Windward Capital Management Co. CA Has $1.71 Million Stake in Dominion Energy Inc. (D)

Windward Capital Management Co. CA lifted its position in Dominion Energy Inc. (NYSE:D) by 96.0% in the fourth quarter, HoldingsChannel reports. The firm owned 21,068 shares of the utilities provider’s stock after purchasing an additional 10,317 shares during the quarter. Windward Capital Management Co. CA’s holdings in Dominion Energy were worth $1,708,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. grew its stake in Dominion Energy by 2.7% during the second quarter. Vanguard Group Inc. now owns 44,796,520 shares of the utilities provider’s stock valued at $3,432,756,000 after acquiring an additional 1,194,152 shares in the last quarter. Federated Investors Inc. PA grew its stake in Dominion Energy by 5.4% during the second quarter. Federated Investors Inc. PA now owns 8,967,983 shares of the utilities provider’s stock valued at $687,216,000 after acquiring an additional 461,484 shares in the last quarter. Wells Fargo & Company MN grew its stake in Dominion Energy by 4.0% during the third quarter. Wells Fargo & Company MN now owns 6,355,070 shares of the utilities provider’s stock valued at $488,896,000 after acquiring an additional 244,870 shares in the last quarter. Legal & General Group Plc grew its stake in Dominion Energy by 6.0% during the third quarter. Legal & General Group Plc now owns 4,475,084 shares of the utilities provider’s stock valued at $344,260,000 after acquiring an additional 253,699 shares in the last quarter. Finally, Commonwealth Bank of Australia grew its stake in Dominion Energy by 0.9% during the third quarter. Commonwealth Bank of Australia now owns 4,247,763 shares of the utilities provider’s stock valued at $325,607,000 after acquiring an additional 36,643 shares in the last quarter. 64.60% of the stock is owned by hedge funds and other institutional investors.

Several equities analysts recently weighed in on the stock. JPMorgan Chase & Co. raised their target price on shares of Dominion Energy from $78.00 to $82.00 and gave the company a “neutral” rating in a research note on Thursday, October 12th. Zacks Investment Research raised shares of Dominion Energy from a “hold” rating to a “buy” rating and set a $86.00 target price for the company in a research note on Tuesday, October 3rd. Gabelli reaffirmed a “hold” rating on shares of Dominion Energy in a research note on Wednesday, November 1st. Bank of America set a $87.00 target price on shares of Dominion Energy and gave the company a “buy” rating in a research note on Wednesday, January 3rd. Finally, Citigroup increased their price objective on shares of Dominion Energy from $76.00 to $78.00 and gave the company a “neutral” rating in a research report on Tuesday, October 17th. Eleven research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $82.20.

Dominion Energy Inc. (D) opened at $76.21 on Thursday. Dominion Energy Inc. has a 12-month low of $70.87 and a 12-month high of $85.30. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.29 and a current ratio of 0.47. The company has a market cap of $49,040.00, a price-to-earnings ratio of 22.48, a price-to-earnings-growth ratio of 3.37 and a beta of 0.30.

Dominion Energy (NYSE:D) last released 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. Dominion Energy had a net margin of 17.21% and a return on equity of 13.32%. The business had revenue of $3.18 billion during the quarter, compared to analyst estimates of $3.31 billion. During the same quarter last year, the business earned $1.14 earnings per share. Dominion Energy’s quarterly revenue was up 1.5% compared to the same quarter last year. equities research analysts forecast that Dominion Energy Inc. will post 3.6 EPS for the current fiscal year.

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

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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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