Goodman Advisory Group LLC Purchases Shares of 39,141 Dominion Energy, Inc. (NYSE:D)

Goodman Advisory Group LLC acquired a new stake in shares of Dominion Energy, Inc. (NYSE:D - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 39,141 shares of the utilities provider's stock, valued at approximately $2,108,000.

A number of other large investors have also made changes to their positions in D. Howard Capital Management Group LLC acquired a new position in shares of Dominion Energy during the 3rd quarter worth about $210,000. Barclays PLC increased its position in shares of Dominion Energy by 19.8% during the 3rd quarter. Barclays PLC now owns 2,452,701 shares of the utilities provider's stock worth $141,739,000 after purchasing an additional 404,868 shares during the last quarter. M&T Bank Corp raised its stake in shares of Dominion Energy by 1.5% during the 3rd quarter. M&T Bank Corp now owns 152,056 shares of the utilities provider's stock worth $8,787,000 after purchasing an additional 2,268 shares in the last quarter. Passumpsic Savings Bank raised its position in Dominion Energy by 2.7% during the third quarter. Passumpsic Savings Bank now owns 7,639 shares of the utilities provider's stock worth $441,000 after acquiring an additional 199 shares in the last quarter. Finally, Morse Asset Management Inc bought a new position in shares of Dominion Energy in the 3rd quarter valued at about $734,000. Institutional investors own 73.04% of the company's stock.

Dominion Energy Price Performance

Shares of Dominion Energy stock traded down $0.04 on Wednesday, reaching $53.36. 1,993,079 shares of the stock were exchanged, compared to its average volume of 4,341,997. 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 has a market cap of $45.47 billion, a PE ratio of 19.76, a P/E/G ratio of 1.22 and a beta of 0.57. The firm's 50 day moving average is $54.46 and its 200-day moving average is $55.59. Dominion Energy, Inc. has a one year low of $47.99 and a one year high of $61.97.

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 for the quarter, beating 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%. As a group, analysts anticipate that Dominion Energy, Inc. will post 3.39 EPS for the current fiscal year.

Dominion Energy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Friday, February 28th were issued a dividend of $0.6675 per share. This represents a $2.67 annualized dividend and a dividend yield of 5.00%. The ex-dividend date was Friday, February 28th. Dominion Energy's dividend payout ratio (DPR) is presently 98.89%.

Analyst Ratings Changes

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