Dominion Energy Inc (D) Shares Bought by Smith Moore & CO.

Smith Moore & CO. lifted its holdings in shares of Dominion Energy Inc (NYSE:D) by 10.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 11,523 shares of the utilities provider’s stock after purchasing an additional 1,064 shares during the quarter. Smith Moore & CO.’s holdings in Dominion Energy were worth $934,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. BlackRock Inc. boosted its holdings in Dominion Energy by 4.4% during the 4th quarter. BlackRock Inc. now owns 45,032,247 shares of the utilities provider’s stock valued at $3,650,316,000 after acquiring an additional 1,902,352 shares during the period. Wells Fargo & Company MN boosted its holdings in Dominion Energy by 4.0% during the 3rd quarter. Wells Fargo & Company MN now owns 6,355,070 shares of the utilities provider’s stock valued at $488,896,000 after acquiring an additional 244,870 shares during the period. Bank of New York Mellon Corp boosted its holdings in Dominion Energy by 1.8% during the 4th quarter. Bank of New York Mellon Corp now owns 4,976,622 shares of the utilities provider’s stock valued at $403,404,000 after acquiring an additional 90,236 shares during the period. Legal & General Group Plc boosted its holdings in Dominion Energy by 6.0% during the 3rd quarter. Legal & General Group Plc now owns 4,475,084 shares of the utilities provider’s stock valued at $344,260,000 after acquiring an additional 253,699 shares during the period. Finally, Commonwealth Bank of Australia boosted its holdings in Dominion Energy by 0.9% during the 3rd quarter. Commonwealth Bank of Australia now owns 4,247,763 shares of the utilities provider’s stock valued at $325,607,000 after acquiring an additional 36,643 shares during the period. Institutional investors and hedge funds own 65.34% of the company’s stock.

D has been the topic of a number of analyst reports. Hilliard Lyons raised Dominion Energy from a “neutral” rating to a “buy” rating and set a $86.00 price target on the stock in a research report on Tuesday, January 30th. Bank of America raised Dominion Energy from a “neutral” rating to a “buy” rating in a research report on Wednesday, November 22nd. JPMorgan Chase & Co. raised Dominion Energy from a “neutral” rating to an “overweight” rating and set a $82.00 price target on the stock in a research report on Thursday, December 14th. UBS Group initiated coverage on Dominion Energy in a research report on Friday, February 2nd. They issued a “buy” rating and a $85.00 price target on the stock. Finally, Morgan Stanley increased their price target on Dominion Energy from $85.00 to $87.00 and gave the company an “equal weight” rating in a research report on Wednesday, December 13th. Eleven investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $82.09.

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

Shares of Dominion Energy Inc (NYSE:D) opened at $75.80 on Monday. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.29 and a current ratio of 0.47. Dominion Energy Inc has a 12-month low of $72.80 and a 12-month high of $85.30. The firm has a market capitalization of $48,858.50, a PE ratio of 15.44, a PEG ratio of 2.65 and a beta of 0.20.

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. research analysts forecast that Dominion Energy Inc will post 4.05 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 4.41%. 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 Company 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.

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

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