12,400 Shares in Dominion Energy, Inc. (NYSE:D) Acquired by Mufg Securities Americas Inc.

Mufg Securities Americas Inc. purchased a new stake in Dominion Energy, Inc. (NYSE:D) in the 4th quarter, according to its most recent filing with the SEC. The fund purchased 12,400 shares of the utilities provider’s stock, valued at approximately $668,000.

A number of other large investors also recently made changes to their positions in the business. Barclays PLC boosted its holdings in Dominion Energy by 19.8% in the third quarter. Barclays PLC now owns 2,452,701 shares of the utilities provider’s stock valued at $141,739,000 after acquiring an additional 404,868 shares during the last quarter. HB Wealth Management LLC grew its holdings 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 purchasing an additional 4,861 shares during the period. Pacer Advisors Inc. raised its holdings in Dominion Energy by 12.2% in the fourth 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 during the period. Greenwood Capital Associates LLC purchased a new stake in Dominion Energy during the fourth quarter worth approximately $1,027,000. Finally, Teamwork Financial Advisors LLC acquired a new stake in shares of Dominion Energy in the fourth quarter worth $498,000. Hedge funds and other institutional investors own 73.04% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on D. UBS Group upped their price target 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. Argus upgraded Dominion Energy to a “hold” rating in a research note on Tuesday, March 25th. Morgan Stanley boosted their price target on Dominion Energy from $60.00 to $63.00 and gave the stock an “equal weight” rating in a research report on Thursday, March 20th. Finally, JPMorgan Chase & Co. reaffirmed an “underweight” rating and issued a $52.00 price objective (down previously from $59.00) on shares of Dominion Energy in a research report on Tuesday, April 8th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat.com, Dominion Energy currently has a consensus rating of “Hold” and an average price target of $58.75.

Dominion Energy Price Performance

D stock opened at $53.83 on Thursday. The stock’s 50 day moving average is $53.93 and its two-hundred day moving average is $55.14. Dominion Energy, Inc. has a 52-week low of $47.99 and a 52-week high of $61.97. The company has a market capitalization of $45.91 billion, a PE ratio of 19.94, a P/E/G ratio of 1.22 and a beta of 0.57. The company has a quick ratio of 0.58, a current ratio of 0.74 and a debt-to-equity ratio of 1.42.

Dominion Energy (NYSE:D) last posted its quarterly earnings results on Thursday, May 1st. The utilities provider reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.82 by $0.11. Dominion Energy had a net margin of 16.22% and a return on equity of 8.99%. The firm had revenue of $4.08 billion for the quarter, compared to analysts’ expectations of $3.95 billion. During the same period in the prior year, the company posted $0.55 earnings per share. The firm’s quarterly revenue was up 12.2% on a year-over-year basis. Analysts predict that Dominion Energy, Inc. will post 3.39 earnings per share for the current fiscal year.

Dominion Energy Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 20th. Stockholders of record on Thursday, May 29th will be paid a $0.6675 dividend. The ex-dividend date of this dividend is Thursday, May 29th. This represents a $2.67 dividend on an annualized basis and a dividend yield of 4.96%. Dominion Energy’s dividend payout ratio (DPR) is presently 100.00%.

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.