Dominion Energy, Inc. (NYSE:D) Shares Acquired by Sigma Planning Corp

Sigma Planning Corp raised its stake in shares of Dominion Energy, Inc. (NYSE:D) by 3.9% in the 4th quarter, HoldingsChannel.com reports. The firm owned 24,114 shares of the utilities provider’s stock after purchasing an additional 910 shares during the quarter. Sigma Planning Corp’s holdings in Dominion Energy were worth $1,299,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Roble Belko & Company Inc acquired a new stake in shares of Dominion Energy during the 4th quarter worth $27,000. Sanctuary Wealth Management L.L.C. purchased a new stake in Dominion Energy during the third quarter valued at about $28,000. Frazier Financial Advisors LLC purchased a new stake in Dominion Energy during the third quarter valued at about $32,000. Dunhill Financial LLC raised its holdings in shares of Dominion Energy by 601.2% in the 3rd quarter. Dunhill Financial LLC now owns 568 shares of the utilities provider’s stock worth $33,000 after purchasing an additional 487 shares during the period. Finally, Larson Financial Group LLC lifted its stake in shares of Dominion Energy by 282.4% in the 3rd quarter. Larson Financial Group LLC now owns 608 shares of the utilities provider’s stock valued at $35,000 after purchasing an additional 449 shares in the last quarter. Hedge funds and other institutional investors own 73.04% of the company’s stock.

Dominion Energy Stock Down 1.0 %

Shares of NYSE D opened at $56.85 on Tuesday. The firm has a market cap of $47.75 billion, a price-to-earnings ratio of 21.05, a PEG 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 company has a debt-to-equity ratio of 1.42, a quick ratio of 0.58 and a current ratio of 0.74. The stock’s 50-day simple moving average is $54.64 and its 200-day simple moving average is $56.39.

Dominion Energy (NYSE:D) last announced its earnings results on Wednesday, February 12th. The utilities provider reported $0.58 earnings per share (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%. As a group, equities analysts anticipate that Dominion Energy, Inc. will post 3.39 earnings per share for the current fiscal year.

Dominion Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Shareholders of record on Friday, February 28th will be issued a dividend of $0.6675 per share. This represents a $2.67 annualized dividend and a yield of 4.70%. The ex-dividend date of this dividend is Friday, February 28th. Dominion Energy’s dividend payout ratio is currently 98.89%.

Wall Street Analysts Forecast Growth

D has been the subject of a number of research analyst reports. Scotiabank increased their target price 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 note on Monday, December 2nd. They issued an “equal weight” rating and a $61.00 target price on the stock. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating and set a $61.00 price target on shares of Dominion Energy in a research report on Friday, November 8th. Eleven investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, Dominion Energy has an average 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.