Roble Belko & Company Inc Invests $27,000 in Dominion Energy, Inc. (NYSE:D)

Roble Belko & Company Inc acquired a new stake in Dominion Energy, Inc. (NYSE:D) in the fourth quarter, Holdings Channel reports. The institutional investor acquired 500 shares of the utilities provider’s stock, valued at approximately $27,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Godsey & Gibb Inc. boosted its stake in Dominion Energy by 1.0% during the 4th quarter. Godsey & Gibb Inc. now owns 368,821 shares of the utilities provider’s stock worth $19,865,000 after acquiring an additional 3,732 shares during the last quarter. Armstrong Advisory Group Inc. raised its holdings in Dominion Energy by 4.2% in the fourth quarter. Armstrong Advisory Group Inc. now owns 10,329 shares of the utilities provider’s stock worth $556,000 after purchasing an additional 417 shares during the period. Meridian Financial Partners LLC boosted its position in shares of Dominion Energy by 1.6% during the fourth quarter. Meridian Financial Partners LLC now owns 13,970 shares of the utilities provider’s stock worth $752,000 after purchasing an additional 219 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. grew its holdings in shares of Dominion Energy by 273.8% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,753 shares of the utilities provider’s stock valued at $94,000 after buying an additional 1,284 shares during the period. Finally, San Luis Wealth Advisors LLC increased its position in shares of Dominion Energy by 17.7% in the 4th quarter. San Luis Wealth Advisors LLC now owns 14,644 shares of the utilities provider’s stock valued at $789,000 after buying an additional 2,206 shares in the last quarter. Institutional investors and hedge funds own 73.04% of the company’s stock.

Wall Street Analysts Forecast Growth

D has been the topic of several recent analyst reports. The Goldman Sachs Group reiterated a “neutral” rating and set a $61.00 target price on shares of Dominion Energy in a report on Friday, November 8th. Jefferies Financial Group started coverage on Dominion Energy in a research report on Friday, September 20th. They issued a “hold” rating and a $58.00 price objective for the company. Barclays increased their target price on Dominion Energy from $54.00 to $58.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 15th. 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, Scotiabank increased their price objective on shares of Dominion Energy from $58.00 to $61.00 and gave the stock a “sector perform” rating in a research report on Thursday, December 12th. 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, Dominion Energy presently has an average rating of “Hold” and a consensus price target of $56.58.

Dominion Energy Trading Down 0.0 %

Shares of Dominion Energy stock opened at $53.68 on Thursday. Dominion Energy, Inc. has a 12-month low of $43.53 and a 12-month high of $61.97. The company has a quick ratio of 0.58, a current ratio of 0.74 and a debt-to-equity ratio of 1.42. The business’s 50 day moving average is $55.64 and its 200-day moving average is $55.68. The stock has a market cap of $45.09 billion, a P/E ratio of 18.84, a P/E/G ratio of 1.16 and a beta of 0.60.

Dominion Energy (NYSE:D) last announced its quarterly earnings results on Friday, November 1st. The utilities provider reported $0.98 EPS for the quarter, beating analysts’ consensus estimates of $0.93 by $0.05. Dominion Energy had a net margin of 16.95% and a return on equity of 8.35%. The firm had revenue of $3.94 billion during the quarter, compared to analysts’ expectations of $4.18 billion. During the same quarter last year, the company posted $0.77 earnings per share. The company’s revenue for the quarter was up 3.4% compared to the same quarter last year. Equities research analysts predict that Dominion Energy, Inc. will post 2.76 earnings per share for the current fiscal year.

Dominion Energy Announces Dividend

The firm also recently declared 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. This represents a $2.67 dividend on an annualized basis and a yield of 4.97%. The ex-dividend date of this dividend was Friday, November 29th. Dominion Energy’s dividend payout ratio (DPR) 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.