Dominion Energy, Inc. (NYSE:D) Shares Bought by Whittier Trust Co. of Nevada Inc.

Whittier Trust Co. of Nevada Inc. grew its stake in shares of Dominion Energy, Inc. (NYSE:D) by 3.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 9,695 shares of the utilities provider’s stock after acquiring an additional 361 shares during the period. Whittier Trust Co. of Nevada Inc.’s holdings in Dominion Energy were worth $522,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Teacher Retirement System of Texas raised its position in shares of Dominion Energy by 781.8% during the 4th quarter. Teacher Retirement System of Texas now owns 49,485 shares of the utilities provider’s stock worth $2,665,000 after purchasing an additional 43,873 shares during the last quarter. Sandy Spring Bank raised its position in shares of Dominion Energy by 6.0% during the 4th quarter. Sandy Spring Bank now owns 50,620 shares of the utilities provider’s stock worth $2,726,000 after purchasing an additional 2,857 shares during the last quarter. Royal London Asset Management Ltd. raised its position in shares of Dominion Energy by 20.9% during the 4th quarter. Royal London Asset Management Ltd. now owns 251,604 shares of the utilities provider’s stock worth $13,551,000 after purchasing an additional 43,541 shares during the last quarter. Generali Investments Management Co LLC acquired a new position in shares of Dominion Energy during the 4th quarter worth approximately $2,412,000. Finally, Xponance Inc. raised its position in shares of Dominion Energy by 2.7% during the 4th quarter. Xponance Inc. now owns 119,411 shares of the utilities provider’s stock worth $6,431,000 after purchasing an additional 3,182 shares during the last quarter. 73.04% of the stock is currently owned by institutional investors and hedge funds.

Dominion Energy Stock Down 0.9 %

Shares of NYSE D opened at $54.51 on Friday. Dominion Energy, Inc. has a 52-week low of $46.56 and a 52-week high of $61.97. The firm has a fifty day moving average of $55.19 and a 200-day moving average of $56.30. The stock has a market capitalization of $46.44 billion, a PE ratio of 20.19, a P/E/G ratio of 1.22 and a beta of 0.58. The company has a quick ratio of 0.58, a current ratio of 0.74 and a debt-to-equity ratio of 1.42.

Dominion Energy (NYSE:D) last announced its quarterly earnings data on Wednesday, February 12th. The utilities provider reported $0.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.54 by $0.04. Dominion Energy had a net margin of 16.22% and a return on equity of 8.99%. On average, analysts anticipate that Dominion Energy, Inc. will post 3.39 EPS for the current year.

Dominion Energy Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Friday, February 28th were given a dividend of $0.6675 per share. The ex-dividend date of this dividend was Friday, February 28th. This represents a $2.67 dividend on an annualized basis and a yield of 4.90%. Dominion Energy’s dividend payout ratio (DPR) is 98.89%.

Analyst Upgrades and Downgrades

D has been the subject of several research reports. JPMorgan Chase & Co. lifted their price objective on Dominion Energy from $58.00 to $59.00 and gave the stock a “neutral” rating in a research report on Tuesday, March 11th. UBS Group lifted their price objective on Dominion Energy from $58.00 to $60.00 and gave the stock a “neutral” rating in a research report on Friday. Morgan Stanley boosted their price target on Dominion Energy from $60.00 to $63.00 and gave the company an “equal weight” rating in a report on Thursday. Finally, Scotiabank boosted their price target on Dominion Energy from $58.00 to $61.00 and gave the company a “sector perform” rating in a report on Thursday, December 12th. Twelve analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $57.58.

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.