Teacher Retirement System of Texas lifted its holdings in Dominion Energy Inc (NYSE:D) by 60.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 352,054 shares of the utilities provider’s stock after acquiring an additional 132,386 shares during the period. Teacher Retirement System of Texas’ holdings in Dominion Energy were worth $28,537,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. MPS Loria Financial Planners LLC bought a new position in Dominion Energy during the second quarter valued at approximately $103,000. Johnson Financial Group Inc. boosted its stake in Dominion Energy by 146.8% during the third quarter. Johnson Financial Group Inc. now owns 1,345 shares of the utilities provider’s stock valued at $103,000 after buying an additional 800 shares during the last quarter. MHI Funds LLC bought a new position in Dominion Energy during the fourth quarter valued at approximately $119,000. Parkside Financial Bank & Trust boosted its stake in Dominion Energy by 183.2% during the third quarter. Parkside Financial Bank & Trust now owns 1,546 shares of the utilities provider’s stock valued at $119,000 after buying an additional 1,000 shares during the last quarter. Finally, Chicago Partners Investment Group LLC boosted its stake in Dominion Energy by 160.8% during the third quarter. Chicago Partners Investment Group LLC now owns 1,565 shares of the utilities provider’s stock valued at $120,000 after buying an additional 965 shares during the last quarter. 64.61% of the stock is owned by hedge funds and other institutional investors.

Shares of Dominion Energy Inc (NYSE D) opened at $73.31 on Friday. Dominion Energy Inc has a 52-week low of $71.59 and a 52-week high of $85.30. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.29 and a current ratio of 0.47. The stock has a market capitalization of $47,543.57, a P/E ratio of 14.93, a price-to-earnings-growth ratio of 2.80 and a beta of 0.20.

Dominion Energy (NYSE:D) last issued its quarterly earnings data on Monday, January 29th. The utilities provider reported $0.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.89 by $0.02. Dominion Energy had a return on equity of 12.99% and a net margin of 24.92%. The business had revenue of $3.21 billion for the quarter, compared to the consensus estimate of $3.47 billion. During the same period in the prior year, the business posted $0.99 earnings per share. The company’s quarterly revenue was up 4.0% compared to the same quarter last year. equities research analysts predict that Dominion Energy Inc will post 4.04 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 20th. Shareholders of record on Friday, March 2nd will be given a dividend of $0.835 per share. The ex-dividend date of this dividend is Thursday, March 1st. This is an increase from Dominion Energy’s previous quarterly dividend of $0.77. This represents a $3.34 dividend on an annualized basis and a yield of 4.56%. Dominion Energy’s dividend payout ratio is 62.73%.

A number of brokerages recently commented on D. Citigroup increased their price target on Dominion Energy from $76.00 to $78.00 and gave the company a “neutral” rating in a research note on Tuesday, October 17th. Bank of America dropped their price target on Dominion Energy from $80.00 to $79.00 and set a “buy” rating for the company in a research note on Wednesday. Zacks Investment Research lowered Dominion Energy from a “buy” rating to a “hold” rating in a research note on Thursday, January 18th. Morgan Stanley increased their price target on Dominion Energy from $85.00 to $87.00 and gave the company an “equal weight” rating in a research note on Wednesday, December 13th. Finally, UBS Group began coverage on Dominion Energy in a research note on Friday, February 2nd. They set a “buy” rating and a $85.00 price target for the company. Eleven analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Dominion Energy currently has an average rating of “Hold” and a consensus price target of $82.09.

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Dominion Energy Company Profile

Dominion Energy, Inc, formerly Dominion Resources, Inc, is a producer and transporter of energy. Dominion is focused on its investment in regulated electric generation, transmission and distribution and regulated natural gas transmission and distribution infrastructure. It operates through three segments: Dominion Virginia Power operating segment (DVP), Dominion Generation, Dominion Energy, and Corporate and Other.

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

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