1,092 Shares in Dominion Energy, Inc. (NYSE:D) Acquired by Bank of Jackson Hole Trust

Bank of Jackson Hole Trust acquired a new position in shares of Dominion Energy, Inc. (NYSE:D) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 1,092 shares of the utilities provider’s stock, valued at approximately $59,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vontobel Holding Ltd. purchased a new stake in shares of Dominion Energy during the 3rd quarter valued at $389,000. Howard Capital Management Group LLC purchased a new stake in shares of Dominion Energy during the 3rd quarter valued at $210,000. Allspring Global Investments Holdings LLC boosted its position in Dominion Energy by 0.5% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 247,770 shares of the utilities provider’s stock worth $14,319,000 after purchasing an additional 1,130 shares during the period. Foundations Investment Advisors LLC lifted its holdings in Dominion Energy by 12.5% in the 3rd quarter. Foundations Investment Advisors LLC now owns 11,398 shares of the utilities provider’s stock worth $659,000 after buying an additional 1,262 shares in the last quarter. Finally, Oakworth Capital Inc. raised its stake in shares of Dominion Energy by 48.4% in the 3rd quarter. Oakworth Capital Inc. now owns 1,410 shares of the utilities provider’s stock valued at $81,000 after purchasing an additional 460 shares in the last quarter. 73.04% of the stock is owned by hedge funds and other institutional investors.

Dominion Energy Price Performance

NYSE D opened at $55.69 on Thursday. The company has a 50-day moving average price of $54.46 and a two-hundred day moving average price of $56.32. The company has a current ratio of 0.74, a quick ratio of 0.58 and a debt-to-equity ratio of 1.42. The stock has a market cap of $46.78 billion, a price-to-earnings ratio of 20.62, a price-to-earnings-growth ratio of 1.21 and a beta of 0.61. Dominion Energy, Inc. has a 52 week low of $44.17 and a 52 week high of $61.97.

Dominion Energy (NYSE:D) last posted its quarterly earnings data on Wednesday, February 12th. The utilities provider reported $0.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.54 by $0.04. Dominion Energy had a net margin of 16.22% and a return on equity of 8.99%. Analysts forecast that Dominion Energy, Inc. will post 3.39 EPS for the current year.

Dominion Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Friday, February 28th will be issued a $0.6675 dividend. This represents a $2.67 annualized dividend and a dividend yield of 4.79%. The ex-dividend date of this dividend is Friday, February 28th. Dominion Energy’s dividend payout ratio (DPR) is presently 98.89%.

Wall Street Analysts Forecast Growth

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

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.