Dominion Energy, Inc. (NYSE:D) Shares Acquired by Congress Wealth Management LLC DE

Congress Wealth Management LLC DE raised its position in Dominion Energy, Inc. (NYSE:D - Free Report) by 4.6% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 190,074 shares of the utilities provider's stock after buying an additional 8,349 shares during the quarter. Congress Wealth Management LLC DE's holdings in Dominion Energy were worth $10,237,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of D. Crowley Wealth Management Inc. purchased a new stake in Dominion Energy during the fourth quarter worth about $270,000. Vanguard Group Inc. grew its holdings in shares of Dominion Energy by 0.8% in the 4th quarter. Vanguard Group Inc. now owns 89,513,956 shares of the utilities provider's stock worth $4,821,222,000 after acquiring an additional 674,859 shares during the period. Blueprint Investment Partners LLC acquired a new stake in Dominion Energy in the fourth quarter valued at $328,000. Optimum Investment Advisors lifted its holdings in shares of Dominion Energy by 557.2% in the fourth quarter. Optimum Investment Advisors now owns 3,700 shares of the utilities provider's stock valued at $199,000 after purchasing an additional 3,137 shares in the last quarter. Finally, American Century Companies Inc. raised its position in shares of Dominion Energy by 207.7% during the 4th quarter. American Century Companies Inc. now owns 3,763,898 shares of the utilities provider's stock worth $202,724,000 after purchasing an additional 2,540,713 shares during the last quarter. Hedge funds and other institutional investors own 73.04% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on D shares. UBS Group increased their target price on Dominion Energy from $58.00 to $60.00 and gave the company a "neutral" rating in a report on Friday, March 21st. Morgan Stanley lifted their price objective on Dominion Energy from $60.00 to $63.00 and gave the stock an "equal weight" rating in a research report on Thursday, March 20th. Argus upgraded shares of Dominion Energy to a "hold" rating in a report on Tuesday. Scotiabank lifted their price target on shares of Dominion Energy from $58.00 to $61.00 and gave the stock a "sector perform" rating in a report on Thursday, December 12th. Finally, JPMorgan Chase & Co. upped their price objective on shares of Dominion Energy from $58.00 to $59.00 and gave the company a "neutral" rating in a research note on Tuesday, March 11th. Thirteen analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to MarketBeat, Dominion Energy currently has a consensus rating of "Hold" and an average price target of $57.58.

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Dominion Energy Trading Up 0.9 %

Dominion Energy stock traded up $0.51 during midday trading on Friday, reaching $54.98. The stock had a trading volume of 3,830,061 shares, compared to its average volume of 4,209,213. The stock's 50-day simple moving average is $55.17 and its 200 day simple moving average is $56.19. Dominion Energy, Inc. has a twelve month low of $46.62 and a twelve month high of $61.97. The company has a debt-to-equity ratio of 1.42, a quick ratio of 0.58 and a current ratio of 0.74. The stock has a market capitalization of $46.85 billion, a PE ratio of 20.36, a price-to-earnings-growth ratio of 1.22 and a beta of 0.59.

Dominion Energy (NYSE:D - Get Free Report) last released its quarterly earnings data on Wednesday, February 12th. The utilities provider reported $0.58 earnings per share for the quarter, beating 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%. Analysts expect that Dominion Energy, Inc. will post 3.39 EPS for the current 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 $0.6675 dividend. This represents a $2.67 annualized dividend and a yield of 4.86%. The ex-dividend date was Friday, February 28th. Dominion Energy's dividend payout ratio (DPR) is presently 98.89%.

Dominion Energy Company 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.