StoneX Group Inc. Makes New $905,000 Investment in Dominion Energy, Inc. (NYSE:D)

StoneX Group Inc. bought a new position in shares of Dominion Energy, Inc. (NYSE:D - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 16,806 shares of the utilities provider's stock, valued at approximately $905,000.

A number of other large investors also recently made changes to their positions in the stock. Cape Investment Advisory Inc. lifted its holdings in shares of Dominion Energy by 175.4% in the fourth quarter. Cape Investment Advisory Inc. now owns 471 shares of the utilities provider's stock valued at $25,000 after purchasing an additional 300 shares in the last quarter. BankPlus Trust Department acquired a new position in Dominion Energy during the fourth quarter worth approximately $26,000. Roble Belko & Company Inc bought a new stake in Dominion Energy in the fourth quarter valued at approximately $27,000. Fairway Wealth LLC acquired a new stake in shares of Dominion Energy in the fourth quarter valued at approximately $27,000. Finally, CBIZ Investment Advisory Services LLC increased its holdings in shares of 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 and hedge funds own 73.04% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have commented on D shares. Scotiabank lifted their price objective 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. Morgan Stanley lifted their price objective on shares of Dominion Energy from $60.00 to $63.00 and gave the stock an "equal weight" rating in a research note on Thursday, March 20th. JPMorgan Chase & Co. raised their target price on shares of Dominion Energy from $58.00 to $59.00 and gave the stock a "neutral" rating in a report on Tuesday, March 11th. UBS Group boosted their price target on Dominion Energy from $58.00 to $60.00 and gave the company a "neutral" rating in a research note on Friday, March 21st. Finally, Argus raised Dominion Energy to a "hold" rating in a report on Tuesday, March 25th. Thirteen equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to MarketBeat, Dominion Energy currently has an average rating of "Hold" and an average price target of $57.58.

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Dominion Energy Trading Down 4.2 %

Shares of NYSE:D traded down $2.22 during midday trading on Monday, reaching $50.51. The company's stock had a trading volume of 3,329,777 shares, compared to its average volume of 4,898,839. Dominion Energy, Inc. has a fifty-two week low of $46.62 and a fifty-two week 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 has a 50 day moving average price of $55.31 and a two-hundred day moving average price of $56.09. The firm has a market capitalization of $43.05 billion, a price-to-earnings ratio of 18.67, a PEG ratio of 1.22 and a beta of 0.57.

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 for the quarter, beating 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, analysts forecast that Dominion Energy, Inc. will post 3.39 earnings per share for the current year.

Dominion Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th. Shareholders of record on Friday, February 28th were issued a dividend of $0.6675 per share. This represents a $2.67 dividend on an annualized basis and a yield of 5.29%. The ex-dividend date of this dividend was Friday, February 28th. 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.