating in a research note on Friday, August 30th. Zacks Investment Research lowered shares of Dominion Energy from a “hold” rating to a “sell” rating and set a $83.00 price target on the stock. in a research note on Thursday, July 4th. ValuEngine lowered shares of Dominion Energy from a “buy” rating to a “hold” rating in a research note on Wednesday, June 12th. Finally, KeyCorp initiated coverage on shares of Dominion Energy in a research note on Tuesday, June 4th. They issued a “sector weight” rating on the stock. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $79.64.
Several institutional investors have recently added to or reduced their stakes in D. Vanguard Group Inc. grew its stake in Dominion Energy by 1.9% in the 2nd quarter. Vanguard Group Inc. now owns 65,524,369 shares of the utilities provider’s stock valued at $5,066,345,000 after buying an additional 1,241,779 shares during the last quarter. BlackRock Inc. grew its stake in Dominion Energy by 1.6% in the 2nd quarter. BlackRock Inc. now owns 56,278,211 shares of the utilities provider’s stock valued at $4,351,431,000 after buying an additional 892,554 shares during the last quarter. Invesco Ltd. grew its stake in Dominion Energy by 12.4% in the 2nd quarter. Invesco Ltd. now owns 12,690,314 shares of the utilities provider’s stock valued at $981,214,000 after buying an additional 1,398,000 shares during the last quarter. Northern Trust Corp boosted its holdings in Dominion Energy by 5.0% in the 2nd quarter. Northern Trust Corp now owns 10,133,515 shares of the utilities provider’s stock valued at $783,524,000 after purchasing an additional 480,345 shares during the period. Finally, FMR LLC boosted its holdings in Dominion Energy by 77.6% in the 1st quarter. FMR LLC now owns 9,010,766 shares of the utilities provider’s stock valued at $690,765,000 after purchasing an additional 3,935,958 shares during the period. Institutional investors own 65.11% of the company’s stock.
About Dominion Energy
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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