Lion Street Advisors LLC Has $242,000 Holdings in Dominion Energy, Inc. (NYSE:D)

Lion Street Advisors LLC cut its stake in Dominion Energy, Inc. (NYSE:D) by 4.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,489 shares of the utilities provider’s stock after selling 191 shares during the period. Lion Street Advisors LLC’s holdings in Dominion Energy were worth $242,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of D. AQR Capital Management LLC raised its stake in shares of Dominion Energy by 201.9% in the second quarter. AQR Capital Management LLC now owns 33,747 shares of the utilities provider’s stock valued at $1,654,000 after purchasing an additional 22,567 shares in the last quarter. Czech National Bank raised its stake in shares of Dominion Energy by 7.0% in the 3rd quarter. Czech National Bank now owns 170,900 shares of the utilities provider’s stock valued at $9,876,000 after buying an additional 11,171 shares in the last quarter. Miracle Mile Advisors LLC lifted its holdings in shares of Dominion Energy by 1.3% during the 3rd quarter. Miracle Mile Advisors LLC now owns 17,646 shares of the utilities provider’s stock worth $1,020,000 after acquiring an additional 230 shares during the period. Chesley Taft & Associates LLC boosted its position in shares of Dominion Energy by 2.7% during the 3rd quarter. Chesley Taft & Associates LLC now owns 15,997 shares of the utilities provider’s stock valued at $924,000 after acquiring an additional 420 shares in the last quarter. Finally, Atomi Financial Group Inc. increased its stake in Dominion Energy by 12.2% in the third quarter. Atomi Financial Group Inc. now owns 9,650 shares of the utilities provider’s stock valued at $558,000 after acquiring an additional 1,050 shares during the period. 73.04% of the stock is currently owned by institutional investors and hedge funds.

Dominion Energy Stock Up 0.2 %

Shares of NYSE D opened at $54.08 on Thursday. Dominion Energy, Inc. has a 12-month low of $43.53 and a 12-month high of $61.97. The firm’s 50-day simple moving average is $54.81 and its 200 day simple moving average is $56.17. The company has a quick ratio of 0.58, a current ratio of 0.74 and a debt-to-equity ratio of 1.42. The company has a market cap of $45.43 billion, a price-to-earnings ratio of 18.97, a price-to-earnings-growth ratio of 1.21 and a beta of 0.61.

Dominion Energy Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Friday, February 28th will be given a dividend of $0.6675 per share. The ex-dividend date is Friday, February 28th. This represents a $2.67 dividend on an annualized basis and a dividend yield of 4.94%. Dominion Energy’s payout ratio is 93.68%.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on D shares. Barclays raised their price target on shares of Dominion Energy from $54.00 to $58.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 15th. Scotiabank raised their target price on Dominion Energy from $58.00 to $61.00 and gave the stock a “sector perform” rating in a research report on Thursday, December 12th. The Goldman Sachs Group reiterated a “neutral” rating and issued a $61.00 price target on shares of Dominion Energy in a research report on Friday, November 8th. Finally, Morgan Stanley assumed coverage on Dominion Energy in a report on Monday, December 2nd. They set an “equal weight” rating and a $61.00 price objective for the company. Eleven research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $56.58.

About Dominion Energy

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.