As Dominion Energy (D) Stock Value Declined, Advisors Asset Management Trimmed Stake; Facebook (FB) Shareholder Sta Wealth Management Has Cut Holding as Market Valuation Declined

August 10, 2018 - By William Brooks

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Advisors Asset Management Inc decreased its stake in Dominion Energy Inc (D) by 36.96% based on its latest 2018Q1 regulatory filing with the SEC. Advisors Asset Management Inc sold 6,050 shares as the company’s stock declined 15.55% with the market. The institutional investor held 10,317 shares of the public utilities company at the end of 2018Q1, valued at $764,000, down from 16,367 at the end of the previous reported quarter. Advisors Asset Management Inc who had been investing in Dominion Energy Inc for a number of months, seems to be less bullish one the $46.44 billion market cap company. The stock increased 0.44% or $0.31 during the last trading session, reaching $71.03. About 1.48 million shares traded. Dominion Energy, Inc. (NYSE:D) has declined 20.75% since August 10, 2017 and is downtrending. It has underperformed by 33.32% the S&P500. Some Historical D News: 09/05/2018 – South Carolina Electric & Gas Company replaces more than 40 percent of its nuclear project capacity with purchase of natural-gas-fired power plant; 10/04/2018 – DOMINION ENERGY COVE POINT COMPLETED PLANNED MAINTENANCE OUTAGE; 01/05/2018 – Dominion Energy Foresees Even Greater Growth of Renewable Energy; 27/04/2018 – Dominion Energy Adjusted Earnings Top Views — Earnings Review; 27/03/2018 – Dominion Energy Backs 2018 Adj EPS $3.80-Adj EPS $4.25; 19/04/2018 – SCANA/DOMINION LIKELY TO BE RECUT IF BILL MOVES FORWARD: UBS; 16/03/2018 – Gail India proposes 7 U.S. LNG cargo swaps from Cove Point facility; 19/03/2018 – DOMINION ENERGY – DOES NOT ANTICIPATE ANY REVENUE REDUCTIONS IN 2018 TO 2020 TIME PERIOD DUE TO FERC’S ACTIONS ON DOMINION ENERGY MIDSTREAM PARTNERS; 19/03/2018 – DOMINION ENERGY INC – IMPACT OF FERC POLICY CHANGE TO DOMINION ENERGY NOT EXPECTED TO BE MATERIAL; 17/04/2018 – Dominion Energy/SCANA Merger Could Boost South Carolina Economy by $18.7 Billion

Sta Wealth Management Llc decreased its stake in Facebook Inc (FB) by 58.41% based on its latest 2018Q1 regulatory filing with the SEC. Sta Wealth Management Llc sold 3,151 shares as the company’s stock declined 0.01% with the market. The institutional investor held 2,244 shares of the technology company at the end of 2018Q1, valued at $359,000, down from 5,395 at the end of the previous reported quarter. Sta Wealth Management Llc who had been investing in Facebook Inc for a number of months, seems to be less bullish one the $528.62B market cap company. The stock decreased 1.13% or $2.09 during the last trading session, reaching $183.09. About 18.41M shares traded. Facebook, Inc. (NASDAQ:FB) has risen 21.69% since August 10, 2017 and is uptrending. It has outperformed by 9.12% the S&P500. Some Historical FB News: 19/04/2018 – German lawmakers to grill Facebook manager on data privacy; 30/04/2018 – Facebook Inc. vs Skky LLC | FWD Entered | 04/30/2018; 22/03/2018 – Facebook’s Sandberg: ‘There Will Always Be Bad Actors’ — Barron’s Blog; 22/03/2018 – Investors, lawmakers, advertisers pressure Facebook over data; 26/03/2018 – Oregon AG: AG Rosenblum Joins Coalition Demanding Answers from Facebook; 02/05/2018 – Cambridge Analytica Closing Operations Following Facebook Data Controversy; 24/05/2018 – Facebook has has been trying to portray itself as a friend to digital publishers for the last few years. But an institutional level, the company does not seem to understand or value journalism; 03/04/2018 – BofA removes Facebook from its US1 top ideas list; 20/03/2018 – Facebook Is Said to Be Probed by FTC for Use of Personal Data; 19/03/2018 – CAMBRIDGE ANALYTICA SAYS IT DID NOT USE FACEBOOK DATA AS PART OF SERVICES PROVIDED TO DONALD TRUMP PRESIDENTIAL CAMPAIGN

Analysts await Dominion Energy, Inc. (NYSE:D) to report earnings on October, 29. They expect $1.09 EPS, up 4.81% or $0.05 from last year’s $1.04 per share. D’s profit will be $712.60 million for 16.29 P/E if the $1.09 EPS becomes a reality. After $0.86 actual EPS reported by Dominion Energy, Inc. for the previous quarter, Wall Street now forecasts 26.74% EPS growth.

Investors sentiment decreased to 1.19 in Q1 2018. Its down 0.13, from 1.32 in 2017Q4. It worsened, as 67 investors sold D shares while 303 reduced holdings. 121 funds opened positions while 319 raised stakes. 429.64 million shares or 3.49% more from 415.15 million shares in 2017Q4 were reported. Monroe Bancshares Trust Mi holds 0.02% or 1,107 shares in its portfolio. Convergence Inv Ptnrs Ltd Company stated it has 0.01% of its portfolio in Dominion Energy, Inc. (NYSE:D). Toth Fin Advisory invested 0.09% in Dominion Energy, Inc. (NYSE:D). Ftb, a Tennessee-based fund reported 7,516 shares. Comerica Commercial Bank has invested 0.1% in Dominion Energy, Inc. (NYSE:D). Moreover, Tobam has 0.55% invested in Dominion Energy, Inc. (NYSE:D) for 199,460 shares. Retirement System Of Alabama has invested 0.1% in Dominion Energy, Inc. (NYSE:D). Peddock Cap Advsr stated it has 0.02% in Dominion Energy, Inc. (NYSE:D). Moreover, Hussman Strategic Inc has 0.02% invested in Dominion Energy, Inc. (NYSE:D) for 1,000 shares. First Bancorporation Tru Com Of Newtown owns 7,051 shares. Whitnell & Commerce stated it has 0.04% of its portfolio in Dominion Energy, Inc. (NYSE:D). Wills Gru reported 76,826 shares. 19,677 were accumulated by Charter. Hbk Invests Lp accumulated 16,900 shares or 0.01% of the stock. Stewart & Patten Ltd Liability Corp has 3,298 shares for 0.04% of their portfolio.

Among 21 analysts covering Dominion Midstream (NYSE:D), 7 have Buy rating, 1 Sell and 13 Hold. Therefore 33% are positive. Dominion Midstream had 51 analyst reports since July 23, 2015 according to SRatingsIntel. JP Morgan maintained the stock with “Neutral” rating in Thursday, October 12 report. On Wednesday, January 3 the stock rating was maintained by CFRA with “Hold”. The firm has “Hold” rating by Tudor Pickering given on Monday, April 3. The firm earned “Overweight” rating on Thursday, February 4 by Barclays Capital. Bank of America maintained the shares of D in report on Thursday, August 2 with “Neutral” rating. Citigroup maintained the stock with “Neutral” rating in Tuesday, October 17 report. The firm has “Neutral” rating given on Thursday, June 16 by JP Morgan. JP Morgan upgraded Dominion Energy, Inc. (NYSE:D) on Thursday, December 14 to “Overweight” rating. KeyBanc Capital Markets maintained the stock with “Hold” rating in Wednesday, October 18 report. The company was downgraded on Friday, September 11 by Goldman Sachs.

Since February 28, 2018, it had 2 buys, and 0 insider sales for $453,739 activity. 4,000 shares valued at $253,752 were bought by FARRELL THOMAS F II on Thursday, May 10.

More news for Dominion Energy, Inc. (NYSE:D) were recently published by: Seekingalpha.com, which released: “Dominion Energy (D) Q2 2018 Results – Earnings Call Transcript” on August 01, 2018. Globenewswire.com‘s article titled: “Detailed Research: Economic Perspectives on Retail Properties of America, Dominion Energy, GNC, Forum Energy …” and published on August 10, 2018 is yet another important article.

Advisors Asset Management Inc, which manages about $16.50B and $5.97B US Long portfolio, upped its stake in Blackrock Utilities Infrstrc (BUI) by 26,343 shares to 63,209 shares, valued at $1.24M in 2018Q1, according to the filing. It also increased its holding in Johnson & Johnson (NYSE:JNJ) by 15,385 shares in the quarter, for a total of 207,795 shares, and has risen its stake in Lmp Cap & Income Fd Inc (SCD).

Analysts await Facebook, Inc. (NASDAQ:FB) to report earnings on November, 7. They expect $1.48 earnings per share, down 6.92% or $0.11 from last year’s $1.59 per share. FB’s profit will be $4.27B for 30.93 P/E if the $1.48 EPS becomes a reality. After $1.74 actual earnings per share reported by Facebook, Inc. for the previous quarter, Wall Street now forecasts -14.94% negative EPS growth.

