Dominion Energy Inc. (D) Position Boosted by Voya Investment Management LLC

Voya Investment Management LLC boosted its position in shares of Dominion Energy Inc. (NYSE:D) by 0.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 232,674 shares of the utilities provider’s stock after acquiring an additional 1,620 shares during the period. Voya Investment Management LLC’s holdings in Dominion Energy were worth $17,829,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of D. BlackRock Inc. lifted its position in Dominion Energy by 3,615.9% during the first quarter. BlackRock Inc. now owns 45,518,516 shares of the utilities provider’s stock valued at $3,530,873,000 after purchasing an additional 44,293,566 shares during the last quarter. Vanguard Group Inc. lifted its position in Dominion Energy by 2.7% during the second quarter. Vanguard Group Inc. now owns 44,796,520 shares of the utilities provider’s stock valued at $3,432,756,000 after purchasing an additional 1,194,152 shares during the last quarter. Wellington Management Group LLP lifted its position in Dominion Energy by 2.7% during the first quarter. Wellington Management Group LLP now owns 30,572,031 shares of the utilities provider’s stock valued at $2,371,472,000 after purchasing an additional 790,484 shares during the last quarter. Federated Investors Inc. PA lifted its position in Dominion Energy by 5.4% during the second quarter. Federated Investors Inc. PA now owns 8,967,983 shares of the utilities provider’s stock valued at $687,216,000 after purchasing an additional 461,484 shares during the last quarter. Finally, Wells Fargo & Company MN lifted its position in Dominion Energy by 24.7% during the second quarter. Wells Fargo & Company MN now owns 6,110,200 shares of the utilities provider’s stock valued at $468,223,000 after purchasing an additional 1,209,768 shares during the last quarter. 64.43% of the stock is owned by institutional investors.

COPYRIGHT VIOLATION NOTICE: “Dominion Energy Inc. (D) Position Boosted by Voya Investment Management LLC” was first published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are reading this piece on another domain, it was illegally copied and reposted in violation of US and international trademark & copyright law. The legal version of this piece can be read at https://ledgergazette.com/2017/10/17/dominion-energy-inc-d-position-boosted-by-voya-investment-management-llc.html.

Shares of Dominion Energy Inc. (NYSE:D) opened at 79.03 on Tuesday. The stock has a 50 day moving average of $78.04 and a 200-day moving average of $78.11. The company has a market capitalization of $50.78 billion, a price-to-earnings ratio of 22.87 and a beta of 0.28. Dominion Energy Inc. has a one year low of $69.51 and a one year high of $81.65.

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

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 20th. Investors of record on Friday, December 1st will be issued a $0.77 dividend. The ex-dividend date of this dividend is Thursday, November 30th. This is a positive change from Dominion Energy’s previous quarterly dividend of $0.76. This represents a $3.08 dividend on an annualized basis and a dividend yield of 3.90%. Dominion Energy’s dividend payout ratio (DPR) is 87.28%.

Several brokerages have issued reports on D. Deutsche Bank AG lifted their target price on shares of Dominion Energy from $76.00 to $77.00 and gave the company a “hold” rating in a research report on Thursday, August 3rd. Royal Bank Of Canada reiterated a “hold” rating and set a $77.00 target price on shares of Dominion Energy in a research report on Monday, August 21st. Zacks Investment Research lowered shares of Dominion Energy from a “hold” rating to a “sell” rating in a research report on Tuesday, July 18th. Citigroup Inc. dropped their target price on shares of Dominion Energy from $78.00 to $76.00 and set a “neutral” rating for the company in a research report on Wednesda

A number of other large investors have also recently modified their holdings of D. BlackRock Inc. lifted its position in Dominion Energy by 3,615.9% during the first quarter. BlackRock Inc. now owns 45,518,516 shares of the utilities provider’s stock valued at $3,530,873,000 after purchasing an additional 44,293,566 shares during the last quarter. Vanguard Group Inc. lifted its position in Dominion Energy by 2.7% during the second quarter. Vanguard Group Inc. now owns 44,796,520 shares of the utilities provider’s stock valued at $3,432,756,000 after purchasing an additional 1,194,152 shares during the last quarter. Wellington Management Group LLP lifted its position in Dominion Energy by 2.7% during the first quarter. Wellington Management Group LLP now owns 30,572,031 shares of the utilities provider’s stock valued at $2,371,472,000 after purchasing an additional 790,484 shares during the last quarter. Federated Investors Inc. PA lifted its position in Dominion Energy by 5.4% during the second quarter. Federated Investors Inc. PA now owns 8,967,983 shares of the utilities provider’s stock valued at $687,216,000 after purchasing an additional 461,484 shares during the last quarter. Finally, Wells Fargo & Company MN lifted its position in Dominion Energy by 24.7% during the second quarter. Wells Fargo & Company MN now owns 6,110,200 shares of the utilities provider’s stock valued at $468,223,000 after purchasing an additional 1,209,768 shares during the last quarter. 64.43% of the stock is owned by institutional investors.

COPYRIGHT VIOLATION NOTICE: “Dominion Energy Inc. (D) Position Boosted by Voya Investment Management LLC” was first published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are reading this piece on another domain, it was illegally copied and reposted in violation of US and international trademark & copyright law. The legal version of this piece can be read at https://ledgergazette.com/2017/10/17/dominion-energy-inc-d-position-boosted-by-voya-investment-management-llc.html.

Shares of Dominion Energy Inc. (NYSE:D) opened at 79.03 on Tuesday. The stock has a 50 day moving average of $78.04 and a 200-day moving average of $78.11. The company has a market capitalization of $50.78 billion, a price-to-earnings ratio of 22.87 and a beta of 0.28. Dominion Energy Inc. has a one year low of $69.51 and a one year high of $81.65.

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

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 20th. Investors of record on Friday, December 1st will be issued a $0.77 dividend. The ex-dividend date of this dividend is Thursday, November 30th. This is a positive change from Dominion Energy’s previous quarterly dividend of $0.76. This represents a $3.08 dividend on an annualized basis and a dividend yield of 3.90%. Dominion Energy’s dividend payout ratio (DPR) is 87.28%.

Several brokerages have issued reports on D. Deutsche Bank AG lifted their target price on shares of Dominion Energy from $76.00 to $77.00 and gave the company a “hold” rating in a research report on Thursday, August 3rd. Royal Bank Of Canada reiterated a “hold” rating and set a $77.00 target price on shares of Dominion Energy in a research report on Monday, August 21st. Zacks Investment Research lowered shares of Dominion Energy from a “hold” rating to a “sell” rating in a research report on Tuesday, July 18th. Citigroup Inc. dropped their target price on shares of Dominion Energy from $78.00 to $76.00 and set a “neutral” rating for the company in a research report on Wednesday, July 26th. Finally, KeyCorp reiterated a “hold” rating on shares of Dominion Energy in a research report on Friday, September 1st. Eleven research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Dominion Energy has an average rating of “Hold” and an average target price of $80.56.

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.

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

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