First Republic Investment Management Inc. trimmed its holdings in Dominion Energy Inc. (NYSE:D) by 1.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 78,351 shares of the utilities provider’s stock after selling 960 shares during the quarter. First Republic Investment Management Inc.’s holdings in Dominion Energy were worth $6,028,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in the company. Asset Management One Co. Ltd. raised its stake in Dominion Energy by 1.6% during the 3rd quarter. Asset Management One Co. Ltd. now owns 1,050,522 shares of the utilities provider’s stock worth $80,823,000 after buying an additional 16,844 shares during the period. Castleton Investment Management LLC increased its holdings in Dominion Energy by 6.2% during the 3rd quarter. Castleton Investment Management LLC now owns 144,993 shares of the utilities provider’s stock worth $11,154,000 after purchasing an additional 8,488 shares in the last quarter. Advantage Investment Management LLC increased its holdings in Dominion Energy by 101.1% during the 3rd quarter. Advantage Investment Management LLC now owns 3,981 shares of the utilities provider’s stock worth $306,000 after purchasing an additional 2,001 shares in the last quarter. Allianz Asset Management GmbH increased its holdings in Dominion Energy by 2.8% during the 3rd quarter. Allianz Asset Management GmbH now owns 113,062 shares of the utilities provider’s stock worth $8,698,000 after purchasing an additional 3,130 shares in the last quarter. Finally, Nomura Asset Management Co. Ltd. increased its holdings in Dominion Energy by 3.8% during the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 121,683 shares of the utilities provider’s stock worth $9,361,000 after purchasing an additional 4,509 shares in the last quarter. 64.68% of the stock is currently owned by institutional investors.

A number of analysts have commented on the company. Bank of America raised Dominion Energy from a “neutral” rating to a “buy” rating in a report on Wednesday, November 22nd. Gabelli reissued a “hold” rating on shares of Dominion Energy in a report on Wednesday, November 1st. KeyCorp reissued a “hold” rating on shares of Dominion Energy in a report on Friday, October 20th. Citigroup boosted their price objective on Dominion Energy from $76.00 to $78.00 and gave the stock a “neutral” rating in a report on Tuesday, October 17th. Finally, Zacks Investment Research lowered Dominion Energy from a “buy” rating to a “hold” rating in a report on Friday, October 13th. Fourteen analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $80.70.

In other Dominion Energy news, Director John W. Harris sold 5,616 shares of the stock in a transaction on Friday, November 3rd. The stock was sold at an average price of $80.71, for a total transaction of $453,267.36. Following the sale, the director now owns 18,920 shares in the company, valued at $1,527,033.20. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.37% of the stock is currently owned by corporate insiders.

Dominion Energy Inc. (NYSE:D) opened at $83.88 on Friday. Dominion Energy Inc. has a twelve month low of $70.87 and a twelve month high of $84.47. The firm has a market capitalization of $53,979.30, a price-to-earnings ratio of 22.86, a price-to-earnings-growth ratio of 4.13 and a beta of 0.29. The company has a current ratio of 0.47, a quick ratio of 0.29 and a debt-to-equity ratio of 1.67.

Dominion Energy (NYSE:D) last announced its quarterly earnings data on Monday, October 30th. The utilities provider reported $1.04 earnings per share for the quarter, beating the consensus estimate of $1.02 by $0.02. Dominion Energy had a return on equity of 13.32% and a net margin of 17.21%. The business had revenue of $3.18 billion during the quarter, compared to analyst estimates of $3.31 billion. During the same period in the prior year, the company earned $1.14 earnings per share. Dominion Energy’s revenue was up 1.5% compared to the same quarter last year. equities research analysts predict that Dominion Energy Inc. will post 3.6 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 20th. Shareholders of record on Friday, December 1st will be issued a dividend of $0.77 per share. This represents a $3.08 annualized dividend and a yield of 3.67%. This is a positive change from Dominion Energy’s previous quarterly dividend of $0.76. The ex-dividend date is Thursday, November 30th. Dominion Energy’s dividend payout ratio is 90.86%.

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

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