Edgestream Partners L.P. trimmed its stake in Dominion Energy Inc. (NYSE:D) by 37.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,577 shares of the utilities provider’s stock after selling 2,728 shares during the period. Edgestream Partners L.P.’s holdings in Dominion Energy were worth $352,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in D. BlackRock Inc. boosted its position in Dominion Energy by 3,615.9% in the 1st quarter. BlackRock Inc. now owns 45,518,516 shares of the utilities provider’s stock valued at $3,530,873,000 after buying an additional 44,293,566 shares during the period. Janus Henderson Group PLC boosted its position in Dominion Energy by 1,955.1% in the 2nd quarter. Janus Henderson Group PLC now owns 1,672,437 shares of the utilities provider’s stock valued at $128,159,000 after buying an additional 1,591,057 shares during the period. Vanguard Group Inc. boosted its position in Dominion Energy by 3.4% in the 1st quarter. Vanguard Group Inc. now owns 43,602,368 shares of the utilities provider’s stock valued at $3,382,237,000 after buying an additional 1,435,767 shares during the period. Wells Fargo & Company MN boosted its position in Dominion Energy by 24.7% in the 2nd quarter. Wells Fargo & Company MN now owns 6,110,200 shares of the utilities provider’s stock valued at $468,223,000 after buying an additional 1,209,768 shares during the period. Finally, Commonwealth Bank of Australia boosted its position in Dominion Energy by 31.7% in the 2nd quarter. Commonwealth Bank of Australia now owns 4,211,120 shares of the utilities provider’s stock valued at $322,696,000 after buying an additional 1,014,670 shares during the period. 64.41% of the stock is owned by institutional investors.

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Dominion Energy Inc. (D) opened at $80.67 on Friday. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.26 and a current ratio of 0.47. The company has a market cap of $51,913.57, a P/E ratio of 21.98, a P/E/G ratio of 3.91 and a beta of 0.29. Dominion Energy Inc. has a 52 week low of $69.51 and a 52 week high of $82.13.

Dominion Energy (NYSE:D) last posted its quarterly earnings data on Monday, October 30th. The utilities provider reported $1.04 EPS for the quarter, topping the consensus estimate of $1.02 by $0.02. The firm had revenue of $3.18 billion during the quarter, compared to analyst estimates of $3.31 billion. Dominion Energy had a net margin of 17.21% and a return on equity of 13.32%. Dominion Energy’s revenue was up 1.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.14 EPS. analysts forecast that Dominion Energy Inc. will post 3.61 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 20th. Investors of record on Friday, December 1st will be paid a dividend of $0.77 per share. This represents a $3.08 annualized dividend and a dividend yield of 3.82%. The ex-dividend date is Thursday, November 30th. This is a positive change from Dominion Energy’s previous quarterly dividend of $0.76. Dominion Energy’s payout ratio is 89.09%.

Several brokerages have recently weighed in on D. Zacks Investment Research raised shares of Dominion Energy from a “hold” rating to a “buy” rating and set a $85.00 price target for the company in a research report on Tuesday, July 11th. Citigroup Inc. lowered their price target on shares of Dominion Energy from $78.00 to $76.00 and set a “neutral” rating for the company in a research report on Wednesday, July 26th. Deutsche Bank AG upped their price target on shares of Dominion Energy from $76.00 to $77.00 and gave the stock a “hold” rating in a research report on Thursday, August 3rd. Royal Bank Of Canada reaffirmed a “hold” rating and issued a $77.00 price target on shares of Dominion Energy in a research report on Monday, August 21st. Finally, KeyCorp reaffirmed a “hold” rating on shares of Dominion Energy in a research report on Friday, September 1st. Thirteen research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Dominion Energy has a consensus rating of “Hold” and a consensus target price of $80.70.

Dominion Energy 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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