Dominion Energy, Inc. (NYSE:D) Shares Sold by Cypress Wealth Services LLC


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Cypress Wealth Services LLC cut its position in Dominion Energy, Inc. (NYSE:D) by 16.6% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,992 shares of the utilities provider’s stock after selling 995 shares during the quarter. Cypress Wealth Services LLC’s holdings in Dominion Energy were worth $379,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the company. Probity Advisors Inc. acquired a new stake in shares of Dominion Energy during the first quarter worth $325,000. J.W. Cole Advisors Inc. increased its stake in Dominion Energy by 16.8% during the 1st quarter. J.W. Cole Advisors Inc. now owns 28,504 shares of the utilities provider’s stock valued at $2,165,000 after buying an additional 4,102 shares during the period. JGP Wealth Management LLC increased its stake in Dominion Energy by 1.1% during the 1st quarter. JGP Wealth Management LLC now owns 13,104 shares of the utilities provider’s stock valued at $995,000 after buying an additional 137 shares during the period. Front Row Advisors LLC increased its stake in Dominion Energy by 13.7% during the 1st quarter. Front Row Advisors LLC now owns 9,050 shares of the utilities provider’s stock valued at $687,000 after buying an additional 1,090 shares during the period. Finally, Chicago Partners Investment Group LLC increased its stake in Dominion Energy by 5.0% during the 1st quarter. Chicago Partners Investment Group LLC now owns 6,885 shares of the utilities provider’s stock valued at $542,000 after buying an additional 327 shares during the period. Institutional investors and hedge funds own 67.06% of the company’s stock.

In other Dominion Energy news, Director Mark J. Kington acquired 2,000 shares of the business’s stock in a transaction that occurred on Thursday, March 4th. The shares were purchased at an average price of $69.29 per share, with a total value of $138,580.00. 0.26% of the stock is currently owned by company insiders.

D has been the subject of several research reports. Credit Suisse Group raised their price objective on shares of Dominion Energy from $80.00 to $90.00 and gave the company an “outperform” rating in a research report on Tuesday, April 27th. Wells Fargo & Company upgraded shares of Dominion Energy from an “equal weight” rating to an “overweight” rating and raised their price objective for the company from $80.00 to $83.00 in a research report on Tuesday, January 26th. KeyCorp raised their price objective on shares of Dominion Energy from $80.00 to $82.00 and gave the company an “overweight” rating in a research report on Tuesday, April 27th. Evercore ISI upgraded shares of Dominion Energy from an “in-line” rating to an “outperform” rating in a research report on Thursday, January 21st. Finally, TheStreet upgraded shares of Dominion Energy from a “c+” rating to a “b-” rating in a research report on Thursday, April 22nd. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and ten have assigned a buy rating to the company’s stock. Dominion Energy presently has a consensus rating of “Buy” and a consensus target price of $83.79.

D stock opened at $80.37 on Tuesday. The company has a debt-to-equity ratio of 1.29, a quick ratio of 1.04 and a current ratio of 1.13. The stock has a market cap of $64.78 billion, a P/E ratio of -4,018.50, a P/E/G ratio of 3.74 and a beta of 0.30. The firm has a 50 day simple moving average of $76.69 and a 200 day simple moving average of $75.97. Dominion Energy, Inc. has a 52 week low of $67.85 and a 52 week high of $87.34.

Dominion Energy (NYSE:D) last posted its quarterly earnings results on Thursday, February 11th. The utilities provider reported $0.81 EPS for the quarter, topping the consensus estimate of $0.80 by $0.01. The business had revenue of $3.52 billion during the quarter, compared to analysts’ expectations of $3.54 billion. Dominion Energy had a net margin of 0.10% and a return on equity of 12.19%. The firm’s quarterly revenue was down 9.6% compared to the same quarter last year. During the same period last year, the company posted $1.18 earnings per share. Sell-side analysts predict that Dominion Energy, Inc. will post 3.63 EPS for the current year.

Dominion Energy Profile

Dominion Energy, Inc produces and distributes energy. The company operates through four segments: Dominion Energy Virginia, Gas Distribution, Dominion Energy South Carolina, and Contracted Assets. The Dominion Energy Virginia segment generates, transmits, and distributes regulated electricity to residential, commercial, industrial, and governmental customers in Virginia and North Carolina.

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Institutional Ownership by Quarter for Dominion Energy (NYSE:D)

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