Dominion Energy Midstream Partners (NYSE:DM) had its price objective trimmed by UBS to $25.00 in a report released on Monday. The brokerage currently has a buy rating on the pipeline company’s stock.

Other equities analysts have also recently issued reports about the company. Stifel Nicolaus reissued a buy rating and set a $25.00 price target (down from $35.00) on shares of Dominion Energy Midstream Partners in a report on Monday. TheStreet cut Dominion Energy Midstream Partners from a b- rating to a c+ rating in a report on Thursday, March 15th. Zacks Investment Research raised Dominion Energy Midstream Partners from a sell rating to a hold rating and set a $34.00 price target on the stock in a report on Thursday, February 1st. Royal Bank of Canada reissued a hold rating and set a $35.00 price target on shares of Dominion Energy Midstream Partners in a report on Tuesday, January 30th. Finally, Wells Fargo increased their price target on Dominion Energy Midstream Partners from $31.00 to $32.00 and gave the company a market perform rating in a report on Thursday, February 1st. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and four have issued a buy rating to the company. The company has an average rating of Hold and an average target price of $32.27.

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Dominion Energy Midstream Partners stock opened at $16.75 on Monday. The stock has a market capitalization of $1,838.73, a P/E ratio of 12.50, a P/E/G ratio of 0.92 and a beta of 1.61. Dominion Energy Midstream Partners has a 12-month low of $16.50 and a 12-month high of $34.85. The company has a debt-to-equity ratio of 0.12, a current ratio of 0.96 and a quick ratio of 0.74.

Dominion Energy Midstream Partners (NYSE:DM) last released its quarterly earnings data on Monday, January 29th. The pipeline company reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.38 by ($0.05). The business had revenue of $121.30 million during the quarter, compared to the consensus estimate of $109.15 million. Dominion Energy Midstream Partners had a net margin of 25.34% and a return on equity of 2.07%. The business’s revenue was down 31.7% compared to the same quarter last year. During the same period last year, the company posted $0.38 earnings per share. equities analysts anticipate that Dominion Energy Midstream Partners will post 1.43 earnings per share for the current fiscal year.

In related news, major shareholder Grid Plc National sold 6,783,373 shares of the firm’s stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $25.26, for a total value of $171,348,001.98. The sale was disclosed in a legal filing with the SEC, which is available through this link. 11.17% of the stock is currently owned by company insiders.

Hedge funds have recently modified their holdings of the business. Cypress Wealth Advisors LLC purchased a new stake in Dominion Energy Midstream Partners in the 4th quarter worth $1,496,000. Wills Financial Group Inc. increased its stake in Dominion Energy Midstream Partners by 33.0% in the 3rd quarter. Wills Financial Group Inc. now owns 76,731 shares of the pipeline company’s stock worth $2,455,000 after buying an additional 19,055 shares in the last quarter. Neuberger Berman Group LLC increased its stake in Dominion Energy Midstream Partners by 16.1% in the 3rd quarter. Neuberger Berman Group LLC now owns 6,300,224 shares of the pipeline company’s stock worth $201,607,000 after buying an additional 875,159 shares in the last quarter. Edge Advisors LLC increased its stake in Dominion Energy Midstream Partners by 3.1% in the 4th quarter. Edge Advisors LLC now owns 218,081 shares of the pipeline company’s stock worth $6,639,000 after buying an additional 6,510 shares in the last quarter. Finally, Truewealth LLC purchased a new stake in Dominion Energy Midstream Partners in the 4th quarter worth $305,000. Institutional investors and hedge funds own 55.78% of the company’s stock.

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Dominion Energy Midstream Partners Company Profile

Dominion Energy Midstream Partners, LP, formerly Dominion Midstream Partners, LP, is a limited partnership. The Company is formed to grow a portfolio of natural gas terminaling, processing, storage, transportation and related assets. The Company’s segments include Dominion Energy, which consists of gas transportation, liquefied natural gas (LNG) import and storage, and Corporate and Other.

Analyst Recommendations for Dominion Energy Midstream Partners (NYSE:DM)

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