Godsey & Gibb Inc. Has $19.87 Million Stock Holdings in Dominion Energy, Inc. (NYSE:D)

Godsey & Gibb Inc. increased its stake in shares of Dominion Energy, Inc. (NYSE:D) by 1.0% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 368,821 shares of the utilities provider’s stock after buying an additional 3,732 shares during the period. Dominion Energy accounts for about 2.0% of Godsey & Gibb Inc.’s portfolio, making the stock its 26th largest holding. Godsey & Gibb Inc.’s holdings in Dominion Energy were worth $19,865,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Sanctuary Wealth Management L.L.C. acquired a new position in Dominion Energy in the 3rd quarter valued at $28,000. Frazier Financial Advisors LLC bought a new stake in shares of Dominion Energy in the third quarter valued at about $32,000. Dunhill Financial LLC grew its stake in shares of Dominion Energy by 601.2% in the third quarter. Dunhill Financial LLC now owns 568 shares of the utilities provider’s stock valued at $33,000 after acquiring an additional 487 shares in the last quarter. Larson Financial Group LLC increased its position in 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 acquiring an additional 449 shares during the period. Finally, Kimelman & Baird LLC acquired a new stake in Dominion Energy in the 2nd quarter worth about $36,000. Institutional investors and hedge funds own 73.04% of the company’s stock.

Wall Street Analyst Weigh In

D has been the topic of a number of analyst reports. Scotiabank increased their target price 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. The Goldman Sachs Group restated a “neutral” rating and set a $61.00 price objective on shares of Dominion Energy in a research note on Friday, November 8th. Jefferies Financial Group started coverage on Dominion Energy in a research report on Friday, September 20th. They set a “hold” rating and a $58.00 target price for the company. Morgan Stanley started coverage on Dominion Energy in a report on Monday, December 2nd. They set an “equal weight” rating and a $61.00 target price on the stock. Finally, Barclays boosted their price target on Dominion Energy from $54.00 to $58.00 and gave the company 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 given a buy rating to the stock. Based on data from MarketBeat, Dominion Energy has a consensus rating of “Hold” and a consensus price target of $56.58.

Dominion Energy Stock Performance

Dominion Energy stock opened at $53.68 on Thursday. 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 stock has a market cap of $45.09 billion, a PE ratio of 18.84, a P/E/G ratio of 1.16 and a beta of 0.60. Dominion Energy, Inc. has a 12-month low of $43.53 and a 12-month high of $61.97. The business’s 50-day moving average price is $55.64 and its two-hundred day moving average price is $55.68.

Dominion Energy (NYSE:D) last posted its quarterly earnings results 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 company had revenue of $3.94 billion for the quarter, compared to the consensus estimate of $4.18 billion. Dominion Energy had a net margin of 16.95% and a return on equity of 8.35%. The firm’s quarterly revenue was up 3.4% compared to the same quarter last year. During the same period last year, the company posted $0.77 EPS. As a group, analysts expect that Dominion Energy, Inc. will post 2.76 earnings per share for the current fiscal year.

Dominion Energy Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, December 20th. Stockholders of record on Friday, November 29th were paid a $0.6675 dividend. This represents a $2.67 dividend on an annualized basis and a dividend yield of 4.97%. The ex-dividend date was Friday, November 29th. Dominion Energy’s payout ratio is 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.