South State Corp raised its position in shares of Dominion Energy Inc. (NYSE:D) by 6.5% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,735 shares of the utilities provider’s stock after acquiring an additional 1,018 shares during the period. South State Corp’s holdings in Dominion Energy were worth $1,288,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. WINTON GROUP Ltd purchased a new stake in shares of Dominion Energy during the 2nd quarter worth approximately $1,115,000. Verition Fund Management LLC purchased a new stake in Dominion Energy during the 2nd quarter valued at $995,000. Westwood Holdings Group Inc. raised its holdings in Dominion Energy by 27.5% during the 2nd quarter. Westwood Holdings Group Inc. now owns 7,769 shares of the utilities provider’s stock valued at $595,000 after buying an additional 1,674 shares during the period. Shell Asset Management Co. raised its holdings in Dominion Energy by 64.7% during the 3rd quarter. Shell Asset Management Co. now owns 343,550 shares of the utilities provider’s stock valued at $23,736,000 after buying an additional 134,951 shares during the period. Finally, Dynamic Technology Lab Private Ltd purchased a new stake in Dominion Energy during the 2nd quarter valued at $528,000. 64.39% of the stock is currently owned by institutional investors and hedge funds.

Several analysts recently weighed in on D shares. Deutsche Bank AG increased their price target on Dominion Energy from $76.00 to $77.00 and gave the company a “hold” rating in a report on Thursday, August 3rd. Zacks Investment Research upgraded Dominion Energy from a “sell” rating to a “hold” rating in a report on Friday, August 4th. Royal Bank Of Canada restated a “hold” rating and set a $77.00 price target on shares of Dominion Energy in a report on Monday, August 21st. KeyCorp restated a “hold” rating on shares of Dominion Energy in a report on Friday, September 1st. Finally, Goldman Sachs Group Inc restated a “neutral” rating and set a $78.00 price target on shares of Dominion Energy in a report on Thursday, September 14th. Fourteen analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Dominion Energy presently has a consensus rating of “Hold” and an average price target of $80.70.

Dominion Energy Inc. (D) opened at $82.21 on Friday. The company has a market capitalization of $52,872.41, a price-to-earnings ratio of 22.39, a price-to-earnings-growth ratio of 4.10 and a beta of 0.29. The company has a debt-to-equity ratio of 1.67, a current ratio of 0.47 and a quick ratio of 0.29. Dominion Energy Inc. has a 12-month low of $70.87 and a 12-month high of $83.64.

Dominion Energy (NYSE:D) last announced its quarterly earnings data on Monday, October 30th. The utilities provider reported $1.04 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.02 by $0.02. The company had revenue of $3.18 billion for the quarter, compared to the consensus estimate of $3.31 billion. Dominion Energy had a return on equity of 13.32% and a net margin of 17.21%. Dominion Energy’s quarterly revenue was up 1.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.14 EPS. equities research analysts expect that Dominion Energy Inc. will post 3.6 earnings per share for the current fiscal year.

The firm also recently disclosed 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 annualized dividend and a yield of 3.75%. The ex-dividend date is Thursday, November 30th. This is an increase from Dominion Energy’s previous quarterly dividend of $0.76. Dominion Energy’s dividend payout ratio is 89.09%.

In other Dominion Energy news, Director John W. Harris sold 5,616 shares of the company’s stock in a transaction on Friday, November 3rd. The stock was sold at an average price of $80.71, for a total value of $453,267.36. Following the transaction, the director now owns 18,920 shares of the company’s stock, valued at approximately $1,527,033.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.37% of the company’s stock.

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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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