Barclays PLC Has $141.74 Million Stake in Dominion Energy, Inc. (NYSE:D)

Barclays PLC raised its position in shares of Dominion Energy, Inc. (NYSE:D - Free Report) by 19.8% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,452,701 shares of the utilities provider's stock after acquiring an additional 404,868 shares during the period. Barclays PLC owned approximately 0.29% of Dominion Energy worth $141,739,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Dynamic Advisor Solutions LLC grew its position in Dominion Energy by 8.3% during the second quarter. Dynamic Advisor Solutions LLC now owns 6,428 shares of the utilities provider's stock worth $315,000 after buying an additional 491 shares in the last quarter. Sequoia Financial Advisors LLC grew its position in Dominion Energy by 11.7% during the second quarter. Sequoia Financial Advisors LLC now owns 16,827 shares of the utilities provider's stock worth $825,000 after buying an additional 1,762 shares in the last quarter. Wedmont Private Capital grew its position in Dominion Energy by 10.5% during the second quarter. Wedmont Private Capital now owns 5,326 shares of the utilities provider's stock worth $277,000 after buying an additional 504 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its position in Dominion Energy by 3.6% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 113,639 shares of the utilities provider's stock worth $5,568,000 after buying an additional 3,990 shares in the last quarter. Finally, V Square Quantitative Management LLC grew its position in Dominion Energy by 6.1% during the second quarter. V Square Quantitative Management LLC now owns 9,651 shares of the utilities provider's stock worth $473,000 after buying an additional 557 shares in the last quarter. 73.04% of the stock is currently owned by institutional investors.

Dominion Energy Trading Down 1.3 %

Shares of NYSE D traded down $0.72 during mid-day trading on Wednesday, hitting $54.29. The company's stock had a trading volume of 4,155,095 shares, compared to its average volume of 4,465,697. The stock has a market cap of $45.60 billion, a price-to-earnings ratio of 19.18, a price-to-earnings-growth ratio of 1.49 and a beta of 0.59. The company has a debt-to-equity ratio of 1.42, a current ratio of 0.74 and a quick ratio of 0.58. Dominion Energy, Inc. has a one year low of $43.53 and a one year high of $61.97. The company's fifty day simple moving average is $58.02 and its 200-day simple moving average is $55.20.

Dominion Energy (NYSE:D - Get Free Report) last released its quarterly earnings data on Friday, November 1st. The utilities provider reported $0.98 earnings per share for the quarter, topping the consensus estimate of $0.93 by $0.05. Dominion Energy had a net margin of 16.95% and a return on equity of 8.35%. The business had revenue of $3.94 billion for the quarter, compared to analyst estimates of $4.18 billion. During the same quarter last year, the firm earned $0.77 EPS. Dominion Energy's quarterly revenue was up 3.4% compared to the same quarter last year. On average, sell-side analysts anticipate that Dominion Energy, Inc. will post 2.75 earnings per share for the current fiscal year.

Dominion Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 20th. Investors of record on Friday, November 29th will be paid a dividend of $0.6675 per share. This represents a $2.67 annualized dividend and a yield of 4.92%. The ex-dividend date is Friday, November 29th. Dominion Energy's payout ratio is 93.68%.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on D shares. The Goldman Sachs Group reissued a "neutral" rating and set a $61.00 target price on shares of Dominion Energy in a research report on Friday, November 8th. Jefferies Financial Group started coverage on Dominion Energy in a research note on Friday, September 20th. They issued a "hold" rating and a $58.00 price objective on the stock. Morgan Stanley started coverage on Dominion Energy in a research report on Monday, December 2nd. They set an "equal weight" rating and a $61.00 target price for the company. Scotiabank lifted their price objective on Dominion Energy from $48.00 to $58.00 and gave the company a "sector perform" rating in a report on Tuesday, August 20th. Finally, Barclays upped their target price on shares of Dominion Energy from $54.00 to $58.00 and gave the stock an "overweight" rating in a report on Tuesday, October 15th. Eleven research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat, Dominion Energy has an average rating of "Hold" and a consensus target price of $56.33.

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.