First Command Advisory Services Inc. boosted its stake in shares of Dominion Energy, Inc. (NYSE:D – Free Report) by 7.6% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 5,330 shares of the utilities provider’s stock after purchasing an additional 375 shares during the period. First Command Advisory Services Inc.’s holdings in Dominion Energy were worth $287,000 as of its most recent filing with the SEC.
A number of other institutional investors have also added to or reduced their stakes in D. Howard Capital Management Group LLC bought a new stake in Dominion Energy during the third quarter worth about $210,000. Mirae Asset Global Investments Co. Ltd. increased its stake in shares of Dominion Energy by 40.9% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 75,436 shares of the utilities provider’s stock valued at $4,359,000 after buying an additional 21,916 shares during the period. Arkadios Wealth Advisors lifted its position in shares of Dominion Energy by 5.3% in the 3rd quarter. Arkadios Wealth Advisors now owns 4,361 shares of the utilities provider’s stock worth $252,000 after purchasing an additional 220 shares during the period. DekaBank Deutsche Girozentrale grew its holdings in Dominion Energy by 7.1% during the 3rd quarter. DekaBank Deutsche Girozentrale now owns 145,721 shares of the utilities provider’s stock worth $8,289,000 after acquiring an additional 9,618 shares during the period. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its position in shares of Dominion Energy by 3.5% during the 3rd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 5,920 shares of the utilities provider’s stock worth $342,000 after buying an additional 200 shares during the period. 73.04% of the stock is currently owned by institutional investors and hedge funds.
Dominion Energy Trading Down 0.5 %
D opened at $57.12 on Thursday. The firm has a market cap of $47.98 billion, a P/E ratio of 21.16, a P/E/G ratio of 1.22 and a beta of 0.61. Dominion Energy, Inc. has a 52 week low of $44.17 and a 52 week high of $61.97. 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 business has a fifty day simple moving average of $54.81 and a 200-day simple moving average of $56.42.
Dominion Energy Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Thursday, March 20th. Shareholders of record on Friday, February 28th will be paid a $0.6675 dividend. The ex-dividend date is Friday, February 28th. This represents a $2.67 annualized dividend and a dividend yield of 4.67%. Dominion Energy’s dividend payout ratio (DPR) is currently 98.89%.
Analysts Set New Price Targets
Several research analysts have weighed in on D shares. Scotiabank boosted their price objective on 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 reiterated a “neutral” rating and set a $61.00 price target on shares of Dominion Energy in a research report on Friday, November 8th. Finally, Morgan Stanley assumed coverage on Dominion Energy in a research report on Monday, December 2nd. They set an “equal weight” rating and a $61.00 target price for the company. Eleven research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $56.58.
Get Our Latest Research Report on D
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.
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