Robeco Institutional Asset Management B.V. Has $5.44 Million Holdings in Dominion Energy Inc. (NYSE:D)

Robeco Institutional Asset Management B.V. lifted its stake in shares of Dominion Energy Inc. (NYSE:D - Free Report) by 89.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 97,069 shares of the utilities provider's stock after purchasing an additional 45,746 shares during the quarter. Robeco Institutional Asset Management B.V.'s holdings in Dominion Energy were worth $5,443,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also made changes to their positions in D. Pure Financial Advisors LLC increased its holdings in shares of Dominion Energy by 6.6% during the first quarter. Pure Financial Advisors LLC now owns 4,476 shares of the utilities provider's stock valued at $251,000 after purchasing an additional 279 shares during the period. Alpine Bank Wealth Management bought a new position in Dominion Energy in the 1st quarter valued at about $81,000. HBK Sorce Advisory LLC increased its stake in Dominion Energy by 3.5% during the 1st quarter. HBK Sorce Advisory LLC now owns 9,150 shares of the utilities provider's stock valued at $513,000 after buying an additional 311 shares during the period. Golden State Wealth Management LLC raised its position in shares of Dominion Energy by 222.7% during the 1st quarter. Golden State Wealth Management LLC now owns 910 shares of the utilities provider's stock worth $51,000 after buying an additional 628 shares in the last quarter. Finally, Bessemer Group Inc. lifted its stake in shares of Dominion Energy by 7.0% in the 1st quarter. Bessemer Group Inc. now owns 9,394 shares of the utilities provider's stock worth $527,000 after acquiring an additional 616 shares during the period. Institutional investors own 73.04% of the company's stock.

Analysts Set New Price Targets

D has been the topic of several recent analyst reports. Argus raised Dominion Energy to a "hold" rating in a report on Tuesday, March 25th. Morgan Stanley lowered their price target on Dominion Energy from $62.00 to $60.00 and set an "equal weight" rating on the stock in a research report on Wednesday, June 18th. JPMorgan Chase & Co. restated an "underweight" rating and issued a $52.00 price objective (down previously from $59.00) on shares of Dominion Energy in a report on Tuesday, April 8th. Finally, UBS Group raised their target price on Dominion Energy from $58.00 to $60.00 and gave the company a "neutral" rating in a research note on Friday, March 21st. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and one has given a buy rating to the company's stock. According to data from MarketBeat.com, Dominion Energy currently has an average rating of "Hold" and a consensus price target of $58.38.

Dominion Energy Price Performance

Shares of D traded up $1.12 during trading hours on Tuesday, hitting $57.64. 5,917,243 shares of the company were exchanged, compared to its average volume of 5,515,755. The company has a debt-to-equity ratio of 1.34, a current ratio of 0.73 and a quick ratio of 0.53. The company has a market capitalization of $49.15 billion, a PE ratio of 21.59, a PEG ratio of 1.21 and a beta of 0.56. The firm has a fifty day simple moving average of $55.25 and a 200-day simple moving average of $54.72. Dominion Energy Inc. has a one year low of $48.03 and a one year high of $61.97.

Dominion Energy (NYSE:D - Get Free Report) last released its quarterly earnings results on Thursday, May 1st. The utilities provider reported $0.93 earnings per share for the quarter, beating analysts' consensus estimates of $0.82 by $0.11. The business had revenue of $4.08 billion during the quarter, compared to analyst estimates of $3.95 billion. Dominion Energy had a return on equity of 9.51% and a net margin of 15.55%. Dominion Energy's revenue for the quarter was up 12.2% on a year-over-year basis. During the same quarter last year, the company posted $0.55 EPS. As a group, sell-side analysts predict that Dominion Energy Inc. will post 3.39 earnings per share for the current year.

Dominion Energy Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 20th. Stockholders of record on Thursday, May 29th were issued a dividend of $0.6675 per share. The ex-dividend date was Thursday, May 29th. This represents a $2.67 dividend on an annualized basis and a dividend yield of 4.63%. Dominion Energy's dividend payout ratio is currently 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.