Dominion Energy, Inc. (NYSE:D) Shares Purchased by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. lifted its holdings in Dominion Energy, Inc. (NYSE:D - Free Report) by 325.1% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 51,323 shares of the utilities provider's stock after purchasing an additional 39,250 shares during the period. Robeco Institutional Asset Management B.V.'s holdings in Dominion Energy were worth $2,764,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in D. State Street Corp grew its position in shares of Dominion Energy by 3.2% during the third quarter. State Street Corp now owns 44,297,832 shares of the utilities provider's stock worth $2,559,972,000 after buying an additional 1,365,555 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in Dominion Energy by 4.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 28,620,242 shares of the utilities provider's stock worth $1,653,964,000 after acquiring an additional 1,222,688 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Dominion Energy by 2.1% in the 3rd quarter. Geode Capital Management LLC now owns 17,875,221 shares of the utilities provider's stock valued at $1,032,941,000 after purchasing an additional 367,193 shares during the last quarter. Franklin Resources Inc. raised its holdings in shares of Dominion Energy by 4.8% in the 3rd quarter. Franklin Resources Inc. now owns 8,718,747 shares of the utilities provider's stock valued at $496,358,000 after purchasing an additional 398,012 shares in the last quarter. Finally, Hotchkis & Wiley Capital Management LLC lifted its position in shares of Dominion Energy by 63.5% during the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 8,436,875 shares of the utilities provider's stock worth $487,567,000 after purchasing an additional 3,278,175 shares during the last quarter. 73.04% of the stock is owned by hedge funds and other institutional investors.

Dominion Energy Price Performance

Shares of NYSE:D traded up $0.12 during midday trading on Wednesday, hitting $54.08. 6,157,315 shares of the stock were exchanged, compared to its average volume of 4,717,514. The stock has a market cap of $45.43 billion, a P/E ratio of 18.97, a PEG ratio of 1.21 and a beta of 0.61. Dominion Energy, Inc. has a twelve month low of $43.53 and a twelve month high of $61.97. The company has a 50 day moving average price of $54.81 and a 200-day moving average price of $56.17. 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 Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Friday, February 28th will be issued 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 dividend yield of 4.94%. Dominion Energy's dividend payout ratio (DPR) is 93.68%.

Analysts Set New Price Targets

A number of analysts have weighed in on the stock. Barclays raised their price objective on shares of Dominion Energy from $54.00 to $58.00 and gave the stock an "overweight" rating in a report on Tuesday, October 15th. Scotiabank lifted their price target on shares of Dominion Energy from $58.00 to $61.00 and gave the stock a "sector perform" rating in a research note on Thursday, December 12th. The Goldman Sachs Group restated a "neutral" rating and issued a $61.00 price objective on shares of Dominion Energy in a research note on Friday, November 8th. Finally, Morgan Stanley began coverage on Dominion Energy in a research report on Monday, December 2nd. They set an "equal weight" rating and a $61.00 target price on the stock. Eleven analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $56.58.

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.