Mizuho Securities USA LLC Has $4.29 Million Stake in Dominion Energy, Inc. (NYSE:D)

Mizuho Securities USA LLC boosted its position in shares of Dominion Energy, Inc. (NYSE:D - Free Report) by 46.3% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 79,614 shares of the utilities provider's stock after buying an additional 25,213 shares during the period. Mizuho Securities USA LLC's holdings in Dominion Energy were worth $4,288,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of D. Virtu Financial LLC bought a new stake in shares of Dominion Energy during the 4th quarter worth $752,000. Sciencast Management LP acquired a new position in Dominion Energy during the fourth quarter worth about $664,000. Millstone Evans Group LLC bought a new position in shares of Dominion Energy in the fourth quarter worth about $62,000. 1620 Investment Advisors Inc. boosted its stake in shares of Dominion Energy by 3.2% in the 4th quarter. 1620 Investment Advisors Inc. now owns 8,675 shares of the utilities provider's stock valued at $467,000 after purchasing an additional 273 shares in the last quarter. Finally, Whittier Trust Co. of Nevada Inc. grew its holdings in shares of Dominion Energy by 3.9% during the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 9,695 shares of the utilities provider's stock valued at $522,000 after purchasing an additional 361 shares during the last quarter. 73.04% of the stock is owned by institutional investors.

Dominion Energy Trading Up 1.1 %

D stock traded up $0.59 during midday trading on Thursday, hitting $54.45. The stock had a trading volume of 5,189,856 shares, compared to its average volume of 4,041,749. 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 firm has a market cap of $46.39 billion, a P/E ratio of 20.17, a price-to-earnings-growth ratio of 1.22 and a beta of 0.59. The business has a fifty day moving average price of $55.19 and a two-hundred day moving average price of $56.22. Dominion Energy, Inc. has a 1-year low of $46.62 and a 1-year high of $61.97.

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Dominion Energy (NYSE:D - Get Free Report) last announced its quarterly earnings data on Wednesday, February 12th. The utilities provider reported $0.58 earnings per share (EPS) 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%. On average, sell-side analysts predict that Dominion Energy, Inc. will post 3.39 earnings per share for the current fiscal year.

Dominion Energy Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Friday, February 28th were given a dividend of $0.6675 per share. The ex-dividend date of this dividend was Friday, February 28th. This represents a $2.67 dividend on an annualized basis and a dividend yield of 4.90%. Dominion Energy's payout ratio is presently 98.89%.

Analyst Ratings Changes

A number of analysts have weighed in on the stock. UBS Group boosted their target price on shares of 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 upped their target price on Dominion Energy from $60.00 to $63.00 and gave the stock an "equal weight" rating in a report on Thursday, March 20th. Argus upgraded Dominion Energy to a "hold" rating in a report on Tuesday. JPMorgan Chase & Co. raised their price objective on shares of Dominion Energy from $58.00 to $59.00 and gave the company a "neutral" rating in a report on Tuesday, March 11th. Finally, Scotiabank lifted their target price on shares of Dominion Energy from $58.00 to $61.00 and gave the stock a "sector perform" rating in a research report on Thursday, December 12th. Thirteen research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $57.58.

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.