Why Utilities Stocks Become Bullish: Dominion Resources (NYSE:D), American Electric Power Company (NYSE:AEP), Public Service Enterprise Group (NYSE:PEG), NextEra Energy (NYSE:NEE)

Dominion Resources, Inc. (NYSE:D) East Ohio presented $110,000 in grants to 13 winning community organizations in its 19th annual Community Impact Awards competition, co-sponsored with Inside Business Magazine. Dominion Resources, Inc. (NYSE:D) shares after opening at $71.23 moved to $71.69 on last trade day and at the end of the day closed at $70.67. Company price to sales ratio in past twelve months was calculated as 3.13 and price to cash ratio as 130.07. Dominion Resources, Inc. (NYSE:D) showed a positive weekly performance of 1.57%.

The Edison Electric Institute has presented American Electric Power Company Inc (NYSE:AEP) with the 2014 Outstanding National Key Accounts Customer Service Award. This marks the seventh time that AEP’s National Account program has received EEI’s top award for providing superior service to multi-site customers. American Electric Power Company Inc (NYSE:AEP) shares fell -1.47% in last trading session and ended the day on $51.73. AEP return on equity ratio is recorded as 9.40% and its return on assets is 2.70%. American Electric Power Company Inc (NYSE:AEP) yearly performance is 9.00%.

Public Service Enterprise Group Inc (NYSE:PEG) announced a quarterly dividend on Tuesday, April 15th, AmericanBankingNews.com reports. Investors of record on Friday, June 6th will be paid a dividend of 0.37 per share on Monday, June 30th. Public Service Enterprise Group Inc. (NYSE:PEG) shares moved down -0.48% in last trading session and was closed at $39.43 while trading in range of $39.32 – $39.96 – Public Service Enterprise Group Inc. (NYSE:PEG) year to date (YTD) performance is 24.35%.

NextEra Energy, Inc. (NYSE:NEE) announced that it has been recognized by IR Magazine for having the best Sustainability Practice across all sectors and best Investor Relations program in the utility sector. NextEra Energy, Inc. (NYSE:NEE) weekly performance is 0.86%. On last trading day company shares ended up $96.59. NextEra Energy, Inc. (NYSE:NEE) distance from 50-day simple moving average (SMA50) is 3.84%. Analysts mean target price for the company is $95.47.