Dominion Energy Inc. (D) Position Held by Breton Hill Capital Ltd.
Breton Hill Capital Ltd. continued to hold its stake in shares of Dominion Energy Inc. (NYSE:D) during the second quarter, Holdings Channel reports. The fund owned 5,500 shares of the utilities provider’s stock at the end of the second quarter. Breton Hill Capital Ltd.’s holdings in Dominion Energy were worth $421,000 as of its most recent filing with the SEC.
A number of other hedge funds also recently modified their holdings of the stock. Coastline Trust Co raised its stake in shares of Dominion Energy by 4.0% in the first quarter. Coastline Trust Co now owns 12,319 shares of the utilities provider’s stock valued at $956,000 after buying an additional 475 shares during the period. DnB Asset Management AS raised its stake in shares of Dominion Energy by 20.6% in the first quarter. DnB Asset Management AS now owns 87,361 shares of the utilities provider’s stock valued at $6,777,000 after buying an additional 14,900 shares during the period. Palisade Capital Management LLC NJ raised its stake in shares of Dominion Energy by 1.9% in the first quarter. Palisade Capital Management LLC NJ now owns 6,805 shares of the utilities provider’s stock valued at $528,000 after buying an additional 130 shares during the period. Capital Investment Advisors LLC raised its stake in shares of Dominion Energy by 0.3% in the first quarter. Capital Investment Advisors LLC now owns 27,497 shares of the utilities provider’s stock valued at $2,133,000 after buying an additional 93 shares during the period. Finally, Farmers & Merchants Investments Inc. raised its stake in shares of Dominion Energy by 8.4% in the first quarter. Farmers & Merchants Investments Inc. now owns 77,570 shares of the utilities provider’s stock valued at $6,017,000 after buying an additional 6,000 shares during the period. Hedge funds and other institutional investors own 64.83% of the company’s stock.
Dominion Energy Inc. (NYSE D) traded up 0.2653% during trading on Wednesday, reaching $78.1067. The company’s stock had a trading volume of 998,992 shares. The company’s 50-day moving average is $77.03 and its 200-day moving average is $77.28. Dominion Energy Inc. has a 1-year low of $69.51 and a 1-year high of $81.65. The company has a market capitalization of $50.19 billion, a P/E ratio of 22.6069 and a beta of 0.28.
Dominion Energy (NYSE:D) last announced its quarterly earnings results on Wednesday, August 2nd. The utilities provider reported $0.67 earnings per share for the quarter, topping analysts’ consensus estimates of $0.66 by $0.01. Dominion Energy had a return on equity of 14.04% and a net margin of 17.48%. The company had revenue of $2.81 billion during the quarter, compared to analysts’ expectations of $2.94 billion. During the same quarter in the previous year, the firm earned $0.71 earnings per share. The business’s quarterly revenue was up 8.3% compared to the same quarter last year. Equities analysts anticipate that Dominion Energy Inc. will post $3.64 EPS for the current year.
The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 20th. Shareholders of record on Friday, September 1st will be given a $0.755 dividend. The ex-dividend date is Wednesday, August 30th. This represents a $3.02 dividend on an annualized basis and a dividend yield of 3.88%. Dominion Energy’s dividend payout ratio is currently 87.28%.
Several brokerages recently issued reports on D. Royal Bank Of Canada set a $77.00 price objective on shares of Dominion Energy and gave the company a “hold” rating in a report on Saturday, June 3rd. Zacks Investment Research downgraded Dominion Energy from a “hold” rating to a “sell” rating in a research report on Monday, June 12th. BidaskClub downgraded Dominion Energy from a “buy” rating to a “hold” rating in a research report on Saturday, June 24th. Morgan Stanley dropped their target price on Dominion Energy from $81.00 to $79.00 and set an “equal weight” rating for the company in a research report on Monday, May 8th. Finally, Deutsche Bank AG lifted their target price on Dominion Energy from $76.00 to $77.00 and gave the company a “hold” rating in a research report on Thursday, August 3rd. Eight research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $80.57.
About Dominion Energy
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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