Moody National Bank Trust Division continued to hold its position in Dominion Energy Inc. (NYSE:D) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 10,118 shares of the utilities provider’s stock at the end of the second quarter. Moody National Bank Trust Division’s holdings in Dominion Energy were worth $775,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. BlackRock Inc. increased its position in Dominion Energy by 3,615.9% in the first quarter. BlackRock Inc. now owns 45,518,516 shares of the utilities provider’s stock worth $3,530,873,000 after buying an additional 44,293,566 shares during the last quarter. Vanguard Group Inc. increased its position in Dominion Energy by 3.4% in the first quarter. Vanguard Group Inc. now owns 43,602,368 shares of the utilities provider’s stock worth $3,382,237,000 after buying an additional 1,435,767 shares during the last quarter. Wellington Management Group LLP increased its position in Dominion Energy by 2.7% in the first quarter. Wellington Management Group LLP now owns 30,572,031 shares of the utilities provider’s stock worth $2,371,472,000 after buying an additional 790,484 shares during the last quarter. Geode Capital Management LLC increased its position in Dominion Energy by 7.7% in the first quarter. Geode Capital Management LLC now owns 5,843,417 shares of the utilities provider’s stock worth $452,596,000 after buying an additional 420,250 shares during the last quarter. Finally, Wells Fargo & Company MN increased its position in Dominion Energy by 24.0% in the first quarter. Wells Fargo & Company MN now owns 4,900,432 shares of the utilities provider’s stock worth $380,127,000 after buying an additional 949,647 shares during the last quarter. 64.48% of the stock is currently owned by institutional investors and hedge funds.

Shares of Dominion Energy Inc. (NYSE D) opened at 80.24 on Wednesday. Dominion Energy Inc. has a 12 month low of $69.51 and a 12 month high of $81.65. The company’s 50-day moving average price is $77.53 and its 200-day moving average price is $77.55. The company has a market cap of $51.56 billion, a P/E ratio of 23.22 and a beta of 0.28.

Dominion Energy (NYSE:D) last announced its earnings results on Wednesday, August 2nd. The utilities provider reported $0.67 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.66 by $0.01. Dominion Energy had a return on equity of 14.04% and a net margin of 17.48%. The business 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 earned $0.71 earnings per share. The company’s revenue for the quarter was up 8.3% compared to the same quarter last year. Equities analysts forecast that Dominion Energy Inc. will post $3.64 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 20th. Stockholders of record on Friday, September 1st will be given a dividend of $0.755 per share. This represents a $3.02 dividend on an annualized basis and a dividend yield of 3.76%. The ex-dividend date is Wednesday, August 30th. Dominion Energy’s payout ratio is 87.28%.

TRADEMARK VIOLATION WARNING: This report was first posted by Watch List News and is the property of of Watch List News. If you are reading this report on another publication, it was illegally copied and reposted in violation of international trademark and copyright law. The original version of this report can be read at https://www.watchlistnews.com/moody-national-bank-trust-division-has-775000-stake-in-dominion-energy-inc-d/1530783.html.

D has been the topic of a number of recent research reports. Zacks Investment Research raised Dominion Energy from a “sell” rating to a “hold” rating in a research report on Friday, August 4th. Royal Bank Of Canada set a $77.00 price objective on Dominion Energy and gave the company a “hold” rating in a research report on Saturday, June 3rd. Morgan Stanley dropped their price objective on Dominion Energy from $81.00 to $79.00 and set an “equal weight” rating on the stock in a research report on Monday, May 8th. Deutsche Bank AG raised their price objective on Dominion Energy from $76.00 to $77.00 and gave the company a “hold” rating in a research report on Thursday, August 3rd. Finally, Citigroup Inc. dropped their price objective 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. Eight analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Dominion Energy has a consensus rating of “Hold” and an average price target 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.

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:D).

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

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