Dominion Energy, Inc. (NYSE:D) Shares Acquired by Highview Capital Management LLC DE

Highview Capital Management LLC DE increased its position in shares of Dominion Energy, Inc. (NYSE:D) by 1.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,559 shares of the utilities provider’s stock after purchasing an additional 211 shares during the period. Highview Capital Management LLC DE’s holdings in Dominion Energy were worth $957,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of D. Caprock Group LLC boosted its holdings in shares of Dominion Energy by 133.0% in the 2nd quarter. Caprock Group LLC now owns 9,679 shares of the utilities provider’s stock valued at $474,000 after buying an additional 5,525 shares in the last quarter. SG Americas Securities LLC grew its holdings in shares of Dominion Energy by 105.0% during the first quarter. SG Americas Securities LLC now owns 97,105 shares of the utilities provider’s stock worth $4,777,000 after purchasing an additional 49,740 shares during the last quarter. Intech Investment Management LLC acquired a new stake in shares of Dominion Energy during the first quarter worth about $708,000. QRG Capital Management Inc. purchased a new stake in shares of Dominion Energy in the 1st quarter valued at about $272,000. Finally, LRI Investments LLC acquired a new stake in shares of Dominion Energy in the 1st quarter valued at about $32,000. Hedge funds and other institutional investors own 73.04% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have commented on the company. Jefferies Financial Group began coverage on Dominion Energy in a research report on Friday, September 20th. They set a “hold” rating and a $58.00 price target on the stock. BMO Capital Markets upped their price target on shares of Dominion Energy from $53.00 to $57.00 and gave the company a “market perform” rating in a research report on Monday, August 5th. Scotiabank raised their price objective on shares of Dominion Energy from $48.00 to $58.00 and gave the stock a “sector perform” rating in a research report on Tuesday, August 20th. Barclays upped their target price on shares of Dominion Energy from $54.00 to $58.00 and gave the company an “overweight” rating in a report on Tuesday, October 15th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Dominion Energy from $54.00 to $57.00 and gave the company a “neutral” rating in a report on Monday, August 12th. Nine investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, Dominion Energy presently has an average rating of “Hold” and a consensus price target of $55.40.

Dominion Energy Stock Down 2.5 %

Dominion Energy stock opened at $58.62 on Wednesday. The firm has a market capitalization of $49.10 billion, a price-to-earnings ratio of 30.22, a price-to-earnings-growth ratio of 1.59 and a beta of 0.60. The company has a debt-to-equity ratio of 1.42, a quick ratio of 0.78 and a current ratio of 0.93. Dominion Energy, Inc. has a fifty-two week low of $39.44 and a fifty-two week high of $61.26. The stock’s fifty day moving average is $57.72 and its two-hundred day moving average is $53.91.

Dominion Energy (NYSE:D) last posted its earnings results 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 firm had revenue of $3.49 billion during the quarter, compared to the consensus estimate of $3.73 billion. Dominion Energy had a net margin of 11.63% and a return on equity of 7.69%. The firm’s revenue for the quarter was up 10.1% on a year-over-year basis. During the same period last year, the firm posted $0.53 EPS. Analysts predict that Dominion Energy, Inc. will post 2.76 EPS for the current fiscal year.

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.