PGGM Investments Has $16.05 Million Holdings in Dominion Energy Inc. (D)

PGGM Investments lowered its stake in Dominion Energy Inc. (NYSE:D) by 57.9% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 208,666 shares of the utilities provider’s stock after selling 287,517 shares during the quarter. PGGM Investments’ holdings in Dominion Energy were worth $16,053,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Waldron LP purchased a new stake in shares of Dominion Energy during the first quarter worth about $236,000. Northwestern Mutual Investment Management Company LLC grew its holdings in Dominion Energy by 76.4% during the 1st quarter. Northwestern Mutual Investment Management Company LLC now owns 126,970 shares of the utilities provider’s stock valued at $9,849,000 after buying an additional 55,001 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Dominion Energy by 2.8% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 39,352 shares of the utilities provider’s stock worth $3,052,000 after acquiring an additional 1,081 shares during the last quarter. Tiedemann Wealth Management LLC bought a new stake in shares of Dominion Energy during the 1st quarter worth approximately $348,000. Finally, Coldstream Capital Management Inc. lifted its stake in shares of Dominion Energy by 5.4% during the 1st quarter. Coldstream Capital Management Inc. now owns 23,865 shares of the utilities provider’s stock worth $1,851,000 after acquiring an additional 1,233 shares during the last quarter. 64.27% of the stock is currently owned by hedge funds and other institutional investors.

A number of equities research analysts recently issued reports on D shares. Zacks Investment Research raised Dominion Energy from a “sell” rating to a “hold” rating in a research note on Friday, August 4th. National Bank Financial lowered Dominion Energy from an “outperfrom under weight” rating to a “sector perform” rating in a research report on Wednesday, October 4th. Deutsche Bank AG lifted their target price on Dominion Energy from $76.00 to $77.00 and gave the company a “hold” rating in a research report on Thursday, August 3rd. Goldman Sachs Group, Inc. (The) reissued a “neutral” rating and issued a $78.00 price target on shares of Dominion Energy in a research report on Thursday, September 14th. Finally, Royal Bank Of Canada reissued a “hold” rating and issued a $77.00 price target on shares of Dominion Energy in a research report on Monday, August 21st. Fifteen equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $80.70.

In other news, Director John W. Harris sold 5,616 shares of the firm’s stock in a transaction on Friday, November 3rd. The stock was sold at an average price of $80.71, for a total transaction of $453,267.36. Following the completion of the transaction, the director now directly owns 18,920 shares in the company, valued at $1,527,033.20. The transaction was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 0.37% of the company’s stock.

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Shares of Dominion Energy Inc. (D) traded up $1.04 during trading on Tuesday, hitting $81.85. The company’s stock had a trading volume of 1,631,200 shares, compared to its average volume of 2,345,604. The company has a quick ratio of 0.29, a current ratio of 0.47 and a debt-to-equity ratio of 1.67. The firm has a market capitalization of $52,003.64, a PE ratio of 22.02, a P/E/G ratio of 3.92 and a beta of 0.29. Dominion Energy Inc. has a fifty-two week low of $69.51 and a fifty-two week high of $82.13.

Dominion Energy (NYSE:D) last posted its quarterly earnings results on Monday, October 30th. The utilities provider reported $1.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.02 by $0.02. The business had revenue of $3.18 billion during the quarter, compared to analyst estimates of $3.31 billion. Dominion Energy had a return on equity of 13.32% and a net margin of 17.21%. The business’s revenue was up 1.5% compared to the same quarter last year. During the same period in the prior year, the business earned $1.14 earnings per share. equities analysts forecast that Dominion Energy Inc. will post 3.61 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 20th. Stockholders of record on Friday, December 1st will be given a dividend of $0.77 per share. This is a positive change from Dominion Energy’s previous quarterly dividend of $0.76. This represents a $3.08 annualized dividend and a dividend yield of 3.76%. The ex-dividend date of this dividend is Thursday, November 30th. Dominion Energy’s dividend payout ratio (DPR) is currently 89.09%.

Dominion Energy Profile

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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