WealthTrust Axiom LLC increased its holdings in shares of Dominion Energy Inc (NYSE:D) by 17.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,223 shares of the utilities provider’s stock after purchasing an additional 640 shares during the quarter. WealthTrust Axiom LLC’s holdings in Dominion Energy were worth $342,000 at the end of the most recent reporting period.
Several other large investors have also added to or reduced their stakes in the stock. Benjamin Edwards Inc. bought a new position in Dominion Energy during the second quarter valued at approximately $26,000. Manchester Financial Inc. bought a new position in Dominion Energy during the second quarter valued at approximately $27,000. NuWave Investment Management LLC boosted its stake in Dominion Energy by 651.0% during the second quarter. NuWave Investment Management LLC now owns 368 shares of the utilities provider’s stock valued at $28,000 after buying an additional 319 shares during the last quarter. Atwater Malick LLC bought a new position in Dominion Energy during the third quarter valued at approximately $28,000. Finally, Personal Wealth Partners bought a new position in Dominion Energy during the second quarter valued at approximately $36,000. Hedge funds and other institutional investors own 65.28% of the company’s stock.
In related news, Director Michael E. Szymanczyk acquired 21,400 shares of the stock in a transaction dated Friday, September 13th. The stock was acquired at an average cost of $78.85 per share, with a total value of $1,687,390.00. Following the purchase, the director now directly owns 19,541 shares of the company’s stock, valued at $1,540,807.85. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Diane Leopold sold 11,500 shares of the firm’s stock in a transaction that occurred on Tuesday, November 5th. The stock was sold at an average price of $82.48, for a total value of $948,520.00. Following the sale, the chief executive officer now directly owns 60,564 shares of the company’s stock, valued at $4,995,318.72. The disclosure for this sale can be found here. 0.26% of the stock is owned by company insiders.
Shares of NYSE:D traded down $0.03 during trading on Friday, hitting $80.28. The company had a trading volume of 3,311,186 shares, compared to its average volume of 3,993,832. The stock has a market cap of $66.96 billion, a price-to-earnings ratio of 19.82, a price-to-earnings-growth ratio of 4.03 and a beta of 0.22. Dominion Energy Inc has a one year low of $67.41 and a one year high of $83.73. The company has a fifty day simple moving average of $81.53 and a two-hundred day simple moving average of $77.81. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.51 and a quick ratio of 0.42.
Dominion Energy (NYSE:D) last posted its quarterly earnings data on Friday, November 1st. The utilities provider reported $1.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.16 by $0.02. The business had revenue of $4.27 billion during the quarter, compared to analyst estimates of $4.51 billion. Dominion Energy had a return on equity of 11.65% and a net margin of 6.40%. The company’s revenue for the quarter was up 23.7% on a year-over-year basis. During the same period last year, the company earned $1.15 EPS. On average, equities research analysts anticipate that Dominion Energy Inc will post 4.2 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 20th. Stockholders of record on Friday, December 6th will be paid a $0.9175 dividend. This represents a $3.67 annualized dividend and a dividend yield of 4.57%. Dominion Energy’s payout ratio is 90.62%.
Dominion Energy Company Profile
Dominion Energy, Inc produces and transports energy. The company's Power Delivery segment engages in the regulated electric transmission and distribution operations that serve residential, commercial, industrial, and governmental customers in Virginia and North Carolina. Its Power Generation segment is involved in the electricity generation activities.
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