Dominion Energy, Inc. (NYSE:D) Shares Purchased by Sigma Planning Corp

Sigma Planning Corp grew its holdings in shares of Dominion Energy, Inc. (NYSE:D) by 3.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 24,114 shares of the utilities provider’s stock after purchasing an additional 910 shares during the period. Sigma Planning Corp’s holdings in Dominion Energy were worth $1,299,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. Roble Belko & Company Inc acquired a new position in Dominion Energy during the fourth quarter worth $27,000. Sanctuary Wealth Management L.L.C. acquired a new position in shares of Dominion Energy during the 3rd quarter worth $28,000. Frazier Financial Advisors LLC purchased a new position in shares of Dominion Energy in the 3rd quarter valued at about $32,000. Dunhill Financial LLC increased its holdings in Dominion Energy by 601.2% in the third quarter. Dunhill Financial LLC now owns 568 shares of the utilities provider’s stock valued at $33,000 after buying an additional 487 shares in the last quarter. Finally, Larson Financial Group LLC increased its holdings in Dominion Energy by 282.4% in the third quarter. Larson Financial Group LLC now owns 608 shares of the utilities provider’s stock valued at $35,000 after buying an additional 449 shares in the last quarter. 73.04% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on D shares. Morgan Stanley started coverage on Dominion Energy in a report on Monday, December 2nd. They issued an “equal weight” rating and a $61.00 price target on the stock. The Goldman Sachs Group reissued a “neutral” rating and issued a $61.00 target price on shares of Dominion Energy in a report on Friday, November 8th. Finally, Scotiabank lifted 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. Eleven equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $56.58.

Dominion Energy Trading Down 1.0 %

Shares of D stock opened at $56.85 on Tuesday. The company has a market capitalization of $47.75 billion, a price-to-earnings ratio of 21.05, a PEG 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 firm has a 50-day moving average price of $54.64 and a 200 day moving average price of $56.39. Dominion Energy, Inc. has a twelve month low of $44.17 and a twelve month high of $61.97.

Dominion Energy (NYSE:D) last posted its quarterly earnings data on Wednesday, February 12th. The utilities provider reported $0.58 earnings per share for the quarter, beating analysts’ consensus estimates 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 forecast that Dominion Energy, Inc. will post 3.39 earnings per share for the current fiscal year.

Dominion Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Friday, February 28th will be issued a dividend of $0.6675 per share. This represents a $2.67 annualized dividend and a dividend yield of 4.70%. The ex-dividend date of this dividend is Friday, February 28th. Dominion Energy’s dividend payout ratio (DPR) is 98.89%.

About Dominion Energy

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.