Dominion Energy, Inc. (NYSE:D) Holdings Raised by Ensign Peak Advisors Inc

Ensign Peak Advisors Inc grew its position in Dominion Energy, Inc. (NYSE:D) by 4.2% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,309,702 shares of the utilities provider’s stock after acquiring an additional 52,851 shares during the quarter. Ensign Peak Advisors Inc owned approximately 0.16% of Dominion Energy worth $64,175,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in the company. Summit Trail Advisors LLC increased its holdings in shares of Dominion Energy by 28.3% in the 2nd quarter. Summit Trail Advisors LLC now owns 6,404 shares of the utilities provider’s stock valued at $314,000 after acquiring an additional 1,412 shares during the last quarter. Thrivent Financial for Lutherans grew its stake in Dominion Energy by 2.2% during the 2nd quarter. Thrivent Financial for Lutherans now owns 54,018 shares of the utilities provider’s stock worth $2,647,000 after buying an additional 1,163 shares during the last quarter. Pacer Advisors Inc. grew its stake in Dominion Energy by 4.7% during the 2nd quarter. Pacer Advisors Inc. now owns 59,380 shares of the utilities provider’s stock worth $2,910,000 after buying an additional 2,680 shares during the last quarter. King Luther Capital Management Corp bought a new position in Dominion Energy during the 2nd quarter worth $217,000. Finally, ASB Consultores LLC grew its stake in Dominion Energy by 12.1% during the 2nd quarter. ASB Consultores LLC now owns 5,161 shares of the utilities provider’s stock worth $253,000 after buying an additional 557 shares during the last quarter. 73.04% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. Scotiabank upped their price objective on Dominion Energy from $48.00 to $58.00 and gave the stock a “sector perform” rating in a research note on Tuesday, August 20th. BMO Capital Markets upped their price objective on Dominion Energy from $53.00 to $57.00 and gave the stock a “market perform” rating in a research note on Monday, August 5th. JPMorgan Chase & Co. upped their price objective on Dominion Energy from $54.00 to $57.00 and gave the stock a “neutral” rating in a research note on Monday, August 12th. Finally, Jefferies Financial Group assumed coverage on Dominion Energy in a research report on Friday. They set a “hold” rating and a $58.00 price target for the company. Nine equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $54.50.

Dominion Energy Trading Up 0.8 %

Shares of Dominion Energy stock opened at $57.93 on Friday. The company has a quick ratio of 0.78, a current ratio of 0.93 and a debt-to-equity ratio of 1.42. The firm has a market cap of $48.52 billion, a price-to-earnings ratio of 29.86, a price-to-earnings-growth ratio of 1.57 and a beta of 0.60. The business has a fifty day simple moving average of $55.23 and a 200-day simple moving average of $51.99. Dominion Energy, Inc. has a fifty-two week low of $39.18 and a fifty-two week high of $58.94.

Dominion Energy (NYSE:D) last announced its quarterly earnings data on Thursday, August 1st. The utilities provider reported $0.65 earnings per share for the quarter, beating the consensus estimate of $0.56 by $0.09. The business had revenue of $3.49 billion during the quarter, compared to analyst estimates of $3.73 billion. Dominion Energy had a return on equity of 7.69% and a net margin of 11.63%. The company’s revenue was up 10.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.53 earnings per share. On average, equities analysts forecast that Dominion Energy, Inc. will post 2.75 EPS for the current fiscal year.

Dominion Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 20th. Stockholders of record on Friday, August 30th were issued a $0.6675 dividend. The ex-dividend date was Friday, August 30th. This represents a $2.67 annualized dividend and a dividend yield of 4.61%. Dominion Energy’s dividend payout ratio (DPR) is 137.63%.

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.