Dominion Energy, Inc. (NYSE:D) Stock Holdings Trimmed by Gratus Wealth Advisors LLC

Gratus Wealth Advisors LLC lessened its position in shares of Dominion Energy, Inc. (NYSE:D) by 2.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 41,332 shares of the utilities provider’s stock after selling 1,224 shares during the period. Gratus Wealth Advisors LLC’s holdings in Dominion Energy were worth $2,226,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in D. Barclays PLC grew its stake in Dominion Energy by 19.8% during the 3rd quarter. Barclays PLC now owns 2,452,701 shares of the utilities provider’s stock worth $141,739,000 after buying an additional 404,868 shares during the last quarter. Czech National Bank lifted its position in Dominion Energy by 6.6% in the 4th quarter. Czech National Bank now owns 182,131 shares of the utilities provider’s stock valued at $9,810,000 after purchasing an additional 11,231 shares during the last quarter. HB Wealth Management LLC boosted its stake in Dominion Energy by 15.6% during the 4th quarter. HB Wealth Management LLC now owns 35,993 shares of the utilities provider’s stock valued at $1,939,000 after purchasing an additional 4,861 shares during the period. Pacer Advisors Inc. boosted its stake in Dominion Energy by 12.2% during the 4th quarter. Pacer Advisors Inc. now owns 70,213 shares of the utilities provider’s stock valued at $3,782,000 after purchasing an additional 7,632 shares during the period. Finally, Greenwood Capital Associates LLC acquired a new stake in shares of Dominion Energy in the fourth quarter valued at approximately $1,027,000. Institutional investors and hedge funds own 73.04% of the company’s stock.

Analyst Ratings Changes

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

Dominion Energy Price Performance

Shares of NYSE:D opened at $53.05 on Thursday. The business has a fifty day simple moving average of $54.70 and a 200 day simple moving average of $55.75. The company has a current ratio of 0.74, a quick ratio of 0.58 and a debt-to-equity ratio of 1.42. Dominion Energy, Inc. has a 1 year low of $47.15 and a 1 year high of $61.97. The firm has a market cap of $45.21 billion, a price-to-earnings ratio of 19.65, a P/E/G ratio of 1.22 and a beta of 0.57.

Dominion Energy (NYSE:D) last announced its quarterly earnings results 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 return on equity of 8.99% and a net margin of 16.22%. As a group, sell-side analysts predict that Dominion Energy, Inc. will post 3.39 earnings per share for the current fiscal year.

Dominion Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Friday, February 28th were issued a dividend of $0.6675 per share. The ex-dividend date was Friday, February 28th. This represents a $2.67 dividend on an annualized basis and a dividend yield of 5.03%. Dominion Energy’s dividend payout ratio is currently 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.