Dominion Energy, Inc. (NYSE:D) Shares Sold by GW Henssler & Associates Ltd.

GW Henssler & Associates Ltd. lessened its position in Dominion Energy, Inc. (NYSE:D) by 1.2% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 532,865 shares of the utilities provider’s stock after selling 6,634 shares during the quarter. Dominion Energy makes up about 1.9% of GW Henssler & Associates Ltd.’s holdings, making the stock its 15th biggest holding. GW Henssler & Associates Ltd.’s holdings in Dominion Energy were worth $30,794,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the business. Sanctuary Wealth Management L.L.C. acquired a new position in shares of Dominion Energy during the third quarter worth approximately $28,000. Roble Belko & Company Inc bought a new stake in Dominion Energy in the fourth quarter valued at $27,000. Frazier Financial Advisors LLC bought a new position in Dominion Energy during the 3rd quarter valued at about $32,000. Dunhill Financial LLC boosted its holdings in shares of Dominion Energy by 601.2% in the 3rd quarter. Dunhill Financial LLC now owns 568 shares of the utilities provider’s stock worth $33,000 after acquiring an additional 487 shares in the last quarter. Finally, Larson Financial Group LLC grew its holdings in shares of Dominion Energy by 282.4% during the third quarter. Larson Financial Group LLC now owns 608 shares of the utilities provider’s stock worth $35,000 after purchasing an additional 449 shares during the last quarter. 73.04% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

Dominion Energy Stock Down 0.6 %

Shares of NYSE D opened at $55.47 on Monday. The company has a debt-to-equity ratio of 1.42, a current ratio of 0.74 and a quick ratio of 0.58. The stock has a market capitalization of $46.60 billion, a PE ratio of 19.46, a P/E/G ratio of 1.21 and a beta of 0.61. Dominion Energy, Inc. has a one year low of $43.53 and a one year high of $61.97. The business’s fifty day moving average price is $54.96 and its 200-day moving average price is $56.09.

Dominion Energy (NYSE:D) last posted its 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. Dominion Energy had a return on equity of 8.35% and a net margin of 16.95%. The business had revenue of $3.94 billion during the quarter, compared to analysts’ expectations of $4.18 billion. During the same period in the previous year, the business earned $0.77 earnings per share. The firm’s revenue was up 3.4% on a year-over-year basis. On average, equities research analysts anticipate that Dominion Energy, Inc. will post 2.75 EPS for the current year.

Dominion Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Friday, February 28th will be issued a $0.6675 dividend. The ex-dividend date is Friday, February 28th. This represents a $2.67 annualized dividend and a dividend yield of 4.81%. Dominion Energy’s dividend payout ratio is currently 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.