TD Private Client Wealth LLC Has $439,000 Stock Holdings in Dominion Energy, Inc. (NYSE:D)

TD Private Client Wealth LLC lowered its position in shares of Dominion Energy, Inc. (NYSE:D) by 73.8% in the fourth quarter, HoldingsChannel reports. The fund owned 8,158 shares of the utilities provider’s stock after selling 23,034 shares during the period. TD Private Client Wealth LLC’s holdings in Dominion Energy were worth $439,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in D. Cape Investment Advisory Inc. boosted its holdings in Dominion Energy by 175.4% during the fourth quarter. Cape Investment Advisory Inc. now owns 471 shares of the utilities provider’s stock worth $25,000 after purchasing an additional 300 shares during the last quarter. BankPlus Trust Department bought a new stake in Dominion Energy during the 4th quarter worth about $26,000. Roble Belko & Company Inc acquired a new position in shares of Dominion Energy during the 4th quarter worth about $27,000. Fairway Wealth LLC bought a new position in shares of Dominion Energy in the 4th quarter valued at about $27,000. Finally, CBIZ Investment Advisory Services LLC increased its position in shares of Dominion Energy by 100.4% in the fourth quarter. CBIZ Investment Advisory Services LLC now owns 519 shares of the utilities provider’s stock valued at $28,000 after acquiring an additional 260 shares during the last quarter. 73.04% of the stock is owned by institutional investors.

Dominion Energy Trading Down 0.5 %

Shares of NYSE:D opened at $54.29 on Tuesday. The stock has a market cap of $46.26 billion, a PE ratio of 20.11, a P/E/G ratio of 1.22 and a beta of 0.59. The company has a quick ratio of 0.58, a current ratio of 0.74 and a debt-to-equity ratio of 1.42. Dominion Energy, Inc. has a 12-month low of $46.56 and a 12-month high of $61.97. The business has a 50 day moving average of $55.21 and a 200-day moving average of $56.27.

Dominion Energy (NYSE:D) last issued its quarterly earnings data on Wednesday, February 12th. The utilities provider reported $0.58 EPS for the quarter, beating analysts’ consensus estimates of $0.54 by $0.04. Dominion Energy had a return on equity of 8.99% and a net margin of 16.22%. As a group, equities research analysts forecast that Dominion Energy, Inc. will post 3.39 earnings per share for the current year.

Dominion Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th. Shareholders of record on Friday, February 28th were paid a $0.6675 dividend. This represents a $2.67 annualized dividend and a yield of 4.92%. The ex-dividend date was Friday, February 28th. Dominion Energy’s dividend payout ratio (DPR) is 98.89%.

Analysts Set New Price Targets

Several research analysts recently commented on the company. UBS Group increased their price target on Dominion Energy from $58.00 to $60.00 and gave the company a “neutral” rating in a research report on Friday. JPMorgan Chase & Co. boosted their target price on shares of Dominion Energy from $58.00 to $59.00 and gave the stock a “neutral” rating in a report on Tuesday, March 11th. 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. Finally, Morgan Stanley boosted their price objective on shares of Dominion Energy from $60.00 to $63.00 and gave the stock an “equal weight” rating in a research note on Thursday, March 20th. Twelve equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $57.58.

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.