Chevy Chase Trust Holdings LLC lowered its position in Dominion Energy, Inc. (NYSE:D - Free Report) by 2.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 444,776 shares of the utilities provider's stock after selling 8,886 shares during the period. Chevy Chase Trust Holdings LLC owned approximately 0.05% of Dominion Energy worth $23,956,000 as of its most recent SEC filing.
Several other large investors have also recently modified their holdings of D. Roble Belko & Company Inc purchased a new position in Dominion Energy in the 4th quarter worth $27,000. Sanctuary Wealth Management L.L.C. purchased a new position in shares of Dominion Energy in the third quarter worth about $28,000. Frazier Financial Advisors LLC acquired a new stake in shares of Dominion Energy during the third quarter worth about $32,000. Dunhill Financial LLC boosted its position in Dominion Energy by 601.2% in the third quarter. Dunhill Financial LLC now owns 568 shares of the utilities provider's stock valued at $33,000 after buying an additional 487 shares during the last quarter. Finally, Larson Financial Group LLC raised its position in Dominion Energy by 282.4% during the 3rd quarter. Larson Financial Group LLC now owns 608 shares of the utilities provider's stock worth $35,000 after buying an additional 449 shares during the last quarter. Institutional investors own 73.04% of the company's stock.
Dominion Energy Price Performance
D stock traded up $0.08 during trading on Wednesday, hitting $55.69. The stock had a trading volume of 4,733,653 shares, compared to its average volume of 4,601,354. Dominion Energy, Inc. has a twelve month low of $44.17 and a twelve month high of $61.97. The company's 50-day moving average price is $54.43 and its two-hundred day moving average price is $56.33. 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 stock has a market capitalization of $46.78 billion, a P/E ratio of 20.62, a PEG ratio of 1.21 and a beta of 0.61.
Dominion Energy (NYSE:D - Get Free Report) last posted its quarterly earnings results on Wednesday, February 12th. The utilities provider reported $0.58 earnings per share for the quarter, topping the consensus estimate 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 predict that Dominion Energy, Inc. will post 3.39 EPS for the current fiscal year.
Dominion Energy Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Friday, February 28th will be given a dividend of $0.6675 per share. The ex-dividend date is Friday, February 28th. This represents a $2.67 dividend on an annualized basis and a yield of 4.79%. Dominion Energy's payout ratio is 98.89%.
Wall Street Analyst Weigh In
D has been the topic of several recent research reports. The Goldman Sachs Group reaffirmed a "neutral" rating and issued a $61.00 price target on shares of Dominion Energy in a report on Friday, November 8th. Morgan Stanley began coverage on Dominion Energy in a research note on Monday, December 2nd. They issued an "equal weight" rating and a $61.00 target price on the stock. Finally, Scotiabank lifted their target price on shares of Dominion Energy from $58.00 to $61.00 and gave the company a "sector perform" rating in a report on Thursday, December 12th. Eleven equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $56.58.
View Our Latest Stock Report on Dominion Energy
About Dominion Energy
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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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