Guardian Capital LP Buys New Position in Dominion Energy Inc. (D)

Guardian Capital LP bought a new stake in shares of Dominion Energy Inc. (NYSE:D) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 3,560 shares of the utilities provider’s stock, valued at approximately $273,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Bollard Group LLC increased its stake in shares of Dominion Energy by 0.8% during the second quarter. Bollard Group LLC now owns 1,528 shares of the utilities provider’s stock valued at $117,000 after buying an additional 12 shares during the period. Tradewinds Capital Management LLC increased its stake in shares of Dominion Energy by 0.9% during the second quarter. Tradewinds Capital Management LLC now owns 1,318 shares of the utilities provider’s stock valued at $101,000 after buying an additional 12 shares during the period. Wsfs Capital Management LLC increased its stake in shares of Dominion Energy by 0.4% during the second quarter. Wsfs Capital Management LLC now owns 2,969 shares of the utilities provider’s stock valued at $228,000 after buying an additional 12 shares during the period. Farmers National Bank increased its stake in shares of Dominion Energy by 0.3% during the first quarter. Farmers National Bank now owns 4,673 shares of the utilities provider’s stock valued at $347,000 after buying an additional 16 shares during the period. Finally, Omnia Family Wealth LLC increased its stake in shares of Dominion Energy by 0.3% during the second quarter. Omnia Family Wealth LLC now owns 4,998 shares of the utilities provider’s stock valued at $383,000 after buying an additional 16 shares during the period. 64.43% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Dominion Energy Inc. (NYSE:D) opened at 78.88 on Thursday. Dominion Energy Inc. has a 52-week low of $69.51 and a 52-week high of $81.65. The company’s 50 day moving average price is $78.00 and its 200 day moving average price is $78.14. The company has a market capitalization of $50.69 billion, a price-to-earnings ratio of 22.83 and a beta of 0.28.

Dominion Energy (NYSE:D) last released its quarterly earnings data on Wednesday, August 2nd. The utilities provider reported $0.67 EPS for the quarter, topping the consensus estimate of $0.66 by $0.01. The company had revenue of $2.81 billion for the quarter, compared to the consensus estimate of $2.94 billion. Dominion Energy had a return on equity of 14.04% and a net margin of 17.48%. Dominion Energy’s quarterly revenue was up 8.3% on a year-over-year basis. During the same period last year, the business posted $0.71 EPS. On average, analysts predict that Dominion Energy Inc. will post $3.63 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 20th. Shareholders of record on Friday, December 1st will be issued a dividend of $0.77 per share. This is an increase from Dominion Energy’s previous quarterly dividend of $0.76. This represents a $3.08 annualized dividend and a yield of 3.90%. The ex-dividend date is Thursday, November 30th. Dominion Energy’s dividend payout ratio (DPR) is presently 87.28%.

WARNING: This story was posted by StockNewsTimes and is the sole property of of StockNewsTimes. If you are viewing this story on another domain, it was stolen and reposted in violation of United States and international trademark and copyright laws. The original version of this story can be accessed at https://stocknewstimes.com/2017/10/19/guardian-capital-lp-buys-new-position-in-dominion-energy-inc-d.html.

D has been the topic of several research analyst reports. Zacks Investment Research raised Dominion Energy from a “sell” rating to a “hold” rating in a research note on Friday, August 4th. Deutsche Bank AG boosted their target price on Dominion Energy from $76.00 to $77.00 and gave the company a “hold” rating in a research note on Thursday, August 3rd. Goldman Sachs Group, Inc. (The) reissued a “neutral” rating and set a $78.00 target price on shares of Dominion Energy in a research note on Thursday, September 14th. Royal Bank Of Canada reissued a “hold” rating and set a $77.00 target price on shares of Dominion Energy in a research note on Monday, August 21st. Finally, Citigroup Inc. reduced their target price on Dominion Energy from $78.00 to $76.00 and set a “neutral” rating on the stock in a research note on Wednesday, July 26th. Eleven equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $80.78.

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.

Want to see what other hedge funds are holding D? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dominion Energy Inc. (NYSE:D).

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

Receive News & Ratings for Dominion Energy Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dominion Energy Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply