HighTower Advisors LLC Has $31.46 Million Holdings in Dominion Energy Inc. $D

HighTower Advisors LLC grew its position in Dominion Energy Inc. (NYSE:DFree Report) by 7.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 514,214 shares of the utilities provider’s stock after acquiring an additional 34,528 shares during the period. HighTower Advisors LLC’s holdings in Dominion Energy were worth $31,455,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. CoreFirst Bank & Trust bought a new stake in shares of Dominion Energy during the second quarter worth $25,000. Westside Investment Management Inc. lifted its position in Dominion Energy by 123.3% during the 2nd quarter. Westside Investment Management Inc. now owns 469 shares of the utilities provider’s stock worth $27,000 after buying an additional 259 shares in the last quarter. United Community Bank bought a new stake in Dominion Energy during the 3rd quarter worth about $29,000. Hanson & Doremus Investment Management acquired a new stake in Dominion Energy in the 3rd quarter valued at about $31,000. Finally, Twin Peaks Wealth Advisors LLC bought a new position in shares of Dominion Energy in the second quarter worth about $32,000. 73.04% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Dominion Energy

Here are the key news stories impacting Dominion Energy this week:

Dominion Energy Trading Down 1.6%

NYSE D opened at $64.58 on Thursday. Dominion Energy Inc. has a 12 month low of $48.07 and a 12 month high of $67.57. The stock has a 50-day simple moving average of $60.51 and a 200 day simple moving average of $60.50. The company has a current ratio of 0.84, a quick ratio of 0.65 and a debt-to-equity ratio of 1.41. The company has a market capitalization of $55.15 billion, a PE ratio of 21.97, a P/E/G ratio of 1.78 and a beta of 0.71.

Dominion Energy Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, March 20th. Investors of record on Friday, February 27th will be given a $0.6675 dividend. This represents a $2.67 dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date is Friday, February 27th. Dominion Energy’s dividend payout ratio (DPR) is currently 90.82%.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Royal Bank Of Canada reissued a “sector perform” rating and issued a $70.00 price target on shares of Dominion Energy in a report on Tuesday, October 28th. Barclays lowered their target price on Dominion Energy from $64.00 to $63.00 and set an “overweight” rating for the company in a research note on Thursday, January 22nd. BMO Capital Markets cut their price target on Dominion Energy from $67.00 to $65.00 and set a “market perform” rating on the stock in a research note on Monday, November 3rd. Weiss Ratings upgraded Dominion Energy from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, February 9th. Finally, Wells Fargo & Company dropped their price objective on Dominion Energy from $67.00 to $64.00 and set an “overweight” rating for the company in a report on Tuesday, January 20th. Three research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Dominion Energy presently has a consensus rating of “Hold” and a consensus price target of $64.33.

View Our Latest Report on Dominion Energy

Dominion Energy Profile

(Free Report)

Dominion Energy, Inc, headquartered in Richmond, Virginia, is a diversified energy company that primarily operates regulated electricity and natural gas utilities and develops energy infrastructure. The company’s core activities include the generation, transmission and distribution of electricity to residential, commercial and industrial customers, as well as the purchase, storage and delivery of natural gas. Dominion combines traditional utility operations with energy infrastructure businesses to provide essential services across its service territories.

Dominion’s electricity portfolio spans multiple technologies and fuel sources, including nuclear, natural gas-fired generation and renewable resources such as utility-scale solar and wind.

Recommended Stories

Want to see what other hedge funds are holding D? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dominion Energy Inc. (NYSE:DFree Report).

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

Receive News & Ratings for Dominion Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dominion Energy and related companies with MarketBeat.com's FREE daily email newsletter.