Hall Laurie J Trustee Sells 500 Shares of Dominion Energy, Inc. (NYSE:D)

Hall Laurie J Trustee decreased its stake in shares of Dominion Energy, Inc. (NYSE:D) by 11.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 3,925 shares of the utilities provider’s stock after selling 500 shares during the period. Hall Laurie J Trustee’s holdings in Dominion Energy were worth $212,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Sanctuary Wealth Management L.L.C. bought a new position in shares of Dominion Energy during the third quarter worth approximately $28,000. Roble Belko & Company Inc acquired a new position in Dominion Energy in the 4th quarter valued at $27,000. Frazier Financial Advisors LLC bought a new position in Dominion Energy during the 3rd quarter worth $32,000. Dunhill Financial LLC boosted its position 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 during the period. Finally, Larson Financial Group LLC grew its stake in shares of Dominion Energy by 282.4% in the third quarter. Larson Financial Group LLC now owns 608 shares of the utilities provider’s stock valued at $35,000 after acquiring an additional 449 shares in the last quarter. 73.04% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the stock. Scotiabank lifted their price objective on shares of Dominion Energy from $58.00 to $61.00 and gave the stock a “sector perform” rating in a research note on Thursday, December 12th. Morgan Stanley assumed coverage on Dominion Energy in a research note on Monday, December 2nd. They issued an “equal weight” rating and a $61.00 price target for the company. Barclays increased their price target on Dominion Energy from $54.00 to $58.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 15th. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $61.00 price objective on shares of Dominion Energy in a report on Friday, November 8th. Eleven investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Dominion Energy has a consensus rating of “Hold” and an average price target of $56.58.

Dominion Energy Stock Performance

NYSE:D opened at $55.34 on Monday. Dominion Energy, Inc. has a twelve month low of $43.53 and a twelve month 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 stock’s 50-day simple moving average is $55.49 and its 200 day simple moving average is $55.76. The firm has a market capitalization of $46.49 billion, a PE ratio of 19.42, a price-to-earnings-growth ratio of 1.16 and a beta of 0.60.

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. On average, analysts anticipate that Dominion Energy, Inc. will post 2.76 EPS for the current fiscal year.

Dominion Energy Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 20th. Shareholders of record on Friday, November 29th were issued a $0.6675 dividend. The ex-dividend date was Friday, November 29th. This represents a $2.67 dividend on an annualized basis and a yield of 4.82%. Dominion Energy’s payout ratio is presently 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.