Dominion Energy, Inc. (NYSE:D) Shares Sold by Rothschild Investment LLC

Rothschild Investment LLC cut its holdings in Dominion Energy, Inc. (NYSE:D) by 3.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 28,184 shares of the utilities provider’s stock after selling 976 shares during the period. Rothschild Investment LLC’s holdings in Dominion Energy were worth $1,518,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the business. RWC Asset Management LLP grew its stake in Dominion Energy by 117.7% during the fourth quarter. RWC Asset Management LLP now owns 582,044 shares of the utilities provider’s stock worth $31,349,000 after buying an additional 314,652 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund purchased a new stake in Dominion Energy during the 4th quarter worth $8,343,000. Ascent Wealth Partners LLC increased its holdings in Dominion Energy by 2.5% in the 4th quarter. Ascent Wealth Partners LLC now owns 21,683 shares of the utilities provider’s stock valued at $1,168,000 after purchasing an additional 525 shares in the last quarter. Howard Capital Management Inc. raised its position in Dominion Energy by 17.0% in the fourth quarter. Howard Capital Management Inc. now owns 6,922 shares of the utilities provider’s stock valued at $373,000 after purchasing an additional 1,007 shares during the period. Finally, TCW Group Inc. lifted its stake in shares of Dominion Energy by 2.6% during the fourth quarter. TCW Group Inc. now owns 11,748 shares of the utilities provider’s stock worth $633,000 after purchasing an additional 294 shares in the last quarter. Hedge funds and other institutional investors own 73.04% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on D shares. The Goldman Sachs Group reiterated a “neutral” rating and issued a $61.00 target price on shares of Dominion Energy in a research note on Friday, November 8th. Scotiabank increased 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 report on Thursday, December 12th. Finally, Morgan Stanley initiated coverage on shares of Dominion Energy in a research report on Monday, December 2nd. They set an “equal weight” rating and a $61.00 target price on the stock. Eleven investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $56.58.

Dominion Energy Trading Down 1.0 %

NYSE:D opened at $56.85 on Tuesday. Dominion Energy, Inc. has a 52 week low of $44.17 and a 52 week high of $61.97. 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 $47.75 billion, a PE ratio of 21.05, a P/E/G ratio of 1.22 and a beta of 0.61. The business’s 50 day moving average is $54.64 and its two-hundred day moving average is $56.39.

Dominion Energy (NYSE:D) last released its quarterly earnings data on Wednesday, February 12th. The utilities provider reported $0.58 EPS for the quarter, topping analysts’ consensus estimates of $0.54 by $0.04. Dominion Energy had a net margin of 16.22% and a return on equity of 8.99%. On average, analysts predict that Dominion Energy, Inc. will post 3.39 EPS for the current year.

Dominion Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Friday, February 28th will be paid a dividend of $0.6675 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $2.67 annualized dividend and a yield of 4.70%. Dominion Energy’s dividend payout ratio (DPR) is 98.89%.

Dominion Energy Company 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.