XTX Topco Ltd Makes New Investment in Dominion Energy, Inc. (NYSE:D)

XTX Topco Ltd purchased a new position in Dominion Energy, Inc. (NYSE:D - Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 24,428 shares of the utilities provider's stock, valued at approximately $1,412,000.

Several other institutional investors have also added to or reduced their stakes in D. Sanctuary Wealth Management L.L.C. purchased a new position in shares of Dominion Energy in the third quarter worth $28,000. Family Firm Inc. purchased a new position in shares of Dominion Energy in the second quarter valued at about $27,000. Frazier Financial Advisors LLC bought a new position in shares of Dominion Energy during the third quarter valued at about $32,000. Larson Financial Group LLC boosted its holdings in shares of Dominion Energy by 282.4% during the third quarter. Larson Financial Group LLC now owns 608 shares of the utilities provider's stock worth $35,000 after purchasing an additional 449 shares during the period. Finally, Reston Wealth Management LLC bought a new stake in shares of Dominion Energy in the third quarter worth about $36,000. 73.04% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

D has been the subject of several research analyst reports. The Goldman Sachs Group reiterated a "neutral" rating and issued a $61.00 price objective on shares of Dominion Energy in a report on Friday, November 8th. Morgan Stanley initiated coverage on shares of Dominion Energy in a report on Monday, December 2nd. They issued an "equal weight" rating and a $61.00 price target on the stock. Scotiabank upped their price objective on shares of Dominion Energy from $48.00 to $58.00 and gave the stock a "sector perform" rating in a report on Tuesday, August 20th. Jefferies Financial Group initiated coverage on shares of Dominion Energy in a research note on Friday, September 20th. They set a "hold" rating and a $58.00 target price on the stock. Finally, Barclays increased their price target on shares of Dominion Energy from $54.00 to $58.00 and gave the stock an "overweight" rating in a research note on Tuesday, October 15th. Eleven equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. According to data from MarketBeat.com, Dominion Energy presently has a consensus rating of "Hold" and a consensus target price of $56.33.

Dominion Energy Stock Performance

Shares of Dominion Energy stock traded down $0.44 during trading hours on Monday, reaching $55.61. 6,352,381 shares of the stock traded hands, compared to its average volume of 4,464,237. The company has a quick ratio of 0.58, a current ratio of 0.74 and a debt-to-equity ratio of 1.42. The firm has a market capitalization of $46.71 billion, a price-to-earnings ratio of 19.51, a P/E/G ratio of 1.49 and a beta of 0.59. The company has a 50 day moving average price of $58.09 and a 200 day moving average price of $55.19. Dominion Energy, Inc. has a one year low of $43.53 and a one year high of $61.97.

Dominion Energy (NYSE:D - Get Free Report) last posted its quarterly earnings data on Friday, November 1st. The utilities provider reported $0.98 earnings per share for the quarter, beating analysts' consensus estimates of $0.93 by $0.05. The firm had revenue of $3.94 billion for the quarter, compared to analysts' expectations of $4.18 billion. Dominion Energy had a return on equity of 8.35% and a net margin of 16.95%. The business's quarterly revenue was up 3.4% on a year-over-year basis. During the same period in the previous year, the firm earned $0.77 EPS. On average, equities research analysts expect that Dominion Energy, Inc. will post 2.75 earnings per share for the current fiscal year.

Dominion Energy Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, December 20th. Stockholders of record on Friday, November 29th will be issued a $0.6675 dividend. This represents a $2.67 annualized dividend and a dividend yield of 4.80%. The ex-dividend date is Friday, November 29th. Dominion Energy's dividend payout ratio (DPR) is presently 93.68%.

Dominion Energy 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.