Dominion Energy, Inc. (NYSE:D) Shares Acquired by John G Ullman & Associates Inc.

John G Ullman & Associates Inc. lifted its stake in shares of Dominion Energy, Inc. (NYSE:D) by 520.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 90,491 shares of the utilities provider’s stock after purchasing an additional 75,913 shares during the period. John G Ullman & Associates Inc.’s holdings in Dominion Energy were worth $4,874,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. BankPlus Trust Department purchased a new stake in shares of Dominion Energy during the fourth quarter worth about $26,000. Roble Belko & Company Inc purchased a new stake in shares of Dominion Energy during the fourth quarter worth about $27,000. Sanctuary Wealth Management L.L.C. purchased a new stake in shares of Dominion Energy during the third quarter worth about $28,000. Frazier Financial Advisors LLC purchased a new stake in shares of Dominion Energy during the third quarter worth about $32,000. Finally, Dunhill Financial LLC grew its stake in Dominion Energy by 601.2% during the 3rd quarter. Dunhill Financial LLC now owns 568 shares of the utilities provider’s stock valued at $33,000 after acquiring an additional 487 shares in the last quarter. Hedge funds and other institutional investors own 73.04% of the company’s stock.

Dominion Energy Stock Up 0.2 %

D stock opened at $56.60 on Friday. Dominion Energy, Inc. has a 52 week low of $44.17 and a 52 week high of $61.97. The company has a market cap of $47.54 billion, a P/E ratio of 20.96, a P/E/G ratio of 1.22 and a beta of 0.61. The company has a current ratio of 0.74, a quick ratio of 0.58 and a debt-to-equity ratio of 1.42. The company’s 50-day moving average price is $54.94 and its 200 day moving average price is $56.44.

Dominion Energy (NYSE:D) last announced its quarterly earnings results on Wednesday, February 12th. The utilities provider reported $0.58 earnings per share (EPS) for the quarter, beating 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%. On average, research analysts expect that Dominion Energy, Inc. will post 3.39 earnings per share for the current fiscal year.

Dominion Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Friday, February 28th will be given a dividend of $0.6675 per share. This represents a $2.67 annualized dividend and a yield of 4.72%. The ex-dividend date of this dividend is Friday, February 28th. Dominion Energy’s dividend payout ratio (DPR) is 98.89%.

Analyst Ratings Changes

Several brokerages recently issued reports on D. Scotiabank upped their price objective on shares of Dominion Energy from $58.00 to $61.00 and gave the company a “sector perform” rating in a research note on Thursday, December 12th. Morgan Stanley began coverage on shares of Dominion Energy in a research note on Monday, December 2nd. They set an “equal weight” rating and a $61.00 price objective for the company. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating and set a $61.00 price objective on shares of Dominion Energy in a research note on Friday, November 8th. Eleven equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, Dominion Energy presently has a consensus rating of “Hold” and a consensus 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.