Dominion Energy, Inc. (NYSE:D) Stock Holdings Increased by Altman Advisors Inc.

Altman Advisors Inc. lifted its holdings in Dominion Energy, Inc. (NYSE:D) by 1.6% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 29,796 shares of the utilities provider’s stock after purchasing an additional 481 shares during the quarter. Altman Advisors Inc.’s holdings in Dominion Energy were worth $1,605,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of D. Howard Capital Management Group LLC bought a new stake in shares of Dominion Energy during the 3rd quarter worth about $210,000. Barclays PLC increased its stake in shares of Dominion Energy by 19.8% during the third quarter. Barclays PLC now owns 2,452,701 shares of the utilities provider’s stock valued at $141,739,000 after acquiring an additional 404,868 shares during the period. M&T Bank Corp raised its holdings in Dominion Energy by 1.5% during the third quarter. M&T Bank Corp now owns 152,056 shares of the utilities provider’s stock worth $8,787,000 after purchasing an additional 2,268 shares in the last quarter. Passumpsic Savings Bank lifted its position in Dominion Energy by 2.7% in the third quarter. Passumpsic Savings Bank now owns 7,639 shares of the utilities provider’s stock worth $441,000 after purchasing an additional 199 shares during the period. Finally, Morse Asset Management Inc bought a new position in Dominion Energy during the 3rd quarter valued at $734,000. 73.04% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on D. UBS Group upped their price objective on Dominion Energy from $58.00 to $60.00 and gave the company a “neutral” rating in a report on Friday, March 21st. Morgan Stanley upped their price target on shares of Dominion Energy from $60.00 to $63.00 and gave the company an “equal weight” rating in a report on Thursday, March 20th. Argus upgraded shares of Dominion Energy to a “hold” rating in a research report on Tuesday, March 25th. Finally, JPMorgan Chase & Co. reiterated an “underweight” rating and issued a $52.00 target price (down from $59.00) on shares of Dominion Energy in a report on Tuesday, April 8th. One investment analyst has rated the stock with a sell rating, twelve have issued a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $57.00.

Dominion Energy Stock Up 1.4 %

D stock opened at $52.67 on Friday. The company has a debt-to-equity ratio of 1.42, a current ratio of 0.74 and a quick ratio of 0.58. The firm has a market capitalization of $44.89 billion, a P/E ratio of 19.51, a P/E/G ratio of 1.22 and a beta of 0.57. Dominion Energy, Inc. has a 52-week low of $46.62 and a 52-week high of $61.97. The company’s 50 day simple moving average is $54.74 and its 200-day simple moving average is $55.81.

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, 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%. As a group, equities research analysts anticipate that Dominion Energy, Inc. will post 3.39 EPS for the current year.

Dominion Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Friday, February 28th were paid a $0.6675 dividend. This represents a $2.67 annualized dividend and a yield of 5.07%. The ex-dividend date was Friday, February 28th. Dominion Energy’s dividend payout ratio is currently 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.