Clarius Group LLC Sells 2,579 Shares of Dominion Energy, Inc. (NYSE:D)


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Clarius Group LLC reduced its stake in Dominion Energy, Inc. (NYSE:D) by 34.9% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,804 shares of the utilities provider’s stock after selling 2,579 shares during the quarter. Clarius Group LLC’s holdings in Dominion Energy were worth $365,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Paces Ferry Wealth Advisors LLC bought a new stake in Dominion Energy in the 3rd quarter valued at about $42,000. Sei Investments Co. lifted its stake in shares of Dominion Energy by 35.6% in the third quarter. Sei Investments Co. now owns 199,300 shares of the utilities provider’s stock valued at $15,705,000 after buying an additional 52,344 shares in the last quarter. Mercer Global Advisors Inc. ADV lifted its stake in shares of Dominion Energy by 14.8% in the third quarter. Mercer Global Advisors Inc. ADV now owns 39,324 shares of the utilities provider’s stock valued at $3,104,000 after buying an additional 5,065 shares in the last quarter. Woodstock Corp lifted its position in shares of Dominion Energy by 3.0% during the fourth quarter. Woodstock Corp now owns 21,456 shares of the utilities provider’s stock valued at $1,613,000 after purchasing an additional 615 shares in the last quarter. Finally, Summit Financial Group Inc. lifted its position in shares of Dominion Energy by 22.0% during the fourth quarter. Summit Financial Group Inc. now owns 7,888 shares of the utilities provider’s stock valued at $594,000 after purchasing an additional 1,420 shares in the last quarter. 67.06% of the stock is currently owned by institutional investors and hedge funds.

D opened at $80.37 on Tuesday. The business’s 50-day moving average is $76.69 and its two-hundred day moving average is $75.97. Dominion Energy, Inc. has a 1 year low of $67.85 and a 1 year high of $87.34. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.13 and a quick ratio of 1.04. The firm has a market capitalization of $64.78 billion, a PE ratio of -4,018.50, a price-to-earnings-growth ratio of 3.74 and a beta of 0.30.

Dominion Energy (NYSE:D) last posted its earnings results on Thursday, February 11th. The utilities provider reported $0.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.80 by $0.01. Dominion Energy had a return on equity of 12.19% and a net margin of 0.10%. The company had revenue of $3.52 billion for the quarter, compared to analyst estimates of $3.54 billion. During the same quarter in the previous year, the firm earned $1.18 earnings per share. The firm’s quarterly revenue was down 9.6% compared to the same quarter last year. As a group, sell-side analysts expect that Dominion Energy, Inc. will post 3.63 EPS for the current year.

In other Dominion Energy news, Director Mark J. Kington purchased 2,000 shares of the company’s stock in a transaction dated Thursday, March 4th. The shares were acquired at an average price of $69.29 per share, for a total transaction of $138,580.00. 0.26% of the stock is currently owned by insiders.

A number of analysts recently issued reports on the stock. KeyCorp raised their price objective on shares of Dominion Energy from $80.00 to $82.00 and gave the stock an “overweight” rating in a report on Tuesday, April 27th. Credit Suisse Group boosted their price objective on shares of Dominion Energy from $80.00 to $90.00 and gave the company an “outperform” rating in a research note on Tuesday, April 27th. TheStreet upgraded shares of Dominion Energy from a “c+” rating to a “b-” rating in a research report on Thursday, April 22nd. Zacks Investment Research lowered shares of Dominion Energy from a “hold” rating to a “sell” rating and set a $80.00 price objective for the company. in a report on Wednesday, April 7th. Finally, Evercore ISI raised shares of Dominion Energy from an “in-line” rating to an “outperform” rating in a research note on Thursday, January 21st. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and ten have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $83.79.

Dominion Energy Profile

Dominion Energy, Inc produces and distributes energy. The company operates through four segments: Dominion Energy Virginia, Gas Distribution, Dominion Energy South Carolina, and Contracted Assets. The Dominion Energy Virginia segment generates, transmits, and distributes regulated electricity to residential, commercial, industrial, and governmental customers in Virginia and North Carolina.

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Institutional Ownership by Quarter for Dominion Energy (NYSE:D)

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