Bill Few Associates Inc. Acquires 3,614 Shares of Dominion Energy, Inc. (NYSE:D)

Bill Few Associates Inc. boosted its stake in shares of Dominion Energy, Inc. (NYSE:D) by 6.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 60,489 shares of the utilities provider’s stock after buying an additional 3,614 shares during the quarter. Dominion Energy makes up approximately 1.1% of Bill Few Associates Inc.’s portfolio, making the stock its 26th biggest position. Bill Few Associates Inc.’s holdings in Dominion Energy were worth $3,258,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Teamwork Financial Advisors LLC bought a new stake in shares of Dominion Energy in the 4th quarter valued at $498,000. Mutual Advisors LLC boosted its position in shares of Dominion Energy by 43.9% during the 4th quarter. Mutual Advisors LLC now owns 10,923 shares of the utilities provider’s stock worth $601,000 after purchasing an additional 3,330 shares in the last quarter. Janney Montgomery Scott LLC increased its position in Dominion Energy by 2.4% in the 4th quarter. Janney Montgomery Scott LLC now owns 613,687 shares of the utilities provider’s stock valued at $33,053,000 after buying an additional 14,451 shares in the last quarter. Sharp Financial Services LLC boosted its holdings in Dominion Energy by 30.2% in the fourth quarter. Sharp Financial Services LLC now owns 10,550 shares of the utilities provider’s stock worth $568,000 after acquiring an additional 2,450 shares in the last quarter. Finally, Daymark Wealth Partners LLC grew its stake in Dominion Energy by 68.3% in the fourth quarter. Daymark Wealth Partners LLC now owns 19,987 shares of the utilities provider’s stock valued at $1,076,000 after acquiring an additional 8,109 shares during the period. Institutional investors own 73.04% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently issued reports on D. The Goldman Sachs Group reissued a “neutral” rating and issued a $61.00 price target on shares of Dominion Energy in a research report on Friday, November 8th. Morgan Stanley started coverage on shares of Dominion Energy in a research report on Monday, December 2nd. They set an “equal weight” rating and a $61.00 target price for the company. Scotiabank increased their price objective on Dominion Energy from $58.00 to $61.00 and gave the stock a “sector perform” rating in a research note on Thursday, December 12th. Finally, Barclays lifted their target price on Dominion Energy from $54.00 to $58.00 and gave the company an “overweight” rating in a research report on Tuesday, October 15th. Eleven equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Dominion Energy has an average rating of “Hold” and a consensus target price of $56.58.

Dominion Energy Stock Down 5.3 %

Shares of NYSE D opened at $52.93 on Thursday. The business’s fifty day moving average price is $55.34 and its 200-day moving average price is $55.88. Dominion Energy, Inc. has a one year low of $43.53 and a one year high of $61.97. The stock has a market capitalization of $44.46 billion, a PE ratio of 18.57, a P/E/G ratio of 1.22 and a beta of 0.60. 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 issued its earnings results on Friday, November 1st. The utilities provider reported $0.98 earnings per share for the quarter, topping analysts’ consensus estimates of $0.93 by $0.05. The firm had revenue of $3.94 billion during 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%. The company’s quarterly revenue was up 3.4% on a year-over-year basis. During the same quarter last year, the business earned $0.77 earnings per share. On average, equities research analysts anticipate that Dominion Energy, Inc. will post 2.76 EPS for the current year.

Dominion Energy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, December 20th. Stockholders of record on Friday, November 29th were issued a $0.6675 dividend. This represents a $2.67 dividend on an annualized basis and a dividend yield of 5.04%. The ex-dividend date of this dividend was Friday, November 29th. Dominion Energy’s payout ratio is currently 93.68%.

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.