HL Financial Services LLC Has $2.39 Million Holdings in Dominion Energy Inc (D)

HL Financial Services LLC lifted its holdings in shares of Dominion Energy Inc (NYSE:D) by 46.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 29,422 shares of the utilities provider’s stock after buying an additional 9,270 shares during the quarter. HL Financial Services LLC’s holdings in Dominion Energy were worth $2,385,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in D. Beach Investment Management LLC. acquired a new position in Dominion Energy in the 2nd quarter valued at $226,000. Riverhead Capital Management LLC grew its holdings in Dominion Energy by 3.1% in the 2nd quarter. Riverhead Capital Management LLC now owns 7,797 shares of the utilities provider’s stock valued at $598,000 after buying an additional 237 shares in the last quarter. Stephens Inc. AR grew its holdings in Dominion Energy by 12.8% in the 2nd quarter. Stephens Inc. AR now owns 151,889 shares of the utilities provider’s stock valued at $11,639,000 after buying an additional 17,194 shares in the last quarter. Raymond James Trust N.A. grew its holdings in Dominion Energy by 7.5% in the 2nd quarter. Raymond James Trust N.A. now owns 47,885 shares of the utilities provider’s stock valued at $3,669,000 after buying an additional 3,323 shares in the last quarter. Finally, Capital Wealth Planning LLC grew its holdings in Dominion Energy by 3,141.4% in the 2nd quarter. Capital Wealth Planning LLC now owns 198,245 shares of the utilities provider’s stock valued at $15,172,000 after buying an additional 192,129 shares in the last quarter. 64.61% of the stock is owned by institutional investors and hedge funds.

In other Dominion Energy news, Director John W. Harris sold 2,665 shares of Dominion Energy stock in a transaction that occurred on Tuesday, November 6th. The stock was sold at an average price of $80.60, for a total value of $214,799.00. Following the transaction, the director now directly owns 13,282 shares in the company, valued at approximately $1,070,529.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director John W. Harris sold 11,254 shares of Dominion Energy stock in a transaction that occurred on Thursday, June 14th. The shares were sold at an average price of $79.94, for a total value of $899,644.76. Following the completion of the transaction, the director now owns 13,282 shares in the company, valued at $1,061,763.08. The disclosure for this sale can be found here. 0.37% of the stock is currently owned by company insiders.

D has been the subject of a number of research analyst reports. Zacks Investment Research cut Dominion Energy from a “buy” rating to a “hold” rating in a report on Thursday, January 18th. Gabelli reissued a “hold” rating on shares of Dominion Energy in a research note on Wednesday, November 1st. Bank of America set a $87.00 target price on Dominion Energy and gave the stock a “buy” rating in a research note on Wednesday, January 3rd. Citigroup increased their target price on Dominion Energy from $76.00 to $78.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 17th. Finally, KeyCorp reissued a “hold” rating on shares of Dominion Energy in a research note on Friday, October 20th. Eleven research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Dominion Energy has a consensus rating of “Hold” and a consensus price target of $82.09.

Dominion Energy Inc (NYSE:D) traded up $1.07 during mid-day trading on Friday, reaching $74.38. The company’s stock had a trading volume of 4,619,250 shares, compared to its average volume of 5,210,000. The company has a quick ratio of 0.29, a current ratio of 0.47 and a debt-to-equity ratio of 1.67. The firm has a market cap of $47,870.00, a price-to-earnings ratio of 15.15, a P/E/G ratio of 2.60 and a beta of 0.20. Dominion Energy Inc has a 52 week low of $71.82 and a 52 week high of $85.30.

Dominion Energy (NYSE:D) last issued its earnings results on Monday, January 29th. The utilities provider reported $0.91 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.02. Dominion Energy had a return on equity of 12.99% and a net margin of 24.92%. The business had revenue of $3.21 billion for the quarter, compared to analyst estimates of $3.47 billion. During the same quarter last year, the company earned $0.99 EPS. The business’s quarterly revenue was up 4.0% on a year-over-year basis. equities analysts anticipate that Dominion Energy Inc will post 4.04 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 20th. Stockholders of record on Friday, March 2nd will be given a dividend of $0.835 per share. This represents a $3.34 annualized dividend and a dividend yield of 4.49%. The ex-dividend date is Thursday, March 1st. This is a positive change from Dominion Energy’s previous quarterly dividend of $0.77. Dominion Energy’s dividend payout ratio (DPR) is 62.73%.

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Dominion Energy Profile

Dominion Energy, Inc, formerly Dominion Resources, Inc, is a producer and transporter of energy. Dominion is focused on its investment in regulated electric generation, transmission and distribution and regulated natural gas transmission and distribution infrastructure. It operates through three segments: Dominion Virginia Power operating segment (DVP), Dominion Generation, Dominion Energy, and Corporate and Other.

Institutional Ownership by Quarter for Dominion Energy (NYSE:D)

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