Hall Laurie J Trustee Has $212,000 Stake in Dominion Energy, Inc. (NYSE:D)

Hall Laurie J Trustee cut its stake in shares of Dominion Energy, Inc. (NYSE:D) by 11.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,925 shares of the utilities provider’s stock after selling 500 shares during the quarter. Hall Laurie J Trustee’s holdings in Dominion Energy were worth $212,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the stock. My Legacy Advisors LLC grew its stake in Dominion Energy by 2.3% in the fourth quarter. My Legacy Advisors LLC now owns 12,400 shares of the utilities provider’s stock valued at $665,000 after acquiring an additional 276 shares during the period. Aaron Wealth Advisors LLC grew its position in Dominion Energy by 35.7% in the 4th quarter. Aaron Wealth Advisors LLC now owns 5,479 shares of the utilities provider’s stock valued at $295,000 after purchasing an additional 1,440 shares during the period. Triangle Securities Wealth Management increased its stake in Dominion Energy by 4.6% during the 4th quarter. Triangle Securities Wealth Management now owns 9,405 shares of the utilities provider’s stock valued at $507,000 after purchasing an additional 410 shares in the last quarter. HB Wealth Management LLC raised its holdings in Dominion Energy by 15.6% during the fourth quarter. HB Wealth Management LLC now owns 35,993 shares of the utilities provider’s stock worth $1,939,000 after buying an additional 4,861 shares during the last quarter. Finally, Shelton Wealth Management LLC grew its holdings in shares of Dominion Energy by 17.3% during the fourth quarter. Shelton Wealth Management LLC now owns 13,770 shares of the utilities provider’s stock valued at $742,000 after buying an additional 2,034 shares during the last quarter. 73.04% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

D has been the topic of a number of analyst reports. The Goldman Sachs Group restated a “neutral” rating and issued a $61.00 target price on shares of Dominion Energy in a report on Friday, November 8th. Barclays lifted their target price on Dominion Energy from $54.00 to $58.00 and gave the company an “overweight” rating in a research report on Tuesday, October 15th. Scotiabank increased their price target on Dominion Energy from $58.00 to $61.00 and gave the company a “sector perform” rating in a research report on Thursday, December 12th. Finally, Morgan Stanley assumed coverage on shares of Dominion Energy in a report on Monday, December 2nd. They set an “equal weight” rating and a $61.00 price objective on the stock. Eleven investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Dominion Energy currently has an average rating of “Hold” and an average target price of $56.58.

Dominion Energy Stock Performance

Shares of D stock opened at $55.34 on Monday. Dominion Energy, Inc. has a 52 week low of $43.53 and a 52 week high of $61.97. The firm’s 50-day simple moving average is $55.49 and its two-hundred day simple moving average is $55.76. The firm has a market cap of $46.49 billion, a price-to-earnings ratio of 19.42, a P/E/G ratio of 1.16 and a beta of 0.60. The company has a debt-to-equity ratio of 1.42, a quick ratio of 0.58 and a current ratio of 0.74.

Dominion Energy (NYSE:D) last posted its quarterly earnings data on Friday, November 1st. The utilities provider reported $0.98 EPS for the quarter, beating the consensus estimate of $0.93 by $0.05. The business had revenue of $3.94 billion for the quarter, compared to the consensus estimate of $4.18 billion. Dominion Energy had a return on equity of 8.35% and a net margin of 16.95%. Dominion Energy’s revenue for the quarter was up 3.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.77 earnings per share. As a group, equities analysts forecast that Dominion Energy, Inc. will post 2.76 earnings per share for the current year.

Dominion Energy Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 20th. Shareholders of record on Friday, November 29th were given a dividend of $0.6675 per share. The ex-dividend date of this dividend was Friday, November 29th. This represents a $2.67 dividend on an annualized basis and a yield of 4.82%. Dominion Energy’s dividend payout ratio is presently 93.68%.

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.