Is Buying Dominion Energy Inc (NYSE:D) Here Good Idea?

May 24, 2018 - By Kurt Siggers

Dominion Energy, Inc. (NYSE:D) Logo

Investors sentiment increased to 1.32 in 2017 Q4. Its up 0.16, from 1.16 in 2017Q3. It increased, as 41 investors sold Dominion Energy, Inc. shares while 278 reduced holdings. 86 funds opened positions while 336 raised stakes. 415.15 million shares or 1.17% more from 410.35 million shares in 2017Q3 were reported.
Ameriprise Financial Inc holds 0.11% or 3.03 million shares in its portfolio. Gamble Jones Counsel holds 3,589 shares or 0.03% of its portfolio. Sasco Cap Ct reported 4.2% of its portfolio in Dominion Energy, Inc. (NYSE:D). Mitsubishi Ufj Tru Bk owns 0.24% invested in Dominion Energy, Inc. (NYSE:D) for 1.72 million shares. First Merchants Corp, Indiana-based fund reported 9,535 shares. Contravisory Inv Mngmt Inc holds 0% of its portfolio in Dominion Energy, Inc. (NYSE:D) for 10 shares. Bancshares Of America Corp De has invested 0.29% of its portfolio in Dominion Energy, Inc. (NYSE:D). Stewart And Patten Commerce Lc, a California-based fund reported 3,298 shares. Hudock Cap Limited Liability Corp, a Pennsylvania-based fund reported 2,316 shares. Shine Advisory has 1,020 shares for 0.04% of their portfolio. Marco Investment Management Limited Com has invested 0.52% in Dominion Energy, Inc. (NYSE:D). Invesco Ltd holds 0.29% of its portfolio in Dominion Energy, Inc. (NYSE:D) for 10.01 million shares. State Bank Of Nova Scotia Trust holds 3,106 shares. Beese Fulmer Invest Mgmt holds 0.79% or 45,409 shares in its portfolio. Madison Invest has invested 0.15% in Dominion Energy, Inc. (NYSE:D).

Since February 28, 2018, it had 2 buys, and 0 sales for $453,739 activity. 2,679 shares valued at $199,987 were bought by RIGBY JOSEPH M on Wednesday, February 28.

The stock of Dominion Energy Inc (NYSE:D) registered an increase of 3.3% in short interest. D’s total short interest was 27.50 million shares in May as published by FINRA. Its up 3.3% from 26.62 million shares, reported previously. With 4.49M shares average volume, it will take short sellers 6 days to cover their D’s short positions. The short interest to Dominion Energy Inc’s float is 4.29%.

The stock decreased 0.19% or $0.12 during the last trading session, reaching $63.79. About 2.14M shares traded. Dominion Energy, Inc. (NYSE:D) has declined 11.17% since May 24, 2017 and is downtrending. It has underperformed by 22.72% the S&P500.

Dominion Energy, Inc. produces and transports energy in the United States. The company has market cap of $41.63 billion. The companyÂ’s Dominion Virginia Power segment engages in the regulated electric transmission and distribution activities that serve residential, commercial, industrial, and governmental clients in Virginia and North Carolina. It has a 13.53 P/E ratio. The Company’s Dominion Generation segment is involved in the electricity generation activities through gas, coal, nuclear, oil, renewables, biomass, hydro, solar, and power purchase agreements; and related energy supply operations.

Dominion Energy, Inc. (NYSE:D) Ratings Coverage

Among 10 analysts covering Dominion Energy (NYSE:D), 3 have Buy rating, 0 Sell and 7 Hold. Therefore 30% are positive. Dominion Energy had 17 analyst reports since December 13, 2017 according to SRatingsIntel. Guggenheim maintained the shares of D in report on Sunday, April 22 with “Buy” rating. The firm earned “Buy” rating on Tuesday, January 30 by Hilliard Lyons. Bank of America maintained the shares of D in report on Wednesday, February 7 with “Buy” rating. The stock of Dominion Energy, Inc. (NYSE:D) has “Overweight” rating given on Thursday, December 14 by JP Morgan. The rating was downgraded by Bank of America to “Neutral” on Tuesday, March 20. As per Tuesday, April 10, the company rating was maintained by JP Morgan. On Friday, March 16 the stock rating was downgraded by J.P. Morgan to “Hold”. Guggenheim maintained Dominion Energy, Inc. (NYSE:D) rating on Tuesday, January 2. Guggenheim has “Buy” rating and $91.0 target. The firm has “Neutral” rating by UBS given on Wednesday, March 28. UBS downgraded the shares of D in report on Friday, March 16 to “Neutral” rating.

More important recent Dominion Energy, Inc. (NYSE:D) news were published by: Seekingalpha.com which released: “Recent Purchase: Dominion Energy” on May 18, 2018, also Seekingalpha.com published article titled: “Dominion to provide development funds for GE-Hitachi small modular nuke”, Seekingalpha.com published: “Protecting Your Dominion Energy Position” on May 14, 2018. More interesting news about Dominion Energy, Inc. (NYSE:D) was released by: Seekingalpha.com and their article: “Valeant Pharmaceuticals Can Still Go Higher – Cramer’s Lightning Round (5/21/18)” with publication date: May 22, 2018.

Dominion Energy, Inc. (NYSE:D) Institutional Positions Chart

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