Dominion Energy Inc (D) Shares Sold by Barrett Asset Management LLC
Barrett Asset Management LLC lowered its stake in shares of Dominion Energy Inc (NYSE:D) by 8.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 8,460 shares of the utilities provider’s stock after selling 800 shares during the quarter. Barrett Asset Management LLC’s holdings in Dominion Energy were worth $686,000 as of its most recent SEC filing.
A number of other large investors also recently modified their holdings of the business. MPS Loria Financial Planners LLC acquired a new position in Dominion Energy during the 2nd quarter valued at about $103,000. Johnson Financial Group Inc. lifted its position in Dominion Energy by 146.8% during the 3rd quarter. Johnson Financial Group Inc. now owns 1,345 shares of the utilities provider’s stock valued at $103,000 after purchasing an additional 800 shares during the period. Parkside Financial Bank & Trust lifted its position in Dominion Energy by 183.2% during the 3rd quarter. Parkside Financial Bank & Trust now owns 1,546 shares of the utilities provider’s stock valued at $119,000 after purchasing an additional 1,000 shares during the period. MHI Funds LLC acquired a new position in Dominion Energy during the 4th quarter valued at about $119,000. Finally, Chicago Partners Investment Group LLC lifted its position in Dominion Energy by 160.8% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 1,565 shares of the utilities provider’s stock valued at $120,000 after purchasing an additional 965 shares during the period. 64.61% of the stock is currently owned by hedge funds and other institutional investors.
Shares of Dominion Energy Inc (NYSE D) opened at $74.38 on Friday. The firm has a market cap of $48,560.00, a P/E ratio of 15.15, a P/E/G ratio of 2.57 and a beta of 0.20. The company has a debt-to-equity ratio of 1.67, a current ratio of 0.47 and a quick ratio of 0.29. Dominion Energy Inc has a 52-week low of $71.82 and a 52-week high of $85.30.
The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 20th. Investors of record on Friday, March 2nd will be given a $0.835 dividend. This represents a $3.34 dividend on an annualized basis and a dividend yield of 4.49%. This is an increase from Dominion Energy’s previous quarterly dividend of $0.77. The ex-dividend date of this dividend is Thursday, March 1st. Dominion Energy’s dividend payout ratio (DPR) is currently 62.73%.
A number of research firms have issued reports on D. UBS Group began coverage on shares of Dominion Energy in a research report on Friday, February 2nd. They set a “buy” rating and a $85.00 target price on the stock. Bank of America cut their target price on shares of Dominion Energy from $80.00 to $79.00 and set a “buy” rating on the stock in a research report on Wednesday. Hilliard Lyons upgraded shares of Dominion Energy from a “neutral” rating to a “buy” rating and set a $86.00 target price on the stock in a research report on Tuesday, January 30th. Gabelli restated a “hold” rating on shares of Dominion Energy in a research report on Wednesday, November 1st. Finally, JPMorgan Chase & Co. upgraded shares of Dominion Energy from a “neutral” rating to an “overweight” rating and set a $82.00 target price on the stock in a research report on Thursday, December 14th. Eleven analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Dominion Energy presently has a consensus rating of “Hold” and a consensus price target of $82.09.
In other Dominion Energy news, Director John W. Harris sold 2,665 shares of the firm’s stock in a transaction that occurred on Tuesday, November 6th. The shares were sold at an average price of $80.60, for a total transaction of $214,799.00. Following the sale, the director now directly owns 13,282 shares in the company, valued at approximately $1,070,529.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director John W. Harris sold 11,254 shares of the firm’s stock in a transaction that occurred on Thursday, June 14th. The stock was sold at an average price of $79.94, for a total transaction of $899,644.76. Following the sale, the director now owns 13,282 shares in the company, valued at $1,061,763.08. The disclosure for this sale can be found here. Company insiders own 0.37% of the company’s stock.
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Dominion Energy 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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