The firm has seen high portfolio management turnover over the past five years, which detracts from the firm’s rating. A stable team tends to support positive results. Point Bridge Capital's longest-tenured managers do not possess comparable experience as teams at other firms, a cause for concern. Specifically, average tenure within the firm is five years. As such, there is less confidence in the group's ability to manage capital through a full market cycle effectively.
Dominion Energy: Berkshire Hathaway To Buy Remaining Cove Point Interest
While Dominion stock is undervalued, we see more attractive opportunities for utility investors