Endurance Wealth Management Inc. Has $2.74 Million Stock Holdings in Dominion Energy Inc (NYSE:D)

Endurance Wealth Management Inc. trimmed its holdings in Dominion Energy Inc (NYSE:D) by 2.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 37,986 shares of the utilities provider’s stock after selling 928 shares during the period. Endurance Wealth Management Inc.’s holdings in Dominion Energy were worth $2,742,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in D. Exane Derivatives lifted its position in shares of Dominion Energy by 24.1% in the fourth quarter. Exane Derivatives now owns 3,209 shares of the utilities provider’s stock valued at $266,000 after buying an additional 624 shares during the last quarter. Patriot Financial Group Insurance Agency LLC lifted its position in shares of Dominion Energy by 11.5% in the fourth quarter. Patriot Financial Group Insurance Agency LLC now owns 1,642 shares of the utilities provider’s stock valued at $136,000 after buying an additional 169 shares during the last quarter. Davis R M Inc. lifted its position in shares of Dominion Energy by 12.2% in the fourth quarter. Davis R M Inc. now owns 4,602 shares of the utilities provider’s stock valued at $381,000 after buying an additional 500 shares during the last quarter. First Midwest Bank Trust Division lifted its position in shares of Dominion Energy by 6.4% in the fourth quarter. First Midwest Bank Trust Division now owns 15,807 shares of the utilities provider’s stock valued at $1,309,000 after buying an additional 950 shares during the last quarter. Finally, Acima Private Wealth LLC lifted its position in shares of Dominion Energy by 70.1% in the fourth quarter. Acima Private Wealth LLC now owns 1,150 shares of the utilities provider’s stock valued at $95,000 after buying an additional 474 shares during the last quarter. 66.77% of the stock is owned by institutional investors.

Shares of D traded up $1.91 during midday trading on Friday, hitting $80.51. The company’s stock had a trading volume of 2,977,555 shares, compared to its average volume of 3,489,297. Dominion Energy Inc has a one year low of $57.79 and a one year high of $90.89. The company’s fifty day simple moving average is $77.71 and its two-hundred day simple moving average is $80.84. The company has a quick ratio of 0.47, a current ratio of 0.63 and a debt-to-equity ratio of 1.14. The stock has a market capitalization of $65.97 billion, a price-to-earnings ratio of 36.60, a price-to-earnings-growth ratio of 3.85 and a beta of 0.41.

Dominion Energy (NYSE:D) last issued its quarterly earnings results on Tuesday, May 5th. The utilities provider reported $1.09 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.10 by ($0.01). Dominion Energy had a net margin of 10.80% and a return on equity of 11.97%. The business had revenue of $4.50 billion during the quarter, compared to the consensus estimate of $4.74 billion. During the same quarter in the previous year, the business posted $1.10 EPS. The company’s revenue for the quarter was up 16.5% on a year-over-year basis. On average, research analysts predict that Dominion Energy Inc will post 4.31 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Saturday, June 20th. Stockholders of record on Friday, June 5th will be paid a $0.94 dividend. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $3.76 annualized dividend and a dividend yield of 4.67%. Dominion Energy’s payout ratio is 88.68%.

A number of equities analysts have recently weighed in on the company. Morgan Stanley lowered their target price on Dominion Energy from $86.00 to $84.00 and set an “equal weight” rating on the stock in a research note on Friday, May 15th. Evercore ISI assumed coverage on Dominion Energy in a research note on Friday, February 14th. They set a “hold” rating and a $88.00 target price on the stock. Royal Bank of Canada reiterated a “hold” rating and set a $79.00 target price on shares of Dominion Energy in a research note on Wednesday, February 19th. BMO Capital Markets assumed coverage on Dominion Energy in a research note on Wednesday, February 19th. They set a “market perform” rating and a $91.00 target price on the stock. Finally, JPMorgan Chase & Co. lowered their target price on Dominion Energy from $85.00 to $83.00 and set a “neutral” rating on the stock in a research note on Friday, April 3rd. Eleven research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Dominion Energy has an average rating of “Hold” and a consensus target price of $84.33.

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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