Among 56 analysts covering Facebook (NASDAQ:FB), 50 have Buy rating, 2 Sell and 4 Hold. Therefore 89% are positive. Facebook had 291 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Friday, September 1 by Robert W. Baird. The rating was maintained by Citigroup with “Buy” on Monday, September 19. Credit Suisse maintained Facebook, Inc. (NASDAQ:FB) on Monday, January 8 with “Buy” rating. Aegis Capital maintained the stock with “Buy” rating in Wednesday, November 1 report. On Thursday, April 28 the stock rating was maintained by Stifel Nicolaus with “Buy”. The rating was maintained by Jefferies on Thursday, April 28 with “Buy”. On Tuesday, January 16 the stock rating was maintained by Robert W. Baird with “Buy”. The company was downgraded on Thursday, February 2 by Pivotal Research. The rating was maintained by Wells Fargo on Thursday, November 3 with “Outperform”. Barclays Capital maintained Facebook, Inc. (NASDAQ:FB) rating on Thursday, November 5. Barclays Capital has “Overweight” rating and $140 target.

Since February 12, 2018, it had 0 insider purchases, and 100 selling transactions for $4.63 billion activity. Shares for $151,815 were sold by Stretch Colin. $9.18M worth of Facebook, Inc. (NASDAQ:FB) was sold by Sandberg Sheryl on Wednesday, April 18. Wehner David M. had sold 14,901 shares worth $2.66M on Thursday, February 22. The insider FISCHER DAVID B. sold $3.29M. Schroepfer Michael Todd had sold 38,009 shares worth $7.31 million on Tuesday, June 12. Koum Jan sold $231.84 million worth of stock or 1.26 million shares.

More notable recent Facebook, Inc. (NASDAQ:FB) news were published by: Fool.com which released: “Why Facebook, Inc. Stock Dropped 11.2% in July” on August 09, 2018, also Seekingalpha.com with their article: “Facebook trims gains after response to WSJ banking story” published on August 06, 2018, Seekingalpha.com published: “Time To Buy Facebook” on August 07, 2018. More interesting news about Facebook, Inc. (NASDAQ:FB) were released by: Nasdaq.com and their article: “Facebook (FB) Stock Sinks as Revenue Misses Expectations” published on July 26, 2018 as well as Seekingalpha.com‘s news article titled: “Facebook: Short-Term Pain Equals Long-Term Gain” with publication date: August 07, 2018.

Sta Wealth Management Llc, which manages about $570.34M and $298.35 million US Long portfolio, upped its stake in Ishares Tr (IUSV) by 12,458 shares to 420,367 shares, valued at $22.33 million in 2018Q1, according to the filing. It also increased its holding in Select Sector Spdr Tr (XLF) by 369,797 shares in the quarter, for a total of 485,454 shares, and has risen its stake in Select Sector Spdr Tr (XLP).

Investors sentiment decreased to 0.87 in Q1 2018. Its down 0.34, from 1.21 in 2017Q4. It turned negative, as 145 investors sold FB shares while 712 reduced holdings. 173 funds opened positions while 573 raised stakes. 1.65 billion shares or 2.41% more from 1.61 billion shares in 2017Q4 were reported. The Colorado-based Ramsay Stattman Vela Price has invested 0.08% in Facebook, Inc. (NASDAQ:FB). First Fin Corp In, Indiana-based fund reported 1,939 shares. Camarda Finance Advsrs Ltd Liability Corporation reported 0.02% of its portfolio in Facebook, Inc. (NASDAQ:FB). Illinois-based Country Tru National Bank & Trust has invested 0.95% in Facebook, Inc. (NASDAQ:FB). Barr E S Com owns 3,094 shares. Lynch In reported 1,623 shares. Bbr Ptnrs Ltd Liability Corp holds 6,526 shares or 0.19% of its portfolio. 575,577 were accumulated by Mackenzie Financial. Lau Associates Lc reported 1.35% of its portfolio in Facebook, Inc. (NASDAQ:FB). Seatown Hldgs Pte accumulated 146,351 shares. California-based Guild Inv Management has invested 0.76% in Facebook, Inc. (NASDAQ:FB). C M Bidwell And Assocs Ltd has 3,965 shares for 0.58% of their portfolio. 220,458 are held by Shellback L P. Lombard Odier Asset Management (Europe) Ltd owns 23,249 shares or 0.25% of their US portfolio. Tiaa Cref Invest Ltd Liability Company holds 1.59% of its portfolio in Facebook, Inc. (NASDAQ:FB) for 14.71 million shares.

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