Atria Wealth Solutions Inc. boosted its position in shares of Dominion Energy, Inc. (NYSE:D - Free Report) by 9.5% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 51,579 shares of the utilities provider's stock after purchasing an additional 4,476 shares during the period. Atria Wealth Solutions Inc.'s holdings in Dominion Energy were worth $2,778,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in D. Venturi Wealth Management LLC boosted its stake in Dominion Energy by 58.2% in the fourth quarter. Venturi Wealth Management LLC now owns 1,742 shares of the utilities provider's stock worth $94,000 after purchasing an additional 641 shares in the last quarter. D.A. Davidson & CO. lifted its position in Dominion Energy by 3.3% during the 4th quarter. D.A. Davidson & CO. now owns 57,451 shares of the utilities provider's stock worth $3,094,000 after buying an additional 1,825 shares in the last quarter. Empower Advisory Group LLC grew its holdings in Dominion Energy by 0.8% during the 4th quarter. Empower Advisory Group LLC now owns 254,857 shares of the utilities provider's stock worth $13,727,000 after acquiring an additional 2,047 shares during the last quarter. Wealth Quarterback LLC grew its holdings in Dominion Energy by 50.5% during the 4th quarter. Wealth Quarterback LLC now owns 5,861 shares of the utilities provider's stock worth $316,000 after acquiring an additional 1,967 shares during the last quarter. Finally, Highview Capital Management LLC DE increased its position in Dominion Energy by 8.8% in the 4th quarter. Highview Capital Management LLC DE now owns 18,015 shares of the utilities provider's stock valued at $970,000 after acquiring an additional 1,456 shares in the last quarter. 73.04% of the stock is currently owned by institutional investors and hedge funds.
NYSE D opened at $57.38 on Friday. Dominion Energy, Inc. has a 12 month low of $44.17 and a 12 month high of $61.97. The stock has a 50-day simple moving average of $54.58 and a 200 day simple moving average of $56.35. The company has a current ratio of 0.74, a quick ratio of 0.58 and a debt-to-equity ratio of 1.42. The company has a market capitalization of $48.20 billion, a PE ratio of 21.25, a P/E/G ratio of 1.21 and a beta of 0.61.
Dominion Energy (NYSE:D - Get Free Report) last announced its quarterly earnings results on Wednesday, February 12th. The utilities provider reported $0.58 EPS 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%. Research analysts forecast that Dominion Energy, Inc. will post 3.39 EPS for the current year.
The company also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Friday, February 28th will be given a dividend of $0.6675 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $2.67 dividend on an annualized basis and a dividend yield of 4.65%. Dominion Energy's dividend payout ratio is 98.89%.
A number of brokerages have recently issued reports on D. Scotiabank upped their target price on shares of Dominion Energy from $58.00 to $61.00 and gave the stock a "sector perform" rating in a research report on Thursday, December 12th. The Goldman Sachs Group reaffirmed a "neutral" rating and set a $61.00 price objective on shares of Dominion Energy in a report on Friday, November 8th. Finally, Morgan Stanley began coverage on Dominion Energy in a research note on Monday, December 2nd. They issued an "equal weight" rating and a $61.00 target price for the company. Eleven research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $56.58.
View Our Latest Report on 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.
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