Gulf International Bank UK Ltd increased its holdings in shares of Dominion Energy Inc. (NYSE:D) by 1.6% during the fourth quarter, HoldingsChannel.com reports. The fund owned 203,171 shares of the utilities provider’s stock after purchasing an additional 3,200 shares during the quarter. Gulf International Bank UK Ltd’s holdings in Dominion Energy were worth $16,469,000 as of its most recent filing with the SEC.
Other large investors have also added to or reduced their stakes in the company. MPS Loria Financial Planners LLC bought a new position in Dominion Energy during the second quarter worth about $103,000. Johnson Financial Group Inc. increased its position in Dominion Energy by 146.8% during the third quarter. Johnson Financial Group Inc. now owns 1,345 shares of the utilities provider’s stock worth $103,000 after acquiring an additional 800 shares during the period. Pacad Investment Ltd. bought a new position in Dominion Energy during the second quarter worth about $107,000. Monroe Bank & Trust MI increased its position in Dominion Energy by 36.1% during the second quarter. Monroe Bank & Trust MI now owns 1,507 shares of the utilities provider’s stock worth $116,000 after acquiring an additional 400 shares during the period. Finally, Parkside Financial Bank & Trust increased its position in Dominion Energy by 183.2% during the third quarter. Parkside Financial Bank & Trust now owns 1,546 shares of the utilities provider’s stock worth $119,000 after acquiring an additional 1,000 shares during the period. 64.50% of the stock is currently owned by institutional investors and hedge funds.
In other news, Director John W. Harris sold 5,616 shares of the firm’s stock in a transaction that occurred on Friday, November 3rd. The shares were sold at an average price of $80.71, for a total value of $453,267.36. Following the sale, the director now directly owns 18,920 shares in the company, valued at approximately $1,527,033.20. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 0.37% of the company’s stock.
Shares of Dominion Energy Inc. (NYSE:D) traded down $0.67 during trading on Wednesday, reaching $75.27. 9,056,800 shares of the company’s stock were exchanged, compared to its average volume of 5,964,190. The firm has a market capitalization of $48,560.00, a P/E ratio of 22.20, a price-to-earnings-growth ratio of 3.34 and a beta of 0.30. 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 $85.30.
Dominion Energy (NYSE:D) last announced its quarterly earnings data on Monday, October 30th. The utilities provider reported $1.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.02 by $0.02. Dominion Energy had a net margin of 17.21% and a return on equity of 13.32%. The firm had revenue of $3.18 billion for the quarter, compared to the consensus estimate of $3.31 billion. During the same period in the prior year, the company posted $1.14 earnings per share. The business’s revenue for the quarter was up 1.5% on a year-over-year basis. research analysts forecast that Dominion Energy Inc. will post 3.6 earnings per share for the current year.
D has been the topic of a number of analyst reports. Zacks Investment Research upgraded shares of Dominion Energy from a “hold” rating to a “buy” rating and set a $85.00 price objective on the stock in a research note on Wednesday. Bank of America set a $87.00 price objective on shares of Dominion Energy and gave the stock a “buy” rating in a research note on Wednesday, January 3rd. Morgan Stanley increased their price objective on shares of Dominion Energy from $85.00 to $87.00 and gave the stock an “equal weight” rating in a research note on Wednesday, December 13th. KeyCorp reiterated a “hold” rating on shares of Dominion Energy in a research note on Friday, October 20th. Finally, Gabelli reiterated a “hold” rating on shares of Dominion Energy in a research note on Wednesday, November 1st. Ten research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $82.10.
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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.
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