16,616 Shares in Dominion Energy, Inc. (NYSE:D) Acquired by GSA Capital Partners LLP

GSA Capital Partners LLP purchased a new stake in Dominion Energy, Inc. (NYSE:D - Free Report) in the 3rd quarter, according to its most recent filing with the SEC. The fund purchased 16,616 shares of the utilities provider's stock, valued at approximately $960,000.

Other large investors also recently made changes to their positions in the company. Caprock Group LLC raised its stake in Dominion Energy by 133.0% during the second quarter. Caprock Group LLC now owns 9,679 shares of the utilities provider's stock worth $474,000 after purchasing an additional 5,525 shares during the period. Ascent Wealth Partners LLC acquired a new position in Dominion Energy in the third quarter valued at $1,223,000. Pathway Financial Advisers LLC boosted its holdings in Dominion Energy by 351.8% in the third quarter. Pathway Financial Advisers LLC now owns 48,176 shares of the utilities provider's stock valued at $2,784,000 after acquiring an additional 37,514 shares during the last quarter. Intech Investment Management LLC purchased a new stake in Dominion Energy during the first quarter valued at about $708,000. Finally, QRG Capital Management Inc. purchased a new position in shares of Dominion Energy in the 1st quarter worth about $272,000. Hedge funds and other institutional investors own 73.04% of the company's stock.

Dominion Energy Price Performance

D traded up $1.44 during trading on Friday, reaching $57.63. The stock had a trading volume of 5,808,408 shares, compared to its average volume of 4,670,383. The stock has a 50 day moving average of $58.03 and a two-hundred day moving average of $54.57. The company has a quick ratio of 0.58, a current ratio of 0.74 and a debt-to-equity ratio of 1.42. The firm has a market capitalization of $48.41 billion, a price-to-earnings ratio of 20.22, a price-to-earnings-growth ratio of 1.50 and a beta of 0.59. Dominion Energy, Inc. has a 1-year low of $43.53 and a 1-year high of $61.97.

Dominion Energy (NYSE:D - Get Free Report) last issued its earnings results on Friday, November 1st. The utilities provider reported $0.98 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.93 by $0.05. Dominion Energy had a return on equity of 8.35% and a net margin of 16.95%. The business had revenue of $3.94 billion for the quarter, compared to analysts' expectations of $4.18 billion. During the same period in the previous year, the firm posted $0.77 EPS. The company's quarterly revenue was up 3.4% on a year-over-year basis. As a group, equities analysts anticipate that Dominion Energy, Inc. will post 2.76 EPS for the current fiscal year.

Dominion Energy Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, December 20th. Shareholders 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 4.63%. Dominion Energy's payout ratio is 93.68%.

Analyst Ratings Changes

D has been the topic of several recent research reports. The Goldman Sachs Group restated a "neutral" rating and set a $61.00 target price on shares of Dominion Energy in a report on Friday, November 8th. BMO Capital Markets upped their target price on Dominion Energy from $53.00 to $57.00 and gave the stock a "market perform" rating in a research report on Monday, August 5th. Scotiabank raised their target price on Dominion Energy from $48.00 to $58.00 and gave the company a "sector perform" rating in a report on Tuesday, August 20th. JPMorgan Chase & Co. upped their price target on Dominion Energy from $54.00 to $57.00 and gave the stock a "neutral" rating in a report on Monday, August 12th. Finally, Barclays boosted their target price on shares of Dominion Energy from $54.00 to $58.00 and gave the stock an "overweight" rating in a research report on Tuesday, October 15th. Ten investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $55.91.

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.