Bokf Na lowered its position in shares of Dominion Energy, Inc. (NYSE:D – Free Report) by 28.7% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,837 shares of the utilities provider’s stock after selling 5,973 shares during the quarter. Bokf Na’s holdings in Dominion Energy were worth $727,000 at the end of the most recent quarter.
Other hedge funds have also made changes to their positions in the company. Family Firm Inc. acquired a new stake in Dominion Energy in the 2nd quarter valued at about $27,000. Rise Advisors LLC acquired a new stake in Dominion Energy in the 1st quarter valued at about $30,000. LRI Investments LLC acquired a new stake in Dominion Energy in the 1st quarter valued at about $32,000. Triad Wealth Partners LLC acquired a new stake in Dominion Energy in the 2nd quarter valued at about $33,000. Finally, Opal Wealth Advisors LLC acquired a new stake in Dominion Energy in the 2nd quarter valued at about $35,000. Institutional investors and hedge funds own 73.04% of the company’s stock.
Dominion Energy Stock Up 1.7 %
Dominion Energy stock opened at $58.16 on Monday. The company’s 50 day simple moving average is $54.47 and its 200 day simple moving average is $51.62. Dominion Energy, Inc. has a fifty-two week low of $39.18 and a fifty-two week high of $58.18. The firm has a market capitalization of $48.79 billion, a price-to-earnings ratio of 29.98, a PEG ratio of 1.53 and a beta of 0.60. The company has a debt-to-equity ratio of 1.42, a current ratio of 0.93 and a quick ratio of 0.78.
Dominion Energy Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Friday, September 20th. Shareholders of record on Friday, August 30th will be issued a dividend of $0.6675 per share. The ex-dividend date is Friday, August 30th. This represents a $2.67 annualized dividend and a yield of 4.59%. Dominion Energy’s dividend payout ratio (DPR) is currently 137.63%.
Analysts Set New Price Targets
Several research analysts have recently issued reports on the stock. JPMorgan Chase & Co. raised their target price on shares of Dominion Energy from $54.00 to $57.00 and gave the company a “neutral” rating in a research note on Monday, August 12th. BMO Capital Markets raised their target price on shares of Dominion Energy from $53.00 to $57.00 and gave the company a “market perform” rating in a research note on Monday, August 5th. Finally, Scotiabank raised their target price on shares of Dominion Energy from $48.00 to $58.00 and gave the company a “sector perform” rating in a research note on Tuesday, August 20th. Eight analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $54.11.
Get Our Latest Research Report on Dominion Energy
Dominion Energy Company 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.
Featured Articles
- Five stocks we like better than Dominion Energy
- What is Put Option Volume?
- Symbotic’s Double-Bagger Potential as It Hits a Key Inflection
- Investing in the High PE Growth Stocks
- High Dividend Yields Make These 2 Shipping Stocks Stand Out
- How Investors Can Find the Best Cheap Dividend Stocks
- Can Celsius Stock Rebound? Analysts See 74% Upside Potential
Want to see what other hedge funds are holding D? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dominion Energy, Inc. (NYSE:D – Free Report).
Receive News & Ratings for Dominion Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dominion Energy and related companies with MarketBeat.com's FREE daily email newsletter.