Threadgill Financial LLC acquired Dominion Energy, Inc. in the 4th quarter. (NYSE:D – Get Rating ) bought a new position in shares, the company said in its most recent filing with the Securities & Exchange Commission. The fund purchased 4,503 shares of the utilities provider’s stock, valued at approximately $276,000.
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Other institutional investors and hedge funds have also recently modified their holdings of the company. JNBA Financial Advisors boosted its position in Dominion Energy by 85.0% in the third quarter. JNBA Financial Advisors now owns 370 shares of the utilities provider’s stock valued at $26,000 after acquiring an additional 170 shares during the period. Retirement Financial Solutions LLC acquired a new position in shares of Dominion Energy during the 4th quarter valued at $29,000. Boyd Watterson Asset Management LLC OH purchased a new position in shares of Dominion Energy in the 4th quarter worth $34,000. Covester Ltd. boosted its position in shares of Dominion Energy by 49.8% in the first quarter. Covester Ltd. now owns 394 shares of the utilities provider’s stock worth $34,000 after buying an additional 131 shares in the last quarter. Finally, Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. acquired a new position in Dominion Energy during the 4th quarter valued at about $35,000. Institutional investors and hedge funds own 70.30% of the company’s shares.
Dominion Energy stock up 1.1%
D stock opened at $58.06 on Friday. The company has a 50 day moving average price of $56.99 and its 200 day moving average price is $61.36. The firm has a market capitalization of $48.49 billion, a price-to-earnings ratio of 53.27, a PEG ratio of 0.99 and a beta of 0.43. Dominion Energy, Inc. has a fifty-two week low of $52.03 and a fifty-two week high of $88.78. The company has a debt-to-equity ratio of 1.49, a quick ratio of 0.60 and a current ratio of 0.73.
Dominion Energy (NYSE:D – Get Rating ) last announced its quarterly earnings data on Wednesday, February 8th. The utilities provider reported $1.06 EPS for the quarter, beating analysts’ consensus estimates of $1.03 by $0.03. The company had revenue of $4.91 billion for the quarter, compared to the consensus estimate of $4.21 billion. Dominion Energy had a net margin of 5.79% and a return on equity of 13.35%. The company’s quarterly revenue has increased by 26.6 percent compared to the same quarter of the previous year. The firm posted $0.90 EPS during the same period in the previous year. On average, equities research analysts anticipate that Dominion Energy, Inc. will post 3.93 EPS for the current fiscal year.
Dominion Energy has declared a dividend
The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 20th. Shareholders of record on Friday, March 3rd were given a dividend of $0.6675 per share. The ex-dividend date for this dividend was Thursday, March 2nd. This represents a $2.67 annual dividend and a dividend yield of 4.60%. Dominion Energy’s dividend payout ratio is currently 244.95%.
Analyzer upgrades and downgrades
D has been the subject of several recent analyst reports. Wells Fargo & Co lifted their price target on shares of Dominion Energy from $64.00 to $66.00 and gave the company an “equal weight” rating in a research report on Monday, January 30th. StockNews.com began coverage on Dominion Energy in a research report on Thursday, March 16th. They issued a “Hold” rating on the stock. JPMorgan Chase & Co. Le lowered their price target on Dominion Energy from $76.00 to $66.00 and set a “neutral” rating for the company in a research report on Wednesday, January 11th. Mizuho decreased their price objective on Dominion Energy from $62.00 to $58.00 and set a “neutral” rating on the stock in a report on Monday, February 27th. Finally, BMO Capital Markets lowered their target price on Dominion Energy from $66.00 to $61.00 and set an “outperform” rating for the company in a report on Monday, February 27th. One investment analyst has rated the stock with a sell rating, twelve have given a hold rating and three have issued a buy rating to the company. Dominion Energy has an average rating of “Hold” and an average target price of $66.08, based on data from MarketBeat.
Dominion Energy Profile
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Dominion Energy, Inc. is engaged in the generation and distribution of energy. It operates through the following business segments: Dominion Energy Virginia, Gas Distribution, Dominion Energy South Carolina, Contract Assets, and Corporate and Other. The Corporate and Other segment focuses on corporate, service company, non-controlling interest in Dominion privatization, and non-regulated retail energy marketing operations.
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