United Advisor Group LLC Has $575,000 Holdings in Dominion Energy, Inc. (NYSE:D)

United Advisor Group LLC lifted its stake in shares of Dominion Energy, Inc. (NYSE:D) by 87.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,955 shares of the utilities provider’s stock after acquiring an additional 4,644 shares during the period. United Advisor Group LLC’s holdings in Dominion Energy were worth $575,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in D. Mirae Asset Global Investments Co. Ltd. boosted its position in shares of Dominion Energy by 17.8% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 152,020 shares of the utilities provider’s stock worth $7,523,000 after buying an additional 22,982 shares during the period. Choreo LLC raised its holdings in shares of Dominion Energy by 4.7% in the first quarter. Choreo LLC now owns 5,157 shares of the utilities provider’s stock valued at $254,000 after purchasing an additional 230 shares during the last quarter. BI Asset Management Fondsmaeglerselskab A S lifted its position in shares of Dominion Energy by 11.9% in the first quarter. BI Asset Management Fondsmaeglerselskab A S now owns 30,957 shares of the utilities provider’s stock worth $1,523,000 after purchasing an additional 3,304 shares in the last quarter. Commerce Bank boosted its holdings in Dominion Energy by 4.8% during the first quarter. Commerce Bank now owns 143,094 shares of the utilities provider’s stock worth $7,039,000 after purchasing an additional 6,595 shares during the last quarter. Finally, Richardson Financial Services Inc. boosted its holdings in Dominion Energy by 8.0% during the first quarter. Richardson Financial Services Inc. now owns 3,666 shares of the utilities provider’s stock worth $180,000 after purchasing an additional 271 shares during the last quarter. 73.04% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. Barclays boosted their price target on shares of Dominion Energy from $54.00 to $58.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 15th. Scotiabank raised their price target on Dominion Energy from $48.00 to $58.00 and gave the company a “sector perform” rating in a research note on Tuesday, August 20th. Jefferies Financial Group assumed coverage on Dominion Energy in a research report on Friday, September 20th. They set a “hold” rating and a $58.00 price target on the stock. JPMorgan Chase & Co. increased their price objective on Dominion Energy from $54.00 to $57.00 and gave the company a “neutral” rating in a report on Monday, August 12th. Finally, BMO Capital Markets boosted their target price on shares of Dominion Energy from $53.00 to $57.00 and gave the stock a “market perform” rating in a report on Monday, August 5th. Nine equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat.com, Dominion Energy has an average rating of “Hold” and a consensus price target of $55.40.

Dominion Energy Trading Up 1.7 %

D stock opened at $58.59 on Wednesday. The stock has a market cap of $49.22 billion, a price-to-earnings ratio of 20.56, a price-to-earnings-growth ratio of 1.53 and a beta of 0.59. The company has a fifty day moving average price of $57.94 and a two-hundred day moving average price of $54.27. Dominion Energy, Inc. has a one year low of $43.53 and a one year high of $61.97. The company has a debt-to-equity ratio of 1.42, a current ratio of 0.74 and a quick ratio of 0.78.

Dominion Energy (NYSE:D) last announced its quarterly earnings results on Friday, November 1st. The utilities provider reported $0.98 EPS for the quarter, beating analysts’ consensus estimates of $0.93 by $0.05. The business had revenue of $3.94 billion for the quarter, compared to analyst estimates of $4.18 billion. Dominion Energy had a net margin of 16.95% and a return on equity of 8.35%. Dominion Energy’s quarterly revenue was up 3.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.77 EPS. Equities analysts anticipate that Dominion Energy, Inc. will post 2.76 EPS for the current year.

Dominion Energy Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, December 20th. Investors of record on Friday, November 29th will be paid a $0.6675 dividend. The ex-dividend date of this dividend is Friday, November 29th. This represents a $2.67 annualized dividend and a yield of 4.56%. Dominion Energy’s dividend payout ratio (DPR) is presently 93.68%.

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.