Dominion Energy, Inc. (NYSE:D) Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC reduced its position in Dominion Energy, Inc. (NYSE:D) by 2.1% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 116,374 shares of the utilities provider’s stock after selling 2,440 shares during the quarter. Yousif Capital Management LLC’s holdings in Dominion Energy were worth $6,268,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of D. Roble Belko & Company Inc purchased a new position in Dominion Energy in the fourth quarter worth $27,000. Sanctuary Wealth Management L.L.C. purchased a new position in shares of Dominion Energy in the 3rd quarter valued at about $28,000. Frazier Financial Advisors LLC purchased a new stake in Dominion Energy during the third quarter worth about $32,000. Dunhill Financial LLC grew its position in Dominion Energy by 601.2% during the third quarter. Dunhill Financial LLC now owns 568 shares of the utilities provider’s stock worth $33,000 after buying an additional 487 shares during the period. Finally, Larson Financial Group LLC lifted its position in shares of Dominion Energy by 282.4% during the 3rd 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 during the period. Hedge funds and other institutional investors own 73.04% of the company’s stock.

Dominion Energy Trading Up 0.4 %

Shares of D opened at $54.32 on Friday. Dominion Energy, Inc. has a fifty-two week low of $43.53 and a fifty-two week high of $61.97. The stock has a fifty day moving average of $54.70 and a two-hundred day moving average of $56.15. The company has a debt-to-equity ratio of 1.42, a quick ratio of 0.58 and a current ratio of 0.74. The company has a market capitalization of $45.63 billion, a PE ratio of 19.06, a price-to-earnings-growth ratio of 1.21 and a beta of 0.61.

Dominion Energy Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Shareholders of record on Friday, February 28th will be paid a $0.6675 dividend. This represents a $2.67 dividend on an annualized basis and a yield of 4.92%. The ex-dividend date is Friday, February 28th. Dominion Energy’s payout ratio is 93.68%.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on D. Scotiabank raised their price objective on Dominion Energy from $58.00 to $61.00 and gave the company a “sector perform” rating in a research note on Thursday, December 12th. Morgan Stanley assumed coverage on Dominion Energy in a research report on Monday, December 2nd. They issued an “equal weight” rating and a $61.00 price target for the company. The Goldman Sachs Group reiterated a “neutral” rating and issued a $61.00 price objective on shares of Dominion Energy in a research report on Friday, November 8th. Finally, Barclays raised their target price 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. Eleven research analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $56.58.

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.