Shares of Dominion Energy Inc. (NYSE:D) have been given a consensus recommendation of “Hold” by the seventeen research firms that are covering the company, MarketBeat reports. Fourteen equities research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $80.13.

Several brokerages have recently issued reports on D. National Bank Financial downgraded shares of Dominion Energy from an “outperfrom under weight” rating to a “sector perform” rating in a research note on Wednesday, October 4th. Royal Bank Of Canada reiterated a “hold” rating and issued a $77.00 target price on shares of Dominion Energy in a research note on Monday, August 21st. Gabelli reiterated a “hold” rating on shares of Dominion Energy in a research note on Wednesday, November 1st. Goldman Sachs Group reiterated a “neutral” rating and issued a $78.00 target price on shares of Dominion Energy in a research note on Thursday, September 14th. Finally, KeyCorp reiterated a “hold” rating on shares of Dominion Energy in a research note on Friday, September 1st.

In other news, Director John W. Harris sold 5,616 shares of the stock in a transaction on Friday, November 3rd. The shares were sold at an average price of $80.71, for a total value of $453,267.36. Following the completion of the sale, the director now directly owns 18,920 shares of the company’s stock, valued at $1,527,033.20. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.37% of the stock is currently owned by corporate insiders.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Chicago Partners Investment Group LLC boosted its position in shares of Dominion Energy by 160.8% during the third quarter. Chicago Partners Investment Group LLC now owns 1,565 shares of the utilities provider’s stock worth $120,000 after acquiring an additional 965 shares during the last quarter. Steward Partners Investment Advisory LLC bought a new position in shares of Dominion Energy during the third quarter worth $1,392,000. Public Employees Retirement System of Ohio boosted its position in shares of Dominion Energy by 3.0% during the third quarter. Public Employees Retirement System of Ohio now owns 445,674 shares of the utilities provider’s stock worth $34,286,000 after acquiring an additional 13,189 shares during the last quarter. Orleans Capital Management Corp LA bought a new position in shares of Dominion Energy during the third quarter worth $256,000. Finally, Tortoise Capital Advisors L.L.C. boosted its position in shares of Dominion Energy by 83.0% during the third quarter. Tortoise Capital Advisors L.L.C. now owns 2,554 shares of the utilities provider’s stock worth $196,000 after acquiring an additional 1,158 shares during the last quarter. 64.67% of the stock is owned by hedge funds and other institutional investors.

Shares of Dominion Energy (NYSE D) traded up $0.20 on Monday, hitting $83.88. 1,477,700 shares of the stock were exchanged, compared to its average volume of 2,317,919. The company has a market cap of $53,980.00, a price-to-earnings ratio of 22.86, a price-to-earnings-growth ratio of 4.13 and a beta of 0.29. The company has a debt-to-equity ratio of 1.67, a current ratio of 0.47 and a quick ratio of 0.29. Dominion Energy has a 52-week low of $70.87 and a 52-week high of $84.47.

Dominion Energy (NYSE:D) last posted its quarterly earnings data on Monday, October 30th. The utilities provider reported $1.04 EPS for the quarter, topping the consensus estimate of $1.02 by $0.02. Dominion Energy had a net margin of 17.21% and a return on equity of 13.32%. The business had revenue of $3.18 billion for the quarter, compared to analyst estimates of $3.31 billion. During the same quarter in the previous year, the firm posted $1.14 earnings per share. Dominion Energy’s quarterly revenue was up 1.5% on a year-over-year basis. sell-side analysts expect that Dominion Energy will post 3.6 earnings per share for the current fiscal year.

The firm also recently announced 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 a boost from Dominion Energy’s previous quarterly dividend of $0.76. This represents a $3.08 dividend on an annualized basis and a yield of 3.67%. The ex-dividend date is Thursday, November 30th. Dominion Energy’s dividend payout ratio is currently 90.86%.

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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)

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