Fidelis Capital Partners LLC Purchases 280 Shares of Dominion Energy, Inc. (NYSE:D)

Fidelis Capital Partners LLC increased its holdings in Dominion Energy, Inc. (NYSE:D) by 3.1% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 9,266 shares of the utilities provider’s stock after acquiring an additional 280 shares during the quarter. Fidelis Capital Partners LLC’s holdings in Dominion Energy were worth $565,000 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. BLB&B Advisors LLC lifted its stake in Dominion Energy by 2.5% in the third quarter. BLB&B Advisors LLC now owns 7,223 shares of the utilities provider’s stock worth $417,000 after acquiring an additional 173 shares during the period. Pinnacle Wealth Management Advisory Group LLC lifted its stake in Dominion Energy by 1.8% in the second quarter. Pinnacle Wealth Management Advisory Group LLC now owns 10,909 shares of the utilities provider’s stock worth $535,000 after acquiring an additional 195 shares during the period. Valley National Advisers Inc. lifted its stake in Dominion Energy by 8.6% in the second quarter. Valley National Advisers Inc. now owns 2,504 shares of the utilities provider’s stock worth $122,000 after acquiring an additional 198 shares during the period. Altman Advisors Inc. lifted its stake in Dominion Energy by 0.7% in the second quarter. Altman Advisors Inc. now owns 29,031 shares of the utilities provider’s stock worth $1,423,000 after acquiring an additional 198 shares during the period. Finally, Centennial Wealth Advisory LLC lifted its stake in Dominion Energy by 2.8% in the second quarter. Centennial Wealth Advisory LLC now owns 7,381 shares of the utilities provider’s stock worth $362,000 after acquiring an additional 199 shares during the period. Hedge funds and other institutional investors own 73.04% of the company’s stock.

Analyst Upgrades and Downgrades

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

Dominion Energy Price Performance

D opened at $58.46 on Thursday. The stock has a 50-day moving average price of $57.76 and a 200-day moving average price of $53.94. The company has a debt-to-equity ratio of 1.42, a current ratio of 0.93 and a quick ratio of 0.78. The firm has a market cap of $48.97 billion, a PE ratio of 30.13, a P/E/G ratio of 1.59 and a beta of 0.60. Dominion Energy, Inc. has a 1 year low of $39.44 and a 1 year high of $61.26.

Dominion Energy (NYSE:D) last released its quarterly earnings data on Thursday, August 1st. The utilities provider reported $0.65 EPS for the quarter, topping the consensus estimate of $0.56 by $0.09. Dominion Energy had a return on equity of 7.69% and a net margin of 11.63%. The company had revenue of $3.49 billion during the quarter, compared to the consensus estimate of $3.73 billion. During the same period last year, the company earned $0.53 EPS. Dominion Energy’s revenue for the quarter was up 10.1% on a year-over-year basis. Sell-side analysts predict that Dominion Energy, Inc. will post 2.76 earnings per share for the current fiscal year.

Dominion Energy Company 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.