Gilman Hill Asset Management LLC Sells 625 Shares of Dominion Energy Inc (NYSE:D)

Gilman Hill Asset Management LLC lowered its position in Dominion Energy Inc (NYSE:D) by 15.4% in the 3rd quarter, Holdings Channel reports. The firm owned 3,442 shares of the utilities provider’s stock after selling 625 shares during the quarter. Gilman Hill Asset Management LLC’s holdings in Dominion Energy were worth $279,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Chesley Taft & Associates LLC increased its holdings in Dominion Energy by 0.8% during the third quarter. Chesley Taft & Associates LLC now owns 15,243 shares of the utilities provider’s stock valued at $1,235,000 after buying an additional 125 shares during the period. Wambolt & Associates LLC increased its holdings in Dominion Energy by 2.4% during the third quarter. Wambolt & Associates LLC now owns 5,396 shares of the utilities provider’s stock valued at $437,000 after buying an additional 127 shares during the period. Trust Co. of Toledo NA OH increased its holdings in Dominion Energy by 0.4% during the second quarter. Trust Co. of Toledo NA OH now owns 34,009 shares of the utilities provider’s stock valued at $2,630,000 after buying an additional 131 shares during the period. 6 Meridian increased its holdings in Dominion Energy by 1.9% during the second quarter. 6 Meridian now owns 7,011 shares of the utilities provider’s stock valued at $542,000 after buying an additional 134 shares during the period. Finally, Sandy Spring Bank increased its holdings in Dominion Energy by 0.6% during the second quarter. Sandy Spring Bank now owns 24,140 shares of the utilities provider’s stock valued at $1,866,000 after buying an additional 140 shares during the period. 65.20% of the stock is owned by institutional investors and hedge funds.

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, for a total transaction of $1,687,390.00. Following the completion of the purchase, the director now owns 19,541 shares of the company’s stock, valued at approximately $1,540,807.85. The purchase was disclosed in a document filed with the SEC, which is available through this link. Also, VP Jeffrey Michael Zeiler acquired 15,112 shares of the stock in a transaction dated Thursday, September 12th. The shares were bought at an average price of $6.31 per share, with a total value of $95,356.72. Insiders own 0.26% of the company’s stock.

NYSE D opened at $82.16 on Monday. The firm’s fifty day simple moving average is $79.83 and its two-hundred day simple moving average is $77.21. The company has a current ratio of 0.60, a quick ratio of 0.42 and a debt-to-equity ratio of 1.38. Dominion Energy Inc has a 12-month low of $67.41 and a 12-month high of $82.68. The firm has a market capitalization of $66.18 billion, a P/E ratio of 21.07, a P/E/G ratio of 4.10 and a beta of 0.22.

Dominion Energy (NYSE:D) last released its quarterly earnings results on Wednesday, July 31st. The utilities provider reported $0.77 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.75 by $0.02. Dominion Energy had a net margin of 5.94% and a return on equity of 11.74%. The business had revenue of $3.97 billion for the quarter, compared to analyst estimates of $4.21 billion. During the same period in the previous year, the company earned $0.86 earnings per share. The business’s revenue for the quarter was up 28.6% on a year-over-year basis. As a group, sell-side analysts predict that Dominion Energy Inc will post 4.16 earnings per share for the current fiscal year.

D has been the topic of several research reports. Wolfe Research raised shares of Dominion Energy from a “peer perform” rating to an “outperform” rating in a report on Thursday, August 1st. Morgan Stanley lifted their price target on shares of Dominion Energy from $86.00 to $87.00 and gave the stock an “equal weight” rating in a report on Thursday. JPMorgan Chase & Co. lifted their price target on shares of Dominion Energy from $78.00 to $86.00 and gave the stock a “neutral” rating in a report on Monday, October 14th. TheStreet raised shares of Dominion Energy from a “c+” rating to a “b-” rating in a report on Thursday, September 19th. Finally, Wells Fargo & Co set a $83.00 price target on shares of Dominion Energy and gave the stock a “hold” rating in a report on Friday, August 30th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $81.09.

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

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