The shares of Dominion Energy, Inc. (NYSE:D) has been pegged with a rating of Neutral by Macquarie in its latest research note that was published on March 18th, 2019. Macquarie wasn’t the only research firm that published a report of Dominion Energy, Inc., with other equities research analysts also giving their opinion on the stock. Mizuho advised investors in its research note published on March 12th, 2019, to Neutral the D stock. The stock had earned Neutral rating from JP Morgan when it published its report on January 22nd, 2019. The stock was given Underperform rating by BofA/Merrill in its report released on January 11th, 2019. UBS was of a view that D is Buy in its latest report on November 29th, 2018. BofA/Merrill thinks that D is worth Neutral rating. This was contained in the firm’s report on November 2nd, 2018 in which the stock’s price target was also moved to $69.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 12 believe it has the potential for further growth, thus rating it as Hold while 3 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $78.13. The price of the stock the last time has raised by 22.41% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 49.55.
The shares of the company added by 1.39% during the trading session on Thursday, reaching a low of $74.07 while ending the day at $75.32. During the trading session, a total of 2.65 million shares were traded which represents a 32.16% incline from the average session volume which is 3.90M shares. D had ended its last session trading at 74.29. Dominion Energy, Inc. currently has a market cap of $59.42B, while its P/E ratio stands at 34.66, while its P/E earnings growth sits at 4.32, with a beta of 0.27. Dominion Energy, Inc. debt-to-equity ratio currently stands at 1.57, while its quick ratio hovers at 0.40. D 52-week low price stands at $61.53 while its 52-week high price is $77.91.
The company in its last quarterly report recorded $1.10 earnings per share which is below the $1.11 predicted by most analysts. The Dominion Energy, Inc. generated $3,858.00 million in revenue during the last quarter, which is slightly lower than the $4,857.57 million predicted by analysts. In the second quarter last year, the firm recorded $0.89 earnings per share. Compared to the same quarter last year, the firm’s revenue was up by 19.09%. Dominion Energy, Inc. has the potential to record 2.17 EPS for the current fiscal year, according to equities analysts.
Investment analysts at Credit Suisse published a research note on March 20th, 2019 where it informed investors and clients that MGM Resorts International (NYSE:MGM) is now rated as Neutral. Their price target on the stock stands at $30. Mizuho also rated MGM as Initiated on March 12th, 2019, with its price target of $215 suggesting that MGM could surge by 20.95% from its current share price. Even though the stock has been trading at $26.10/share, analysts expect it to surge higher by 1.65% to reach $33.56/share. It started the day trading at $26.66 and traded between $26.17 and $26.53 throughout the trading session.
A look at its technical shows that MGM’s 50-day SMA is 26.54 while its 200-day SMA stands at 27.10. The stock has a high of $32.88 for the year while the low is $21.61. The company’s P/E ratio currently sits at 57.18, while the P/B ratio is 2.09. At the moment, only of MGM Resorts International shares were sold short. The company’s average trading volume currently stands at 6.71M shares, which means that the short-interest ratio is just 2.14 days. Over the past seven days, the company moved, with its shift of 3.84%. Looking further, the stock has dropped -3.07% over the past 90 days while it gained 5.36% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. T Rowe Price Associates Inc bought more MGM shares, increasing its portfolio by +12.76% during the last quarter. This move now sees T Rowe Price Associates Inc purchasing 6,114,057 shares in the last quarter, thus it now holds 54,013,840 shares of MGM, with a total valuation of $1,438,388,559. The Vanguard Group Inc meanwhile bought more MGM shares in the recently filed quarter, changing its stake to $1,342,790,721 worth of shares. Capital Research Management Co followed the path by increasing its MGM portfolio by +22.03% in the quarter. This means that Capital Research Management Co bought 5,267,902 shares in the last quarter and now controls 29,181,191 shares of the MGM stock, with the valuation hitting $777,095,116.
Similarly, Canyon Capital Advisors LLC decreased its MGM Resorts International shares by 0.00% during the recently filed quarter. After selling 0 shares in the last quarter, the firm now controls 21,163,868 shares of MGM Resorts International which are valued at $563,593,805. In the same vein, SSgA Funds Management Inc decreased its MGM Resorts International shares by during the most recent reported quarter. The firm sold -779,491 shares during the quarter which decreased its stakes to 19,713,127 shares and is now valued at $524,960,572. Following these latest developments, around 0.20% of MGM Resorts International stocks are owned by institutional investors and hedge funds.