Level Four Advisory Services LLC Sells 384 Shares of Dominion Energy, Inc. (NYSE:D)

Level Four Advisory Services LLC trimmed its stake in shares of Dominion Energy, Inc. (NYSE:D) by 1.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 25,916 shares of the utilities provider’s stock after selling 384 shares during the quarter. Level Four Advisory Services LLC’s holdings in Dominion Energy were worth $1,396,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of the stock. Howard Capital Management Group LLC bought a new position in shares of Dominion Energy during the third quarter valued at about $210,000. Larson Financial Group LLC increased its holdings in Dominion Energy by 282.4% during the 3rd quarter. Larson Financial Group LLC now owns 608 shares of the utilities provider’s stock valued at $35,000 after purchasing an additional 449 shares during the period. FMR LLC raised its position in Dominion Energy by 20.5% during the 3rd quarter. FMR LLC now owns 3,800,024 shares of the utilities provider’s stock valued at $219,603,000 after purchasing an additional 647,725 shares during the last quarter. Townsquare Capital LLC lifted its holdings in Dominion Energy by 22.7% in the 3rd quarter. Townsquare Capital LLC now owns 15,683 shares of the utilities provider’s stock worth $906,000 after buying an additional 2,899 shares during the period. Finally, Glenmede Trust Co. NA grew its position in shares of Dominion Energy by 0.5% in the 3rd quarter. Glenmede Trust Co. NA now owns 112,818 shares of the utilities provider’s stock worth $6,520,000 after buying an additional 594 shares during the last quarter. 73.04% of the stock is owned by hedge funds and other institutional investors.

Dominion Energy Price Performance

Shares of NYSE:D opened at $54.98 on Friday. The business has a fifty day moving average price of $55.17 and a 200-day moving average price of $56.18. The company has a debt-to-equity ratio of 1.42, a current ratio of 0.74 and a quick ratio of 0.58. The company has a market capitalization of $46.85 billion, a PE ratio of 20.36, a PEG ratio of 1.22 and a beta of 0.59. Dominion Energy, Inc. has a 1-year low of $46.62 and a 1-year high of $61.97.

Dominion Energy (NYSE:D) last issued its earnings results on Wednesday, February 12th. The utilities provider reported $0.58 earnings per share (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, equities analysts expect that Dominion Energy, Inc. will post 3.39 EPS for the current fiscal year.

Dominion Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Friday, February 28th were issued a dividend of $0.6675 per share. This represents a $2.67 dividend on an annualized basis and a dividend yield of 4.86%. The ex-dividend date of this dividend was Friday, February 28th. Dominion Energy’s payout ratio is currently 98.89%.

Analysts Set New Price Targets

D has been the subject of a number of research analyst reports. UBS Group raised their price target on Dominion Energy from $58.00 to $60.00 and gave the stock a “neutral” rating in a research note on Friday, March 21st. Scotiabank raised their target price on shares of Dominion Energy from $58.00 to $61.00 and gave the stock a “sector perform” rating in a research report on Thursday, December 12th. Morgan Stanley lifted their target price 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. Argus raised shares of Dominion Energy to a “hold” rating in a research note on Tuesday, March 25th. Finally, JPMorgan Chase & Co. lifted their price objective on Dominion Energy from $58.00 to $59.00 and gave the company a “neutral” rating in a research report on Tuesday, March 11th. Thirteen investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $57.58.

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.