Dominion Energy Inc. (D) Stake Raised by New York State Common Retirement Fund

New York State Common Retirement Fund lifted its position in shares of Dominion Energy Inc. (NYSE:D) by 2.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,622,300 shares of the utilities provider’s stock after acquiring an additional 35,399 shares during the quarter. New York State Common Retirement Fund owned 0.26% of Dominion Energy worth $124,317,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the company. Godsey & Gibb Associates lifted its stake in Dominion Energy by 7.9% in the 2nd quarter. Godsey & Gibb Associates now owns 8,800 shares of the utilities provider’s stock valued at $674,000 after buying an additional 645 shares in the last quarter. BRYN MAWR TRUST Co lifted its stake in Dominion Energy by 3.2% in the 2nd quarter. BRYN MAWR TRUST Co now owns 14,120 shares of the utilities provider’s stock valued at $1,082,000 after buying an additional 440 shares in the last quarter. Teachers Insurance & Annuity Association of America lifted its stake in Dominion Energy by 22.0% in the 2nd quarter. Teachers Insurance & Annuity Association of America now owns 168,600 shares of the utilities provider’s stock valued at $12,920,000 after buying an additional 30,400 shares in the last quarter. Magellan Asset Management Ltd lifted its stake in Dominion Energy by 16.7% in the 2nd quarter. Magellan Asset Management Ltd now owns 241,598 shares of the utilities provider’s stock valued at $18,514,000 after buying an additional 34,589 shares in the last quarter. Finally, Thrivent Financial For Lutherans lifted its stake in Dominion Energy by 2.7% in the 2nd quarter. Thrivent Financial For Lutherans now owns 24,004 shares of the utilities provider’s stock valued at $1,839,000 after buying an additional 640 shares in the last quarter. 64.44% of the stock is currently owned by institutional investors and hedge funds.

A number of research analysts recently weighed in on the stock. Zacks Investment Research lowered shares of Dominion Energy from a “hold” rating to a “sell” rating in a research note on Tuesday, July 18th. BidaskClub lowered shares of Dominion Energy from a “buy” rating to a “hold” rating in a research note on Saturday, June 24th. KeyCorp reaffirmed a “hold” rating on shares of Dominion Energy in a research note on Friday, September 1st. Citigroup Inc. decreased their price target on shares of Dominion Energy from $78.00 to $76.00 and set a “neutral” rating on the stock in a research note on Wednesday, July 26th. Finally, Royal Bank Of Canada reaffirmed a “hold” rating and issued a $77.00 price target on shares of Dominion Energy in a research note on Monday, August 21st. Nine analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $80.38.

TRADEMARK VIOLATION WARNING: “Dominion Energy Inc. (D) Stake Raised by New York State Common Retirement Fund” was reported by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are viewing this report on another site, it was illegally copied and republished in violation of US and international copyright and trademark legislation. The correct version of this report can be viewed at https://ledgergazette.com/2017/10/11/dominion-energy-inc-d-stake-raised-by-new-york-state-common-retirement-fund.html.

Shares of Dominion Energy Inc. (NYSE D) opened at 77.74 on Wednesday. The firm has a market cap of $49.95 billion, a P/E ratio of 22.50 and a beta of 0.28. The firm has a 50-day moving average of $78.17 and a 200-day moving average of $78.10. Dominion Energy Inc. has a 12-month low of $69.51 and a 12-month high of $81.65.

