SBI Securities Co. Ltd. Buys Shares of 5,421 Dominion Energy, Inc. (NYSE:D)

SBI Securities Co. Ltd. bought a new stake in Dominion Energy, Inc. (NYSE:D) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 5,421 shares of the utilities provider’s stock, valued at approximately $292,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Cape Investment Advisory Inc. boosted its holdings in Dominion Energy by 175.4% in the 4th quarter. Cape Investment Advisory Inc. now owns 471 shares of the utilities provider’s stock valued at $25,000 after purchasing an additional 300 shares during the last quarter. BankPlus Trust Department purchased a new stake in shares of Dominion Energy in the 4th quarter valued at approximately $26,000. Sanctuary Wealth Management L.L.C. purchased a new stake in shares of Dominion Energy in the 3rd quarter valued at approximately $28,000. Roble Belko & Company Inc purchased a new stake in shares of Dominion Energy in the 4th quarter valued at approximately $27,000. Finally, Frazier Financial Advisors LLC purchased a new stake in shares of Dominion Energy in the 3rd quarter valued at approximately $32,000. 73.04% of the stock is currently owned by institutional investors and hedge funds.

Dominion Energy Trading Down 0.3 %

NYSE D opened at $54.15 on Thursday. The company has a quick ratio of 0.58, a current ratio of 0.74 and a debt-to-equity ratio of 1.42. Dominion Energy, Inc. has a 52 week low of $46.43 and a 52 week high of $61.97. The stock has a market capitalization of $46.14 billion, a PE ratio of 20.06, a price-to-earnings-growth ratio of 1.22 and a beta of 0.58. The firm has a 50 day moving average of $55.03 and a two-hundred day moving average of $56.43.

Dominion Energy (NYSE:D) last posted its quarterly earnings results on Wednesday, February 12th. The utilities provider reported $0.58 EPS for the quarter, topping the consensus estimate of $0.54 by $0.04. Dominion Energy had a net margin of 16.22% and a return on equity of 8.99%. As a group, research analysts expect that Dominion Energy, Inc. will post 3.39 EPS for the current fiscal year.

Dominion Energy Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Shareholders of record on Friday, February 28th will be issued a dividend of $0.6675 per share. This represents a $2.67 annualized dividend and a yield of 4.93%. The ex-dividend date of this dividend is Friday, February 28th. Dominion Energy’s dividend payout ratio (DPR) is presently 98.89%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. The Goldman Sachs Group reissued a “neutral” rating and issued a $61.00 price target on shares of Dominion Energy in a research note on Friday, November 8th. Morgan Stanley assumed coverage on shares of Dominion Energy in a research note on Monday, December 2nd. They issued an “equal weight” rating and a $61.00 price target on the stock. Finally, Scotiabank boosted their price target 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 investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $57.00.

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.