First Command Advisory Services Inc. Buys 375 Shares of Dominion Energy, Inc. (NYSE:D)

First Command Advisory Services Inc. raised its stake in shares of Dominion Energy, Inc. (NYSE:D) by 7.6% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 5,330 shares of the utilities provider’s stock after purchasing an additional 375 shares during the period. First Command Advisory Services Inc.’s holdings in Dominion Energy were worth $287,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Simon Quick Advisors LLC grew its position in shares of Dominion Energy by 4.5% during the 4th quarter. Simon Quick Advisors LLC now owns 4,250 shares of the utilities provider’s stock valued at $229,000 after purchasing an additional 184 shares in the last quarter. Cobblestone Capital Advisors LLC NY increased its position in shares of Dominion Energy by 2.6% in the third quarter. Cobblestone Capital Advisors LLC NY now owns 7,786 shares of the utilities provider’s stock valued at $450,000 after acquiring an additional 195 shares during the period. Passumpsic Savings Bank lifted its holdings in Dominion Energy by 2.7% in the 3rd quarter. Passumpsic Savings Bank now owns 7,639 shares of the utilities provider’s stock worth $441,000 after buying an additional 199 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its position in shares of Dominion Energy by 3.5% during the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 5,920 shares of the utilities provider’s stock valued at $342,000 after buying an additional 200 shares during the period. Finally, Crossmark Global Holdings Inc. boosted its holdings in shares of Dominion Energy by 0.6% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 33,670 shares of the utilities provider’s stock valued at $1,946,000 after buying an additional 208 shares in the last quarter. 73.04% of the stock is owned by institutional investors.

Dominion Energy Price Performance

Shares of NYSE D opened at $57.12 on Thursday. The company has a market cap of $47.98 billion, a PE ratio of 21.16, a P/E/G ratio of 1.22 and a beta of 0.61. Dominion Energy, Inc. has a 1-year low of $44.17 and a 1-year high of $61.97. The stock has a fifty day moving average price of $54.81 and a 200 day moving average price of $56.42. The company has a debt-to-equity ratio of 1.42, a current ratio of 0.74 and a quick ratio of 0.58.

Dominion Energy (NYSE:D) last posted its quarterly earnings data on Wednesday, February 12th. The utilities provider reported $0.58 EPS for the quarter, beating 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%. Sell-side analysts forecast 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. Shareholders 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 dividend on an annualized basis and a yield of 4.67%. Dominion Energy’s dividend payout ratio (DPR) is presently 98.89%.

Analysts Set New Price Targets

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

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.