Dominion Energy, Inc. (NYSE:D) Shares Bought by San Luis Wealth Advisors LLC

San Luis Wealth Advisors LLC increased its holdings in Dominion Energy, Inc. (NYSE:D) by 17.7% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 14,644 shares of the utilities provider’s stock after buying an additional 2,206 shares during the period. San Luis Wealth Advisors LLC’s holdings in Dominion Energy were worth $789,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the business. Sanctuary Wealth Management L.L.C. bought a new position in shares of Dominion Energy during the third quarter valued at approximately $28,000. Frazier Financial Advisors LLC acquired a new stake in shares of Dominion Energy in the 3rd quarter worth about $32,000. Dunhill Financial LLC lifted its position in Dominion Energy by 601.2% in the 3rd quarter. Dunhill Financial LLC now owns 568 shares of the utilities provider’s stock valued at $33,000 after purchasing an additional 487 shares during the last quarter. Larson Financial Group LLC boosted its stake in Dominion Energy by 282.4% during the 3rd quarter. Larson Financial Group LLC now owns 608 shares of the utilities provider’s stock valued at $35,000 after purchasing an additional 449 shares during the period. Finally, Reston Wealth Management LLC bought a new position in Dominion Energy in the 3rd quarter worth about $36,000. Institutional investors own 73.04% of the company’s stock.

Dominion Energy Stock Up 0.6 %

Dominion Energy stock opened at $53.77 on Wednesday. Dominion Energy, Inc. has a twelve month low of $43.53 and a twelve month high of $61.97. The company has a debt-to-equity ratio of 1.42, a quick ratio of 0.58 and a current ratio of 0.74. The firm has a market cap of $45.17 billion, a PE ratio of 18.87, a P/E/G ratio of 1.44 and a beta of 0.60. The firm’s 50 day moving average price is $55.64 and its two-hundred day moving average price is $55.68.

Dominion Energy (NYSE:D) last posted its quarterly earnings results on Friday, November 1st. The utilities provider reported $0.98 earnings per share for the quarter, topping analysts’ consensus estimates of $0.93 by $0.05. The company had revenue of $3.94 billion during the quarter, compared to the consensus estimate of $4.18 billion. Dominion Energy had a return on equity of 8.35% and a net margin of 16.95%. The business’s quarterly revenue was up 3.4% on a year-over-year basis. During the same period last year, the business earned $0.77 EPS. On average, research analysts predict that Dominion Energy, Inc. will post 2.75 EPS for the current fiscal year.

Dominion Energy Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 20th. Shareholders of record on Friday, November 29th were issued a dividend of $0.6675 per share. The ex-dividend date was Friday, November 29th. This represents a $2.67 annualized dividend and a yield of 4.97%. Dominion Energy’s dividend payout ratio (DPR) is currently 93.68%.

Analysts Set New Price Targets

Several brokerages have recently issued reports on D. The Goldman Sachs Group reiterated a “neutral” rating and set a $61.00 price objective on shares of Dominion Energy in a research report on Friday, November 8th. Barclays increased their price target on Dominion Energy from $54.00 to $58.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 15th. Scotiabank lifted their price objective on shares of Dominion Energy from $58.00 to $61.00 and gave the company a “sector perform” rating in a research note on Thursday, December 12th. Morgan Stanley started coverage on shares of Dominion Energy in a research report on Monday, December 2nd. They issued an “equal weight” rating and a $61.00 target price for the company. Finally, Jefferies Financial Group initiated coverage on shares of Dominion Energy in a research report on Friday, September 20th. They set a “hold” rating and a $58.00 price target on the stock. Eleven research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat, Dominion Energy presently has a consensus rating of “Hold” and a consensus target price of $56.58.

About Dominion Energy

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.