4,905 Shares in Dominion Energy, Inc. (NYSE:D) Bought by Investment Partners LTD.

Investment Partners LTD. acquired a new stake in Dominion Energy, Inc. (NYSE:D) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 4,905 shares of the utilities provider’s stock, valued at approximately $231,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Criterion Capital Advisors LLC bought a new position in Dominion Energy in the 4th quarter worth about $29,000. Moisand Fitzgerald Tamayo LLC bought a new position in Dominion Energy in the 4th quarter worth about $30,000. FSC Wealth Advisors LLC grew its position in Dominion Energy by 149.6% in the 3rd quarter. FSC Wealth Advisors LLC now owns 684 shares of the utilities provider’s stock worth $31,000 after purchasing an additional 410 shares during the last quarter. Venturi Wealth Management LLC grew its position in Dominion Energy by 84.5% in the 4th quarter. Venturi Wealth Management LLC now owns 677 shares of the utilities provider’s stock worth $32,000 after purchasing an additional 310 shares during the last quarter. Finally, Briaud Financial Planning Inc bought a new position in Dominion Energy in the 3rd quarter worth about $36,000. 73.04% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have recently issued reports on D. Guggenheim decreased their price objective on shares of Dominion Energy from $57.00 to $52.00 and set a “buy” rating for the company in a report on Monday, March 4th. BMO Capital Markets cut shares of Dominion Energy from an “outperform” rating to a “market perform” rating and set a $49.00 price objective for the company. in a report on Monday, March 11th. Mizuho reduced their target price on shares of Dominion Energy from $47.00 to $45.00 and set a “neutral” rating for the company in a report on Wednesday, March 6th. Wells Fargo & Company raised their target price on shares of Dominion Energy from $49.00 to $51.00 and gave the stock an “equal weight” rating in a report on Thursday, March 7th. Finally, Barclays reduced their target price on shares of Dominion Energy from $50.00 to $49.00 and set an “overweight” rating for the company in a report on Monday, April 15th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $49.10.

Insider Activity at Dominion Energy

In other news, CEO Robert M. Blue bought 21,735 shares of the company’s stock in a transaction that occurred on Monday, March 4th. The shares were purchased at an average price of $45.91 per share, for a total transaction of $997,853.85. Following the acquisition, the chief executive officer now directly owns 176,240 shares of the company’s stock, valued at approximately $8,091,178.40. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. In other news, Director Joseph M. Rigby bought 2,130 shares of the company’s stock in a transaction that occurred on Wednesday, March 6th. The shares were purchased at an average price of $46.94 per share, for a total transaction of $99,982.20. Following the acquisition, the director now directly owns 8,417 shares of the company’s stock, valued at approximately $395,093.98. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Robert M. Blue acquired 21,735 shares of the company’s stock in a transaction dated Monday, March 4th. The shares were bought at an average price of $45.91 per share, for a total transaction of $997,853.85. Following the acquisition, the chief executive officer now owns 176,240 shares in the company, valued at approximately $8,091,178.40. The disclosure for this purchase can be found here. 0.14% of the stock is owned by company insiders.

Dominion Energy Stock Down 1.0 %

D stock traded down $0.52 during midday trading on Friday, reaching $50.45. The company had a trading volume of 3,477,143 shares, compared to its average volume of 3,882,772. Dominion Energy, Inc. has a 1 year low of $39.18 and a 1 year high of $57.90. The company has a current ratio of 1.04, a quick ratio of 0.97 and a debt-to-equity ratio of 1.29. The company has a market capitalization of $42.26 billion, a P/E ratio of 21.65, a PEG ratio of 3.43 and a beta of 0.61. The company has a 50 day moving average of $48.17 and a two-hundred day moving average of $46.37.

Dominion Energy (NYSE:D) last released its quarterly earnings data on Thursday, February 22nd. The utilities provider reported $0.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.40 by ($0.11). Dominion Energy had a net margin of 12.40% and a return on equity of 8.83%. The business had revenue of $3.53 billion during the quarter, compared to analyst estimates of $4.21 billion. During the same period in the previous year, the firm posted $1.06 EPS. The firm’s revenue for the quarter was down 7.2% on a year-over-year basis. On average, equities research analysts expect that Dominion Energy, Inc. will post 2.73 earnings per share for the current fiscal year.

Dominion Energy 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.