California Public Employees Retirement System maintained its position in Dominion Midstream Partners, LP (NYSE:DM) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 48,000 shares of the pipeline company’s stock at the close of the second quarter. California Public Employees Retirement System’s holdings in Dominion Midstream Partners, were worth $1,385,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Signature Financial Management Inc. bought a new position in shares of Dominion Midstream Partners, during the 2nd quarter worth approximately $202,000. Keybank National Association OH lifted its position in shares of Dominion Midstream Partners, by 5.3% during the 2nd quarter. Keybank National Association OH now owns 8,000 shares of the pipeline company’s stock worth $231,000 after buying an additional 400 shares in the last quarter. Botty Investors LLC lifted its position in shares of Dominion Midstream Partners, by 772.9% during the 2nd quarter. Botty Investors LLC now owns 8,616 shares of the pipeline company’s stock worth $249,000 after buying an additional 7,629 shares in the last quarter. Proficio Capital Partners LLC lifted its position in shares of Dominion Midstream Partners, by 12.3% during the 2nd quarter. Proficio Capital Partners LLC now owns 9,702 shares of the pipeline company’s stock worth $264,000 after buying an additional 1,064 shares in the last quarter. Finally, Blair William & Co. IL lifted its position in shares of Dominion Midstream Partners, by 11.0% during the 2nd quarter. Blair William & Co. IL now owns 11,085 shares of the pipeline company’s stock worth $320,000 after buying an additional 1,100 shares in the last quarter. Institutional investors and hedge funds own 54.42% of the company’s stock.

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Shares of Dominion Midstream Partners, LP (DM) opened at $31.55 on Wednesday. The company has a quick ratio of 0.41, a current ratio of 0.47 and a debt-to-equity ratio of 0.08. The company has a market cap of $2,125.65, a P/E ratio of 22.66, a P/E/G ratio of 1.33 and a beta of 1.69. Dominion Midstream Partners, LP has a 1-year low of $23.65 and a 1-year high of $34.85.

Dominion Midstream Partners, (NYSE:DM) last posted its quarterly earnings results on Monday, October 30th. The pipeline company reported $0.33 EPS for the quarter, topping analysts’ consensus estimates of $0.29 by $0.04. The company had revenue of $113.00 million for the quarter, compared to analysts’ expectations of $104.86 million. Dominion Midstream Partners, had a net margin of 22.61% and a return on equity of 2.14%. Dominion Midstream Partners,’s revenue was up 18.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.30 EPS. analysts expect that Dominion Midstream Partners, LP will post 1.32 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 15th. Investors of record on Monday, November 6th will be issued a $0.3025 dividend. This represents a $1.21 dividend on an annualized basis and a dividend yield of 3.84%. The ex-dividend date of this dividend is Friday, November 3rd. This is a boost from Dominion Midstream Partners,’s previous quarterly dividend of $0.29. Dominion Midstream Partners,’s payout ratio is 87.05%.

DM has been the topic of several recent analyst reports. BidaskClub cut shares of Dominion Midstream Partners, from a “sell” rating to a “strong sell” rating in a research report on Wednesday, July 12th. Barclays PLC cut shares of Dominion Midstream Partners, from an “overweight” rating to an “equal weight” rating and dropped their target price for the stock from $37.00 to $32.00 in a research report on Tuesday, July 18th. Zacks Investment Research cut shares of Dominion Midstream Partners, from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 21st. Scotiabank set a $35.00 target price on shares of Dominion Midstream Partners, and gave the stock a “buy” rating in a research report on Saturday, July 22nd. Finally, Stifel Nicolaus set a $33.00 target price on shares of Dominion Midstream Partners, and gave the stock a “buy” rating in a research report on Thursday, August 3rd. One research analyst has rated the stock with a sell rating, five have given a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $34.89.

Dominion Midstream Partners, 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.

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Institutional Ownership by Quarter for Dominion Midstream Partners, (NYSE:DM)

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