IHT Wealth Management LLC Decreases Holdings in Dominion Energy, Inc. (NYSE:D)

IHT Wealth Management LLC trimmed its holdings in shares of Dominion Energy, Inc. (NYSE:D - Free Report) by 14.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 52,985 shares of the utilities provider's stock after selling 8,776 shares during the period. IHT Wealth Management LLC's holdings in Dominion Energy were worth $2,854,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of D. Canal Capital Management LLC increased its position in shares of Dominion Energy by 520.2% in the fourth quarter. Canal Capital Management LLC now owns 75,676 shares of the utilities provider's stock valued at $4,076,000 after acquiring an additional 63,475 shares during the period. OneDigital Investment Advisors LLC increased its holdings in Dominion Energy by 9.0% during the 4th quarter. OneDigital Investment Advisors LLC now owns 23,460 shares of the utilities provider's stock valued at $1,264,000 after purchasing an additional 1,932 shares during the period. Van Lanschot Kempen Investment Management N.V. raised its position in Dominion Energy by 67.8% during the 4th quarter. Van Lanschot Kempen Investment Management N.V. now owns 144,017 shares of the utilities provider's stock valued at $7,757,000 after purchasing an additional 58,181 shares during the last quarter. Vectors Research Management LLC lifted its holdings in Dominion Energy by 21.1% in the 4th quarter. Vectors Research Management LLC now owns 37,369 shares of the utilities provider's stock worth $2,013,000 after buying an additional 6,516 shares during the period. Finally, Tower Research Capital LLC TRC grew its position in shares of Dominion Energy by 9.6% in the 4th quarter. Tower Research Capital LLC TRC now owns 49,294 shares of the utilities provider's stock worth $2,655,000 after buying an additional 4,316 shares during the last quarter. 73.04% of the stock is owned by institutional investors.

Dominion Energy Stock Down 0.8 %

NYSE:D traded down $0.41 on Friday, reaching $52.94. 5,352,231 shares of the stock traded hands, compared to its average volume of 4,358,974. The company has a current ratio of 0.74, a quick ratio of 0.58 and a debt-to-equity ratio of 1.42. The company has a market capitalization of $45.12 billion, a price-to-earnings ratio of 19.61, a PEG ratio of 1.22 and a beta of 0.57. Dominion Energy, Inc. has a 12 month low of $47.99 and a 12 month high of $61.97. The company's fifty day simple moving average is $54.37 and its 200 day simple moving average is $55.54.

Dominion Energy (NYSE:D - Get Free Report) last announced its quarterly earnings results 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%. Equities analysts predict that Dominion Energy, Inc. will post 3.39 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages recently commented on D. UBS Group raised their price target on Dominion Energy from $58.00 to $60.00 and gave the stock a "neutral" rating in a research note on Friday, March 21st. Morgan Stanley raised their price objective 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. JPMorgan Chase & Co. reiterated an "underweight" rating and set a $52.00 target price (down previously from $59.00) on shares of Dominion Energy in a report on Tuesday, April 8th. Finally, Argus upgraded Dominion Energy to a "hold" rating in a research note on Tuesday, March 25th. One equities research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and one has issued a buy rating to the company's stock. According to MarketBeat.com, Dominion Energy currently has an average rating of "Hold" and a consensus price target of $57.00.

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.