HL Financial Services LLC lifted its position in Dominion Energy Inc (NYSE:D) by 20.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 59,632 shares of the utilities provider’s stock after acquiring an additional 10,168 shares during the quarter. HL Financial Services LLC’s holdings in Dominion Energy were worth $4,261,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Oregon Public Employees Retirement Fund boosted its holdings in shares of Dominion Energy by 6,957.8% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 5,026,854 shares of the utilities provider’s stock worth $70,000 after buying an additional 4,955,630 shares during the last quarter. Bank of New York Mellon Corp boosted its holdings in shares of Dominion Energy by 29.9% in the 3rd quarter. Bank of New York Mellon Corp now owns 6,146,819 shares of the utilities provider’s stock worth $431,998,000 after buying an additional 1,413,097 shares during the last quarter. Morgan Stanley boosted its holdings in shares of Dominion Energy by 46.1% in the 3rd quarter. Morgan Stanley now owns 3,759,391 shares of the utilities provider’s stock worth $264,209,000 after buying an additional 1,185,720 shares during the last quarter. Vanguard Group Inc boosted its holdings in shares of Dominion Energy by 1.7% in the 3rd quarter. Vanguard Group Inc now owns 49,883,013 shares of the utilities provider’s stock worth $3,505,778,000 after buying an additional 825,191 shares during the last quarter. Finally, Canada Pension Plan Investment Board boosted its holdings in shares of Dominion Energy by 7,537.1% in the 4th quarter. Canada Pension Plan Investment Board now owns 768,899 shares of the utilities provider’s stock worth $54,941,000 after buying an additional 758,831 shares during the last quarter. Hedge funds and other institutional investors own 67.97% of the company’s stock.

A number of equities analysts recently weighed in on the stock. Zacks Investment Research downgraded shares of Dominion Energy from a “hold” rating to a “sell” rating in a report on Monday. JPMorgan Chase & Co. downgraded shares of Dominion Energy from an “overweight” rating to a “neutral” rating and cut their price target for the stock from $79.00 to $73.00 in a report on Tuesday, January 22nd. Macquarie set a $78.00 price target on shares of Dominion Energy and gave the stock a “buy” rating in a report on Monday, January 14th. Bank of America downgraded shares of Dominion Energy from a “neutral” rating to an “underperform” rating and cut their price target for the stock from $72.00 to $69.00 in a report on Friday, January 11th. Finally, ValuEngine downgraded shares of Dominion Energy from a “buy” rating to a “hold” rating in a report on Wednesday, January 2nd. Two analysts have rated the stock with a sell rating, five have given a hold rating and six have assigned a buy rating to the company’s stock. Dominion Energy presently has an average rating of “Hold” and a consensus target price of $85.55.

In other Dominion Energy news, CFO James R. Chapman purchased 4,053 shares of Dominion Energy stock in a transaction on Wednesday, December 19th. The shares were acquired at an average cost of $74.02 per share, for a total transaction of $300,003.06. Following the completion of the transaction, the chief financial officer now directly owns 22,256 shares of the company’s stock, valued at $1,647,389.12. The purchase was disclosed in a filing with the SEC, which is available at this link. Also, CEO Diane Leopold sold 2,500 shares of the stock in a transaction that occurred on Tuesday, February 5th. The shares were sold at an average price of $71.31, for a total transaction of $178,275.00. Following the transaction, the chief executive officer now owns 48,677 shares in the company, valued at $3,471,156.87. The disclosure for this sale can be found here. 0.34% of the stock is owned by company insiders.

Shares of Dominion Energy stock opened at $73.26 on Tuesday. Dominion Energy Inc has a 12-month low of $61.53 and a 12-month high of $77.19. The stock has a market capitalization of $48.09 billion, a PE ratio of 18.09, a PEG ratio of 3.20 and a beta of 0.21. The company has a current ratio of 0.62, a quick ratio of 0.46 and a debt-to-equity ratio of 1.58.

Dominion Energy (NYSE:D) last posted its quarterly earnings data on Friday, February 1st. The utilities provider reported $0.89 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.91 by ($0.02). The company had revenue of $3.36 billion during the quarter, compared to the consensus estimate of $3.13 billion. Dominion Energy had a return on equity of 13.15% and a net margin of 18.31%. The firm’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same quarter last year, the company posted $0.91 earnings per share. On average, analysts anticipate that Dominion Energy Inc will post 4.2 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 20th. Shareholders of record on Friday, March 1st will be given a dividend of $0.9175 per share. This is a boost from Dominion Energy’s previous quarterly dividend of $0.84. This represents a $3.67 dividend on an annualized basis and a yield of 5.01%. The ex-dividend date is Thursday, February 28th. Dominion Energy’s dividend payout ratio (DPR) is presently 82.47%.

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Dominion Energy Company Profile

Dominion Energy, Inc produces and transports energy in the United States. The company's Power Delivery segment engages in the regulated electric transmission and distribution operations that serve residential, commercial, industrial, and governmental customers in Virginia and North Carolina. Its Power Generation segment is involved in the electricity generation activities through gas, coal, nuclear, oil, renewables, biomass, hydro, solar, and power purchase agreements; and related energy supply operations.

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Institutional Ownership by Quarter for Dominion Energy (NYSE:D)

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