Bogart Wealth LLC Has $263,000 Stock Holdings in Dominion Energy, Inc. (NYSE:D)

Bogart Wealth LLC reduced its holdings in Dominion Energy, Inc. (NYSE:D) by 6.2% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 4,547 shares of the utilities provider’s stock after selling 302 shares during the quarter. Bogart Wealth LLC’s holdings in Dominion Energy were worth $263,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the business. Family Firm Inc. acquired a new stake in Dominion Energy during the 2nd quarter valued at approximately $27,000. LRI Investments LLC acquired a new position in Dominion Energy in the first quarter valued at $30,000. Triad Wealth Partners LLC bought a new position in shares of Dominion Energy in the 2nd quarter worth about $33,000. Opal Wealth Advisors LLC bought a new stake in shares of Dominion Energy during the 2nd quarter valued at about $35,000. Finally, Kimelman & Baird LLC acquired a new stake in Dominion Energy during the second quarter worth approximately $36,000. Institutional investors own 73.04% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently commented on the stock. BMO Capital Markets raised their price objective on shares of Dominion Energy from $53.00 to $57.00 and gave the stock a “market perform” rating in a research report on Monday, August 5th. Barclays upped their price objective on shares of Dominion Energy from $54.00 to $58.00 and gave the company an “overweight” rating in a report on Tuesday, October 15th. JPMorgan Chase & Co. raised their target price on Dominion Energy from $54.00 to $57.00 and gave the company a “neutral” rating in a research note on Monday, August 12th. Jefferies Financial Group began coverage on Dominion Energy in a research note on Friday, September 20th. They set a “hold” rating and a $58.00 price target on the stock. Finally, Scotiabank raised their price objective on Dominion Energy from $48.00 to $58.00 and gave the company a “sector perform” rating in a research note on Tuesday, August 20th. Nine research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $55.40.

Dominion Energy Stock Down 0.2 %

Shares of NYSE:D opened at $60.78 on Friday. The business’s 50 day moving average is $57.41 and its 200 day moving average is $53.57. Dominion Energy, Inc. has a 12-month low of $39.44 and a 12-month high of $61.26. The stock has a market cap of $50.91 billion, a price-to-earnings ratio of 31.33, a PEG ratio of 1.60 and a beta of 0.60. The company has a quick ratio of 0.78, a current ratio of 0.93 and a debt-to-equity ratio of 1.42.

Dominion Energy (NYSE:D) last posted its quarterly earnings data on Thursday, August 1st. The utilities provider reported $0.65 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.56 by $0.09. The firm had revenue of $3.49 billion for the quarter, compared to the consensus estimate of $3.73 billion. Dominion Energy had a net margin of 11.63% and a return on equity of 7.69%. The business’s revenue for the quarter was up 10.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.53 EPS. On average, sell-side analysts forecast that Dominion Energy, Inc. will post 2.75 earnings per share for the current fiscal year.

Dominion Energy Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 20th. Stockholders of record on Friday, August 30th were paid a $0.6675 dividend. The ex-dividend date of this dividend was Friday, August 30th. This represents a $2.67 dividend on an annualized basis and a dividend yield of 4.39%. Dominion Energy’s payout ratio is presently 137.63%.

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.