Sigma Planning Corp Boosts Holdings in Dominion Energy Inc. (D)

Sigma Planning Corp raised its holdings in shares of Dominion Energy Inc. (NYSE:D) by 14.2% during the third quarter, according to its most recent filing with the SEC. The firm owned 27,709 shares of the utilities provider’s stock after purchasing an additional 3,449 shares during the period. Sigma Planning Corp’s holdings in Dominion Energy were worth $2,132,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of D. BlackRock Inc. increased its position in Dominion Energy by 3,615.9% during the 1st quarter. BlackRock Inc. now owns 45,518,516 shares of the utilities provider’s stock valued at $3,530,873,000 after purchasing an additional 44,293,566 shares during the period. Janus Henderson Group PLC grew its position in shares of Dominion Energy by 1,955.1% in the 2nd quarter. Janus Henderson Group PLC now owns 1,672,437 shares of the utilities provider’s stock worth $128,159,000 after buying an additional 1,591,057 shares during the last quarter. Vanguard Group Inc. grew its position in shares of Dominion Energy by 3.4% in the 1st 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. Wells Fargo & Company MN grew its position in shares of Dominion Energy by 24.7% in the 2nd quarter. Wells Fargo & Company MN now owns 6,110,200 shares of the utilities provider’s stock worth $468,223,000 after buying an additional 1,209,768 shares during the last quarter. Finally, Commonwealth Bank of Australia grew its position in shares of Dominion Energy by 31.7% in the 2nd quarter. Commonwealth Bank of Australia now owns 4,211,120 shares of the utilities provider’s stock worth $322,696,000 after buying an additional 1,014,670 shares during the last quarter. 64.27% of the stock is currently owned by institutional investors and hedge funds.

In other Dominion Energy news, Director John W. Harris sold 5,616 shares of Dominion Energy stock in a transaction that occurred on Friday, November 3rd. The shares were sold at an average price of $80.71, for a total transaction of $453,267.36. Following the completion of the sale, the director now directly owns 18,920 shares in the company, valued at approximately $1,527,033.20. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.37% of the company’s stock.

A number of brokerages have recently issued reports on D. Gabelli reaffirmed a “hold” rating on shares of Dominion Energy in a research report on Wednesday, November 1st. Bank of America Corporation began coverage on shares of Dominion Energy in a research report on Tuesday, October 24th. They issued a “neutral” rating and a $80.00 price objective on the stock. KeyCorp reaffirmed a “hold” rating on shares of Dominion Energy in a research report on Friday, October 20th. Goldman Sachs Group, Inc. (The) reaffirmed a “neutral” rating and issued a $78.00 price objective on shares of Dominion Energy in a research report on Thursday, September 14th. Finally, Citigroup Inc. lifted their price objective on shares of Dominion Energy from $76.00 to $78.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 17th. Fifteen research analysts have rated the stock with a hold rating and two have given a buy rating to the company. Dominion Energy has an average rating of “Hold” and a consensus target price of $80.70.

Dominion Energy Inc. (NYSE D) traded up $1.04 during mid-day trading on Tuesday, reaching $81.85. 1,631,200 shares of the company were exchanged, compared to its average volume of 2,345,604. The firm has a market cap of $52,003.64, a PE ratio of 22.02, a PEG ratio of 3.92 and a beta of 0.29. The company has a quick ratio of 0.29, a current ratio of 0.47 and a debt-to-equity ratio of 1.67. Dominion Energy Inc. has a one year low of $69.51 and a one year high of $82.13.

Dominion Energy (NYSE:D) last released its earnings results on Monday, October 30th. The utilities provider reported $1.04 EPS for the quarter, topping analysts’ consensus estimates of $1.02 by $0.02. The company had revenue of $3.18 billion during the quarter, compared to analysts’ expectations of $3.31 billion. Dominion Energy had a net margin of 17.21% and a return on equity of 13.32%. Dominion Energy’s revenue for the quarter was up 1.5% on a year-over-year basis. During the same period last year, the business earned $1.14 EPS. sell-side analysts anticipate that Dominion Energy Inc. will post 3.61 earnings per share for the current 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 paid a dividend of $0.77 per share. This represents a $3.08 annualized dividend and a yield of 3.76%. This is a boost from Dominion Energy’s previous quarterly dividend of $0.76. The ex-dividend date is Thursday, November 30th. Dominion Energy’s payout ratio is presently 89.09%.

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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.

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

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