Heritage Trust Co acquired a new position in Dominion Energy, Inc. (NYSE:D - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 10,204 shares of the utilities provider's stock, valued at approximately $550,000.
Several other large investors have also recently made changes to their positions in D. Simon Quick Advisors LLC raised its stake in Dominion Energy by 4.5% during the fourth quarter. Simon Quick Advisors LLC now owns 4,250 shares of the utilities provider's stock worth $229,000 after purchasing an additional 184 shares during the period. Choate Investment Advisors raised its holdings in shares of Dominion Energy by 5.4% during the 4th quarter. Choate Investment Advisors now owns 3,880 shares of the utilities provider's stock valued at $209,000 after buying an additional 198 shares during the period. Passumpsic Savings Bank boosted its stake in shares of Dominion Energy by 2.7% in the third quarter. Passumpsic Savings Bank now owns 7,639 shares of the utilities provider's stock valued at $441,000 after purchasing an additional 199 shares during the period. Covestor Ltd grew its stake in shares of Dominion Energy by 16.9% during the fourth quarter. Covestor Ltd now owns 1,504 shares of the utilities provider's stock valued at $81,000 after acquiring an additional 217 shares in the last quarter. Finally, Meridian Financial Partners LLC increased its holdings in Dominion Energy by 1.6% during the 4th quarter. Meridian Financial Partners LLC now owns 13,970 shares of the utilities provider's stock worth $752,000 after purchasing an additional 219 shares during the last quarter. 73.04% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of equities analysts recently commented on the company. JPMorgan Chase & Co. reiterated an "underweight" rating and issued a $52.00 price target (down from $59.00) on shares of Dominion Energy in a research note on Tuesday, April 8th. UBS Group boosted their price target on Dominion Energy from $58.00 to $60.00 and gave the company a "neutral" rating in a report on Friday, March 21st. Morgan Stanley raised their price objective on Dominion Energy from $60.00 to $63.00 and gave the stock an "equal weight" rating in a research note on Thursday, March 20th. Finally, Argus upgraded shares of Dominion Energy to a "hold" rating in a research note on Tuesday, March 25th. One analyst has rated the stock with a sell rating, twelve have issued a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average target price of $57.00.
Get Our Latest Stock Report on D
Dominion Energy Price Performance
Shares of NYSE:D traded down $0.62 during trading on Wednesday, reaching $53.05. The stock had a trading volume of 6,080,887 shares, compared to its average volume of 5,109,303. The stock has a market capitalization of $45.21 billion, a PE ratio of 19.65, a P/E/G ratio of 1.22 and a beta of 0.57. 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 $47.15 and a 52 week high of $61.97. The business's 50-day moving average price is $54.73 and its 200 day moving average price is $55.77.
Dominion Energy (NYSE:D - Get Free Report) last posted its quarterly earnings data on Wednesday, February 12th. The utilities provider reported $0.58 earnings per share for the quarter, beating the consensus estimate of $0.54 by $0.04. Dominion Energy had a net margin of 16.22% and a return on equity of 8.99%. As a group, equities analysts predict that Dominion Energy, Inc. will post 3.39 earnings per share for the current year.
Dominion Energy Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Friday, February 28th were given 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 is 98.89%.
Dominion Energy Profile
(
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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