Savant Capital LLC cut its holdings in shares of Dominion Energy Inc. (NYSE:D – Free Report) by 45.5% in the fourth quarter, HoldingsChannel reports. The fund owned 23,903 shares of the utilities provider’s stock after selling 19,947 shares during the quarter. Savant Capital LLC’s holdings in Dominion Energy were worth $1,400,000 as of its most recent SEC filing.
A number of other institutional investors have also recently bought and sold shares of the business. AustralianSuper Pty Ltd lifted its holdings in shares of Dominion Energy by 1,785.9% during the 3rd quarter. AustralianSuper Pty Ltd now owns 519,100 shares of the utilities provider’s stock valued at $31,753,000 after buying an additional 491,574 shares during the last quarter. Vanguard Group Inc. lifted its holdings in shares of Dominion Energy by 0.3% during the 3rd quarter. Vanguard Group Inc. now owns 106,158,920 shares of the utilities provider’s stock valued at $6,493,741,000 after buying an additional 363,610 shares during the last quarter. ANTIPODES PARTNERS Ltd lifted its holdings in shares of Dominion Energy by 84,502.3% during the 3rd quarter. ANTIPODES PARTNERS Ltd now owns 1,735,194 shares of the utilities provider’s stock valued at $106,150,000 after buying an additional 1,733,143 shares during the last quarter. Citigroup Inc. lifted its holdings in shares of Dominion Energy by 36.7% during the 3rd quarter. Citigroup Inc. now owns 2,422,315 shares of the utilities provider’s stock valued at $148,173,000 after buying an additional 649,989 shares during the last quarter. Finally, Stratos Wealth Partners LTD. lifted its holdings in shares of Dominion Energy by 53.1% during the 3rd quarter. Stratos Wealth Partners LTD. now owns 47,953 shares of the utilities provider’s stock valued at $2,933,000 after buying an additional 16,635 shares during the last quarter. 73.04% of the stock is currently owned by institutional investors and hedge funds.
Dominion Energy Stock Performance
Shares of NYSE D opened at $64.56 on Tuesday. The company has a quick ratio of 0.61, a current ratio of 0.78 and a debt-to-equity ratio of 1.38. The business’s 50 day moving average is $63.35 and its two-hundred day moving average is $61.93. The company has a market cap of $56.78 billion, a P/E ratio of 19.10 and a beta of 0.65. Dominion Energy Inc. has a 12 month low of $53.36 and a 12 month high of $68.97.
Dominion Energy Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Saturday, June 20th. Shareholders of record on Friday, May 29th will be given a $0.6675 dividend. This represents a $2.67 annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend is Friday, May 29th. Dominion Energy’s payout ratio is currently 78.99%.
Analyst Ratings Changes
Several equities research analysts have recently issued reports on D shares. Royal Bank Of Canada lifted their price target on Dominion Energy from $66.00 to $72.00 and gave the company a “sector perform” rating in a report on Tuesday, May 19th. Truist Financial reduced their price target on Dominion Energy from $67.00 to $66.00 and set a “hold” rating for the company in a report on Friday. Jefferies Financial Group upgraded Dominion Energy from a “hold” rating to a “buy” rating and lifted their price target for the company from $65.00 to $76.00 in a report on Thursday, May 28th. Bank of America lifted their price target on Dominion Energy from $63.00 to $65.00 and gave the company a “neutral” rating in a report on Wednesday, April 15th. Finally, Mizuho lifted their price target on Dominion Energy from $66.00 to $72.00 and gave the company a “neutral” rating in a report on Tuesday, May 26th. Four investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $67.69.
Get Our Latest Stock Report on Dominion Energy
Dominion Energy Profile
Dominion Energy, Inc, headquartered in Richmond, Virginia, is a diversified energy company that primarily operates regulated electricity and natural gas utilities and develops energy infrastructure. The company’s core activities include the generation, transmission and distribution of electricity to residential, commercial and industrial customers, as well as the purchase, storage and delivery of natural gas. Dominion combines traditional utility operations with energy infrastructure businesses to provide essential services across its service territories.
Dominion’s electricity portfolio spans multiple technologies and fuel sources, including nuclear, natural gas-fired generation and renewable resources such as utility-scale solar and wind.
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