Coldstream Capital Management Inc. Has $1.38 Million Holdings in Dominion Energy, Inc. (NYSE:D)

Coldstream Capital Management Inc. grew its stake in Dominion Energy, Inc. (NYSE:D) by 19.3% during the 4th quarter, HoldingsChannel.com reports. The firm owned 25,586 shares of the utilities provider’s stock after buying an additional 4,147 shares during the period. Coldstream Capital Management Inc.’s holdings in Dominion Energy were worth $1,378,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in the stock. Norges Bank bought a new position in Dominion Energy during the fourth quarter worth about $473,354,000. American Century Companies Inc. grew its position in Dominion Energy by 207.7% in the fourth quarter. American Century Companies Inc. now owns 3,763,898 shares of the utilities provider’s stock valued at $202,724,000 after acquiring an additional 2,540,713 shares during the period. Marshall Wace LLP raised its stake in Dominion Energy by 8,585.3% during the fourth quarter. Marshall Wace LLP now owns 2,210,322 shares of the utilities provider’s stock worth $119,048,000 after acquiring an additional 2,184,873 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its holdings in shares of Dominion Energy by 4.9% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 30,960,638 shares of the utilities provider’s stock valued at $1,667,540,000 after acquiring an additional 1,459,926 shares during the period. Finally, Raymond James Financial Inc. acquired a new stake in shares of Dominion Energy in the 4th quarter valued at $71,409,000. Institutional investors and hedge funds own 73.04% of the company’s stock.

Analyst Upgrades and Downgrades

D has been the subject of several analyst reports. Argus raised shares of Dominion Energy to a “hold” rating in a report on Tuesday, March 25th. UBS Group boosted their target price on Dominion Energy from $58.00 to $60.00 and gave the stock a “neutral” rating in a report on Friday, March 21st. JPMorgan Chase & Co. reaffirmed an “underweight” rating and set a $52.00 price target (down from $59.00) on shares of Dominion Energy in a report on Tuesday, April 8th. Finally, Morgan Stanley increased their target price on Dominion Energy from $60.00 to $63.00 and gave the stock an “equal weight” rating in a report on Thursday, March 20th. 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’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $57.00.

Dominion Energy Trading Down 0.8 %

Shares of NYSE D opened at $52.94 on Monday. Dominion Energy, Inc. has a fifty-two week low of $47.99 and a fifty-two week high of $61.97. The firm has a market capitalization of $45.12 billion, a P/E ratio of 19.61, a P/E/G 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. The company’s 50 day simple moving average is $54.32 and its 200 day simple moving average is $55.51.

Dominion Energy (NYSE:D) last posted its quarterly earnings results on Wednesday, February 12th. The utilities provider reported $0.58 earnings per share 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%. On average, analysts predict that Dominion Energy, Inc. will post 3.39 EPS for the current year.

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.