8,748 Shares in Dominion Energy, Inc. (NYSE:D) Acquired by Syon Capital LLC

Syon Capital LLC acquired a new stake in Dominion Energy, Inc. (NYSE:D) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 8,748 shares of the utilities provider’s stock, valued at approximately $411,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Criterion Capital Advisors LLC acquired a new position in Dominion Energy during the 4th quarter worth $29,000. Moisand Fitzgerald Tamayo LLC acquired a new stake in Dominion Energy in the fourth quarter worth about $30,000. FSC Wealth Advisors LLC raised its holdings in Dominion Energy by 149.6% during 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 boosted its stake in shares of 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 purchasing an additional 310 shares during the last quarter. Finally, Briaud Financial Planning Inc bought a new stake in shares of Dominion Energy during the third quarter worth approximately $36,000. Institutional investors and hedge funds own 73.04% of the company’s stock.

Insiders Place Their Bets

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

Wall Street Analysts Forecast Growth

D has been the topic of a number of recent research reports. Barclays lowered 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. Guggenheim cut their target price on Dominion Energy from $57.00 to $52.00 and set a “buy” rating on the stock in a research note on Monday, March 4th. Bank of America boosted their target price on Dominion Energy from $40.00 to $43.00 and gave the stock an “underperform” rating in a research report on Tuesday. Wells Fargo & Company increased their price target 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. Finally, StockNews.com downgraded shares of Dominion Energy from a “hold” rating to a “sell” rating in a research note on Friday, February 23rd. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, Dominion Energy presently has an average rating of “Hold” and an average target price of $49.10.

Dominion Energy Stock Down 1.0 %

Shares of Dominion Energy stock opened at $50.45 on Friday. Dominion Energy, Inc. has a 52-week low of $39.18 and a 52-week high of $57.90. The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.97 and a current ratio of 1.04. The business’s 50 day simple moving average is $48.17 and its 200 day simple moving average is $46.37. The firm has a market cap of $42.26 billion, a PE ratio of 21.65, a P/E/G ratio of 3.43 and a beta of 0.61.

Dominion Energy (NYSE:D) last announced its quarterly earnings data 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 return on equity of 8.83% and a net margin of 12.40%. The business had revenue of $3.53 billion during the quarter, compared to the consensus estimate of $4.21 billion. The business’s revenue for the quarter was down 7.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.06 EPS. On average, 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.