Dominion Resources (NYSE:D).
Raymond James & Associates says it increased its ownership in Dominion Resources stock by 118,597 shares as of the end of the last quarter. Its stake was worth $153,198,000 an increase of $9,685,000 according to the filing.
Several firms have updated their holdings. Commonwealth Of Pennsylvania Public School Empls Retrmt SYS added to its investment by buying 5,529 shares an increase of 11.8%. Commonwealth Of Pennsylvania Public School Empls Retrmt SYS now holds 52,259 shares with a value of $4,020,000. The total value of its holdings increased 12.3%. As of the end of the quarter RBO & CO LLC had bought 1,757 shares growing its stake by 2.4%. The value in dollars increased from $5,500,000 to $5,656,000 increasing 2.8% for the reporting period.
Baird Financial Group, Inc. expanded its holdings by buying 6,727 shares an increase of 6.0% from 06/30/2017 to 09/30/2017. Baird Financial Group, Inc. claims 118,033 shares worth $9,080,000. The value of the position overall is up by 6.5%.
November 1 investment analysts at Gabelli maintained a “Hold” rating on the company. Equity analyst Bank of America Corporation updated guidance on D by announcing an initial rating of “Neutral”.
On October 20, 2017 KeyCorp reiterated a “Hold” rating on the company. Citigroup raised the price target of the stock on October 17 changing the forecast from $76.00 to $78.00 with a “Neutral” recommendation.
Equity analyst J P Morgan Chase & Co raised the price target on October 12 changing the price objective from $78.00 to $82.00 and issued a “Neutral” rating. On September 14 Goldman Sachs Group, Inc. (The) held the stock rating at “Neutral” projecting a price of $78.00.
The company is so far trading down by 0.75% percent from yesterday’s close. The company currently has a P/E ratio of 18.51 and the market cap is 873.14B. As of the last earnings report the EPS was $9.19 with 5.13B shares currently outstanding.
Traders are feeling more bullish on shares of Dominion Resources of late if you take note of the decrease in short interest. The stock saw a fall in short interest between October 13, 2017 and October 31, 2017 of -2.60%. Short shares decreased 344,931 over that timeframe. The days to cover decreased to 5.0 and the percentage of shorted shares was 0.00% on October 31.