Barclays PLC Sells 623,526 Shares of Dominion Energy, Inc. (NYSE:D)

Barclays PLC decreased its position in shares of Dominion Energy, Inc. (NYSE:D - Free Report) by 25.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,829,175 shares of the utilities provider's stock after selling 623,526 shares during the period. Barclays PLC owned about 0.22% of Dominion Energy worth $98,519,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of D. Czech National Bank raised its stake in Dominion Energy by 6.6% during the fourth quarter. Czech National Bank now owns 182,131 shares of the utilities provider's stock worth $9,810,000 after acquiring an additional 11,231 shares during the period. HB Wealth Management LLC boosted its position in shares of Dominion Energy by 15.6% during the 4th quarter. HB Wealth Management LLC now owns 35,993 shares of the utilities provider's stock valued at $1,939,000 after purchasing an additional 4,861 shares in the last quarter. Pacer Advisors Inc. grew its position in Dominion Energy by 12.2% in the fourth quarter. Pacer Advisors Inc. now owns 70,213 shares of the utilities provider's stock worth $3,782,000 after buying an additional 7,632 shares during the last quarter. Greenwood Capital Associates LLC bought a new position in shares of Dominion Energy in the fourth quarter valued at $1,027,000. Finally, Principal Financial Group Inc. lifted its position in shares of Dominion Energy by 4.6% during the 3rd quarter. Principal Financial Group Inc. now owns 951,763 shares of the utilities provider's stock valued at $55,002,000 after acquiring an additional 41,746 shares during the last quarter. Institutional investors and hedge funds own 73.04% of the company's stock.

Dominion Energy Price Performance

Shares of D stock traded up $0.01 during mid-day trading on Friday, reaching $53.07. The company's stock had a trading volume of 8,734,005 shares, compared to its average volume of 4,351,277. 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 firm's 50-day moving average is $54.60 and its two-hundred day moving average is $55.68. Dominion Energy, Inc. has a 1-year low of $47.99 and a 1-year high of $61.97. The company has a market cap of $45.22 billion, a P/E ratio of 19.65, a PEG ratio of 1.22 and a beta of 0.57.

Dominion Energy (NYSE:D - Get Free Report) last issued its earnings results on Wednesday, February 12th. The utilities provider reported $0.58 earnings per share (EPS) 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%. On average, research analysts predict that Dominion Energy, Inc. will post 3.39 earnings per share for the current year.

Dominion Energy Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Friday, February 28th were paid a dividend of $0.6675 per share. This represents a $2.67 annualized dividend and a dividend yield of 5.03%. The ex-dividend date was Friday, February 28th. Dominion Energy's dividend payout ratio (DPR) is presently 98.89%.

Analyst Upgrades and Downgrades

D has been the subject of several analyst reports. JPMorgan Chase & Co. reaffirmed an "underweight" rating and set a $52.00 target price (down from $59.00) on shares of Dominion Energy in a report on Tuesday, April 8th. Argus upgraded shares of Dominion Energy to a "hold" rating in a report on Tuesday, March 25th. Morgan Stanley boosted their target price on shares of Dominion Energy from $60.00 to $63.00 and gave the stock an "equal weight" rating in a research report on Thursday, March 20th. Finally, UBS Group lifted their price objective on Dominion Energy from $58.00 to $60.00 and gave the stock a "neutral" rating in a research note on Friday, March 21st. One investment analyst has rated the stock with a sell rating, twelve have given a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $57.00.

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.