Virtu Financial LLC Invests $752,000 in Dominion Energy, Inc. (NYSE:D)

Virtu Financial LLC bought a new position in Dominion Energy, Inc. (NYSE:D - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 13,965 shares of the utilities provider's stock, valued at approximately $752,000.

A number of other institutional investors have also recently bought and sold shares of D. Simon Quick Advisors LLC boosted its stake in Dominion Energy by 4.5% in the 4th quarter. Simon Quick Advisors LLC now owns 4,250 shares of the utilities provider's stock valued at $229,000 after buying an additional 184 shares in the last quarter. Cobblestone Capital Advisors LLC NY lifted its holdings in shares of Dominion Energy by 2.6% during the third quarter. Cobblestone Capital Advisors LLC NY now owns 7,786 shares of the utilities provider's stock valued at $450,000 after acquiring an additional 195 shares during the period. Choate Investment Advisors grew its holdings in shares of Dominion Energy by 5.4% in the 4th quarter. Choate Investment Advisors now owns 3,880 shares of the utilities provider's stock worth $209,000 after purchasing an additional 198 shares during the last quarter. Passumpsic Savings Bank increased its position in shares of Dominion Energy by 2.7% during the 3rd quarter. Passumpsic Savings Bank now owns 7,639 shares of the utilities provider's stock worth $441,000 after purchasing an additional 199 shares in the last quarter. Finally, Meridian Financial Partners LLC lifted its holdings in Dominion Energy by 1.6% during the 4th quarter. Meridian Financial Partners LLC now owns 13,970 shares of the utilities provider's stock valued at $752,000 after purchasing an additional 219 shares during the last quarter. Institutional investors and hedge funds own 73.04% of the company's stock.

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Wall Street Analyst Weigh In

Several analysts have weighed in on the stock. JPMorgan Chase & Co. raised their price objective 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. Scotiabank raised their price target on Dominion Energy from $58.00 to $61.00 and gave the company a "sector perform" rating in a report on Thursday, December 12th. Morgan Stanley lifted their price objective 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. UBS Group increased their target price on Dominion Energy from $58.00 to $60.00 and gave the stock a "neutral" rating in a report on Friday, March 21st. Finally, Argus upgraded shares of Dominion Energy to a "hold" rating in a research report on Tuesday. Thirteen investment 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 has a consensus rating of "Hold" and an average target price of $57.58.

Dominion Energy Trading Up 0.9 %

Shares of NYSE D traded up $0.51 during mid-day trading on Friday, hitting $54.98. The company's stock had a trading volume of 3,830,061 shares, compared to its average volume of 4,209,213. Dominion Energy, Inc. has a one year low of $46.62 and a one year high of $61.97. The company's fifty day simple moving average is $55.18 and its 200-day simple moving average is $56.21. The company has a debt-to-equity ratio of 1.42, a current ratio of 0.74 and a quick ratio of 0.58. The stock has a market cap of $46.85 billion, a price-to-earnings ratio of 20.36, a price-to-earnings-growth ratio of 1.22 and a beta of 0.59.

Dominion Energy (NYSE:D - Get Free Report) last announced its quarterly earnings data on Wednesday, February 12th. The utilities provider reported $0.58 earnings per share (EPS) 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%. On average, sell-side analysts anticipate that Dominion Energy, Inc. will post 3.39 earnings per share for the current fiscal year.

Dominion Energy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Friday, February 28th were paid a $0.6675 dividend. The ex-dividend date of this dividend was Friday, February 28th. This represents a $2.67 dividend on an annualized basis and a dividend yield of 4.86%. Dominion Energy's dividend payout ratio (DPR) is presently 98.89%.

About Dominion Energy

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.