Moloney Securities Asset Management LLC Sells 314 Shares of Dominion Energy, Inc. (NYSE:D)

Moloney Securities Asset Management LLC trimmed its holdings in shares of Dominion Energy, Inc. (NYSE:D) by 1.1% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 29,440 shares of the utilities provider’s stock after selling 314 shares during the quarter. Moloney Securities Asset Management LLC’s holdings in Dominion Energy were worth $1,586,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Sanctuary Wealth Management L.L.C. bought a new stake in Dominion Energy in the 3rd quarter valued at $28,000. Roble Belko & Company Inc acquired a new position in shares of Dominion Energy during the fourth quarter worth about $27,000. Frazier Financial Advisors LLC acquired a new stake in Dominion Energy in the 3rd quarter valued at approximately $32,000. Dunhill Financial LLC lifted its stake 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 acquiring an additional 487 shares in the last quarter. Finally, Larson Financial Group LLC boosted its position in Dominion Energy by 282.4% during the 3rd quarter. Larson Financial Group LLC now owns 608 shares of the utilities provider’s stock worth $35,000 after acquiring an additional 449 shares during the last quarter. Institutional investors own 73.04% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently commented on D shares. Morgan Stanley initiated coverage on shares of Dominion Energy in a report on Monday, December 2nd. They set an “equal weight” rating and a $61.00 target price for the company. Barclays raised their price target on Dominion Energy from $54.00 to $58.00 and gave the company an “overweight” rating in a research note on Tuesday, October 15th. The Goldman Sachs Group restated a “neutral” rating and set a $61.00 target price on shares of Dominion Energy in a report on Friday, November 8th. Finally, Scotiabank increased their price target 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. Eleven analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $56.58.

Dominion Energy Stock Up 0.5 %

D opened at $54.64 on Friday. 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 company has a market capitalization of $45.90 billion, a P/E ratio of 19.17, a P/E/G ratio of 1.18 and a beta of 0.61. Dominion Energy, Inc. has a fifty-two week low of $43.53 and a fifty-two week high of $61.97. The stock has a fifty day moving average of $54.51 and a 200-day moving average of $56.16.

Dominion Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Shareholders of record on Friday, February 28th will be paid a dividend of $0.6675 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $2.67 dividend on an annualized basis and a yield of 4.89%. Dominion Energy’s dividend payout ratio (DPR) is presently 93.68%.

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.