Dominion Energy, Inc. (NYSE:D) Shares Sold by Mitsubishi UFJ Trust & Banking Corp

Mitsubishi UFJ Trust & Banking Corp decreased its holdings in shares of Dominion Energy, Inc. (NYSE:D) by 17.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,678,708 shares of the utilities provider’s stock after selling 753,788 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp owned approximately 0.44% of Dominion Energy worth $198,135,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of D. Bay Capital Advisors LLC bought a new stake in shares of Dominion Energy in the 4th quarter worth approximately $718,000. Signature Estate & Investment Advisors LLC increased its position in Dominion Energy by 9.1% in the fourth quarter. Signature Estate & Investment Advisors LLC now owns 7,977 shares of the utilities provider’s stock worth $430,000 after buying an additional 665 shares during the period. CoreFirst Bank & Trust acquired a new stake in Dominion Energy in the fourth quarter worth $42,000. Congress Wealth Management LLC DE lifted its stake in Dominion Energy by 4.6% in the fourth quarter. Congress Wealth Management LLC DE now owns 190,074 shares of the utilities provider’s stock valued at $10,237,000 after buying an additional 8,349 shares during the last quarter. Finally, Crowley Wealth Management Inc. acquired a new position in shares of Dominion Energy during the fourth quarter valued at $270,000. Institutional investors own 73.04% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on D. JPMorgan Chase & Co. increased their price objective on shares of Dominion Energy from $58.00 to $59.00 and gave the stock a “neutral” rating in a report on Tuesday, March 11th. Morgan Stanley raised their price target on shares of Dominion Energy from $60.00 to $63.00 and gave the company an “equal weight” rating in a research note on Thursday, March 20th. UBS Group lifted their price target on Dominion Energy from $58.00 to $60.00 and gave the company a “neutral” rating in a report on Friday. Finally, Scotiabank increased their price objective on Dominion Energy from $58.00 to $61.00 and gave the stock a “sector perform” rating in a report on Thursday, December 12th. Twelve investment analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $57.58.

Dominion Energy Stock Down 0.5 %

Shares of D stock opened at $54.29 on Tuesday. Dominion Energy, Inc. has a 1 year low of $46.56 and a 1 year high of $61.97. The company has a debt-to-equity ratio of 1.42, a quick ratio of 0.58 and a current ratio of 0.74. The business’s fifty day moving average is $55.21 and its 200-day moving average is $56.27. The stock has a market cap of $46.26 billion, a PE ratio of 20.11, a price-to-earnings-growth ratio of 1.22 and a beta of 0.59.

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

Dominion Energy Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Friday, February 28th were paid a dividend of $0.6675 per share. This represents a $2.67 annualized dividend and a yield of 4.92%. The ex-dividend date of this dividend was Friday, February 28th. Dominion Energy’s dividend payout ratio is presently 98.89%.

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.