Aptus Capital Advisors LLC Has $539,000 Stock Position in Dominion Energy, Inc. (NYSE:D)

Aptus Capital Advisors LLC decreased its stake in shares of Dominion Energy, Inc. (NYSE:D) by 3.3% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 9,319 shares of the utilities provider’s stock after selling 319 shares during the quarter. Aptus Capital Advisors LLC’s holdings in Dominion Energy were worth $539,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in D. Family Firm Inc. acquired a new position in shares of Dominion Energy during the 2nd quarter worth approximately $27,000. Sanctuary Wealth Management L.L.C. acquired a new position in shares of Dominion Energy during the 3rd quarter worth approximately $28,000. LRI Investments LLC acquired a new position in shares of Dominion Energy during the 1st quarter worth approximately $30,000. Triad Wealth Partners LLC acquired a new position in shares of Dominion Energy during the 2nd quarter worth approximately $33,000. Finally, Opal Wealth Advisors LLC acquired a new position in shares of Dominion Energy during the 2nd quarter worth approximately $35,000. Institutional investors and hedge funds own 73.04% of the company’s stock.

Dominion Energy Price Performance

Shares of D stock opened at $57.63 on Friday. The company has a quick ratio of 0.58, a current ratio of 0.74 and a debt-to-equity ratio of 1.42. Dominion Energy, Inc. has a twelve month low of $43.53 and a twelve month high of $61.97. The company has a market cap of $48.41 billion, a P/E ratio of 20.22, a P/E/G ratio of 1.51 and a beta of 0.59. The business has a fifty day simple moving average of $58.02 and a 200 day simple moving average of $54.53.

Dominion Energy (NYSE:D) last announced its quarterly earnings data on Friday, November 1st. The utilities provider reported $0.98 earnings per share for the quarter, topping the consensus estimate of $0.93 by $0.05. The business had revenue of $3.94 billion during the quarter, compared to the consensus estimate of $4.18 billion. Dominion Energy had a return on equity of 8.35% and a net margin of 16.95%. Dominion Energy’s revenue for the quarter was up 3.4% on a year-over-year basis. During the same period in the prior year, the company earned $0.77 EPS. On average, sell-side analysts forecast 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 will be paid on Friday, December 20th. Shareholders of record on Friday, November 29th will be given a $0.6675 dividend. The ex-dividend date of this dividend is Friday, November 29th. This represents a $2.67 annualized dividend and a yield of 4.63%. Dominion Energy’s dividend payout ratio is presently 93.68%.

Analyst Ratings Changes

A number of research analysts recently weighed in on D shares. Jefferies Financial Group began coverage on Dominion Energy in a report on Friday, September 20th. They set a “hold” rating and a $58.00 target price on the stock. 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. BMO Capital Markets upped their price objective on Dominion Energy from $53.00 to $57.00 and gave the company a “market perform” rating in a report on Monday, August 5th. Scotiabank upped their price objective on Dominion Energy from $48.00 to $58.00 and gave the company a “sector perform” rating in a report on Tuesday, August 20th. Finally, JPMorgan Chase & Co. upped their price objective on Dominion Energy from $54.00 to $57.00 and gave the company a “neutral” rating in a report on Monday, August 12th. Ten equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $55.91.

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.