Dominion Energy, Inc. (NYSE:D) Stock Holdings Lessened by Cape Cod Five Cents Savings Bank

Cape Cod Five Cents Savings Bank lowered its stake in Dominion Energy, Inc. (NYSE:DGet Rating) by 8.4% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,284 shares of the utilities provider’s stock after selling 302 shares during the period. Cape Cod Five Cents Savings Bank’s holdings in Dominion Energy were worth $258,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Keudell Morrison Wealth Management raised its stake in Dominion Energy by 19.5% during the 3rd quarter. Keudell Morrison Wealth Management now owns 7,329 shares of the utilities provider’s stock valued at $535,000 after purchasing an additional 1,196 shares during the period. First Horizon Advisors Inc. raised its stake in Dominion Energy by 698.9% during the 3rd quarter. First Horizon Advisors Inc. now owns 5,760 shares of the utilities provider’s stock valued at $462,000 after purchasing an additional 5,039 shares during the period. CIBC Asset Management Inc raised its stake in Dominion Energy by 10.9% during the 3rd quarter. CIBC Asset Management Inc now owns 116,962 shares of the utilities provider’s stock valued at $8,539,000 after purchasing an additional 11,520 shares during the period. Beacon Investment Advisory Services Inc. raised its stake in Dominion Energy by 48.3% during the 3rd quarter. Beacon Investment Advisory Services Inc. now owns 4,300 shares of the utilities provider’s stock valued at $314,000 after purchasing an additional 1,400 shares during the period. Finally, Sawtooth Solutions LLC raised its stake in Dominion Energy by 11.4% during the 3rd quarter. Sawtooth Solutions LLC now owns 9,363 shares of the utilities provider’s stock valued at $684,000 after purchasing an additional 960 shares during the period. 68.39% of the stock is currently owned by institutional investors.

Several research firms have recently commented on D. KeyCorp boosted their price target on shares of Dominion Energy from $90.00 to $92.00 and gave the company an “overweight” rating in a report on Wednesday, April 20th. Morgan Stanley boosted their price target on shares of Dominion Energy from $87.00 to $94.00 and gave the company an “equal weight” rating in a report on Wednesday, April 20th. StockNews.com assumed coverage on shares of Dominion Energy in a report on Thursday, March 31st. They set a “hold” rating on the stock. Barclays started coverage on shares of Dominion Energy in a report on Tuesday, January 25th. They issued an “equal weight” rating and a $86.00 price objective for the company. Finally, The Goldman Sachs Group cut Dominion Energy from a “neutral” rating to a “sell” rating and set a $72.00 price objective for the company. in a research report on Thursday, January 13th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating to the company. According to MarketBeat, Dominion Energy currently has an average rating of “Hold” and a consensus target price of $85.25.

NYSE D traded down $0.16 during mid-day trading on Thursday, reaching $82.86. 178,786 shares of the stock were exchanged, compared to its average volume of 3,285,467. The company has a debt-to-equity ratio of 1.47, a current ratio of 0.84 and a quick ratio of 0.65. The stock has a market cap of $67.22 billion, a P/E ratio of 23.19, a P/E/G ratio of 3.35 and a beta of 0.41. The stock has a 50 day simple moving average of $84.01 and a 200-day simple moving average of $79.67. Dominion Energy, Inc. has a one year low of $70.37 and a one year high of $88.78.

Dominion Energy (NYSE:DGet Rating) last posted its quarterly earnings results on Thursday, May 5th. The utilities provider reported $1.18 EPS for the quarter, missing analysts’ consensus estimates of $1.19 by ($0.01). The company had revenue of $4.28 billion during the quarter, compared to analyst estimates of $4.31 billion. Dominion Energy had a return on equity of 13.09% and a net margin of 20.81%. The company’s revenue for the quarter was up 10.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.09 earnings per share. Sell-side analysts anticipate that Dominion Energy, Inc. will post 4.12 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 20th. Stockholders of record on Friday, June 3rd will be issued a dividend of $0.6675 per share. This represents a $2.67 dividend on an annualized basis and a dividend yield of 3.22%. Dominion Energy’s dividend payout ratio is currently 74.58%.

Dominion Energy Company Profile (Get Rating)

Dominion Energy, Inc produces and distributes energy. The company operates through four segments: Dominion Energy Virginia, Gas Distribution, Dominion Energy South Carolina, and Contracted Assets. The Dominion Energy Virginia segment generates, transmits, and distributes regulated electricity to residential, commercial, industrial, and governmental customers in Virginia and North Carolina.

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

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