Dominion Energy, Inc. (NYSE:D) Shares Purchased by Ascent Wealth Partners LLC

Ascent Wealth Partners LLC boosted its stake in Dominion Energy, Inc. (NYSE:D) by 2.5% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 21,683 shares of the utilities provider’s stock after acquiring an additional 525 shares during the quarter. Ascent Wealth Partners LLC’s holdings in Dominion Energy were worth $1,168,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Roble Belko & Company Inc purchased a new position in shares of Dominion Energy during the 4th quarter worth $27,000. Sanctuary Wealth Management L.L.C. purchased a new position in shares of Dominion Energy during the 3rd quarter worth $28,000. Frazier Financial Advisors LLC purchased a new stake in Dominion Energy in the 3rd quarter valued at about $32,000. Dunhill Financial LLC raised its holdings in Dominion Energy by 601.2% in the 3rd quarter. Dunhill Financial LLC now owns 568 shares of the utilities provider’s stock valued at $33,000 after buying an additional 487 shares during the period. Finally, Larson Financial Group LLC raised its holdings in Dominion Energy by 282.4% in the 3rd quarter. Larson Financial Group LLC now owns 608 shares of the utilities provider’s stock valued at $35,000 after buying an additional 449 shares during the period. Institutional investors and hedge funds own 73.04% of the company’s stock.

Analyst Upgrades and Downgrades

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

Dominion Energy Trading Up 1.9 %

Shares of NYSE D opened at $57.38 on Friday. The company has a quick ratio of 0.58, a current ratio of 0.74 and a debt-to-equity ratio of 1.42. The company has a market cap of $48.20 billion, a price-to-earnings ratio of 21.25, a P/E/G ratio of 1.22 and a beta of 0.61. The business has a fifty day simple moving average of $54.58 and a 200-day simple moving average of $56.36. Dominion Energy, Inc. has a 12 month low of $44.17 and a 12 month high of $61.97.

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

Dominion Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Friday, February 28th will be issued a dividend of $0.6675 per share. The ex-dividend date is Friday, February 28th. This represents a $2.67 dividend on an annualized basis and a yield of 4.65%. Dominion Energy’s dividend payout ratio is 98.89%.

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.