48,247 Shares in Dominion Energy, Inc. (NYSE:D) Acquired by AGP Franklin LLC

AGP Franklin LLC purchased a new position in shares of Dominion Energy, Inc. (NYSE:D - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 48,247 shares of the utilities provider's stock, valued at approximately $2,599,000. Dominion Energy makes up about 1.6% of AGP Franklin LLC's portfolio, making the stock its 21st biggest holding.

A number of other large investors have also recently added to or reduced their stakes in the company. Barclays PLC grew its holdings in Dominion Energy by 19.8% in the 3rd quarter. Barclays PLC now owns 2,452,701 shares of the utilities provider's stock valued at $141,739,000 after buying an additional 404,868 shares in the last quarter. Czech National Bank lifted its holdings in shares of Dominion Energy by 6.6% in the fourth quarter. Czech National Bank now owns 182,131 shares of the utilities provider's stock worth $9,810,000 after acquiring an additional 11,231 shares during the last quarter. HB Wealth Management LLC boosted its stake in shares of Dominion Energy by 15.6% in the 4th quarter. HB Wealth Management LLC now owns 35,993 shares of the utilities provider's stock valued at $1,939,000 after purchasing an additional 4,861 shares in the last quarter. Pacer Advisors Inc. increased its position in Dominion Energy by 12.2% during the 4th quarter. Pacer Advisors Inc. now owns 70,213 shares of the utilities provider's stock worth $3,782,000 after purchasing an additional 7,632 shares in the last quarter. Finally, Greenwood Capital Associates LLC bought a new position in Dominion Energy in the 4th quarter valued at approximately $1,027,000. Institutional investors and hedge funds own 73.04% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on D shares. UBS Group boosted their price target on Dominion Energy from $58.00 to $60.00 and gave the stock a "neutral" rating in a report on Friday, March 21st. JPMorgan Chase & Co. reaffirmed an "underweight" rating and issued a $52.00 price objective (down from $59.00) on shares of Dominion Energy in a research note on Tuesday, April 8th. Morgan Stanley raised their price target on shares of Dominion Energy from $60.00 to $63.00 and gave the stock an "equal weight" rating in a report on Thursday, March 20th. Finally, Argus raised shares of Dominion Energy to a "hold" rating in a research note on Tuesday, March 25th. One equities research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and one has given a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $57.00.

Dominion Energy Stock Up 0.0 %

Dominion Energy stock traded up $0.01 during mid-day trading on Friday, reaching $53.07. The stock had a trading volume of 8,734,005 shares, compared to its average volume of 4,351,277. The company has a debt-to-equity ratio of 1.42, a quick ratio of 0.58 and a current ratio of 0.74. Dominion Energy, Inc. has a fifty-two week low of $47.99 and a fifty-two week high of $61.97. The stock's 50-day simple moving average is $54.60 and its 200-day simple moving average is $55.68. The firm has a market capitalization of $45.22 billion, a PE ratio of 19.65, a price-to-earnings-growth ratio of 1.22 and a beta of 0.57.

Dominion Energy (NYSE:D - Get Free Report) last announced its quarterly earnings results on Wednesday, February 12th. The utilities provider reported $0.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.54 by $0.04. Dominion Energy had a return on equity of 8.99% and a net margin of 16.22%. On average, sell-side analysts forecast that Dominion Energy, Inc. will post 3.39 EPS for the current fiscal year.

Dominion Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Friday, February 28th were issued a dividend of $0.6675 per share. The ex-dividend date of this dividend was Friday, February 28th. This represents a $2.67 dividend on an annualized basis and a yield of 5.03%. Dominion Energy's dividend payout ratio (DPR) is currently 98.89%.

Dominion Energy Profile

Dominion Energy, Inc produces and distributes energy in the United States. It operates through three operating segments: Dominion Energy Virginia, Dominion Energy South Carolina, and Contracted Energy. The Dominion Energy Virginia segment generates, transmits, and distributes regulated electricity to approximately 2.8 million residential, commercial, industrial, and governmental customers in Virginia and North Carolina.