Tower Research Capital LLC TRC increased its position in Dominion Energy Inc (NYSE:D) by 1,400.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,338 shares of the utilities provider’s stock after buying an additional 9,649 shares during the period. Tower Research Capital LLC TRC’s holdings in Dominion Energy were worth $838,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently modified their holdings of D. Green Square Capital LLC grew its stake in shares of Dominion Energy by 11.1% in the 2nd quarter. Green Square Capital LLC now owns 7,974 shares of the utilities provider’s stock valued at $611,000 after buying an additional 797 shares during the period. Carret Asset Management LLC grew its stake in shares of Dominion Energy by 10.2% in the 2nd quarter. Carret Asset Management LLC now owns 46,983 shares of the utilities provider’s stock valued at $3,600,000 after buying an additional 4,364 shares during the period. Sciencast Management LP acquired a new stake in shares of Dominion Energy in the 2nd quarter valued at about $269,000. Cubist Systematic Strategies LLC boosted its stake in Dominion Energy by 36.5% during the 2nd quarter. Cubist Systematic Strategies LLC now owns 21,935 shares of the utilities provider’s stock valued at $1,681,000 after purchasing an additional 5,866 shares during the last quarter. Finally, Blue Edge Capital LLC boosted its stake in Dominion Energy by 12.1% during the 2nd quarter. Blue Edge Capital LLC now owns 16,278 shares of the utilities provider’s stock valued at $1,247,000 after purchasing an additional 1,756 shares during the last quarter. Institutional investors own 65.34% of the company’s stock.
Dominion Energy Inc (NYSE:D) opened at $75.80 on Tuesday. Dominion Energy Inc has a 12 month low of $72.80 and a 12 month high of $85.30. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.29 and a current ratio of 0.47. The stock has a market capitalization of $48,780.00, a PE ratio of 22.43, a price-to-earnings-growth ratio of 2.65 and a beta of 0.20.
The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 20th. Shareholders of record on Friday, March 2nd will be given a dividend of $0.835 per share. The ex-dividend date is Thursday, March 1st. This represents a $3.34 annualized dividend and a dividend yield of 4.41%. This is a boost from Dominion Energy’s previous quarterly dividend of $0.77. Dominion Energy’s dividend payout ratio (DPR) is currently 91.12%.
A number of research firms have issued reports on D. Bank of America cut their price target on Dominion Energy from $80.00 to $79.00 and set a “buy” rating for the company in a research note on Wednesday, February 7th. UBS Group began coverage on Dominion Energy in a research note on Friday, February 2nd. They set a “buy” rating and a $85.00 price target for the company. Gabelli reiterated a “hold” rating on shares of Dominion Energy in a research note on Wednesday, November 1st. Hilliard Lyons upgraded Dominion Energy from a “neutral” rating to a “buy” rating and set a $86.00 price target for the company in a research note on Tuesday, January 30th. Finally, JPMorgan Chase & Co. upgraded Dominion Energy from a “neutral” rating to an “overweight” rating and set a $82.00 price target for the company in a research note on Thursday, December 14th. Eleven equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $82.09.
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 shares were sold at an average price of $80.60, for a total transaction of $214,799.00. Following the transaction, the director now owns 13,282 shares of the company’s stock, valued at approximately $1,070,529.20. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director John W. Harris sold 11,254 shares of Dominion Energy stock in a transaction that occurred on Thursday, June 14th. The stock was sold at an average price of $79.94, for a total transaction of $899,644.76. Following the transaction, the director now directly owns 13,282 shares in the company, valued at approximately $1,061,763.08. The disclosure for this sale can be found here. 0.37% of the stock is owned by company insiders.
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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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