Oxford Asset Management LLP Takes $585,000 Position in Dominion Energy, Inc. (NYSE:D)

Oxford Asset Management LLP purchased a new stake in shares of Dominion Energy, Inc. (NYSE:D) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 10,870 shares of the utilities provider’s stock, valued at approximately $585,000.

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

Dominion Energy Stock Performance

NYSE:D opened at $52.94 on Friday. The company’s 50-day moving average is $54.32 and its two-hundred day moving average is $55.51. The firm has a market capitalization of $45.12 billion, a price-to-earnings ratio of 19.61, a PEG ratio of 1.22 and a beta of 0.57. The company has a debt-to-equity ratio of 1.42, a current ratio of 0.74 and a quick ratio of 0.58. Dominion Energy, Inc. has a 1-year low of $47.99 and a 1-year high of $61.97.

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

Analyst Ratings Changes

A number of equities analysts have weighed in on D shares. UBS Group upped their price objective on shares of Dominion Energy from $58.00 to $60.00 and gave the stock a “neutral” rating in a research report on Friday, March 21st. JPMorgan Chase & Co. reiterated an “underweight” rating and set a $52.00 price objective (down from $59.00) on shares of Dominion Energy in a research note on Tuesday, April 8th. Morgan Stanley raised their target price 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. Finally, Argus raised Dominion Energy to a “hold” rating in a research note on Tuesday, March 25th. One research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $57.00.

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.