J.W. Cole Advisors Inc. Grows Holdings in Dominion Energy Inc. (NYSE:D)

J.W. Cole Advisors Inc. boosted its position in Dominion Energy Inc. (NYSE:D - Free Report) by 138.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,692 shares of the utilities provider's stock after buying an additional 16,062 shares during the quarter. J.W. Cole Advisors Inc.'s holdings in Dominion Energy were worth $1,553,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Brighton Jones LLC boosted its holdings in shares of Dominion Energy by 64.3% during the fourth quarter. Brighton Jones LLC now owns 9,081 shares of the utilities provider's stock worth $489,000 after purchasing an additional 3,553 shares during the period. Thrivent Financial for Lutherans lifted its holdings in Dominion Energy by 7.3% in the 4th quarter. Thrivent Financial for Lutherans now owns 53,109 shares of the utilities provider's stock worth $2,898,000 after buying an additional 3,628 shares during the period. Teacher Retirement System of Texas grew its position in shares of Dominion Energy by 781.8% in the 4th quarter. Teacher Retirement System of Texas now owns 49,485 shares of the utilities provider's stock worth $2,665,000 after buying an additional 43,873 shares during the last quarter. Virtu Financial LLC purchased a new position in shares of Dominion Energy during the fourth quarter valued at approximately $752,000. Finally, Vanguard Group Inc. raised its holdings in shares of Dominion Energy by 0.8% during the fourth quarter. Vanguard Group Inc. now owns 89,513,956 shares of the utilities provider's stock valued at $4,821,222,000 after acquiring an additional 674,859 shares in the last quarter. 73.04% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

D has been the subject of a number of analyst reports. JPMorgan Chase & Co. raised their price objective on Dominion Energy from $53.00 to $56.00 and gave the company an "underweight" rating in a research report on Tuesday, July 15th. Argus raised shares of Dominion Energy to a "hold" rating in a report on Tuesday, March 25th. Finally, Morgan Stanley lowered their price target on shares of Dominion Energy from $62.00 to $60.00 and set an "equal weight" rating on the stock in a report on Wednesday, June 18th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and one has issued a buy rating to the company's stock. According to data from MarketBeat, Dominion Energy presently has an average rating of "Hold" and a consensus target price of $58.88.

Dominion Energy Price Performance

D stock opened at $58.55 on Wednesday. Dominion Energy Inc. has a 1 year low of $48.07 and a 1 year high of $61.97. The firm has a market capitalization of $49.93 billion, a PE ratio of 21.93, a price-to-earnings-growth ratio of 1.25 and a beta of 0.56. The business has a 50 day simple moving average of $56.09 and a 200-day simple moving average of $55.07. The company has a debt-to-equity ratio of 1.34, a current ratio of 0.73 and a quick ratio of 0.53.

Dominion Energy (NYSE:D - Get Free Report) last released its quarterly earnings data on Thursday, May 1st. The utilities provider reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.82 by $0.11. The business had revenue of $4.08 billion during the quarter, compared to analysts' expectations of $3.95 billion. Dominion Energy had a return on equity of 9.51% and a net margin of 15.55%. The business's quarterly revenue was up 12.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.55 EPS. Equities research analysts anticipate that Dominion Energy Inc. will post 3.39 earnings per share for the current fiscal year.

Dominion Energy Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 20th. Shareholders of record on Thursday, May 29th were issued a $0.6675 dividend. This represents a $2.67 dividend on an annualized basis and a yield of 4.56%. The ex-dividend date of this dividend was Thursday, May 29th. Dominion Energy's dividend payout ratio is presently 100.00%.

Dominion Energy Profile

Dominion Energy, Inc produces and distributes energy in the United States. It operates through three operating segments: Dominion Energy Virginia, Dominion Energy South Carolina, and Contracted Energy. The Dominion Energy Virginia segment generates, transmits, and distributes regulated electricity to approximately 2.8 million residential, commercial, industrial, and governmental customers in Virginia and North Carolina.

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