Tokio Marine Asset Management Co. Ltd. lessened its position in Dominion Energy Inc. (NYSE:D) by 15.1% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 14,297 shares of the utilities provider’s stock after selling 2,545 shares during the period. Tokio Marine Asset Management Co. Ltd.’s holdings in Dominion Energy were worth $1,100,000 as of its most recent filing with the SEC.

Other institutional investors have also recently made changes to their positions in the company. Conning Inc. boosted its position in shares of Dominion Energy by 203.7% during the third quarter. Conning Inc. now owns 52,813 shares of the utilities provider’s stock valued at $4,063,000 after buying an additional 35,425 shares during the last quarter. Cable Hill Partners LLC boosted its position in shares of Dominion Energy by 9,656.7% during the third quarter. Cable Hill Partners LLC now owns 2,927 shares of the utilities provider’s stock valued at $225,000 after buying an additional 2,897 shares during the last quarter. Bremer Trust National Association boosted its position in shares of Dominion Energy by 20.0% during the third quarter. Bremer Trust National Association now owns 4,369 shares of the utilities provider’s stock valued at $336,000 after buying an additional 727 shares during the last quarter. Victory Capital Management Inc. boosted its position in shares of Dominion Energy by 23.9% during the third quarter. Victory Capital Management Inc. now owns 154,519 shares of the utilities provider’s stock valued at $11,887,000 after buying an additional 29,846 shares during the last quarter. Finally, OLD National Bancorp IN boosted its position in shares of Dominion Energy by 36.0% during the third quarter. OLD National Bancorp IN now owns 10,227 shares of the utilities provider’s stock valued at $787,000 after buying an additional 2,707 shares during the last quarter. 64.41% of the stock is owned by hedge funds and other institutional investors.

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Shares of Dominion Energy Inc. (NYSE:D) opened at $80.67 on Friday. The company has a market capitalization of $51,913.57, a price-to-earnings ratio of 21.98, a P/E/G ratio of 3.91 and a beta of 0.29. Dominion Energy Inc. has a fifty-two week low of $69.51 and a fifty-two week high of $82.13. The company has a current ratio of 0.47, a quick ratio of 0.26 and a debt-to-equity ratio of 1.67.

Dominion Energy (NYSE:D) last issued its quarterly earnings results on Monday, October 30th. The utilities provider reported $1.04 EPS for the quarter, topping the Zacks’ consensus estimate of $1.02 by $0.02. The business had revenue of $3.18 billion for the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same period last year, the company posted $1.14 earnings per share. analysts anticipate that Dominion Energy Inc. will post 3.61 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 20th. Investors of record on Friday, December 1st will be issued a dividend of $0.77 per share. This is a positive change from Dominion Energy’s previous quarterly dividend of $0.76. This represents a $3.08 dividend on an annualized basis and a yield of 3.82%. The ex-dividend date of this dividend is Thursday, November 30th. Dominion Energy’s dividend payout ratio (DPR) is 89.09%.

Several research analysts recently issued reports on the company. J P Morgan Chase & Co lifted their target price on Dominion Energy from $78.00 to $82.00 and gave the company 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 reaffirmed a “hold” rating on shares of Dominion Energy in a research report on Wednesday. KeyCorp reaffirmed a “hold” rating on shares of Dominion Energy in a research report on Friday, September 1st. Finally, Citigroup Inc. lifted their target price on Dominion Energy from $76.00 to $78.00 and gave the company 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. The company currently has a consensus rating of “Hold” and an average price target of $80.70.

About Dominion Energy

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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