Prudent Man Advisors LLC Trims Position in Dominion Energy, Inc. (NYSE:D)

Prudent Man Advisors LLC lowered its holdings in shares of Dominion Energy, Inc. (NYSE:DGet Rating) by 13.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,821 shares of the utilities provider’s stock after selling 1,514 shares during the quarter. Prudent Man Advisors LLC’s holdings in Dominion Energy were worth $772,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of the stock. Accurate Wealth Management LLC boosted its holdings in shares of Dominion Energy by 4.2% in the fourth quarter. Accurate Wealth Management LLC now owns 3,137 shares of the utilities provider’s stock valued at $241,000 after acquiring an additional 125 shares during the period. Pinnacle Associates Ltd. raised its position in Dominion Energy by 0.4% during the fourth quarter. Pinnacle Associates Ltd. now owns 36,300 shares of the utilities provider’s stock valued at $2,852,000 after buying an additional 128 shares during the period. Capital Advisors Ltd. LLC boosted its stake in Dominion Energy by 4.4% during the 4th quarter. Capital Advisors Ltd. LLC now owns 3,035 shares of the utilities provider’s stock valued at $238,000 after purchasing an additional 129 shares during the period. Delta Asset Management LLC TN boosted its stake in Dominion Energy by 1.4% in the fourth quarter. Delta Asset Management LLC TN now owns 9,289 shares of the utilities provider’s stock worth $730,000 after purchasing an additional 129 shares in the last quarter. Finally, Flagship Harbor Advisors LLC raised its position in Dominion Energy by 2.7% in the 4th quarter. Flagship Harbor Advisors LLC now owns 4,947 shares of the utilities provider’s stock valued at $389,000 after buying an additional 129 shares during the last quarter. 68.39% of the stock is currently owned by institutional investors.

A number of equities analysts have recently commented on D shares. The Goldman Sachs Group lowered Dominion Energy from a “neutral” rating to a “sell” rating and set a $72.00 price target for the company. in a report on Thursday, January 13th. Morgan Stanley raised their price target on shares of Dominion Energy from $87.00 to $94.00 and gave the stock an “equal weight” rating in a report on Wednesday, April 20th. 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 research note on Wednesday, April 20th. Barclays began coverage on shares of Dominion Energy in a research report on Tuesday, January 25th. They set an “equal weight” rating and a $86.00 price objective for the company. Finally, StockNews.com assumed coverage on shares of Dominion Energy in a report on Thursday, March 31st. They set a “hold” rating on the stock. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $85.25.

NYSE:D traded down $0.12 on Thursday, reaching $82.90. The stock had a trading volume of 4,053,423 shares, compared to its average volume of 3,293,944. Dominion Energy, Inc. has a 1-year low of $70.37 and a 1-year high of $88.78. The company has a quick ratio of 0.65, a current ratio of 0.84 and a debt-to-equity ratio of 1.47. The stock has a fifty day moving average price of $84.01 and a 200-day moving average price of $79.67. The company has a market capitalization of $67.25 billion, a P/E ratio of 23.19, a price-to-earnings-growth ratio of 3.35 and a beta of 0.41.

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

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 20th. Shareholders of record on Friday, June 3rd will be given a $0.6675 dividend. This represents a $2.67 dividend on an annualized basis and a dividend yield of 3.22%. The ex-dividend date is Thursday, June 2nd. Dominion Energy’s payout ratio is 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.

Featured Stories

Want to see what other hedge funds are holding D? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dominion Energy, Inc. (NYSE:DGet Rating).

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

Receive News & Ratings for Dominion Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dominion Energy and related companies with MarketBeat.com's FREE daily email newsletter.