Banco Santander S.A. Lowers Position in Dominion Energy, Inc. (NYSE:D)

Banco Santander S.A. decreased its stake in Dominion Energy, Inc. (NYSE:D) by 23.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,781 shares of the utilities provider’s stock after selling 1,182 shares during the quarter. Banco Santander S.A.’s holdings in Dominion Energy were worth $204,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in D. Aviance Capital Partners LLC purchased a new position in shares of Dominion Energy during the 4th quarter valued at $254,000. Oak Hill Wealth Advisors LLC raised its holdings in Dominion Energy by 208.6% during the fourth quarter. Oak Hill Wealth Advisors LLC now owns 9,789 shares of the utilities provider’s stock valued at $527,000 after acquiring an additional 18,799 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its position in shares of Dominion Energy by 21.6% in the fourth quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 7,199 shares of the utilities provider’s stock valued at $388,000 after acquiring an additional 1,279 shares in the last quarter. Callan Family Office LLC bought a new position in shares of Dominion Energy in the fourth quarter worth about $263,000. Finally, Vestmark Advisory Solutions Inc. grew its position in shares of Dominion Energy by 14.2% during the fourth quarter. Vestmark Advisory Solutions Inc. now owns 39,719 shares of the utilities provider’s stock worth $2,139,000 after purchasing an additional 4,939 shares in the last quarter. Institutional investors own 73.04% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently commented on the company. Scotiabank upped their price target on Dominion Energy from $58.00 to $61.00 and gave the stock a “sector perform” rating in a research note on Thursday, December 12th. Morgan Stanley started coverage on shares of Dominion Energy in a research report on Monday, December 2nd. They set an “equal weight” rating and a $61.00 target price for the company. Eleven research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $57.00.

Dominion Energy Trading Up 2.2 %

D opened at $56.43 on Tuesday. The stock has a 50-day moving average of $55.10 and a 200 day moving average of $56.40. The company has a current ratio of 0.74, a quick ratio of 0.58 and a debt-to-equity ratio of 1.42. Dominion Energy, Inc. has a 12 month low of $46.56 and a 12 month high of $61.97. The firm has a market cap of $48.08 billion, a P/E ratio of 20.90, a P/E/G ratio of 1.22 and a beta of 0.59.

Dominion Energy (NYSE:D) last announced its earnings results on Wednesday, February 12th. The utilities provider reported $0.58 EPS for the quarter, topping analysts’ consensus estimates of $0.54 by $0.04. Dominion Energy had a return on equity of 8.99% and a net margin of 16.22%. As a group, research analysts forecast that Dominion Energy, Inc. will post 3.39 EPS for the current year.

Dominion Energy Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Friday, February 28th will be paid a $0.6675 dividend. This represents a $2.67 annualized dividend and a dividend yield of 4.73%. The ex-dividend date is Friday, February 28th. Dominion Energy’s dividend payout ratio is currently 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.