Fulton Breakefield Broenniman LLC Has $246,000 Stock Holdings in Dominion Energy, Inc. (NYSE:D)

Fulton Breakefield Broenniman LLC lessened its holdings in shares of Dominion Energy, Inc. (NYSE:D) by 10.9% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 5,227 shares of the utilities provider’s stock after selling 637 shares during the period. Fulton Breakefield Broenniman LLC’s holdings in Dominion Energy were worth $246,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in D. Criterion Capital Advisors LLC acquired a new position in shares of Dominion Energy in the 4th quarter valued at $29,000. Moisand Fitzgerald Tamayo LLC bought a new stake in Dominion Energy in the 4th quarter valued at $30,000. FSC Wealth Advisors LLC lifted 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 valued at $31,000 after acquiring an additional 410 shares in the last quarter. Venturi Wealth Management LLC lifted 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 valued at $32,000 after acquiring an additional 310 shares in the last quarter. Finally, Briaud Financial Planning Inc bought a new stake in Dominion Energy in the 3rd quarter valued at $36,000. Institutional investors and hedge funds own 73.04% of the company’s stock.

Analysts Set New Price Targets

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

Insider Transactions at Dominion Energy

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

Dominion Energy Stock Performance

D traded down $0.52 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 fifty-two week low of $39.18 and a fifty-two week high of $57.90. The stock has a market cap of $42.26 billion, a P/E ratio of 21.65, a P/E/G ratio of 3.43 and a beta of 0.61. The company’s fifty day moving average is $48.17 and its 200 day moving average is $46.37. The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.97 and a current ratio of 1.04.

Dominion Energy (NYSE:D) last announced its quarterly earnings results on Thursday, February 22nd. The utilities provider reported $0.29 EPS for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.11). Dominion Energy had a net margin of 12.40% and a return on equity of 8.83%. The company had revenue of $3.53 billion during the quarter, compared to analyst estimates of $4.21 billion. During the same quarter last year, the company posted $1.06 EPS. The firm’s quarterly revenue was down 7.2% on a year-over-year basis. As a group, analysts predict 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.