Dominion Energy, Inc. (NYSE:D) Shares Bought by Natixis Advisors LLC

Natixis Advisors LLC boosted its holdings in shares of Dominion Energy, Inc. (NYSE:D - Free Report) by 14.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,157,389 shares of the utilities provider's stock after acquiring an additional 148,102 shares during the quarter. Natixis Advisors LLC owned about 0.14% of Dominion Energy worth $62,337,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in D. Cape Investment Advisory Inc. boosted its position in shares of Dominion Energy by 175.4% during the 4th quarter. Cape Investment Advisory Inc. now owns 471 shares of the utilities provider's stock worth $25,000 after purchasing an additional 300 shares during the period. BankPlus Trust Department purchased a new position in shares of Dominion Energy during the fourth quarter worth $26,000. Roble Belko & Company Inc purchased a new position in shares of Dominion Energy during the fourth quarter worth $27,000. Fairway Wealth LLC acquired a new stake in shares of Dominion Energy in the fourth quarter valued at $27,000. Finally, Frazier Financial Advisors LLC purchased a new stake in shares of Dominion Energy in the 3rd quarter valued at $32,000. Hedge funds and other institutional investors own 73.04% of the company's stock.

Dominion Energy Stock Up 0.0 %

Shares of D stock traded up $0.00 on Thursday, reaching $54.91. 3,984,568 shares of the stock were exchanged, compared to its average volume of 4,048,167. The company has a market capitalization of $46.79 billion, a price-to-earnings ratio of 20.34, a PEG ratio of 1.22 and a beta of 0.58. The business's 50 day moving average price is $55.16 and its 200 day moving average price is $56.32. The company has a current ratio of 0.74, a quick ratio of 0.58 and a debt-to-equity ratio of 1.42. Dominion Energy, Inc. has a twelve month low of $46.56 and a twelve month high of $61.97.

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Dominion Energy (NYSE:D - Get Free Report) last released its quarterly earnings data on Wednesday, February 12th. The utilities provider reported $0.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.54 by $0.04. Dominion Energy had a return on equity of 8.99% and a net margin of 16.22%. As a group, sell-side analysts expect that Dominion Energy, Inc. will post 3.39 earnings per share for the current fiscal year.

Dominion Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Friday, February 28th will be given a dividend of $0.6675 per share. The ex-dividend date is Friday, February 28th. This represents a $2.67 annualized dividend and a dividend yield of 4.86%. Dominion Energy's dividend payout ratio is presently 98.89%.

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. JPMorgan Chase & Co. lifted their target price on Dominion Energy from $58.00 to $59.00 and gave the company a "neutral" rating in a research report on Tuesday, March 11th. Scotiabank lifted their price objective on shares of Dominion Energy from $58.00 to $61.00 and gave the company a "sector perform" rating in a report on Thursday, December 12th. Finally, Morgan Stanley increased their target price on shares of Dominion Energy from $60.00 to $63.00 and gave the stock an "equal weight" rating in a report on Thursday. Eleven research analysts have rated the stock with a hold rating and one has issued a buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $57.36.

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.