Representative Josh Gottheimer (D-New Jersey) recently bought shares of Dominion Energy, Inc. NYSE: D. In a filing disclosed on December 05th, the Representative disclosed that they had bought between $1,001 and $15,000 in Dominion Energy stock on November 26th. The trade occurred in the Representative's "MORGAN STANLEY - SELECT UMA ACCOUNT # 1" account.
Representative Josh Gottheimer also recently made the following trade(s):
- Sold $1,001 - $15,000 in shares of Regeneron Pharmaceuticals NASDAQ: REGN on 11/29/2024.
- Purchased $1,001 - $15,000 in shares of Tesla NASDAQ: TSLA on 11/27/2024.
- Sold $1,001 - $15,000 in shares of Netflix NASDAQ: NFLX on 11/27/2024.
- Sold $1,001 - $15,000 in shares of Vertiv NYSE: VRT on 11/27/2024.
- Purchased $1,001 - $15,000 in shares of Tesla NASDAQ: TSLA on 11/26/2024.
- Purchased $1,001 - $15,000 in shares of Johnson & Johnson NYSE: JNJ on 11/26/2024.
- Sold $1,001 - $15,000 in shares of Eaton NYSE: ETN on 11/25/2024.
- Sold $1,001 - $15,000 in shares of ConocoPhillips NYSE: COP on 11/22/2024.
- Purchased $1,001 - $15,000 in shares of Johnson & Johnson NYSE: JNJ on 11/22/2024.
- Purchased $1,001 - $15,000 in shares of Natera NASDAQ: NTRA on 11/20/2024.
Dominion Energy Price Performance
NYSE D traded down $0.86 on Friday, reaching $56.05. The company's stock had a trading volume of 3,453,418 shares, compared to its average volume of 4,672,521. Dominion Energy, Inc. has a twelve month low of $43.53 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 cap of $47.08 billion, a PE ratio of 19.67, a PEG ratio of 1.50 and a beta of 0.59. The firm's 50 day moving average is $58.13 and its two-hundred day moving average is $55.16.
Dominion Energy (NYSE:D - Get Free Report) last issued its quarterly earnings results on Friday, November 1st. The utilities provider reported $0.98 earnings per share for the quarter, beating analysts' consensus estimates of $0.93 by $0.05. Dominion Energy had a net margin of 16.95% and a return on equity of 8.35%. The company had revenue of $3.94 billion during the quarter, compared to the consensus estimate of $4.18 billion. During the same period in the prior year, the company earned $0.77 EPS. Dominion Energy's revenue was up 3.4% on a year-over-year basis. As a group, sell-side analysts predict that Dominion Energy, Inc. will post 2.75 EPS for the current year.
Dominion Energy Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Friday, December 20th. Investors of record on Friday, November 29th will be given a $0.6675 dividend. The ex-dividend date is Friday, November 29th. This represents a $2.67 dividend on an annualized basis and a yield of 4.76%. Dominion Energy's dividend payout ratio is presently 93.68%.
Hedge Funds Weigh In On Dominion Energy
A number of large investors have recently made changes to their positions in D. Mather Group LLC. increased its holdings in Dominion Energy by 11.2% in the second quarter. Mather Group LLC. now owns 4,399 shares of the utilities provider's stock worth $216,000 after buying an additional 443 shares during the last quarter. Csenge Advisory Group increased its holdings in Dominion Energy by 4.8% in the second quarter. Csenge Advisory Group now owns 13,201 shares of the utilities provider's stock worth $647,000 after buying an additional 599 shares during the last quarter. CX Institutional increased its holdings in Dominion Energy by 6.0% in the second quarter. CX Institutional now owns 4,550 shares of the utilities provider's stock worth $223,000 after buying an additional 257 shares during the last quarter. OLD National Bancorp IN increased its holdings in Dominion Energy by 19.1% in the second quarter. OLD National Bancorp IN now owns 131,863 shares of the utilities provider's stock worth $6,461,000 after buying an additional 21,181 shares during the last quarter. Finally, A. D. Beadell Investment Counsel Inc. acquired a new position in Dominion Energy in the second quarter worth approximately $245,000. Institutional investors and hedge funds own 73.04% of the company's stock.
Wall Street Analyst Weigh In
D has been the subject of a number of research analyst reports. JPMorgan Chase & Co. upped their price target on shares of Dominion Energy from $54.00 to $57.00 and gave the company a "neutral" rating in a report on Monday, August 12th. Scotiabank upped their price objective on shares of Dominion Energy from $48.00 to $58.00 and gave the company a "sector perform" rating in a research note on Tuesday, August 20th. Morgan Stanley assumed coverage on shares of Dominion Energy in a research note on Monday, December 2nd. They set an "equal weight" rating and a $61.00 price objective for the company. Jefferies Financial Group assumed coverage on shares of Dominion Energy in a research note on Friday, September 20th. They set a "hold" rating and a $58.00 price objective for the company. Finally, The Goldman Sachs Group reaffirmed a "neutral" rating and set a $61.00 price objective on shares of Dominion Energy in a research note on Friday, November 8th. Eleven investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company's stock. Based on data from MarketBeat, Dominion Energy presently has a consensus rating of "Hold" and an average price target of $56.33.
Check Out Our Latest Analysis on D
About Representative Gottheimer
Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey's 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2025. Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey's 5th Congressional District. He declared candidacy for the 2024 election. Gottheimer was first elected to the House in 2016. Prior to his election, Gottheimer worked for Microsoft, the Federal Communications Commission, and for the administration of President Bill Clinton (D). Click here for more information about Gottheimer's career. Gottheimer serves on the House Financial Services Committee, where is a member of three subcommittees. For more on Gottheimer's committee assignments, click here. Gottheimer became a co-chair of the Problem Solvers Caucus in February 2017. Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.
About Dominion Energy
(
Get 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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