Stamos Capital Partners L.P. Purchases 6,350 Shares of Dominion Energy, Inc. (NYSE:D)

Stamos Capital Partners L.P. boosted its position in Dominion Energy, Inc. (NYSE:D - Free Report) by 17.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 42,070 shares of the utilities provider's stock after acquiring an additional 6,350 shares during the period. Stamos Capital Partners L.P.'s holdings in Dominion Energy were worth $2,266,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Cape Investment Advisory Inc. increased its holdings in 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 in the last quarter. BankPlus Trust Department purchased a new position in shares of Dominion Energy during the fourth quarter valued at approximately $26,000. Roble Belko & Company Inc purchased a new stake in Dominion Energy in the 4th quarter valued at $27,000. Fairway Wealth LLC bought a new position in Dominion Energy during the 4th quarter valued at $27,000. Finally, CBIZ Investment Advisory Services LLC boosted its holdings in Dominion Energy by 100.4% during the 4th quarter. CBIZ Investment Advisory Services LLC now owns 519 shares of the utilities provider's stock worth $28,000 after acquiring an additional 260 shares during the last quarter. Institutional investors own 73.04% of the company's stock.

Dominion Energy Stock Performance

Dominion Energy stock traded up $0.01 during mid-day trading on Friday, reaching $53.07. The company's stock had a trading volume of 8,734,005 shares, compared to its average volume of 4,345,187. The company has a market capitalization of $45.22 billion, a P/E ratio of 19.65, a PEG ratio of 1.22 and a beta of 0.57. Dominion Energy, Inc. has a 12-month low of $47.99 and a 12-month high of $61.97. The company has a debt-to-equity ratio of 1.42, a quick ratio of 0.58 and a current ratio of 0.74. The firm's fifty day moving average price is $54.65 and its two-hundred day moving average price is $55.71.

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

Dominion Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Friday, February 28th were given a dividend of $0.6675 per share. The ex-dividend date was Friday, February 28th. This represents a $2.67 annualized dividend and a dividend yield of 5.03%. Dominion Energy's dividend payout ratio (DPR) is presently 98.89%.

Analyst Ratings Changes

D has been the subject of several analyst reports. Argus upgraded shares of Dominion Energy to a "hold" rating in a report on Tuesday, March 25th. JPMorgan Chase & Co. restated an "underweight" rating and issued a $52.00 target price (down previously from $59.00) on shares of Dominion Energy in a research note on Tuesday, April 8th. UBS Group lifted their price target on Dominion Energy from $58.00 to $60.00 and gave the stock a "neutral" rating in a report on Friday, March 21st. Finally, Morgan Stanley raised their target price on Dominion Energy from $60.00 to $63.00 and gave the company an "equal weight" rating in a research report on Thursday, March 20th. One equities research analyst has rated the stock with a sell rating, twelve have issued a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $57.00.

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.