Dominion Vitality (NYSE:D) slashes worth goal at Morgan Stanley to $90.00


Dominion Vitality (NYSE: D – GET Score) Its worth goal was lowered from $92.00 to $90.00 by funding analysts at Morgan Stanley in a analysis notice issued to traders Thursday, experiences Inventory Goal Advisor. The agency presently has an “equal weight” score on the utilities supplier’s inventory. Morgan Stanley’s worth goal would recommend a possible enhance of 14.66% from the corporate’s earlier shut.

A number of different analysis companies have additionally weighed in on D. UBS Group lowered its worth goal on shares of Dominion Vitality from $99.00 to $90.00 and set a “purchase” score on the inventory in a analysis notice dated Thursday, June 30. Mizuho lowered its worth goal on shares of Dominion Vitality to $81.00 from $87.00 in a analysis notice dated Friday, July 15. BMO Capital Markets raised its goal worth on shares of Dominion Vitality from $87.00 to $91.00 and gave the inventory an “outperform” score in a report on Tuesday, Aug. Lastly, Barclays lowered its goal worth on shares of Dominion Vitality from $93.00 to $86.00 and set an “equal weight” score on the inventory in a report on Monday, July 18. One analysis analyst has rated the inventory with promote score, 4 have issued maintain score and three have issued purchase score to the corporate’s inventory. In keeping with MarketBeat.com, the corporate presently has a median score of “Maintain” and a consensus worth goal of $86.00.

Dominion Vitality Value Efficiency

Shares of Dominion Vitality fell $0.44 to $78.49 throughout mid-day buying and selling on Thursday. 25,499 shares of the inventory have been exchanged, whereas its common quantity was 3,541,257. The corporate has a market cap of $65.34 billion, a price-to-earnings ratio of 29.39, a price-to-earnings-growth ratio of three.07 and a beta of 0.41. The corporate has a present ratio of 0.86, a fast ratio of 0.74 and a debt-to-equity ratio of 1.44. The agency’s 50-day easy shifting common is $81.79 and the 200-day easy shifting common is $82.11. Dominion Vitality has a fifty-two week low of $70.37 and a fifty-two week excessive of $88.78.

Dominion Vitality (NYSE: D – GET Score) final introduced its earnings outcomes on Monday, Aug. 8. The utility supplier reported earnings per share (EPS) of $0.77 for the quarter, beating analysts’ consensus estimates of $0.77. Dominion Vitality had a web margin of 15.09% and a return on fairness of 12.95%. The enterprise had income of $3.60 billion through the quarter, in comparison with analysts’ expectations of $3.51 billion. Throughout the identical quarter final yr, the corporate posted EPS of $0.76. The agency’s income for the quarter was up 18.4% on a year-on-year foundation. On common, sell-off analysts anticipate Dominion Vitality to publish 4.11 EPS for the present fiscal.

Hedge funds weigh in on Dominion Vitality

Many hedge funds and different institutional traders have not too long ago added or decreased their holdings in shares. Correct Wealth Administration LLC elevated its stake in shares of Dominion Vitality by 4.0% through the first quarter. After buying a further 124 shares throughout this era, Correct Wealth Administration LLC now owns 3,261 shares of the utilities supplier’s inventory, valued at $277,000. Chef Brock Funding Advisors LLC elevated its stake in shares of Dominion Vitality by 3.0% through the first quarter. Chef Brock Funding Advisors LLC now owns 4,250 shares of the utility supplier’s inventory, valued at $361,000, after buying a further 125 shares through the interval. Congress Asset Administration Firm MA elevated its stake in shares of Dominion Vitality by 3.6% through the second quarter. Congress Asset Administration Firm MA now owns 3,570 shares of the utilities supplier’s inventory, valued at $285,000, after buying a further 125 shares through the interval. Rothschild Funding Corp. IL raised its stake in shares of Dominion Vitality by 0.5% through the first quarter. Rothschild Funding Corp. IL now has 23,885 shares price $2,03 million of the utility supplier’s inventory after buying a further 127 shares through the interval. Lastly, Hartford Monetary Administration Inc. elevated its stake in shares of Dominion Vitality by 0.3% through the first quarter. Hartford Monetary Administration Inc. The U.S. now has 45,300 shares of the utility supplier’s inventory, valued at $3,849,000, after buying a further 128 shares through the interval. Institutional traders maintain 69.75% of the inventory.

About Dominion Vitality

(get score)

Dominion Vitality, Inc. produces and distributes power in the US. The corporate operates via 4 segments: Dominion Vitality Virginia, Fuel Distribution, Dominion Vitality South Carolina and Contracted Property. The Dominion Vitality Virginia phase generates, transmits and distributes regulated electrical energy to roughly 2.7 million residential, business, industrial and authorities clients in Virginia and North Carolina.

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Analyst Recommendations for Dominion Energy (NYSE:D)

This immediate information alert was generated by narrative science expertise and monetary information from MarketBeat to supply readers with the quickest and most correct reporting. This story was reviewed by Marketbeat’s editorial workforce previous to publication. Please ship any questions or feedback about this story to contact@marketbeat.com.

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