Dominion Energy (NYSE:D) last announced its quarterly earnings results on Wednesday, August 2nd. The utilities provider reported $0.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.01. Dominion Energy had a net margin of 17.48% and a return on equity of 14.04%. The company had revenue of $2.81 billion for the quarter, compared to the consensus estimate of $2.94 billion. During the same quarter in the prior year, the firm earned $0.71 earnings per share. The company’s revenue for the quarter was up 8.3% compared to the same quarter last year. On average, equities analysts forecast that Dominion Energy Inc. will post $3.63 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on We

Several other hedge funds have also recently bought and sold shares of the company. Godsey & Gibb Associates lifted its stake in Dominion Energy by 7.9% in the 2nd quarter. Godsey & Gibb Associates now owns 8,800 shares of the utilities provider’s stock valued at $674,000 after buying an additional 645 shares in the last quarter. BRYN MAWR TRUST Co lifted its stake in Dominion Energy by 3.2% in the 2nd quarter. BRYN MAWR TRUST Co now owns 14,120 shares of the utilities provider’s stock valued at $1,082,000 after buying an additional 440 shares in the last quarter. Teachers Insurance & Annuity Association of America lifted its stake in Dominion Energy by 22.0% in the 2nd quarter. Teachers Insurance & Annuity Association of America now owns 168,600 shares of the utilities provider’s stock valued at $12,920,000 after buying an additional 30,400 shares in the last quarter. Magellan Asset Management Ltd lifted its stake in Dominion Energy by 16.7% in the 2nd quarter. Magellan Asset Management Ltd now owns 241,598 shares of the utilities provider’s stock valued at $18,514,000 after buying an additional 34,589 shares in the last quarter. Finally, Thrivent Financial For Lutherans lifted its stake in Dominion Energy by 2.7% in the 2nd quarter. Thrivent Financial For Lutherans now owns 24,004 shares of the utilities provider’s stock valued at $1,839,000 after buying an additional 640 shares in the last quarter. 64.44% of the stock is currently owned by institutional investors and hedge funds.

A number of research analysts recently weighed in on the stock. Zacks Investment Research lowered shares of Dominion Energy from a “hold” rating to a “sell” rating in a research note on Tuesday, July 18th. BidaskClub lowered shares of Dominion Energy from a “buy” rating to a “hold” rating in a research note on Saturday, June 24th. KeyCorp reaffirmed a “hold” rating on shares of Dominion Energy in a research note on Friday, September 1st. Citigroup Inc. decreased their price target on shares of Dominion Energy from $78.00 to $76.00 and set a “neutral” rating on the stock in a research note on Wednesday, July 26th. Finally, Royal Bank Of Canada reaffirmed a “hold” rating and issued a $77.00 price target on shares of Dominion Energy in a research note on Monday, August 21st. Nine analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $80.38.

TRADEMARK VIOLATION WARNING: “Dominion Energy Inc. (D) Stake Raised by New York State Common Retirement Fund” was reported by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are viewing this report on another site, it was illegally copied and republished in violation of US and international copyright and trademark legislation. The correct version of this report can be viewed at https://ledgergazette.com/2017/10/11/dominion-energy-inc-d-stake-raised-by-new-york-state-common-retirement-fund.html.

Shares of Dominion Energy Inc. (NYSE D) opened at 77.74 on Wednesday. The firm has a market cap of $49.95 billion, a P/E ratio of 22.50 and a beta of 0.28. The firm has a 50-day moving average of $78.17 and a 200-day moving average of $78.10. Dominion Energy Inc. has a 12-month low of $69.51 and a 12-month high of $81.65.

Dominion Energy (NYSE:D) last announced its quarterly earnings results on Wednesday, August 2nd. The utilities provider reported $0.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.01. Dominion Energy had a net margin of 17.48% and a return on equity of 14.04%. The company had revenue of $2.81 billion for the quarter, compared to the consensus estimate of $2.94 billion. During the same quarter in the prior year, the firm earned $0.71 earnings per share. The company’s revenue for the quarter was up 8.3% compared to the same quarter last year. On average, equities analysts forecast that Dominion Energy Inc. will post $3.63 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 20th. Shareholders of record on Friday, September 1st were issued a $0.755 dividend. This represents a $3.02 annualized dividend and a dividend yield of 3.88%. The ex-dividend date of this dividend was Wednesday, August 30th. Dominion Energy’s dividend payout ratio (DPR) is presently 87.28%.

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

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