Bank of New Hampshire Has $417,000 Stock Holdings in Dominion Energy, Inc. (NYSE:D)

Bank of New Hampshire lowered its stake in Dominion Energy, Inc. (NYSE:D) by 14.5% during the fourth quarter, Holdings Channel.com reports. The fund owned 7,745 shares of the utilities provider’s stock after selling 1,317 shares during the period. Bank of New Hampshire’s holdings in Dominion Energy were worth $417,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Sanctuary Wealth Management L.L.C. bought a new stake in Dominion Energy during the third quarter worth $28,000. Frazier Financial Advisors LLC bought a new stake in shares of Dominion Energy in the 3rd quarter valued at about $32,000. Dunhill Financial LLC lifted its stake in Dominion Energy by 601.2% in the 3rd quarter. Dunhill Financial LLC now owns 568 shares of the utilities provider’s stock valued at $33,000 after purchasing an additional 487 shares during the last quarter. Larson Financial Group LLC grew its holdings in Dominion Energy by 282.4% during the third quarter. Larson Financial Group LLC now owns 608 shares of the utilities provider’s stock worth $35,000 after purchasing an additional 449 shares during the period. Finally, Kimelman & Baird LLC acquired a new position in Dominion Energy during the second quarter worth approximately $36,000. Institutional investors own 73.04% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. Jefferies Financial Group started coverage on Dominion Energy in a research report on Friday, September 20th. They issued a “hold” rating and a $58.00 price objective for the company. Scotiabank lifted their price objective 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 started coverage on shares of 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 set a $61.00 target price on shares of Dominion Energy in a report on Friday, November 8th. Finally, Barclays increased their price target on shares of Dominion Energy from $54.00 to $58.00 and gave the company an “overweight” rating in a report on Tuesday, October 15th. Eleven investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $56.58.

Dominion Energy Price Performance

Shares of D stock traded up $0.49 during trading on Tuesday, hitting $54.15. The company had a trading volume of 189,971 shares, compared to its average volume of 2,725,140. The stock’s 50-day moving average price is $56.20 and its 200 day moving average price is $55.49. 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 quick ratio of 0.58 and a current ratio of 0.74. The firm has a market capitalization of $45.49 billion, a P/E ratio of 19.00, a price-to-earnings-growth ratio of 1.44 and a beta of 0.60.

Dominion Energy (NYSE:D) last released its earnings results on Friday, November 1st. The utilities provider reported $0.98 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.93 by $0.05. The company had revenue of $3.94 billion for the quarter, compared to analyst estimates of $4.18 billion. Dominion Energy had a return on equity of 8.35% and a net margin of 16.95%. Dominion Energy’s quarterly revenue was up 3.4% on a year-over-year basis. During the same period in the prior year, the firm posted $0.77 EPS. Equities analysts expect that Dominion Energy, Inc. will post 2.75 EPS for the current fiscal year.

Dominion Energy Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, December 20th. Stockholders of record on Friday, November 29th were given a $0.6675 dividend. This represents a $2.67 annualized dividend and a dividend yield of 4.93%. The ex-dividend date of this dividend was Friday, November 29th. Dominion Energy’s payout ratio 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.