Janus Capital Management LLC boosted its stake in Dominion Energy Inc. (NYSE:D) by 252.4% during the first quarter, Holdings Channel reports. The fund owned 820,785 shares of the utilities provider’s stock after buying an additional 587,880 shares during the period. Janus Capital Management LLC’s holdings in Dominion Energy were worth $63,668,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Tradewinds Capital Management LLC boosted its position in shares of Dominion Energy by 1.0% in the first quarter. Tradewinds Capital Management LLC now owns 1,306 shares of the utilities provider’s stock worth $101,000 after buying an additional 13 shares during the last quarter. Enterprise Financial Services Corp boosted its position in shares of Dominion Energy by 62.6% in the first quarter. Enterprise Financial Services Corp now owns 1,376 shares of the utilities provider’s stock worth $107,000 after buying an additional 530 shares during the last quarter. Clean Yield Group bought a new position in shares of Dominion Energy during the first quarter worth approximately $117,000. Bollard Group LLC boosted its position in shares of Dominion Energy by 0.9% in the first quarter. Bollard Group LLC now owns 1,516 shares of the utilities provider’s stock worth $118,000 after buying an additional 13 shares during the last quarter. Finally, Advantage Investment Management LLC boosted its position in shares of Dominion Energy by 247.7% in the first quarter. Advantage Investment Management LLC now owns 1,582 shares of the utilities provider’s stock worth $123,000 after buying an additional 1,127 shares during the last quarter. Hedge funds and other institutional investors own 66.12% of the company’s stock.

Dominion Energy Inc. (NYSE:D) traded down 0.40% during mid-day trading on Friday, reaching $77.51. The company had a trading volume of 381,479 shares. The stock has a 50 day moving average price of $77.11 and a 200-day moving average price of $77.21. The stock has a market capitalization of $49.81 billion, a P/E ratio of 22.43 and a beta of 0.28. Dominion Energy Inc. has a 12-month low of $69.51 and a 12-month high of $81.65.

Dominion Energy (NYSE:D) last released its quarterly earnings data on Wednesday, August 2nd. The utilities provider reported $0.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.66 by $0.01. Dominion Energy had a return on equity of 14.04% and a net margin of 17.48%. The company had revenue of $2.81 billion for the quarter, compared to analyst estimates of $2.94 billion. During the same period in the previous year, the company posted $0.71 EPS. The firm’s revenue for the quarter was up 8.3% compared to the same quarter last year. Equities analysts anticipate that Dominion Energy Inc. will post $3.64 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 20th. Investors of record on Friday, September 1st will be paid a dividend of $0.755 per share. The ex-dividend date of this dividend is Wednesday, August 30th. This represents a $3.02 dividend on an annualized basis and a dividend yield of 3.88%. Dominion Energy’s payout ratio is 87.28%.

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A number of research analysts recently commented on the company. Zacks Investment Research upgraded Dominion Energy from a “sell” rating to a “hold” rating in a research report on Friday, August 4th. Deutsche Bank AG raised their price target on Dominion Energy from $76.00 to $77.00 and gave the stock a “hold” rating in a research report on Thursday, August 3rd. Citigroup Inc. decreased their price target on Dominion Energy from $78.00 to $76.00 and set a “neutral” rating on the stock in a research report on Wednesday, July 26th. BidaskClub cut Dominion Energy from a “buy” rating to a “hold” rating in a research report on Saturday, June 24th. Finally, Royal Bank Of Canada set a $77.00 price target on Dominion Energy and gave the stock a “hold” rating in a research report on Saturday, June 3rd. Nine investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. Dominion Energy currently has an average rating of “Hold” and a consensus target price of $80.57.

Dominion Energy Company 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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