Jump Financial LLC Has $465,000 Position in Dominion Energy, Inc. (NYSE:D)

Jump Financial LLC lowered its holdings in shares of Dominion Energy, Inc. (NYSE:D - Free Report) by 75.2% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 8,639 shares of the utilities provider's stock after selling 26,168 shares during the period. Jump Financial LLC's holdings in Dominion Energy were worth $465,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in D. Barclays PLC lifted its holdings in 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. Czech National Bank lifted its holdings in shares of Dominion Energy by 6.6% during the fourth quarter. Czech National Bank now owns 182,131 shares of the utilities provider's stock worth $9,810,000 after buying an additional 11,231 shares in the last quarter. HB Wealth Management LLC boosted its position in shares of Dominion Energy by 15.6% in the fourth quarter. HB Wealth Management LLC now owns 35,993 shares of the utilities provider's stock valued at $1,939,000 after acquiring an additional 4,861 shares during the period. Pacer Advisors Inc. grew its stake in shares of Dominion Energy by 12.2% in the fourth quarter. Pacer Advisors Inc. now owns 70,213 shares of the utilities provider's stock valued at $3,782,000 after acquiring an additional 7,632 shares in the last quarter. Finally, Greenwood Capital Associates LLC bought a new position in Dominion Energy during the fourth quarter worth about $1,027,000. 73.04% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the stock. UBS Group boosted their price objective 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. Argus upgraded Dominion Energy to a "hold" rating in a research note on Tuesday, March 25th. JPMorgan Chase & Co. reaffirmed an "underweight" rating and issued a $52.00 price objective (down from $59.00) on shares of Dominion Energy in a report on Tuesday, April 8th. Finally, Morgan Stanley boosted their price target on Dominion Energy from $60.00 to $63.00 and gave the company an "equal weight" rating in a research note on Thursday, March 20th. One analyst has rated the stock with a sell rating, twelve have assigned a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat, Dominion Energy currently has a consensus rating of "Hold" and a consensus price target of $57.00.

Dominion Energy Price Performance

Shares of NYSE D traded up $0.78 during midday trading on Monday, reaching $53.73. 3,888,716 shares of the company were exchanged, compared to its average volume of 4,360,621. The stock's 50-day moving average price is $54.32 and its 200-day moving average price is $55.51. The stock has a market cap of $45.79 billion, a P/E ratio of 19.90, a PEG ratio of 1.22 and a beta of 0.57. The company has a quick ratio of 0.58, a current ratio of 0.74 and a debt-to-equity ratio of 1.42. 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 quarterly earnings data on Wednesday, February 12th. The utilities provider reported $0.58 earnings per share for the quarter, topping 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%. On average, sell-side analysts anticipate that Dominion Energy, Inc. will post 3.39 earnings per share for the current fiscal year.

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.