Reaves W H Co Inc Lowers stake in Dominion Resources (D)

Dominion Resources (D) : Reaves W H Co Inc reduced its stake in Dominion Resources by 0.17% during the most recent quarter end. The investment management company now holds a total of 1,415,017 shares of Dominion Resources which is valued at $102 Million after selling 2,407 shares in Dominion Resources , the firm said in a disclosure report filed with the SEC on May 11, 2016.Dominion Resources makes up approximately 3.64% of Reaves W H Co Inc’s portfolio.

Other Hedge Funds, Including , Amalgamated Bank boosted its stake in D in the latest quarter, The investment management firm added 5,643 additional shares and now holds a total of 21,361 shares of Dominion Resources which is valued at $1.5 Million. Dominion Resources makes up approx 0.15% of Amalgamated Bank’s portfolio.Blue Chip Partners reduced its stake in D by selling 249 shares or 3.47% in the most recent quarter. The Hedge Fund company now holds 6,922 shares of D which is valued at $499,007. Dominion Resources makes up approx 0.24% of Blue Chip Partners’s portfolio.Global X Management Co boosted its stake in D in the latest quarter, The investment management firm added 132 additional shares and now holds a total of 150 shares of Dominion Resources which is valued at $10,691.Jennison Associates reduced its stake in D by selling 449,943 shares or 31.7% in the most recent quarter. The Hedge Fund company now holds 969,468 shares of D which is valued at $69.1 Million. Dominion Resources makes up approx 0.07% of Jennison Associates’s portfolio.Tokio Marine Asset Management Co Ltd boosted its stake in D in the latest quarter, The investment management firm added 1,267 additional shares and now holds a total of 28,206 shares of Dominion Resources which is valued at $2 Million. Dominion Resources makes up approx 0.20% of Tokio Marine Asset Management Co Ltd’s portfolio.

Dominion Resources opened for trading at $72.01 and hit $72.35 on the upside on Monday, eventually ending the session at $72.22, with a gain of 0.18% or 0.13 points. The heightened volatility saw the trading volume jump to 15,13,719 shares. Company has a market cap of $44,503 M.

On the company’s financial health, Dominion Resources reported $0.96 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on May 4, 2016. Analyst had a consensus of $0.94.Analysts expectations of $ 3450.99.During the same quarter in the previous year, the company posted $0.99 EPS.

Dominion Resources Inc. (Dominion) is a producer and transporter of energy. The Company is a provider of electricity natural gas and related services to customers in the eastern region of the United States. The Company operates in three segments: Dominion Virginia Power (DVP) Dominion Generation and Dominion Energy. As of December 31 2014 the Company’s portfolio of assets includes approximately 24600 megawatt (MW) of generating capacity; 6400 miles of electric transmission lines; 57100 miles of electric distribution lines; 10900 miles of natural gas transmission gathering and storage pipeline and 21900 miles of gas distribution pipeline exclusive of service lines. Dominion’s operations are conducted through various subsidiaries including Virginia Power and Dominion Gas. The Company also operates one of the underground natural gas storage systems with approximately 947 billion cubic feet (bcf) of storage capacity.

Leave a Reply

Dominion Resources - Is it time to Sell?

Top Brokerage Firms are advising their investors on Dominion Resources. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.