Dominion Resources, Inc. (NYSE:D) – KeyCorp issued their Q1 2017 earnings per share estimates for Dominion Resources in a note issued to investors on Tuesday. KeyCorp analyst P. Ridzon expects that the utilities provider will earn $0.96 per share for the quarter.

Dominion Resources (NYSE:D) last issued its earnings results on Wednesday, February 1st. The utilities provider reported $0.99 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.00 by $0.01. Dominion Resources had a return on equity of 15.42% and a net margin of 18.09%. The business had revenue of $3.08 billion for the quarter, compared to analysts’ expectations of $3.84 billion. During the same period last year, the business earned $0.70 EPS. The company’s revenue for the quarter was up 20.6% on a year-over-year basis.

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A number of other equities analysts have also recently weighed in on D. Tudor Pickering cut shares of Dominion Resources from a “buy” rating to a “hold” rating in a research note on Monday, April 3rd. Evercore ISI began coverage on shares of Dominion Resources in a research note on Thursday, January 5th. They set a “hold” rating on the stock. Deutsche Bank AG upped their price target on shares of Dominion Resources from $74.00 to $76.00 and gave the stock a “hold” rating in a research note on Tuesday, April 11th. Zacks Investment Research raised shares of Dominion Resources from a “sell” rating to a “hold” rating in a research note on Monday, April 3rd. Finally, Royal Bank of Canada reaffirmed a “hold” rating and set a $77.00 price target on shares of Dominion Resources in a research note on Thursday, February 16th. Nine investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. The company has an average rating of “Hold” and an average price target of $79.64.

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Dominion Resources (NYSE:D) opened at 77.34 on Thursday. Dominion Resources has a one year low of $68.71 and a one year high of $79.36. The stock has a market cap of $48.58 billion, a PE ratio of 22.48 and a beta of 0.25. The company’s 50 day moving average is $77.27 and its 200 day moving average is $74.94.

Several large investors have recently added to or reduced their stakes in D. Norway Savings Bank purchased a new stake in Dominion Resources during the fourth quarter valued at about $100,000. Burt Wealth Advisors boosted its stake in Dominion Resources by 23.8% in the third quarter. Burt Wealth Advisors now owns 1,416 shares of the utilities provider’s stock valued at $105,000 after buying an additional 272 shares in the last quarter. Bollard Group LLC boosted its stake in Dominion Resources by 653.0% in the third quarter. Bollard Group LLC now owns 1,491 shares of the utilities provider’s stock valued at $111,000 after buying an additional 1,293 shares in the last quarter. TLP Group LLC purchased a new stake in Dominion Resources during the third quarter valued at about $120,000. Finally, First Quadrant L P CA boosted its stake in Dominion Resources by 576.7% in the third quarter. First Quadrant L P CA now owns 2,030 shares of the utilities provider’s stock valued at $151,000 after buying an additional 1,730 shares in the last quarter. 65.93% of the stock is currently owned by institutional investors.

In other Dominion Resources news, Director John W. Harris sold 5,697 shares of the firm’s stock in a transaction dated Tuesday, March 14th. The shares were sold at an average price of $76.55, for a total transaction of $436,105.35. Following the sale, the director now directly owns 22,503 shares of the company’s stock, valued at approximately $1,722,604.65. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Susan N. Story purchased 1,000 shares of the firm’s stock in a transaction on Friday, February 3rd. The shares were purchased at an average cost of $71.90 per share, for a total transaction of $71,900.00. Following the completion of the purchase, the director now directly owns 1,562 shares in the company, valued at $112,307.80. The disclosure for this purchase can be found here. 0.37% of the stock is currently owned by corporate insiders.

Dominion Resources Company Profile

Dominion Resources, Inc (Dominion) 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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