Grandfield & Dodd LLC decreased its holdings in shares of Dominion Energy Inc. (NYSE:D) by 46.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 20,883 shares of the utilities provider’s stock after selling 18,013 shares during the quarter. Grandfield & Dodd LLC’s holdings in Dominion Energy were worth $1,607,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in D. Verus Financial Partners Inc. increased its position in Dominion Energy by 3.4% during the 3rd quarter. Verus Financial Partners Inc. now owns 23,732 shares of the utilities provider’s stock worth $1,826,000 after buying an additional 776 shares during the period. Courier Capital LLC increased its position in Dominion Energy by 58.3% during the 3rd quarter. Courier Capital LLC now owns 4,403 shares of the utilities provider’s stock worth $339,000 after buying an additional 1,622 shares during the period. Symons Capital Management Inc. increased its position in Dominion Energy by 1.0% during the 3rd quarter. Symons Capital Management Inc. now owns 233,528 shares of the utilities provider’s stock worth $17,964,000 after buying an additional 2,341 shares during the period. GW Henssler & Associates Ltd. bought a new position in Dominion Energy during the 3rd quarter worth $5,766,000. Finally, FDx Advisors Inc. increased its position in Dominion Energy by 13.7% during the 3rd quarter. FDx Advisors Inc. now owns 76,936 shares of the utilities provider’s stock worth $5,919,000 after buying an additional 9,274 shares during the period. 64.45% of the stock is owned by institutional investors and hedge funds.

Dominion Energy Inc. (NYSE:D) traded down $0.43 during trading on Friday, reaching $80.81. The company’s stock had a trading volume of 1,736,000 shares, compared to its average volume of 2,348,881. Dominion Energy Inc. has a 1 year low of $69.51 and a 1 year high of $82.13. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.29 and a current ratio of 0.47. The company has a market capitalization of $52,280.36, a PE ratio of 22.14, a PEG ratio of 3.94 and a beta of 0.29.

Dominion Energy (NYSE:D) last released its earnings results on Monday, October 30th. The utilities provider reported $1.04 earnings per share (EPS) for the quarter, beating the Zacks’ 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 firm had revenue of $3.18 billion for the quarter, compared to analysts’ expectations of $3.31 billion. During the same quarter in the previous year, the business posted $1.14 earnings per share. The business’s revenue for the quarter was up 1.5% on a year-over-year basis. research analysts forecast that Dominion Energy Inc. will post 3.61 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 20th. Shareholders of record on Friday, December 1st will be given a $0.77 dividend. This represents a $3.08 dividend on an annualized basis and a yield of 3.81%. The ex-dividend date of this dividend is Thursday, November 30th. This is a boost from Dominion Energy’s previous quarterly dividend of $0.76. Dominion Energy’s payout ratio is currently 89.09%.

A number of research analysts recently commented on the company. J P Morgan Chase & Co raised their price target on Dominion Energy from $78.00 to $82.00 and gave the stock a “neutral” rating in a research report on Thursday, October 12th. Zacks Investment Research cut Dominion Energy from a “hold” rating to a “sell” rating in a research report on Tuesday, July 18th. Gabelli restated a “hold” rating on shares of Dominion Energy in a research report on Wednesday, November 1st. KeyCorp restated a “hold” rating on shares of Dominion Energy in a research report on Friday, September 1st. Finally, Citigroup Inc. raised their price target on Dominion Energy from $76.00 to $78.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 17th. Thirteen research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Dominion Energy presently has an average rating of “Hold” and an average target price of $80.70.

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In other news, Director John W. Harris sold 5,616 shares of Dominion Energy stock in a transaction dated 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 directly owns 18,920 shares of the company’s stock, valued at $1,527,033.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.37% of the company’s stock.

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.

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

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