Boston Private Wealth LLC raised its position in shares of Dominion Energy Inc (NYSE:D) by 9.9% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 124,775 shares of the utilities provider’s stock after acquiring an additional 11,213 shares during the period. Boston Private Wealth LLC’s holdings in Dominion Energy were worth $9,648,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Nalls Sherbakoff Group LLC acquired a new position in shares of Dominion Energy during the fourth quarter valued at about $26,000. Interactive Financial Advisors acquired a new position in Dominion Energy in the first quarter worth about $26,000. Massey Quick Simon & CO. LLC acquired a new position in Dominion Energy in the first quarter worth about $27,000. Mark Sheptoff Financial Planning LLC raised its position in Dominion Energy by 133.3% in the first quarter. Mark Sheptoff Financial Planning LLC now owns 350 shares of the utilities provider’s stock worth $27,000 after purchasing an additional 200 shares in the last quarter. Finally, Rocky Mountain Advisers LLC acquired a new position in Dominion Energy in the first quarter worth about $31,000. Institutional investors own 63.81% of the company’s stock.

D traded down $0.83 during mid-day trading on Tuesday, hitting $75.43. The stock had a trading volume of 2,846,484 shares, compared to its average volume of 4,231,170. The business’s fifty day simple moving average is $77.10. The company has a debt-to-equity ratio of 1.35, a current ratio of 0.61 and a quick ratio of 0.44. The firm has a market cap of $60.78 billion, a price-to-earnings ratio of 18.62, a price-to-earnings-growth ratio of 3.82 and a beta of 0.27. Dominion Energy Inc has a 1-year low of $67.41 and a 1-year high of $79.47.

Dominion Energy (NYSE:D) last issued its quarterly earnings data on Friday, May 3rd. The utilities provider reported $1.10 EPS for the quarter, missing analysts’ consensus estimates of $1.12 by ($0.02). Dominion Energy had a return on equity of 12.35% and a net margin of 9.19%. The company had revenue of $3.86 billion for the quarter, compared to analyst estimates of $4.84 billion. During the same quarter in the previous year, the business earned $1.14 earnings per share. The company’s revenue was up 11.3% on a year-over-year basis. As a group, analysts forecast that Dominion Energy Inc will post 4.17 earnings per share for the current year.

Several research firms have recently weighed in on D. KeyCorp began coverage on shares of Southern in a report on Tuesday, June 4th. They set a “sector weight” rating for the company. TheStreet lowered shares of Viewray from a “c-” rating to a “d” rating in a report on Friday, May 3rd. Zacks Investment Research lowered shares of GENEL ENERGY PL/ADR from a “hold” rating to a “sell” rating in a report on Thursday, July 4th. Bank of America set a $10.00 price objective on shares of HEXO and gave the stock a “buy” rating in a report on Thursday, June 13th. Finally, Credit Suisse Group set a $199.00 price target on shares of NextEra Energy and gave the company a “buy” rating in a research note on Monday, April 22nd. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating and four have given a buy rating to the company. Dominion Energy currently has a consensus rating of “Hold” and an average price target of $85.54.

About Dominion Energy

Dominion Energy, Inc produces and transports energy. The company's Power Delivery segment engages in the regulated electric transmission and distribution operations that serve residential, commercial, industrial, and governmental customers in Virginia and North Carolina. Its Power Generation segment is involved in the electricity generation activities.

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

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