Dominion Energy, Inc. (NYSE:D) Shares Sold by Voya Investment Management LLC

Voya Investment Management LLC decreased its holdings in Dominion Energy, Inc. (NYSE:D) by 6.7% in the 4th quarter, Holdings Channel reports. The firm owned 172,105 shares of the utilities provider’s stock after selling 12,263 shares during the period. Voya Investment Management LLC’s holdings in Dominion Energy were worth $9,270,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Cape Investment Advisory Inc. raised its position in Dominion Energy by 175.4% during the 4th quarter. Cape Investment Advisory Inc. now owns 471 shares of the utilities provider’s stock worth $25,000 after buying an additional 300 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC raised its position in Dominion Energy by 450.0% during the 4th quarter. Kayne Anderson Rudnick Investment Management LLC now owns 462 shares of the utilities provider’s stock worth $25,000 after buying an additional 378 shares during the last quarter. BankPlus Trust Department purchased a new position in Dominion Energy during the 4th quarter worth $26,000. Roble Belko & Company Inc purchased a new position in Dominion Energy during the 4th quarter worth $27,000. Finally, Fairway Wealth LLC purchased a new position in Dominion Energy during the 4th quarter worth $27,000. Hedge funds and other institutional investors own 73.04% of the company’s stock.

Dominion Energy Price Performance

Shares of NYSE D opened at $53.73 on Tuesday. The stock has a market cap of $45.79 billion, a price-to-earnings ratio of 19.90, a PEG ratio of 1.22 and a beta of 0.57. Dominion Energy, Inc. has a 52 week low of $47.99 and a 52 week high of $61.97. The company’s 50-day moving average price is $54.28 and its 200 day moving average price is $55.49. 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 (NYSE:D) last released its quarterly earnings results on Wednesday, February 12th. The utilities provider reported $0.58 earnings per share (EPS) for the quarter, topping 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%. As a group, research analysts forecast that Dominion Energy, Inc. will post 3.39 earnings per share for the current fiscal year.

Analysts Set New Price Targets

D has been the subject of a number of analyst reports. JPMorgan Chase & Co. restated an “underweight” rating and set a $52.00 price objective (down previously from $59.00) on shares of Dominion Energy in a research report on Tuesday, April 8th. Argus upgraded shares of Dominion Energy to a “hold” rating in a research report on Tuesday, March 25th. 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. Finally, Morgan Stanley increased their price target on shares of Dominion Energy from $60.00 to $63.00 and gave the company 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 given a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $57.00.

Dominion Energy Company 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.