American Capital Advisory LLC Purchases 318 Shares of Dominion Energy, Inc. (NYSE:D)

by · The Cerbat Gem

American Capital Advisory LLC raised its holdings in Dominion Energy, Inc. (NYSE:D – Free Report) by 40.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,108 shares of the utilities provider’s stock after buying an additional 318 shares during the quarter. American Capital Advisory LLC’s holdings in Dominion Energy were worth $64,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Caprock Group LLC increased its holdings in Dominion Energy by 133.0% in the 2nd quarter. Caprock Group LLC now owns 9,679 shares of the utilities provider’s stock valued at $474,000 after buying an additional 5,525 shares during the period. SG Americas Securities LLC boosted its stake in shares of Dominion Energy by 105.0% in the 1st quarter. SG Americas Securities LLC now owns 97,105 shares of the utilities provider’s stock valued at $4,777,000 after purchasing an additional 49,740 shares in the last quarter. Pathway Financial Advisers LLC boosted its stake in shares of Dominion Energy by 351.8% in the 3rd quarter. Pathway Financial Advisers LLC now owns 48,176 shares of the utilities provider’s stock valued at $2,784,000 after purchasing an additional 37,514 shares in the last quarter. Intech Investment Management LLC acquired a new stake in shares of Dominion Energy in the 1st quarter valued at $708,000. Finally, QRG Capital Management Inc. acquired a new stake in shares of Dominion Energy in the 1st quarter valued at $272,000. Institutional investors own 73.04% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on D. JPMorgan Chase & Co. upped their price target on shares of Dominion Energy from $54.00 to $57.00 and gave the stock a “neutral” rating in a research report on Monday, August 12th. Barclays upped their price target on shares of Dominion Energy from $54.00 to $58.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 15th. Scotiabank upped their price target on shares of Dominion Energy from $48.00 to $58.00 and gave the stock a “sector perform” rating in a research report on Tuesday, August 20th. Jefferies Financial Group began coverage on shares of Dominion Energy in a research report on Friday, September 20th. They set a “hold” rating and a $58.00 price target on the stock. Finally, BMO Capital Markets upped their price target on shares of Dominion Energy from $53.00 to $57.00 and gave the stock a “market perform” rating in a research report on Monday, August 5th. Nine investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to MarketBeat, Dominion Energy presently has a consensus rating of “Hold” and a consensus target price of $55.40.

Read Our Latest Analysis on Dominion Energy

Dominion Energy Stock Down 2.1 %

Shares of D traded down $1.23 during mid-day trading on Wednesday, hitting $57.36. 1,052,229 shares of the company’s stock were exchanged, compared to its average volume of 4,389,698. The company has a market cap of $48.18 billion, a PE ratio of 20.56, a P/E/G ratio of 1.53 and a beta of 0.59. Dominion Energy, Inc. has a 52 week low of $43.53 and a 52 week high of $61.97. The company has a 50-day simple moving average of $57.94 and a 200 day simple moving average of $54.27. The company has a debt-to-equity ratio of 1.42, a current ratio of 0.74 and a quick ratio of 0.78.

Dominion Energy (NYSE:D – Get Free Report) last issued its quarterly earnings results on Friday, November 1st. The utilities provider reported $0.98 earnings per share for the quarter, topping the consensus estimate of $0.93 by $0.05. The company had revenue of $3.94 billion during the quarter, compared to analysts’ expectations of $4.18 billion. Dominion Energy had a net margin of 16.95% and a return on equity of 8.35%. The business’s quarterly revenue was up 3.4% on a year-over-year basis. During the same period last year, the business earned $0.77 EPS. On average, research analysts forecast that Dominion Energy, Inc. will post 2.76 earnings per share for the current fiscal year.

Dominion Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 20th. Stockholders of record on Friday, November 29th will be issued a $0.6675 dividend. This represents a $2.67 annualized dividend and a dividend yield of 4.65%. The ex-dividend date is Friday, November 29th. Dominion Energy’s payout ratio is presently 93.68%.

Dominion Energy Company Profile

(Free Report)

Dominion Energy, Inc produces and distributes energy in the United States. It operates through three operating segments: Dominion Energy Virginia, Dominion Energy South Carolina, and Contracted Energy. The Dominion Energy Virginia segment generates, transmits, and distributes regulated electricity to approximately 2.8 million residential, commercial, industrial, and governmental customers in Virginia and North Carolina.

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