Dominion Energy, Inc. (NYSE:D) Shares Sold by Commonwealth of Pennsylvania Public School Empls Retrmt SYS

Commonwealth of Pennsylvania Public School Empls Retrmt SYS decreased its holdings in Dominion Energy, Inc. (NYSE:D - Free Report) by 0.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,588,320 shares of the utilities provider's stock after selling 6,166 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS owned 0.19% of Dominion Energy worth $85,547,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. increased its position in Dominion Energy by 0.8% during the third quarter. Charles Schwab Investment Management Inc. now owns 5,164,929 shares of the utilities provider's stock valued at $298,481,000 after acquiring an additional 43,055 shares during the last quarter. Hotchkis & Wiley Capital Management LLC boosted its stake in shares of Dominion Energy by 63.5% during the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 8,436,875 shares of the utilities provider's stock worth $487,567,000 after purchasing an additional 3,278,175 shares during the period. Barclays PLC grew its holdings in Dominion Energy by 19.8% during the 3rd quarter. Barclays PLC now owns 2,452,701 shares of the utilities provider's stock valued at $141,739,000 after purchasing an additional 404,868 shares during the last quarter. Czech National Bank raised its position in Dominion Energy by 6.6% in the 4th quarter. Czech National Bank now owns 182,131 shares of the utilities provider's stock worth $9,810,000 after purchasing an additional 11,231 shares during the period. Finally, HB Wealth Management LLC lifted its stake in Dominion Energy by 15.6% in the fourth quarter. HB Wealth Management LLC now owns 35,993 shares of the utilities provider's stock worth $1,939,000 after purchasing an additional 4,861 shares during the last quarter. Hedge funds and other institutional investors own 73.04% of the company's stock.

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Analyst Upgrades and Downgrades

A number of research analysts have recently commented on D shares. UBS Group upped their target price on Dominion Energy from $58.00 to $60.00 and gave the company a "neutral" rating in a research note on Friday. JPMorgan Chase & Co. upped their price objective on Dominion Energy from $58.00 to $59.00 and gave the company a "neutral" rating in a research report on Tuesday, March 11th. Scotiabank lifted their target price on Dominion Energy from $58.00 to $61.00 and gave the stock a "sector perform" rating in a research report on Thursday, December 12th. Finally, Morgan Stanley upped 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. Twelve investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $57.58.

Dominion Energy Price Performance

Shares of Dominion Energy stock traded down $0.26 during trading hours on Monday, reaching $54.29. The stock had a trading volume of 4,144,549 shares, compared to its average volume of 4,056,614. The stock's 50 day moving average is $55.21 and its 200 day moving average is $56.27. The company has a current ratio of 0.74, a quick ratio of 0.58 and a debt-to-equity ratio of 1.42. Dominion Energy, Inc. has a twelve month low of $46.56 and a twelve month high of $61.97. The firm has a market capitalization of $46.26 billion, a PE ratio of 20.11, a PEG ratio of 1.22 and a beta of 0.59.

Dominion Energy (NYSE:D - Get Free Report) last released 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 return on equity of 8.99% and a net margin of 16.22%. Equities analysts expect that Dominion Energy, Inc. will post 3.39 earnings per share for the current fiscal year.

Dominion Energy Announces Dividend

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. This represents a $2.67 dividend on an annualized basis and a yield of 4.92%. The ex-dividend date was Friday, February 28th. Dominion Energy's dividend payout ratio is presently 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.