Dominion Energy Inc (D) Shares Bought by Investment House LLC

Investment House LLC lifted its position in Dominion Energy Inc (NYSE:D) by 4.5% in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 5,484 shares of the utilities provider’s stock after acquiring an additional 234 shares during the quarter. Investment House LLC’s holdings in Dominion Energy were worth $420,000 as of its most recent filing with the SEC.

Several other large investors have also recently modified their holdings of the stock. Optimum Investment Advisors increased its stake in Dominion Energy by 94.4% in the 1st quarter. Optimum Investment Advisors now owns 1,750 shares of the utilities provider’s stock valued at $134,000 after buying an additional 850 shares during the period. Catamount Wealth Management acquired a new position in Dominion Energy in the 1st quarter valued at approximately $54,000. South Dakota Investment Council increased its stake in Dominion Energy by 9.4% in the 1st quarter. South Dakota Investment Council now owns 54,700 shares of the utilities provider’s stock valued at $4,193,000 after buying an additional 4,700 shares during the period. California Public Employees Retirement System increased its stake in Dominion Energy by 35.9% in the 1st quarter. California Public Employees Retirement System now owns 3,912,406 shares of the utilities provider’s stock valued at $299,925,000 after buying an additional 1,033,644 shares during the period. Finally, Smith Salley & Associates increased its stake in Dominion Energy by 66.5% in the 1st quarter. Smith Salley & Associates now owns 159,698 shares of the utilities provider’s stock valued at $12,241,000 after buying an additional 63,782 shares during the period. Institutional investors and hedge funds own 59.38% of the company’s stock.

Shares of D opened at $75.60 on Friday. Dominion Energy Inc has a 12 month low of $61.53 and a 12 month high of $77.91. The firm has a market cap of $60.43 billion, a PE ratio of 18.83, a price-to-earnings-growth ratio of 3.69 and a beta of 0.23. The company has a current ratio of 0.61, a quick ratio of 0.44 and a debt-to-equity ratio of 1.35.

Dominion Energy (NYSE:D) last announced its quarterly earnings results on Friday, May 3rd. The utilities provider reported $1.10 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.12 by ($0.02). Dominion Energy had a return on equity of 12.35% and a net margin of 9.19%. The business had revenue of $3.86 billion for the quarter, compared to analyst estimates of $4.84 billion. During the same quarter last year, the company earned $1.14 EPS. The business’s revenue for the quarter was up 11.3% compared to the same quarter last year. Equities research analysts forecast that Dominion Energy Inc will post 4.18 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 20th. Stockholders of record on Friday, June 7th will be paid a dividend of $0.9175 per share. The ex-dividend date of this dividend is Thursday, June 6th. This represents a $3.67 annualized dividend and a dividend yield of 4.85%. Dominion Energy’s dividend payout ratio (DPR) is 90.62%.

Several research firms have weighed in on D. Zacks Investment Research lowered shares of Dominion Energy from a “buy” rating to a “hold” rating in a research note on Tuesday, April 16th. TheStreet lowered shares of Dominion Energy from a “b” rating to a “c+” rating in a research note on Friday, May 3rd. Credit Suisse Group set a $77.00 price target on shares of Dominion Energy and gave the stock a “hold” rating in a research note on Monday, April 22nd. Argus restated a “buy” rating on shares of Dominion Energy in a research note on Wednesday, February 27th. Finally, Mizuho began coverage on shares of Dominion Energy in a research note on Monday, March 11th. They set a “neutral” rating and a $76.00 price target on the stock. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $85.00.

In related news, Director Robert H. Spilman, Jr. sold 1,215 shares of the company’s stock in a transaction on Thursday, March 7th. The shares were sold at an average price of $76.01, for a total transaction of $92,352.15. Following the completion of the sale, the director now directly owns 23,598 shares of the company’s stock, valued at approximately $1,793,683.98. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director D Maybank Hagood acquired 1,965 shares of the firm’s stock in a transaction that occurred on Wednesday, March 13th. The shares were purchased at an average cost of $76.34 per share, with a total value of $150,008.10. Following the completion of the acquisition, the director now owns 2,975 shares in the company, valued at approximately $227,111.50. The disclosure for this purchase can be found here. Corporate insiders own 0.26% of the company’s stock.

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

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