Generali Investments CEE investicni spolecnost a.s. Purchases Shares of 11,200 Dominion Energy, Inc. (NYSE:D)

Generali Investments CEE investicni spolecnost a.s. acquired a new position in Dominion Energy, Inc. (NYSE:D) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 11,200 shares of the utilities provider’s stock, valued at approximately $603,000.

A number of other institutional investors also recently made changes to their positions in D. Cape Investment Advisory Inc. increased its stake in Dominion Energy by 175.4% in the 4th quarter. Cape Investment Advisory Inc. now owns 471 shares of the utilities provider’s stock worth $25,000 after purchasing an additional 300 shares during the period. BankPlus Trust Department purchased a new position in shares of Dominion Energy in the fourth quarter worth $26,000. Roble Belko & Company Inc bought a new stake in Dominion Energy during the 4th quarter valued at $27,000. Sanctuary Wealth Management L.L.C. purchased a new stake in Dominion Energy during the 3rd quarter valued at $28,000. Finally, Frazier Financial Advisors LLC purchased a new position in shares of Dominion Energy in the third quarter valued at about $32,000. Hedge funds and other institutional investors own 73.04% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on D shares. Scotiabank increased their price objective on Dominion Energy from $58.00 to $61.00 and gave the stock a “sector perform” rating in a report on Thursday, December 12th. Morgan Stanley started coverage on Dominion Energy in a report on Monday, December 2nd. They set an “equal weight” rating and a $61.00 target price for the company. Eleven investment analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to MarketBeat, Dominion Energy presently has a consensus rating of “Hold” and a consensus price target of $57.00.

Dominion Energy Price Performance

D opened at $55.21 on Friday. 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 has a market cap of $47.04 billion, a price-to-earnings ratio of 20.45, a price-to-earnings-growth ratio of 1.22 and a beta of 0.59. The stock has a fifty day simple moving average of $55.05 and a two-hundred day simple moving average of $56.40. Dominion Energy, Inc. has a 12-month low of $46.56 and a 12-month high of $61.97.

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

Dominion Energy Dividend Announcement

The business also recently disclosed 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 dividend on an annualized basis and a yield of 4.84%. The ex-dividend date is Friday, February 28th. Dominion Energy’s dividend payout ratio (DPR) is presently 98.89%.

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.