Public Employees Retirement System of Ohio Has $36.32 Million Position in Dominion Energy Inc (D)

Public Employees Retirement System of Ohio increased its position in shares of Dominion Energy Inc (NYSE:D) by 0.5% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 448,059 shares of the utilities provider’s stock after purchasing an additional 2,385 shares during the period. Public Employees Retirement System of Ohio’s holdings in Dominion Energy were worth $36,320,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. MPS Loria Financial Planners LLC acquired a new position in Dominion Energy during the second quarter worth about $103,000. Johnson Financial Group Inc. grew its position in Dominion Energy by 146.8% during the third quarter. Johnson Financial Group Inc. now owns 1,345 shares of the utilities provider’s stock worth $103,000 after buying an additional 800 shares during the period. American Research & Management Co. grew its position in Dominion Energy by 159.7% during the fourth quarter. American Research & Management Co. now owns 1,423 shares of the utilities provider’s stock worth $115,000 after buying an additional 875 shares during the period. MHI Funds LLC acquired a new position in Dominion Energy during the fourth quarter worth about $119,000. Finally, Parkside Financial Bank & Trust grew its position in Dominion Energy by 183.2% during the third quarter. Parkside Financial Bank & Trust now owns 1,546 shares of the utilities provider’s stock worth $119,000 after buying an additional 1,000 shares during the period. 64.57% of the stock is owned by hedge funds and other institutional investors.

In related news, Director John W. Harris sold 2,665 shares of the firm’s stock in a transaction that occurred on Tuesday, November 6th. The shares were sold at an average price of $80.60, for a total transaction of $214,799.00. Following the sale, the director now owns 13,282 shares in the company, valued at $1,070,529.20. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director John W. Harris sold 11,254 shares of the firm’s stock in a transaction that occurred on Thursday, June 14th. The stock was sold at an average price of $79.94, for a total transaction of $899,644.76. Following the sale, the director now owns 13,282 shares in the company, valued at approximately $1,061,763.08. The disclosure for this sale can be found here. 0.37% of the stock is owned by corporate insiders.

Several brokerages have weighed in on D. Bank of America lowered their target price on shares of Dominion Energy from $80.00 to $79.00 and set a “buy” rating on the stock in a research report on Wednesday, February 7th. UBS Group began coverage on shares of Dominion Energy in a research report on Friday, February 2nd. They set a “buy” rating and a $85.00 target price on the stock. Hilliard Lyons upgraded shares of Dominion Energy from a “neutral” rating to a “buy” rating and set a $86.00 target price on the stock in a research report on Tuesday, January 30th. Zacks Investment Research lowered shares of Dominion Energy from a “buy” rating to a “hold” rating in a research report on Thursday, January 18th. Finally, JPMorgan Chase & Co. upgraded shares of Dominion Energy from a “neutral” rating to an “overweight” rating and set a $82.00 price target on the stock in a research report on Thursday, December 14th. Eleven equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $82.09.

Shares of Dominion Energy Inc (D) opened at $75.26 on Tuesday. The company has a market cap of $47,943.21, a P/E ratio of 20.72, a PEG ratio of 2.60 and a beta of 0.20. Dominion Energy Inc has a 1 year low of $71.96 and a 1 year high of $85.30. The company has a debt-to-equity ratio of 1.67, a current ratio of 0.47 and a quick ratio of 0.29.

Dominion Energy (NYSE:D) last released its quarterly earnings results on Monday, January 29th. The utilities provider reported $0.91 EPS for the quarter, beating the consensus estimate of $0.89 by $0.02. The business had revenue of $3.21 billion for the quarter, compared to analyst estimates of $3.47 billion. Dominion Energy had a net margin of 24.92% and a return on equity of 12.99%. The company’s quarterly revenue was up 4.0% on a year-over-year basis. During the same period in the prior year, the business earned $0.99 earnings per share. sell-side analysts predict that Dominion Energy Inc will post 4.04 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 20th. Stockholders of record on Friday, March 2nd will be given a $0.835 dividend. The ex-dividend date of this dividend is Thursday, March 1st. This is a positive change from Dominion Energy’s previous quarterly dividend of $0.77. This represents a $3.34 annualized dividend and a dividend yield of 4.44%. Dominion Energy’s dividend payout ratio is currently 62.73%.

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Dominion Energy Company 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.

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Institutional Ownership by Quarter for Dominion Energy (NYSE:D)

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