Czech National Bank raised its holdings in shares of Dominion Energy Inc. (NYSE:D – Free Report) by 3.9% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 225,163 shares of the utilities provider’s stock after buying an additional 8,408 shares during the period. Czech National Bank’s holdings in Dominion Energy were worth $13,192,000 as of its most recent SEC filing.
Several other institutional investors also recently modified their holdings of D. Brighton Jones LLC raised its position in shares of Dominion Energy by 64.3% during the fourth quarter. Brighton Jones LLC now owns 9,081 shares of the utilities provider’s stock worth $489,000 after purchasing an additional 3,553 shares during the period. Empowered Funds LLC boosted its position in shares of Dominion Energy by 8.3% in the 1st quarter. Empowered Funds LLC now owns 17,571 shares of the utilities provider’s stock valued at $985,000 after purchasing an additional 1,344 shares during the period. Woodline Partners LP boosted its position in shares of Dominion Energy by 40.7% in the 1st quarter. Woodline Partners LP now owns 70,968 shares of the utilities provider’s stock valued at $3,979,000 after purchasing an additional 20,522 shares during the period. Intech Investment Management LLC increased its stake in Dominion Energy by 71.2% in the 1st quarter. Intech Investment Management LLC now owns 30,460 shares of the utilities provider’s stock worth $1,708,000 after purchasing an additional 12,663 shares in the last quarter. Finally, Schnieders Capital Management LLC. increased its stake in Dominion Energy by 9.5% in the 2nd quarter. Schnieders Capital Management LLC. now owns 124,573 shares of the utilities provider’s stock worth $7,041,000 after purchasing an additional 10,775 shares in the last quarter. Institutional investors own 73.04% of the company’s stock.
Dominion Energy Trading Up 0.4%
Shares of NYSE D opened at $60.89 on Friday. The company has a current ratio of 0.77, a quick ratio of 0.59 and a debt-to-equity ratio of 1.36. Dominion Energy Inc. has a one year low of $48.07 and a one year high of $67.57. The business has a 50-day moving average price of $62.47 and a two-hundred day moving average price of $60.87. The firm has a market capitalization of $53.52 billion, a PE ratio of 17.70, a PEG ratio of 1.64 and a beta of 0.71.
Dominion Energy Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Friday, February 27th were paid a $0.6675 dividend. This represents a $2.67 annualized dividend and a yield of 4.4%. The ex-dividend date was Friday, February 27th. Dominion Energy’s dividend payout ratio is currently 77.62%.
Analysts Set New Price Targets
A number of analysts have commented on the stock. Wells Fargo & Company reduced their price objective on shares of Dominion Energy from $67.00 to $64.00 and set an “overweight” rating for the company in a research note on Tuesday, January 20th. Scotiabank boosted their price target on shares of Dominion Energy from $63.00 to $67.00 and gave the company a “sector perform” rating in a report on Monday, March 2nd. Barclays reduced their price target on shares of Dominion Energy from $64.00 to $63.00 and set an “overweight” rating for the company in a research report on Thursday, January 22nd. Mizuho raised their price objective on shares of Dominion Energy from $62.00 to $66.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 24th. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Dominion Energy from $62.00 to $59.00 and set an “underweight” rating on the stock in a research report on Thursday, December 11th. Three investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $65.20.
View Our Latest Stock Report on Dominion Energy
About Dominion Energy
Dominion Energy, Inc, headquartered in Richmond, Virginia, is a diversified energy company that primarily operates regulated electricity and natural gas utilities and develops energy infrastructure. The company’s core activities include the generation, transmission and distribution of electricity to residential, commercial and industrial customers, as well as the purchase, storage and delivery of natural gas. Dominion combines traditional utility operations with energy infrastructure businesses to provide essential services across its service territories.
Dominion’s electricity portfolio spans multiple technologies and fuel sources, including nuclear, natural gas-fired generation and renewable resources such as utility-scale solar and wind.
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