Blueprint Investment Partners LLC bought a new stake in shares of Dominion Energy, Inc. (NYSE:D - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 6,092 shares of the utilities provider's stock, valued at approximately $328,000.
Several other institutional investors also recently bought and sold shares of D. Optimum Investment Advisors increased its stake in Dominion Energy by 557.2% during the 4th quarter. Optimum Investment Advisors now owns 3,700 shares of the utilities provider's stock worth $199,000 after buying an additional 3,137 shares during the period. American Century Companies Inc. increased its position in shares of Dominion Energy by 207.7% during the fourth quarter. American Century Companies Inc. now owns 3,763,898 shares of the utilities provider's stock worth $202,724,000 after acquiring an additional 2,540,713 shares during the period. Mizuho Securities USA LLC raised its stake in shares of Dominion Energy by 46.3% in the fourth quarter. Mizuho Securities USA LLC now owns 79,614 shares of the utilities provider's stock valued at $4,288,000 after acquiring an additional 25,213 shares in the last quarter. Virtu Financial LLC purchased a new position in Dominion Energy in the fourth quarter valued at $752,000. Finally, Sciencast Management LP purchased a new stake in Dominion Energy during the 4th quarter worth about $664,000. 73.04% of the stock is owned by institutional investors and hedge funds.
Dominion Energy Stock Performance
Shares of D stock traded up $0.51 during trading hours on Friday, hitting $54.98. The stock had a trading volume of 3,830,061 shares, compared to its average volume of 4,209,213. The company has a debt-to-equity ratio of 1.42, a current ratio of 0.74 and a quick ratio of 0.58. The firm has a market capitalization of $46.85 billion, a PE ratio of 20.36, a PEG ratio of 1.22 and a beta of 0.59. The stock's 50 day moving average is $55.17 and its 200 day moving average is $56.19. Dominion Energy, Inc. has a twelve month low of $46.62 and a twelve month high of $61.97.
Dominion Energy (NYSE:D - Get Free Report) last issued its quarterly earnings results on Wednesday, February 12th. The utilities provider reported $0.58 earnings per share for the quarter, topping analysts' consensus estimates of $0.54 by $0.04. Dominion Energy had a net margin of 16.22% and a return on equity of 8.99%. As a group, research analysts forecast that Dominion Energy, Inc. will post 3.39 earnings per share for the current fiscal year.
Dominion Energy Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th. Shareholders of record on Friday, February 28th were given 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 4.86%. Dominion Energy's payout ratio is 98.89%.
Analyst Upgrades and Downgrades
A number of equities analysts have recently commented on D shares. JPMorgan Chase & Co. boosted their price objective on Dominion Energy from $58.00 to $59.00 and gave the stock a "neutral" rating in a research report on Tuesday, March 11th. UBS Group raised their price objective on shares of Dominion Energy from $58.00 to $60.00 and gave the company a "neutral" rating in a report on Friday, March 21st. Scotiabank increased their target price on Dominion Energy from $58.00 to $61.00 and gave the company a "sector perform" rating in a report on Thursday, December 12th. Argus raised Dominion Energy to a "hold" rating in a report on Tuesday. Finally, Morgan Stanley increased their price objective on Dominion Energy from $60.00 to $63.00 and gave the company an "equal weight" rating in a report on Thursday, March 20th. Thirteen research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $57.58.
View Our Latest Analysis on D
About Dominion Energy
(
Free Report)
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.
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