IFG Advisory LLC Has $1.70 Million Stock Holdings in Dominion Energy Inc (NYSE:D)

IFG Advisory LLC grew its holdings in Dominion Energy Inc (NYSE:D) by 1.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 21,999 shares of the utilities provider’s stock after purchasing an additional 283 shares during the quarter. IFG Advisory LLC’s holdings in Dominion Energy were worth $1,700,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in D. BlackRock Inc. raised its stake in Dominion Energy by 17.3% during the 1st quarter. BlackRock Inc. now owns 55,385,657 shares of the utilities provider’s stock worth $4,245,862,000 after buying an additional 8,176,020 shares during the period. Northern Trust Corp raised its stake in Dominion Energy by 15.0% during the 1st quarter. Northern Trust Corp now owns 9,653,170 shares of the utilities provider’s stock worth $740,011,000 after buying an additional 1,260,549 shares during the period. Geode Capital Management LLC raised its stake in Dominion Energy by 23.1% during the 4th quarter. Geode Capital Management LLC now owns 9,056,270 shares of the utilities provider’s stock worth $646,097,000 after buying an additional 1,697,619 shares during the period. FMR LLC raised its stake in Dominion Energy by 77.6% during the 1st quarter. FMR LLC now owns 9,010,766 shares of the utilities provider’s stock worth $690,765,000 after buying an additional 3,935,958 shares during the period. Finally, Federated Investors Inc. PA raised its stake in Dominion Energy by 3.8% during the 1st quarter. Federated Investors Inc. PA now owns 8,546,531 shares of the utilities provider’s stock worth $655,177,000 after buying an additional 311,162 shares during the period. 64.29% of the stock is currently owned by institutional investors.

Several analysts have recently commented on the company. Wolfe Research raised Dominion Energy from a “peer perform” rating to an “outperform” rating in a research note on Thursday, August 1st. Zacks Investment Research downgraded Dominion Energy from a “hold” rating to a “sell” rating and set a $83.00 price objective for the company. in a research note on Thursday, July 4th. ValuEngine downgraded Dominion Energy from a “buy” rating to a “hold” rating in a research note on Wednesday, June 12th. Credit Suisse Group raised Dominion Energy from a “neutral” rating to an “outperform” rating in a research note on Thursday, August 1st. Finally, KeyCorp assumed coverage on Dominion Energy in a research note on Tuesday, June 4th. They issued a “sector weight” rating for the company. One research analyst has rated the stock with a sell rating, eight have given a hold rating and five have issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $79.33.



Shares of Dominion Energy stock traded down $0.08 on Friday, hitting $76.44. The company had a trading volume of 527,130 shares, compared to its average volume of 4,494,034. The stock has a market capitalization of $61.79 billion, a price-to-earnings ratio of 18.87, a P/E/G ratio of 3.85 and a beta of 0.25. Dominion Energy Inc has a 1 year low of $67.41 and a 1 year high of $79.47. The stock has a 50 day moving average of $76.36 and a 200-day moving average of $75.88. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.42 and a current ratio of 0.60.

Dominion Energy (NYSE:D) last released its earnings results on Wednesday, July 31st. The utilities provider reported $0.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.75 by $0.02. The company had revenue of $3.97 billion during the quarter, compared to analyst estimates of $4.21 billion. Dominion Energy had a return on equity of 11.74% and a net margin of 5.94%. Dominion Energy’s quarterly revenue was up 28.6% on a year-over-year basis. During the same period in the prior year, the company posted $0.86 earnings per share. Equities analysts anticipate that Dominion Energy Inc will post 4.13 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 20th. Stockholders of record on Friday, September 6th will be issued a $0.9175 dividend. This represents a $3.67 annualized dividend and a dividend yield of 4.80%. The ex-dividend date of this dividend is Thursday, September 5th. Dominion Energy’s dividend payout ratio is presently 90.62%.

About Dominion Energy

Dominion Energy, Inc produces and transports energy. The company's Power Delivery segment engages in the regulated electric transmission and distribution operations that serve residential, commercial, industrial, and governmental customers in Virginia and North Carolina. Its Power Generation segment is involved in the electricity generation activities.

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

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