Wealthcare Advisory Partners LLC Has $835,000 Stock Holdings in Dominion Energy, Inc. (NYSE:D)

Wealthcare Advisory Partners LLC lifted its stake in shares of Dominion Energy, Inc. (NYSE:D - Free Report) by 83.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,507 shares of the utilities provider's stock after acquiring an additional 7,072 shares during the period. Wealthcare Advisory Partners LLC's holdings in Dominion Energy were worth $835,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Roble Belko & Company Inc bought a new position in shares of Dominion Energy during the 4th quarter worth approximately $27,000. Sanctuary Wealth Management L.L.C. acquired a new position in Dominion Energy during the third quarter worth $28,000. Frazier Financial Advisors LLC bought a new position in Dominion Energy in the third quarter valued at $32,000. Dunhill Financial LLC increased its stake in Dominion Energy by 601.2% in the 3rd quarter. Dunhill Financial LLC now owns 568 shares of the utilities provider's stock valued at $33,000 after buying an additional 487 shares during the last quarter. Finally, Larson Financial Group LLC lifted its position in Dominion Energy by 282.4% during the 3rd quarter. Larson Financial Group LLC now owns 608 shares of the utilities provider's stock worth $35,000 after buying an additional 449 shares in the last quarter. 73.04% of the stock is owned by institutional investors.

Dominion Energy Stock Performance

NYSE:D traded up $0.28 during mid-day trading on Monday, hitting $55.34. 4,655,433 shares of the stock were exchanged, compared to its average volume of 3,195,633. 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 50-day simple moving average is $55.49 and its 200 day simple moving average is $55.81. Dominion Energy, Inc. has a fifty-two week low of $43.53 and a fifty-two week high of $61.97. The stock has a market capitalization of $46.49 billion, a price-to-earnings ratio of 19.42, a price-to-earnings-growth ratio of 1.16 and a beta of 0.60.

Dominion Energy (NYSE:D - Get Free Report) last announced its earnings results on Friday, November 1st. The utilities provider reported $0.98 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.93 by $0.05. The company had revenue of $3.94 billion during the quarter, compared to analysts' expectations of $4.18 billion. Dominion Energy had a net margin of 16.95% and a return on equity of 8.35%. Dominion Energy's quarterly revenue was up 3.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.77 earnings per share. As a group, equities analysts anticipate that Dominion Energy, Inc. will post 2.76 EPS for the current fiscal year.

Dominion Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 20th. Shareholders of record on Friday, November 29th were paid a dividend of $0.6675 per share. The ex-dividend date was Friday, November 29th. This represents a $2.67 dividend on an annualized basis and a yield of 4.82%. Dominion Energy's payout ratio is 93.68%.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on D. Morgan Stanley assumed coverage on Dominion Energy in a report on Monday, December 2nd. They issued an "equal weight" rating and a $61.00 price objective for the company. Barclays boosted their target price 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 objective on shares of Dominion Energy from $58.00 to $61.00 and gave the company a "sector perform" rating in a research report on Thursday, December 12th. Finally, The Goldman Sachs Group reaffirmed a "neutral" rating and issued a $61.00 target price on shares of Dominion Energy in a report on Friday, November 8th. Eleven analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Hold" and an average 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.