ICW Investment Advisors LLC Has $396,000 Stock Holdings in Dominion Energy, Inc. (NYSE:D)

ICW Investment Advisors LLC lowered its stake in Dominion Energy, Inc. (NYSE:D) by 18.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,348 shares of the utilities provider’s stock after selling 1,639 shares during the period. ICW Investment Advisors LLC’s holdings in Dominion Energy were worth $396,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of D. Congress Wealth Management LLC DE raised its stake in Dominion Energy by 4.6% during the fourth quarter. Congress Wealth Management LLC DE now owns 190,074 shares of the utilities provider’s stock worth $10,237,000 after buying an additional 8,349 shares during the last quarter. Crowley Wealth Management Inc. purchased a new position in Dominion Energy during the fourth quarter worth about $270,000. Vanguard Group Inc. raised its position in Dominion Energy by 0.8% in the fourth quarter. Vanguard Group Inc. now owns 89,513,956 shares of the utilities provider’s stock worth $4,821,222,000 after acquiring an additional 674,859 shares during the period. Blueprint Investment Partners LLC bought a new stake in Dominion Energy in the fourth quarter worth about $328,000. Finally, Optimum Investment Advisors raised its position in shares of Dominion Energy by 557.2% in the fourth quarter. Optimum Investment Advisors now owns 3,700 shares of the utilities provider’s stock valued at $199,000 after purchasing an additional 3,137 shares during the period. Institutional investors own 73.04% of the company’s stock.

Dominion Energy Stock Down 0.9 %

Shares of NYSE D opened at $54.51 on Monday. The company has a current ratio of 0.74, a quick ratio of 0.58 and a debt-to-equity ratio of 1.42. Dominion Energy, Inc. has a 12 month low of $46.56 and a 12 month high of $61.97. The firm has a market capitalization of $46.44 billion, a PE ratio of 20.19, a price-to-earnings-growth ratio of 1.22 and a beta of 0.59. The firm has a fifty day simple moving average of $55.19 and a two-hundred day simple moving average of $56.29.

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

Dominion Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th. Shareholders of record on Friday, February 28th were issued a $0.6675 dividend. The ex-dividend date was Friday, February 28th. This represents a $2.67 annualized dividend and a yield of 4.90%. Dominion Energy’s dividend payout ratio (DPR) is presently 98.89%.

Analyst Ratings Changes

D has been the topic of a number of analyst reports. Scotiabank upped their target price on shares of Dominion Energy from $58.00 to $61.00 and gave the stock a “sector perform” rating in a report on Thursday, December 12th. Morgan Stanley boosted their price target on shares of Dominion Energy from $60.00 to $63.00 and gave the stock an “equal weight” rating in a research note on Thursday. UBS Group boosted their price target on shares of Dominion Energy from $58.00 to $60.00 and gave the stock a “neutral” rating in a research note on Friday. Finally, JPMorgan Chase & Co. boosted their price target on shares of Dominion Energy from $58.00 to $59.00 and gave the stock a “neutral” rating in a research note on Tuesday, March 11th. Twelve research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus 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.