Sigma Planning Corp Sells 1,374 Shares of Dominion Energy, Inc. (NYSE:D)

Sigma Planning Corp decreased its holdings in Dominion Energy, Inc. (NYSE:DGet Rating) by 4.3% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 30,494 shares of the utilities provider’s stock after selling 1,374 shares during the period. Sigma Planning Corp’s holdings in Dominion Energy were worth $2,591,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of the stock. DeDora Capital Inc. acquired a new position in shares of Dominion Energy during the first quarter worth $27,000. Comprehensive Financial Consultants Institutional Inc. acquired a new position in shares of Dominion Energy during the fourth quarter worth $30,000. West Bancorporation Inc. acquired a new position in shares of Dominion Energy during the fourth quarter worth $30,000. Rather & Kittrell Inc. acquired a new position in shares of Dominion Energy during the fourth quarter worth $31,000. Finally, Standard Family Office LLC acquired a new position in shares of Dominion Energy during the fourth quarter worth $32,000. 68.39% of the stock is owned by institutional investors.

Dominion Energy stock traded up $0.75 during midday trading on Thursday, reaching $76.17. The company had a trading volume of 21,319 shares, compared to its average volume of 3,560,065. The company has a market capitalization of $61.79 billion, a P/E ratio of 21.07, a P/E/G ratio of 2.88 and a beta of 0.41. Dominion Energy, Inc. has a 12-month low of $70.37 and a 12-month high of $88.78. The firm’s fifty day simple moving average is $82.22 and its 200-day simple moving average is $80.94. The company has a debt-to-equity ratio of 1.42, a current ratio of 0.79 and a quick ratio of 0.65.

Dominion Energy (NYSE:DGet Rating) last released its earnings results on Thursday, May 5th. The utilities provider reported $1.18 earnings per share for the quarter, missing analysts’ consensus estimates of $1.19 by ($0.01). Dominion Energy had a return on equity of 12.99% and a net margin of 20.81%. The business had revenue of $4.28 billion during the quarter, compared to analysts’ expectations of $4.31 billion. During the same period last year, the business earned $1.09 earnings per share. The company’s revenue for the quarter was up 10.6% compared to the same quarter last year. On average, analysts expect that Dominion Energy, Inc. will post 4.11 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Monday, June 20th. Stockholders of record on Friday, June 3rd were given a dividend of $0.6675 per share. This represents a $2.67 annualized dividend and a dividend yield of 3.51%. The ex-dividend date of this dividend was Thursday, June 2nd. Dominion Energy’s payout ratio is presently 74.58%.

Several equities analysts recently issued reports on D shares. Morgan Stanley cut their target price on Dominion Energy from $91.00 to $87.00 and set an “equal weight” rating on the stock in a research report on Monday, May 23rd. StockNews.com began coverage on Dominion Energy in a research report on Thursday, March 31st. They issued a “hold” rating on the stock. Finally, KeyCorp increased their price target on Dominion Energy from $90.00 to $92.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 20th. One analyst has rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $85.71.

About Dominion Energy (Get Rating)

Dominion Energy, Inc produces and distributes energy. The company operates through four segments: Dominion Energy Virginia, Gas Distribution, Dominion Energy South Carolina, and Contracted Assets. The Dominion Energy Virginia segment generates, transmits, and distributes regulated electricity to residential, commercial, industrial, and governmental customers in Virginia and North Carolina.

See Also

Institutional Ownership by Quarter for Dominion Energy (NYSE:D)

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