Jones Financial Companies Lllp lessened its position in shares of Dominion Energy Inc (NYSE:D) by 4.9% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 26,482 shares of the utilities provider’s stock after selling 1,377 shares during the quarter. Jones Financial Companies Lllp’s holdings in Dominion Energy were worth $2,146,000 as of its most recent SEC filing.
A number of other large investors have also recently added to or reduced their stakes in D. Raymond James Financial Services Advisors Inc. grew its stake in Dominion Energy by 10.2% during the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 304,261 shares of the utilities provider’s stock worth $23,406,000 after buying an additional 28,126 shares during the last quarter. Victory Capital Management Inc. grew its stake in Dominion Energy by 23.9% during the 3rd quarter. Victory Capital Management Inc. now owns 154,519 shares of the utilities provider’s stock worth $11,887,000 after buying an additional 29,846 shares during the last quarter. Daiwa Securities Group Inc. grew its stake in Dominion Energy by 3.5% during the 3rd quarter. Daiwa Securities Group Inc. now owns 18,529 shares of the utilities provider’s stock worth $1,425,000 after buying an additional 629 shares during the last quarter. Candriam Luxembourg S.C.A. grew its stake in Dominion Energy by 3.7% during the 3rd quarter. Candriam Luxembourg S.C.A. now owns 42,554 shares of the utilities provider’s stock worth $3,274,000 after buying an additional 1,512 shares during the last quarter. Finally, Alps Advisors Inc. grew its stake in Dominion Energy by 7.8% during the 3rd quarter. Alps Advisors Inc. now owns 79,993 shares of the utilities provider’s stock worth $6,154,000 after buying an additional 5,800 shares during the last quarter. Hedge funds and other institutional investors own 65.33% of the company’s stock.
In related news, Director John W. Harris sold 11,254 shares of the firm’s stock in a transaction that occurred on Thursday, June 14th. The stock was sold at an average price of $79.94, for a total value of $899,644.76. Following the completion of the transaction, the director now directly owns 13,282 shares of the company’s stock, valued at approximately $1,061,763.08. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Joseph M. Rigby acquired 2,679 shares of the company’s stock in a transaction that occurred on Wednesday, February 28th. The stock was purchased at an average cost of $74.65 per share, with a total value of $199,987.35. The disclosure for this purchase can be found here. 0.37% of the stock is owned by company insiders.
Shares of Dominion Energy Inc (NYSE:D) opened at $72.87 on Monday. The company has a quick ratio of 0.30, a current ratio of 0.45 and a debt-to-equity ratio of 1.60. The company has a market capitalization of $47,476.61, a P/E ratio of 20.30, a PEG ratio of 2.55 and a beta of 0.23. Dominion Energy Inc has a 1-year low of $71.91 and a 1-year high of $85.30.
Dominion Energy (NYSE:D) last posted its quarterly earnings results on Monday, January 29th. The utilities provider reported $0.91 EPS for the quarter, beating the consensus estimate of $0.89 by $0.02. The business had revenue of $3.21 billion during the quarter, compared to analysts’ expectations of $3.47 billion. Dominion Energy had a return on equity of 12.67% and a net margin of 24.92%. The company’s quarterly revenue was up 4.0% compared to the same quarter last year. During the same period last year, the firm earned $0.99 EPS. sell-side analysts anticipate that Dominion Energy Inc will post 4.05 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 20th. Stockholders of record on Friday, March 2nd will be issued a $0.835 dividend. This is a boost from Dominion Energy’s previous quarterly dividend of $0.77. This represents a $3.34 annualized dividend and a dividend yield of 4.58%. The ex-dividend date of this dividend is Thursday, March 1st. Dominion Energy’s dividend payout ratio (DPR) is currently 68.02%.
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Dominion Energy Company 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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