Peoples Bank KS Has $34,000 Holdings in Dominion Energy, Inc. (NYSE:D)

Peoples Bank KS cut its stake in shares of Dominion Energy, Inc. (NYSE:D - Free Report) by 95.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 640 shares of the utilities provider's stock after selling 12,294 shares during the period. Peoples Bank KS's holdings in Dominion Energy were worth $34,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Sanctuary Wealth Management L.L.C. purchased a new stake in Dominion Energy during the third quarter worth approximately $28,000. Frazier Financial Advisors LLC purchased a new stake in Dominion Energy during the 3rd quarter worth $32,000. Dunhill Financial LLC increased its holdings in Dominion Energy by 601.2% in the 3rd quarter. Dunhill Financial LLC now owns 568 shares of the utilities provider's stock valued at $33,000 after purchasing an additional 487 shares in the last quarter. Larson Financial Group LLC raised its position in Dominion Energy by 282.4% in the third quarter. Larson Financial Group LLC now owns 608 shares of the utilities provider's stock valued at $35,000 after purchasing an additional 449 shares during the period. Finally, Kimelman & Baird LLC acquired a new position in shares of Dominion Energy during the second quarter worth about $36,000. 73.04% of the stock is currently owned by institutional investors and hedge funds.

Dominion Energy Trading Up 1.1 %

NYSE D traded up $0.59 on Wednesday, hitting $54.62. 4,430,291 shares of the stock were exchanged, compared to its average volume of 3,818,838. The company's 50-day moving average price is $56.03 and its two-hundred day moving average price is $55.51. The company has a debt-to-equity ratio of 1.42, a current ratio of 0.74 and a quick ratio of 0.58. Dominion Energy, Inc. has a 52-week low of $43.53 and a 52-week high of $61.97. The company has a market capitalization of $45.88 billion, a price-to-earnings ratio of 19.16, a P/E/G ratio of 1.44 and a beta of 0.60.

Dominion Energy (NYSE:D - Get Free Report) last announced its quarterly earnings data on Friday, November 1st. The utilities provider reported $0.98 EPS for the quarter, topping analysts' consensus estimates of $0.93 by $0.05. The firm had revenue of $3.94 billion during the quarter, compared to analyst estimates of $4.18 billion. Dominion Energy had a return on equity of 8.35% and a net margin of 16.95%. The business's quarterly revenue was up 3.4% compared to the same quarter last year. During the same period last year, the company posted $0.77 EPS. Research analysts predict that Dominion Energy, Inc. will post 2.75 EPS for the current year.

Dominion Energy Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 20th. Shareholders of record on Friday, November 29th were given a $0.6675 dividend. This represents a $2.67 annualized dividend and a yield of 4.89%. The ex-dividend date was Friday, November 29th. Dominion Energy's payout ratio is currently 93.68%.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on D shares. Barclays boosted their price objective on shares of Dominion Energy from $54.00 to $58.00 and gave the stock an "overweight" rating in a report on Tuesday, October 15th. Scotiabank raised their price objective on Dominion Energy from $58.00 to $61.00 and gave the company a "sector perform" rating in a research note on Thursday, December 12th. The Goldman Sachs Group reaffirmed a "neutral" rating and issued a $61.00 target price on shares of Dominion Energy in a research report on Friday, November 8th. Morgan Stanley started coverage on shares of Dominion Energy in a research report on Monday, December 2nd. They set an "equal weight" rating and a $61.00 price target for the company. Finally, Jefferies Financial Group started coverage on shares of Dominion Energy in a report on Friday, September 20th. They issued a "hold" rating and a $58.00 price target on the stock. Eleven equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, Dominion Energy presently has an average rating of "Hold" and a consensus price target of $56.58.

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.