Columbia Partners L L C Investment Management acquired a new stake in Dominion Energy Inc. (NYSE:D) during the first quarter, Holdings Channel reports. The firm acquired 4,892 shares of the utilities provider’s stock, valued at approximately $379,000.

A number of other large investors have also recently bought and sold shares of the company. Bank of Montreal Can boosted its position in shares of Dominion Energy by 6.8% in the first quarter. Bank of Montreal Can now owns 432,917 shares of the utilities provider’s stock valued at $33,581,000 after buying an additional 27,629 shares in the last quarter. Regentatlantic Capital LLC boosted its position in shares of Dominion Energy by 1.9% in the first quarter. Regentatlantic Capital LLC now owns 8,082 shares of the utilities provider’s stock valued at $627,000 after buying an additional 147 shares in the last quarter. First National Bank of Omaha boosted its position in shares of Dominion Energy by 12.3% in the first quarter. First National Bank of Omaha now owns 3,650 shares of the utilities provider’s stock valued at $283,000 after buying an additional 400 shares in the last quarter. First National Bank & Trust Co. of Newtown boosted its position in shares of Dominion Energy by 0.7% in the first quarter. First National Bank & Trust Co. of Newtown now owns 7,256 shares of the utilities provider’s stock valued at $563,000 after buying an additional 50 shares in the last quarter. Finally, Tompkins Financial Corp boosted its position in shares of Dominion Energy by 511.1% in the first quarter. Tompkins Financial Corp now owns 27,690 shares of the utilities provider’s stock valued at $2,080,000 after buying an additional 23,159 shares in the last quarter. Institutional investors own 64.83% of the company’s stock.

Dominion Energy Inc. (NYSE:D) traded up 0.3861% on Tuesday, reaching $77.9799. The company had a trading volume of 401,726 shares. The stock has a market capitalization of $50.11 billion, a PE ratio of 22.5702 and a beta of 0.28. The stock has a 50 day moving average price of $77.05 and a 200 day moving average price of $77.26. Dominion Energy Inc. has a 52-week low of $69.51 and a 52-week high of $81.65.

Dominion Energy (NYSE:D) last issued its quarterly earnings data on Wednesday, August 2nd. The utilities provider reported $0.67 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.66 by $0.01. Dominion Energy had a net margin of 17.48% and a return on equity of 14.04%. The business had revenue of $2.81 billion during the quarter, compared to analysts’ expectations of $2.94 billion. During the same period last year, the company posted $0.71 EPS. The company’s revenue was up 8.3% on a year-over-year basis. Analysts expect that Dominion Energy Inc. will post $3.64 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 20th. Stockholders of record on Friday, September 1st will be paid a dividend of $0.755 per share. The ex-dividend date of this dividend is Wednesday, August 30th. This represents a $3.02 dividend on an annualized basis and a dividend yield of 3.89%. Dominion Energy’s dividend payout ratio (DPR) is 87.28%.

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Several research analysts have recently weighed in on the company. Deutsche Bank AG boosted their target price on Dominion Energy from $76.00 to $77.00 and gave the stock a “hold” rating in a report on Thursday, August 3rd. Royal Bank Of Canada set a $77.00 target price on Dominion Energy and gave the stock a “hold” rating in a report on Saturday, June 3rd. Zacks Investment Research upgraded Dominion Energy from a “sell” rating to a “hold” rating in a report on Friday, August 4th. Morgan Stanley lowered their target price on Dominion Energy from $81.00 to $79.00 and set an “equal weight” rating on the stock in a report on Monday, May 8th. Finally, Citigroup Inc. lowered their target price on Dominion Energy from $78.00 to $76.00 and set a “neutral” rating on the stock in a report on Wednesday, July 26th. Eight analysts have rated the stock with a hold rating and two have given a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $80.57.

Dominion Energy Company 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.

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

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