Dominion Energy Inc. (D) Shares Bought by Mandatum Life Insurance Co Ltd

Mandatum Life Insurance Co Ltd increased its stake in Dominion Energy Inc. (NYSE:D) by 79.4% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,386 shares of the utilities provider’s stock after purchasing an additional 4,154 shares during the quarter. Mandatum Life Insurance Co Ltd’s holdings in Dominion Energy were worth $722,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Bollard Group LLC boosted its stake in shares of Dominion Energy by 0.8% during the 2nd quarter. Bollard Group LLC now owns 1,528 shares of the utilities provider’s stock worth $117,000 after purchasing an additional 12 shares during the last quarter. Tradewinds Capital Management LLC boosted its stake 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 worth $101,000 after purchasing an additional 12 shares during the last quarter. Wsfs Capital Management LLC boosted its stake 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 worth $228,000 after purchasing an additional 12 shares during the last quarter. Farmers National Bank boosted its stake 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 worth $347,000 after purchasing an additional 16 shares during the last quarter. Finally, Omnia Family Wealth LLC boosted its stake 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 worth $383,000 after purchasing an additional 16 shares during the last quarter. Institutional investors and hedge funds own 64.39% of the company’s stock.



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In other Dominion Energy news, Director John W. Harris sold 5,616 shares of Dominion Energy stock in a transaction that occurred on Friday, November 3rd. The shares were sold at an average price of $80.71, for a total transaction of $453,267.36. Following the transaction, 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 available at this link. Insiders own 0.37% of the company’s stock.

Several equities research analysts have issued reports on D shares. Zacks Investment Research raised shares of Dominion Energy from a “hold” rating to a “buy” rating and set a $86.00 price target on the stock in a research note on Tuesday, October 3rd. Bank of America Corporation raised shares of Dominion Energy from a “neutral” rating to a “buy” rating in a research note on Wednesday. KeyCorp reissued a “hold” rating on shares of Dominion Energy in a research report on Friday, September 1st. Royal Bank Of Canada reissued a “hold” rating and issued a $77.00 target price on shares of Dominion Energy in a research report on Monday, August 21st. Finally, Deutsche Bank AG raised their target price on shares of Dominion Energy from $76.00 to $77.00 and gave the stock a “hold” rating in a research report on Thursday, August 3rd. Fourteen equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $80.70.

Dominion Energy Inc. (NYSE D) traded up $0.79 on Thursday, hitting $82.16. 1,744,800 shares of the company traded hands, compared to its average volume of 2,329,687. 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 Inc. has a twelve month low of $70.87 and a twelve month high of $83.64. The firm has a market capitalization of $53,390.00, a PE ratio of 22.17, a PEG ratio of 4.06 and a beta of 0.29.

Dominion Energy (NYSE:D) last released 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 13.32%. The business had revenue of $3.18 billion for the quarter, compared to analysts’ expectations of $3.31 billion. During the same period last year, the company earned $1.14 earnings per share. The company’s quarterly revenue was up 1.5% on a year-over-year basis. research analysts expect that Dominion Energy Inc. will post 3.6 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 20th. Shareholders of record on Friday, December 1st will be given a dividend of $0.77 per share. This represents a $3.08 dividend on an annualized basis and a yield of 3.75%. This is a boost from Dominion Energy’s previous quarterly dividend of $0.76. The ex-dividend date of this dividend is Thursday, November 30th. Dominion Energy’s payout ratio is 89.09%.

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.

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

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