Hunter Associates Investment Management LLC boosted its holdings in Dominion Energy Inc (NYSE:D) by 14.9% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 6,942 shares of the utilities provider’s stock after acquiring an additional 900 shares during the period. Hunter Associates Investment Management LLC’s holdings in Dominion Energy were worth $532,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds have also bought and sold shares of D. Interactive Financial Advisors bought a new position in Dominion Energy in the first quarter valued at about $26,000. Massey Quick Simon & CO. LLC bought a new position in shares of Dominion Energy during the first quarter worth about $27,000. Mark Sheptoff Financial Planning LLC raised its position in shares of Dominion Energy by 133.3% during the first quarter. Mark Sheptoff Financial Planning LLC now owns 350 shares of the utilities provider’s stock worth $27,000 after acquiring an additional 200 shares during the last quarter. Nalls Sherbakoff Group LLC bought a new position in shares of Dominion Energy during the fourth quarter worth about $26,000. Finally, Altshuler Shaham Ltd bought a new position in shares of Dominion Energy during the fourth quarter worth about $27,000. Institutional investors and hedge funds own 63.80% of the company’s stock.
Shares of NYSE:D opened at $77.32 on Friday. The stock has a market capitalization of $61.56 billion, a PE ratio of 19.09, a price-to-earnings-growth ratio of 3.80 and a beta of 0.26. The company has a debt-to-equity ratio of 1.35, a quick ratio of 0.44 and a current ratio of 0.61. Dominion Energy Inc has a 12-month low of $67.30 and a 12-month high of $79.47. The firm’s 50 day moving average is $76.31.
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 20th. Shareholders of record on Friday, June 7th were given a $0.9175 dividend. The ex-dividend date was Thursday, June 6th. This represents a $3.67 annualized dividend and a yield of 4.75%. Dominion Energy’s dividend payout ratio is currently 90.62%.
A number of equities analysts have recently issued reports on D shares. TheStreet downgraded Dominion Energy from a “b” rating to a “c+” rating in a research report on Friday, May 3rd. Zacks Investment Research downgraded Dominion Energy from a “hold” rating to a “sell” rating in a report on Friday, March 8th. Credit Suisse Group assumed coverage on Dominion Energy in a report on Friday, April 12th. They issued a “neutral” rating and a $78.00 target price for the company. Mizuho assumed coverage on Dominion Energy in a report on Monday, March 11th. They issued a “neutral” rating and a $76.00 target price for the company. Finally, Wolfe Research set a $79.00 target price on Dominion Energy and gave the stock a “hold” rating in a report on Monday, March 18th. Twelve research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Dominion Energy presently has a consensus rating of “Hold” and an average target price of $85.85.
Dominion Energy Company Profile
Dominion Energy, Inc produces and transports energy. The company's Power Delivery segment engages in the regulated electric transmission and distribution operations that serve residential, commercial, industrial, and governmental customers in Virginia and North Carolina. Its Power Generation segment is involved in the electricity generation activities.
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