American Capital Advisory LLC Has $64,000 Stock Holdings in Dominion Energy, Inc. (NYSE:D)

American Capital Advisory LLC raised its holdings in shares of Dominion Energy, Inc. (NYSE:D) by 40.3% in the 3rd quarter, HoldingsChannel reports. The firm owned 1,108 shares of the utilities provider’s stock after buying an additional 318 shares during the period. American Capital Advisory LLC’s holdings in Dominion Energy were worth $64,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently added to or reduced their stakes in the company. Caprock Group LLC increased its position in Dominion Energy by 133.0% during the 2nd quarter. Caprock Group LLC now owns 9,679 shares of the utilities provider’s stock worth $474,000 after buying an additional 5,525 shares during the period. SG Americas Securities LLC increased its position in Dominion Energy by 105.0% during the 1st quarter. SG Americas Securities LLC now owns 97,105 shares of the utilities provider’s stock worth $4,777,000 after buying an additional 49,740 shares during the period. Pathway Financial Advisers LLC increased its position in Dominion Energy by 351.8% during the 3rd quarter. Pathway Financial Advisers LLC now owns 48,176 shares of the utilities provider’s stock worth $2,784,000 after buying an additional 37,514 shares during the period. Intech Investment Management LLC bought a new position in Dominion Energy during the 1st quarter worth $708,000. Finally, QRG Capital Management Inc. bought a new position in Dominion Energy during the 1st quarter worth $272,000. Institutional investors own 73.04% of the company’s stock.

Dominion Energy Price Performance

Dominion Energy stock traded down $1.23 during midday trading on Wednesday, reaching $57.36. The company’s stock had a trading volume of 1,052,229 shares, compared to its average volume of 4,389,698. Dominion Energy, Inc. has a 52 week low of $43.53 and a 52 week high of $61.97. The company has a current ratio of 0.74, a quick ratio of 0.78 and a debt-to-equity ratio of 1.42. The business has a 50-day moving average price of $57.94 and a 200-day moving average price of $54.27. The stock has a market cap of $48.18 billion, a PE ratio of 20.56, a price-to-earnings-growth ratio of 1.53 and a beta of 0.59.

Dominion Energy (NYSE:D) last announced its quarterly earnings results on Friday, November 1st. The utilities provider reported $0.98 EPS for the quarter, beating analysts’ consensus estimates of $0.93 by $0.05. Dominion Energy had a return on equity of 8.35% and a net margin of 16.95%. The firm had revenue of $3.94 billion for the quarter, compared to analyst estimates of $4.18 billion. During the same period last year, the firm posted $0.77 earnings per share. The business’s revenue for the quarter was up 3.4% on a year-over-year basis. On average, sell-side analysts predict that Dominion Energy, Inc. will post 2.76 EPS for the current year.

Dominion Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 20th. Investors of record on Friday, November 29th will be paid a $0.6675 dividend. This represents a $2.67 dividend on an annualized basis and a dividend yield of 4.65%. The ex-dividend date of this dividend is Friday, November 29th. Dominion Energy’s dividend payout ratio is currently 93.68%.

Analyst Upgrades and Downgrades

D has been the topic of several recent research reports. Jefferies Financial Group assumed coverage on Dominion Energy in a research report on Friday, September 20th. They set a “hold” rating and a $58.00 price objective on the stock. JPMorgan Chase & Co. raised their price target on Dominion Energy from $54.00 to $57.00 and gave the stock a “neutral” rating in a research report on Monday, August 12th. BMO Capital Markets raised their price target on Dominion Energy from $53.00 to $57.00 and gave the stock a “market perform” rating in a research report on Monday, August 5th. Scotiabank raised their price target on Dominion Energy from $48.00 to $58.00 and gave the stock a “sector perform” rating in a research report on Tuesday, August 20th. Finally, Barclays raised their price target on Dominion Energy from $54.00 to $58.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 15th. Nine investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $55.40.

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.