Dominion Energy Inc. (NYSE:D)‘s stock had its “hold” rating reissued by equities research analysts at Gabelli in a report issued on Wednesday. Gabelli also issued estimates for Dominion Energy’s FY2019 earnings at $4.25 EPS, FY2020 earnings at $4.55 EPS and FY2021 earnings at $4.90 EPS.

Several other analysts have also recently issued reports on the stock. Bank of America Corporation assumed coverage on shares of Dominion Energy in a research note on Tuesday, October 24th. They issued a “neutral” rating and a $80.00 target price on the stock. KeyCorp reiterated a “hold” rating on shares of Dominion Energy in a research note on Friday, October 20th. Citigroup Inc. increased their target price on shares of Dominion Energy from $76.00 to $78.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 17th. Zacks Investment Research cut shares of Dominion Energy from a “buy” rating to a “hold” rating in a research note on Friday, October 13th. Finally, J P Morgan Chase & Co increased their target price on shares of Dominion Energy from $78.00 to $82.00 and gave the stock a “neutral” rating in a research note on Thursday, October 12th. Thirteen equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $80.70.

Dominion Energy (NYSE:D) last posted its earnings results on Monday, October 30th. The utilities provider reported $1.04 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.02 by $0.02. Dominion Energy had a net margin of 17.21% and a return on equity of 13.60%. The business had revenue of $3.18 billion for the quarter, compared to analysts’ expectations of $3.31 billion. During the same period in the prior year, the company posted $1.14 EPS. The business’s revenue for the quarter was up 1.5% compared to the same quarter last year.

ILLEGAL ACTIVITY NOTICE: This story was first reported by American Banking News and is the sole property of of American Banking News. If you are reading this story on another site, it was copied illegally and reposted in violation of United States and international copyright & trademark law. The original version of this story can be viewed at https://www.americanbankingnews.com/2017/11/02/dominion-energy-inc-d-receives-hold-rating-from-gabelli.html.

Several large investors have recently modified their holdings of the company. Bollard Group LLC increased its holdings in shares of Dominion Energy by 0.8% in the 2nd quarter. Bollard Group LLC now owns 1,528 shares of the utilities provider’s stock worth $117,000 after buying an additional 12 shares during the last quarter. Tradewinds Capital Management LLC grew its holdings in shares of Dominion Energy by 0.9% during the 2nd quarter. Tradewinds Capital Management LLC now owns 1,318 shares of the utilities provider’s stock valued at $101,000 after purchasing an additional 12 shares during the last quarter. Wsfs Capital Management LLC grew its holdings in shares of Dominion Energy by 0.4% during the 2nd quarter. Wsfs Capital Management LLC now owns 2,969 shares of the utilities provider’s stock valued at $228,000 after purchasing an additional 12 shares during the last quarter. Farmers National Bank grew its holdings in shares of Dominion Energy by 0.3% during the 1st quarter. Farmers National Bank now owns 4,673 shares of the utilities provider’s stock valued at $347,000 after purchasing an additional 16 shares during the last quarter. Finally, Omnia Family Wealth LLC grew its holdings in shares of Dominion Energy by 0.3% during the 2nd quarter. Omnia Family Wealth LLC now owns 4,998 shares of the utilities provider’s stock valued at $383,000 after purchasing an additional 16 shares during the last quarter. 64.41% of the stock is currently owned by hedge funds and other institutional investors.

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.

Analyst Recommendations 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.