Hall Capital Management Co. Inc. decreased its holdings in shares of Dominion Energy Inc. (NYSE:D) by 3.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 23,671 shares of the utilities provider’s stock after selling 805 shares during the quarter. Dominion Energy comprises approximately 1.7% of Hall Capital Management Co. Inc.’s portfolio, making the stock its 21st biggest holding. Hall Capital Management Co. Inc.’s holdings in Dominion Energy were worth $1,814,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. Tradewinds Capital Management LLC increased its holdings in shares of Dominion Energy by 0.9% in the second quarter. Tradewinds Capital Management LLC now owns 1,318 shares of the utilities provider’s stock worth $101,000 after purchasing an additional 12 shares during the period. Tortoise Capital Advisors L.L.C. increased its holdings in shares of Dominion Energy by 336.3% in the second quarter. Tortoise Capital Advisors L.L.C. now owns 1,396 shares of the utilities provider’s stock worth $107,000 after purchasing an additional 1,076 shares during the period. Pacad Investment Ltd. bought a new position in shares of Dominion Energy in the second quarter worth $107,000. Enterprise Financial Services Corp increased its holdings in shares of Dominion Energy by 5.8% in the second quarter. Enterprise Financial Services Corp now owns 1,456 shares of the utilities provider’s stock worth $112,000 after purchasing an additional 80 shares during the period. Finally, Monroe Bank & Trust MI increased its holdings in shares of Dominion Energy by 36.1% in the second quarter. Monroe Bank & Trust MI now owns 1,507 shares of the utilities provider’s stock worth $116,000 after purchasing an additional 400 shares during the period. 64.43% of the stock is currently owned by institutional investors and hedge funds.

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Several brokerages recently issued reports on D. Zacks Investment Research upgraded 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 report on Tuesday, October 3rd. KeyCorp reiterated a “hold” rating on shares of Dominion Energy in a research report on Friday, September 1st. Royal Bank Of Canada reiterated a “hold” rating and issued a $77.00 target price on shares of Dominion Energy in a research report on Monday, August 21st. Deutsche Bank AG upped their target price on shares of Dominion Energy from $76.00 to $77.00 and gave the stock a “hold” rating in a research report on Thursday, August 3rd. Finally, BidaskClub lowered shares of Dominion Energy from a “buy” rating to a “hold” rating in a research report on Saturday, June 24th. Eleven analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $80.78.

Shares of Dominion Energy Inc. (NYSE D) opened at 78.96 on Wednesday. The stock’s 50 day moving average is $78.04 and its 200-day moving average is $78.11. Dominion Energy Inc. has a 12-month low of $69.51 and a 12-month high of $81.65. The stock has a market capitalization of $50.74 billion, a price-to-earnings ratio of 22.85 and a beta of 0.28.

Dominion Energy (NYSE:D) last released its quarterly earnings results on Wednesday, August 2nd. The utilities provider reported $0.67 EPS for the quarter, topping analysts’ consensus estimates of $0.66 by $0.01. Dominion Energy had a net margin of 17.48% and a return on equity of 14.04%. The firm had revenue of $2.81 billion during the quarter, compared to analysts’ expectations of $2.94 billion. During the same period in the previous year, the company earned $0.71 EPS. The firm’s revenue for the quarter was up 8.3% compared to the same quarter last year. On average, analysts expect that Dominion Energy Inc. will post $3.63 earnings per share for the current year.

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

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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