646 Shares in Dominion Energy, Inc. (NYSE:D) Acquired by Moisand Fitzgerald Tamayo LLC

Moisand Fitzgerald Tamayo LLC acquired a new position in Dominion Energy, Inc. (NYSE:D) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 646 shares of the utilities provider’s stock, valued at approximately $30,000.

A number of other large investors also recently bought and sold shares of the business. Covestor Ltd grew its holdings in shares of Dominion Energy by 49.8% during the first quarter. Covestor Ltd now owns 394 shares of the utilities provider’s stock valued at $34,000 after buying an additional 131 shares during the last quarter. Pacific Center for Financial Services purchased a new stake in Dominion Energy in the first quarter valued at $28,000. Live Oak Investment Partners purchased a new stake in Dominion Energy in the fourth quarter valued at $34,000. Quilter Plc purchased a new stake in Dominion Energy in the first quarter valued at $595,800,000. Finally, FSC Wealth Advisors LLC boosted its holdings in Dominion Energy by 149.6% in the third quarter. FSC Wealth Advisors LLC now owns 684 shares of the utilities provider’s stock valued at $31,000 after purchasing an additional 410 shares during the last quarter. Institutional investors own 73.04% of the company’s stock.

Insider Buying and Selling

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

Dominion Energy Stock Performance

Dominion Energy stock traded up $0.74 during midday trading on Thursday, hitting $49.26. 2,313,587 shares of the company’s stock were exchanged, compared to its average volume of 5,693,297. Dominion Energy, Inc. has a 12-month low of $39.18 and a 12-month high of $58.69. 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 stock has a market cap of $41.26 billion, a price-to-earnings ratio of 20.91, a price-to-earnings-growth ratio of 1.91 and a beta of 0.61. The firm’s 50 day simple moving average is $46.34 and its 200 day simple moving average is $45.81.

Dominion Energy (NYSE:D) last issued its quarterly earnings data on Thursday, February 22nd. The utilities provider reported $0.29 earnings per share (EPS) for the quarter, missing the consensus estimate 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 for the quarter, compared to analysts’ expectations of $4.21 billion. During the same period in the previous year, the business posted $1.06 earnings per share. The company’s revenue for the quarter was down 7.2% on a year-over-year basis. Equities research analysts predict that Dominion Energy, Inc. will post 2.75 EPS for the current year.

Dominion Energy Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 20th. Stockholders of record on Friday, March 1st were issued a $0.6675 dividend. This represents a $2.67 annualized dividend and a dividend yield of 5.42%. The ex-dividend date was Thursday, February 29th. Dominion Energy’s payout ratio is 114.59%.

Analyst Ratings Changes

A number of research analysts have weighed in on D shares. Wells Fargo & Company upped their price objective on shares of Dominion Energy from $49.00 to $51.00 and gave the stock an “equal weight” rating in a research report on Thursday, March 7th. Scotiabank cut their price objective on shares of Dominion Energy from $50.00 to $49.00 and set a “sector perform” rating for the company in a report on Monday, March 4th. StockNews.com downgraded shares of Dominion Energy from a “hold” rating to a “sell” rating in a report on Friday, February 23rd. BMO Capital Markets cut shares of Dominion Energy from an “outperform” rating to a “market perform” rating and set a $49.00 price target for the company. in a research note on Monday, March 11th. Finally, Mizuho lowered their price objective on shares of Dominion Energy from $47.00 to $45.00 and set a “neutral” rating for the company in a research report on Wednesday, March 6th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and two have assigned a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $49.90.

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.