Kore Private Wealth LLC decreased its holdings in Dominion Energy, Inc. (NYSE:D) by 11.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,492 shares of the utilities provider’s stock after selling 594 shares during the period. Kore Private Wealth LLC’s holdings in Dominion Energy were worth $330,000 as of its most recent filing with the Securities & Exchange Commission.
Several other large investors have also bought and sold shares of D. Smith Asset Management Group LP purchased a new stake in shares of Dominion Energy during the 2nd quarter worth $29,000. Laurel Wealth Planning LLC purchased a new stake in shares of Dominion Energy during the 2nd quarter worth $29,000. Moisand Fitzgerald Tamayo LLC lifted its position in shares of Dominion Energy by 83.3% during the 2nd quarter. Moisand Fitzgerald Tamayo LLC now owns 440 shares of the utilities provider’s stock worth $32,000 after purchasing an additional 200 shares during the last quarter. KB Financial Partners LLC purchased a new stake in shares of Dominion Energy during the 1st quarter worth $37,000. Finally, Logan Capital Management Inc. purchased a new stake in shares of Dominion Energy during the 1st quarter worth $38,000. Institutional investors and hedge funds own 66.10% of the company’s stock.
NYSE D opened at $73.37 on Thursday. Dominion Energy, Inc. has a one year low of $67.85 and a one year high of $86.95. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.46 and a current ratio of 0.59. The firm’s fifty day moving average is $76.12 and its two-hundred day moving average is $76.45. The firm has a market cap of $59.32 billion, a PE ratio of 26.30, a P/E/G ratio of 2.98 and a beta of 0.35.
The company also recently declared a quarterly dividend, which was paid on Monday, September 20th. Stockholders of record on Friday, September 3rd were paid a dividend of $0.63 per share. The ex-dividend date of this dividend was Thursday, September 2nd. This represents a $2.52 dividend on an annualized basis and a dividend yield of 3.43%. Dominion Energy’s dividend payout ratio (DPR) is 71.19%.
A number of equities research analysts recently weighed in on D shares. Morgan Stanley reduced their price target on shares of Dominion Energy from $82.00 to $80.00 and set an “equal weight” rating for the company in a research report on Friday, September 17th. TheStreet cut shares of Dominion Energy from a “b” rating to a “c+” rating in a research report on Friday, August 6th. KeyCorp boosted their price target on shares of Dominion Energy from $82.00 to $83.00 and gave the company an “overweight” rating in a research report on Tuesday, July 20th. Mizuho reduced their price target on shares of Dominion Energy from $80.00 to $77.00 and set a “neutral” rating for the company in a research report on Tuesday, July 13th. Finally, Scotiabank raised shares of Dominion Energy from a “sector perform” rating to a “sector outperform” rating and boosted their price target for the company from $88.00 to $92.00 in a research report on Tuesday, July 6th. They noted that the move was a valuation call. One analyst has rated the stock with a sell rating, two have given a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $83.90.
Dominion Energy Profile
Dominion Energy, Inc engages in the provision of electricity and natural gas to homes, businesses, and wholesale customers. Its operations also include a regulated interstate natural gas transmission pipeline and underground storage system. It operates through following business segments: Dominion Energy Virginia, Gas Distribution, Dominion Energy South Carolina, Contracted Assets and Corporate and Other.
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