United Capital Financial Advisors LLC Purchases 457 Shares of Dominion Energy, Inc. (NYSE:D)

United Capital Financial Advisors LLC raised its position in shares of Dominion Energy, Inc. (NYSE:D) by 1.3% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 35,883 shares of the utilities provider’s stock after purchasing an additional 457 shares during the quarter. United Capital Financial Advisors LLC’s holdings in Dominion Energy were worth $1,933,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in D. Simon Quick Advisors LLC grew its holdings in Dominion Energy by 4.5% during the fourth quarter. Simon Quick Advisors LLC now owns 4,250 shares of the utilities provider’s stock valued at $229,000 after purchasing an additional 184 shares during the period. Choate Investment Advisors lifted its position in shares of Dominion Energy by 5.4% during the 4th quarter. Choate Investment Advisors now owns 3,880 shares of the utilities provider’s stock valued at $209,000 after buying an additional 198 shares in the last quarter. Passumpsic Savings Bank increased its holdings in Dominion Energy by 2.7% in the 3rd quarter. Passumpsic Savings Bank now owns 7,639 shares of the utilities provider’s stock worth $441,000 after acquiring an additional 199 shares in the last quarter. Covestor Ltd raised its stake in Dominion Energy by 16.9% during the 4th quarter. Covestor Ltd now owns 1,504 shares of the utilities provider’s stock worth $81,000 after acquiring an additional 217 shares during the period. Finally, Meridian Financial Partners LLC lifted its holdings in Dominion Energy by 1.6% during the fourth quarter. Meridian Financial Partners LLC now owns 13,970 shares of the utilities provider’s stock valued at $752,000 after purchasing an additional 219 shares in the last quarter. Hedge funds and other institutional investors own 73.04% of the company’s stock.

Wall Street Analysts Forecast Growth

D has been the subject of a number of analyst reports. JPMorgan Chase & Co. reissued an “underweight” rating and issued a $52.00 price objective (down from $59.00) on shares of Dominion Energy in a research note on Tuesday, April 8th. Argus raised Dominion Energy to a “hold” rating in a report on Tuesday, March 25th. UBS Group increased their target price on Dominion Energy from $58.00 to $60.00 and gave the stock a “neutral” rating in a research report on Friday, March 21st. Finally, Morgan Stanley lifted their target price on Dominion Energy from $60.00 to $63.00 and gave the company an “equal weight” rating in a research note on Thursday, March 20th. One analyst has rated the stock with a sell rating, twelve have given a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $57.00.

Dominion Energy Trading Up 0.0 %

D stock opened at $53.07 on Friday. The firm has a fifty day moving average price of $54.65 and a 200 day moving average price of $55.71. Dominion Energy, Inc. has a fifty-two week low of $47.99 and a fifty-two week high of $61.97. The firm has a market cap of $45.22 billion, a PE ratio of 19.65, a price-to-earnings-growth ratio of 1.22 and a beta of 0.57. The company has a debt-to-equity ratio of 1.42, a quick ratio of 0.58 and a current ratio of 0.74.

Dominion Energy (NYSE:D) last issued its quarterly earnings data on Wednesday, February 12th. The utilities provider reported $0.58 EPS for the quarter, topping analysts’ consensus estimates of $0.54 by $0.04. Dominion Energy had a net margin of 16.22% and a return on equity of 8.99%. Sell-side analysts anticipate that Dominion Energy, Inc. will post 3.39 earnings per share for the current fiscal year.

Dominion Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Friday, February 28th were paid a $0.6675 dividend. This represents a $2.67 annualized dividend and a dividend yield of 5.03%. The ex-dividend date was Friday, February 28th. Dominion Energy’s payout ratio is 98.89%.

About Dominion Energy

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.