Dominion Energy, Inc. (NYSE:D) Stock Holdings Lessened by Burke & Herbert Bank & Trust Co.

Burke & Herbert Bank & Trust Co. lessened its holdings in shares of Dominion Energy, Inc. (NYSE:D) by 5.1% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 20,375 shares of the utilities provider’s stock after selling 1,106 shares during the period. Burke & Herbert Bank & Trust Co.’s holdings in Dominion Energy were worth $1,097,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of D. Creative Planning lifted its stake in Dominion Energy by 2.1% in the third quarter. Creative Planning now owns 240,979 shares of the utilities provider’s stock valued at $13,926,000 after buying an additional 4,922 shares during the last quarter. Vontobel Holding Ltd. bought a new stake in Dominion Energy in the 3rd quarter valued at about $389,000. Howard Capital Management Group LLC acquired a new position in Dominion Energy during the 3rd quarter valued at about $210,000. Aaron Wealth Advisors LLC bought a new position in Dominion Energy in the 3rd quarter worth about $233,000. Finally, Stratos Wealth Advisors LLC increased its stake in shares of Dominion Energy by 1.8% in the third quarter. Stratos Wealth Advisors LLC now owns 11,431 shares of the utilities provider’s stock valued at $661,000 after purchasing an additional 204 shares during the period. Institutional investors and hedge funds own 73.04% of the company’s stock.

Dominion Energy Stock Performance

NYSE:D opened at $55.58 on Monday. The company has a current ratio of 0.74, a quick ratio of 0.58 and a debt-to-equity ratio of 1.42. The company has a 50-day moving average of $54.42 and a 200-day moving average of $56.33. Dominion Energy, Inc. has a twelve month low of $44.17 and a twelve month high of $61.97. The firm has a market cap of $46.68 billion, a price-to-earnings ratio of 19.50, a price-to-earnings-growth ratio of 1.18 and a beta of 0.61.

Dominion Energy (NYSE:D) last posted its quarterly earnings results on Wednesday, February 12th. The utilities provider reported $0.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.54 by $0.04. Dominion Energy had a return on equity of 8.35% and a net margin of 16.95%. 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 declared a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Friday, February 28th will be given a $0.6675 dividend. The ex-dividend date is Friday, February 28th. This represents a $2.67 dividend on an annualized basis and a dividend yield of 4.80%. Dominion Energy’s dividend payout ratio (DPR) is 93.68%.

Wall Street Analyst Weigh In

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

Dominion Energy Profile

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.