Tandem Investment Advisors Inc. raised its stake in Dominion Energy Inc (NYSE:D) by 16.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 257,521 shares of the utilities provider’s stock after acquiring an additional 37,049 shares during the quarter. Dominion Energy makes up 3.8% of Tandem Investment Advisors Inc.’s holdings, making the stock its 7th biggest position. Tandem Investment Advisors Inc.’s holdings in Dominion Energy were worth $19,912,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Interactive Financial Advisors purchased a new stake in shares of Dominion Energy during the 1st quarter valued at approximately $26,000. Massey Quick Simon & CO. LLC purchased a new stake in shares of Dominion Energy during the 1st quarter valued at approximately $27,000. Mark Sheptoff Financial Planning LLC lifted its stake in shares of Dominion Energy by 133.3% during the 1st quarter. Mark Sheptoff Financial Planning LLC now owns 350 shares of the utilities provider’s stock valued at $27,000 after buying an additional 200 shares in the last quarter. Rocky Mountain Advisers LLC purchased a new stake in shares of Dominion Energy during the 1st quarter valued at approximately $31,000. Finally, Lenox Wealth Management Inc. lifted its stake in shares of Dominion Energy by 294.1% during the 1st quarter. Lenox Wealth Management Inc. now owns 402 shares of the utilities provider’s stock valued at $31,000 after buying an additional 300 shares in the last quarter. Hedge funds and other institutional investors own 63.81% of the company’s stock.

Shares of D stock traded up $0.29 on Friday, hitting $75.15. 3,076,516 shares of the company’s stock traded hands, compared to its average volume of 3,075,270. The company has a quick ratio of 0.44, a current ratio of 0.61 and a debt-to-equity ratio of 1.35. Dominion Energy Inc has a one year low of $67.41 and a one year high of $79.47. The firm’s fifty day moving average is $77.01. The stock has a market cap of $60.30 billion, a PE ratio of 18.56, a price-to-earnings-growth ratio of 3.76 and a beta of 0.27.

Dominion Energy (NYSE:D) last announced its quarterly earnings results on Friday, May 3rd. The utilities provider reported $1.10 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.12 by ($0.02). The firm had revenue of $3.86 billion for the quarter, compared to analysts’ expectations of $4.84 billion. Dominion Energy had a net margin of 9.19% and a return on equity of 12.35%. The company’s quarterly revenue was up 11.3% on a year-over-year basis. During the same period in the previous year, the company earned $1.14 EPS. As a group, equities research analysts anticipate that Dominion Energy Inc will post 4.15 EPS for the current year.

D has been the topic of a number of analyst reports. Bank of America set a $10.00 target price on shares of HEXO and gave the stock a “buy” rating in a report on Thursday, June 13th. TheStreet lowered shares of Viewray from a “c-” rating to a “d” rating in a report on Friday, May 3rd. KeyCorp initiated coverage on shares of Southern in a report on Tuesday, June 4th. They set a “sector weight” rating on the stock. Zacks Investment Research lowered shares of GENEL ENERGY PL/ADR from a “hold” rating to a “sell” rating in a report on Thursday, July 4th. Finally, Credit Suisse Group set a $199.00 target price on shares of NextEra Energy and gave the stock a “buy” rating in a report on Monday, April 22nd. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and three have assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $78.91.

About Dominion Energy

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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