Centennial Wealth Advisory LLC Has $441,000 Stock Holdings in Dominion Energy, Inc. (NYSE:D)

Centennial Wealth Advisory LLC grew its stake in Dominion Energy, Inc. (NYSE:D) by 3.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,639 shares of the utilities provider’s stock after buying an additional 258 shares during the period. Centennial Wealth Advisory LLC’s holdings in Dominion Energy were worth $441,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Vanguard Group Inc. grew its stake in Dominion Energy by 16.0% in the first quarter. Vanguard Group Inc. now owns 88,355,205 shares of the utilities provider’s stock valued at $4,346,193,000 after acquiring an additional 12,178,713 shares during the period. Massachusetts Financial Services Co. MA grew its stake in Dominion Energy by 1.6% in the second quarter. Massachusetts Financial Services Co. MA now owns 29,635,621 shares of the utilities provider’s stock valued at $1,452,145,000 after acquiring an additional 477,181 shares during the period. Price T Rowe Associates Inc. MD lifted its holdings in shares of Dominion Energy by 12.9% in the first quarter. Price T Rowe Associates Inc. MD now owns 24,494,873 shares of the utilities provider’s stock valued at $1,204,904,000 after purchasing an additional 2,801,687 shares in the last quarter. Capital Research Global Investors lifted its holdings in shares of Dominion Energy by 20.1% in the first quarter. Capital Research Global Investors now owns 21,584,470 shares of the utilities provider’s stock valued at $1,061,740,000 after purchasing an additional 3,613,614 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its holdings in shares of Dominion Energy by 6.7% in the second quarter. Bank of New York Mellon Corp now owns 14,979,739 shares of the utilities provider’s stock valued at $734,007,000 after purchasing an additional 940,402 shares in the last quarter. Institutional investors and hedge funds own 73.04% of the company’s stock.

Dominion Energy Stock Down 1.2 %

Shares of Dominion Energy stock traded down $0.71 during midday trading on Wednesday, hitting $57.88. The company had a trading volume of 301,392 shares, compared to its average volume of 4,387,707. The company has a 50 day moving average of $57.94 and a 200 day moving average of $54.27. The company has a debt-to-equity ratio of 1.42, a quick ratio of 0.78 and a current ratio of 0.74. Dominion Energy, Inc. has a 52-week low of $43.53 and a 52-week high of $61.97. The stock has a market capitalization of $48.62 billion, a P/E ratio of 20.56, a P/E/G ratio of 1.53 and a beta of 0.59.

Dominion Energy (NYSE:D) last released its quarterly earnings results on Friday, November 1st. The utilities provider reported $0.98 earnings per share for the quarter, beating the consensus estimate of $0.93 by $0.05. Dominion Energy had a return on equity of 8.35% and a net margin of 16.95%. The firm had revenue of $3.94 billion for the quarter, compared to analysts’ expectations of $4.18 billion. During the same period in the prior year, the firm earned $0.77 EPS. The company’s revenue was up 3.4% compared to the same quarter last year. On average, equities analysts predict that Dominion Energy, Inc. will post 2.76 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, December 20th. Investors of record on Friday, November 29th will be issued a $0.6675 dividend. The ex-dividend date of this dividend is Friday, November 29th. This represents a $2.67 dividend on an annualized basis and a yield of 4.61%. Dominion Energy’s dividend payout ratio is currently 93.68%.

Analyst Upgrades and Downgrades

D has been the topic of a number of recent research reports. JPMorgan Chase & Co. raised their target price on Dominion Energy from $54.00 to $57.00 and gave the company a “neutral” rating in a report on Monday, August 12th. BMO Capital Markets raised their target price on Dominion Energy from $53.00 to $57.00 and gave the company a “market perform” rating in a report on Monday, August 5th. Jefferies Financial Group assumed coverage on Dominion Energy in a research note on Friday, September 20th. They issued a “hold” rating and a $58.00 target price on the stock. Barclays boosted their target price on Dominion Energy from $54.00 to $58.00 and gave the company an “overweight” rating in a research note on Tuesday, October 15th. Finally, Scotiabank lifted their price target on Dominion Energy from $48.00 to $58.00 and gave the company a “sector perform” rating in a research report on Tuesday, August 20th. Nine analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, Dominion Energy presently has a consensus rating of “Hold” and a consensus target price of $55.40.

Dominion Energy Company 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.