1,884 Shares in Dominion Energy, Inc. (NYSE:D) Bought by Crewe Advisors LLC

Crewe Advisors LLC acquired a new stake in Dominion Energy, Inc. (NYSE:D) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 1,884 shares of the utilities provider’s stock, valued at approximately $93,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Arlington Capital Management Inc. lifted its stake in shares of Dominion Energy by 1.2% during the 1st quarter. Arlington Capital Management Inc. now owns 16,476 shares of the utilities provider’s stock valued at $810,000 after buying an additional 197 shares in the last quarter. Ridgewood Investments LLC lifted its stake in shares of Dominion Energy by 0.9% during the 1st quarter. Ridgewood Investments LLC now owns 24,536 shares of the utilities provider’s stock valued at $1,207,000 after buying an additional 210 shares in the last quarter. Lantz Financial LLC lifted its stake in shares of Dominion Energy by 4.0% during the 1st quarter. Lantz Financial LLC now owns 5,823 shares of the utilities provider’s stock valued at $286,000 after buying an additional 222 shares in the last quarter. Seneca House Advisors lifted its stake in shares of Dominion Energy by 2.0% during the 1st quarter. Seneca House Advisors now owns 11,355 shares of the utilities provider’s stock valued at $559,000 after buying an additional 228 shares in the last quarter. Finally, Choreo LLC lifted its stake in shares of Dominion Energy by 4.7% during the 1st quarter. Choreo LLC now owns 5,157 shares of the utilities provider’s stock valued at $254,000 after buying an additional 230 shares in the last quarter. 73.04% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on D. Wells Fargo & Company upped their target price on shares of Dominion Energy from $51.00 to $55.00 and gave the stock an “equal weight” rating in a report on Friday, May 3rd. Barclays decreased their target price on shares of Dominion Energy from $50.00 to $49.00 and set an “overweight” rating on the stock in a report on Monday, April 15th. BMO Capital Markets decreased their target price on shares of Dominion Energy from $52.00 to $51.00 and set a “market perform” rating on the stock in a report on Tuesday, July 9th. Mizuho upped their target price on shares of Dominion Energy from $45.00 to $52.00 and gave the stock a “neutral” rating in a report on Friday, May 3rd. Finally, StockNews.com raised shares of Dominion Energy from a “sell” rating to a “hold” rating in a report on Friday, May 10th. Ten analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $51.64.

Dominion Energy Trading Up 0.8 %

D traded up $0.44 during trading on Friday, hitting $52.74. 402,256 shares of the stock traded hands, compared to its average volume of 4,654,562. The firm has a market capitalization of $44.17 billion, a P/E ratio of 26.96, a price-to-earnings-growth ratio of 1.40 and a beta of 0.58. The company has a debt-to-equity ratio of 1.37, a current ratio of 1.05 and a quick ratio of 0.94. The firm has a 50-day moving average of $51.17 and a 200 day moving average of $49.10. Dominion Energy, Inc. has a 12-month low of $39.18 and a 12-month high of $54.30.

Dominion Energy (NYSE:D) last posted its earnings results on Thursday, May 2nd. The utilities provider reported $0.55 EPS for the quarter, topping the consensus estimate of $0.51 by $0.04. Dominion Energy had a net margin of 11.57% and a return on equity of 7.50%. The firm had revenue of $3.63 billion during the quarter, compared to analysts’ expectations of $4.34 billion. During the same period last year, the company posted $0.99 EPS. The company’s quarterly revenue was down 6.5% compared to the same quarter last year. Equities research analysts anticipate that Dominion Energy, Inc. will post 2.75 EPS for the current year.

Dominion Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 20th. Shareholders of record on Friday, May 31st were paid a dividend of $0.6675 per share. The ex-dividend date of this dividend was Friday, May 31st. This represents a $2.67 dividend on an annualized basis and a yield of 5.06%. Dominion Energy’s dividend payout ratio is currently 137.63%.

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.