one8zero8 LLC Acquires New Shares in Dominion Energy, Inc. (NYSE:D)

one8zero8 LLC bought a new stake in Dominion Energy, Inc. (NYSE:D - Free Report) in the 4th quarter, according to its most recent 13F filing with the SEC. The firm bought 13,760 shares of the utilities provider's stock, valued at approximately $741,000.

Other large investors also recently made changes to their positions in the company. Cape Investment Advisory Inc. lifted its position in Dominion Energy by 175.4% in the 4th quarter. Cape Investment Advisory Inc. now owns 471 shares of the utilities provider's stock valued at $25,000 after acquiring an additional 300 shares in the last quarter. BankPlus Trust Department bought a new position in Dominion Energy in the 4th quarter valued at about $26,000. Roble Belko & Company Inc bought a new position in Dominion Energy in the 4th quarter valued at about $27,000. Fairway Wealth LLC bought a new position in Dominion Energy in the 4th quarter valued at about $27,000. Finally, Frazier Financial Advisors LLC bought a new position in Dominion Energy in the 3rd quarter valued at about $32,000. 73.04% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

D has been the topic of several recent analyst reports. 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. JPMorgan Chase & Co. lifted their target price on shares of Dominion Energy from $58.00 to $59.00 and gave the stock a "neutral" rating in a research report on Tuesday, March 11th. Finally, Morgan Stanley lifted their target price on shares of Dominion Energy from $60.00 to $63.00 and gave the stock an "equal weight" rating in a research report on Thursday. Eleven research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company's stock. According to MarketBeat.com, Dominion Energy currently has an average rating of "Hold" and an average price target of $57.36.

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Dominion Energy Stock Performance

Shares of NYSE:D traded up $0.00 during mid-day trading on Thursday, reaching $54.91. The company had a trading volume of 3,984,571 shares, compared to its average volume of 4,048,167. 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 $46.79 billion, a price-to-earnings ratio of 20.34, a PEG ratio of 1.22 and a beta of 0.58. The company's 50-day moving average price is $55.16 and its 200-day moving average price is $56.32. Dominion Energy, Inc. has a one year low of $46.56 and a one year high of $61.97.

Dominion Energy (NYSE:D - Get Free Report) last posted its quarterly earnings results on Wednesday, February 12th. The utilities provider reported $0.58 EPS for the quarter, topping analysts' consensus estimates 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 research analysts anticipate that Dominion Energy, Inc. will post 3.39 EPS for the current fiscal year.

Dominion Energy Announces Dividend

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

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.