2,469 Shares in Dominion Energy, Inc. (NYSE:D) Purchased by Crews Bank & Trust

Crews Bank & Trust purchased a new stake in Dominion Energy, Inc. (NYSE:D) in the 4th quarter, Holdings Channel reports. The firm purchased 2,469 shares of the utilities provider’s stock, valued at approximately $133,000.

A number of other institutional investors and hedge funds also recently modified their holdings of D. Roble Belko & Company Inc acquired a new stake in shares of Dominion Energy in the fourth quarter worth approximately $27,000. Sanctuary Wealth Management L.L.C. purchased a new position in Dominion Energy during the third quarter worth approximately $28,000. Frazier Financial Advisors LLC acquired a new position in shares of Dominion Energy in the 3rd quarter valued at $32,000. Dunhill Financial LLC grew its stake in shares of Dominion Energy by 601.2% during the 3rd quarter. Dunhill Financial LLC now owns 568 shares of the utilities provider’s stock valued at $33,000 after buying an additional 487 shares during the period. Finally, Larson Financial Group LLC increased its holdings in shares of Dominion Energy by 282.4% during the 3rd quarter. Larson Financial Group LLC now owns 608 shares of the utilities provider’s stock worth $35,000 after buying an additional 449 shares during the last quarter. Institutional investors and hedge funds own 73.04% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently weighed in on D shares. The Goldman Sachs Group reiterated a “neutral” rating and issued a $61.00 target price on shares of Dominion Energy in a report on Friday, November 8th. Scotiabank lifted their price objective on Dominion Energy from $58.00 to $61.00 and gave the company a “sector perform” rating in a research note on Thursday, December 12th. Barclays increased their target price on shares of Dominion Energy from $54.00 to $58.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 15th. Finally, Morgan Stanley initiated coverage on shares of Dominion Energy in a research report on Monday, December 2nd. They set an “equal weight” rating and a $61.00 price target on the stock. Eleven equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $56.58.

Dominion Energy Price Performance

D opened at $55.47 on Friday. Dominion Energy, Inc. has a twelve month low of $43.53 and a twelve month high of $61.97. 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 firm has a market cap of $46.60 billion, a price-to-earnings ratio of 19.46, a PEG ratio of 1.20 and a beta of 0.60. The company has a fifty day simple moving average of $55.01 and a 200 day simple moving average of $56.02.

Dominion Energy (NYSE:D) last released its quarterly earnings results on Friday, November 1st. The utilities provider reported $0.98 EPS for the quarter, topping the consensus estimate of $0.93 by $0.05. The business had revenue of $3.94 billion for the quarter, compared to analysts’ expectations of $4.18 billion. Dominion Energy had a return on equity of 8.35% and a net margin of 16.95%. The company’s revenue was up 3.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.77 earnings per share. Equities research analysts expect that Dominion Energy, Inc. will post 2.75 EPS for the current fiscal year.

Dominion Energy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 20th. Shareholders of record on Friday, February 28th will be given a $0.6675 dividend. This represents a $2.67 dividend on an annualized basis and a dividend yield of 4.81%. The ex-dividend date of this dividend is Friday, February 28th. Dominion Energy’s payout ratio is 93.68%.

About 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.