Campbell Wealth Management Has $652,000 Stake in Dominion Energy, Inc. (NYSE:D)

Campbell Wealth Management grew its position in Dominion Energy, Inc. (NYSE:D) by 11.0% during the fourth quarter, HoldingsChannel.com reports. The firm owned 12,111 shares of the utilities provider’s stock after buying an additional 1,204 shares during the quarter. Campbell Wealth Management’s holdings in Dominion Energy were worth $652,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of D. Oppenheimer & Co. Inc. increased its holdings in shares of Dominion Energy by 22.8% during the third quarter. Oppenheimer & Co. Inc. now owns 69,343 shares of the utilities provider’s stock worth $4,007,000 after purchasing an additional 12,890 shares during the period. Charles Schwab Investment Management Inc. raised its position in Dominion Energy by 0.8% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 5,164,929 shares of the utilities provider’s stock worth $298,481,000 after purchasing an additional 43,055 shares during the last quarter. Ascent Wealth Partners LLC bought a new stake in shares of Dominion Energy in the 3rd quarter valued at $1,223,000. Hotchkis & Wiley Capital Management LLC grew its stake in Dominion Energy by 63.5% during the third quarter. Hotchkis & Wiley Capital Management LLC now owns 8,436,875 shares of the utilities provider’s stock worth $487,567,000 after purchasing an additional 3,278,175 shares during the period. Finally, Barclays PLC raised its holdings in shares of Dominion Energy by 19.8% during the third quarter. Barclays PLC now owns 2,452,701 shares of the utilities provider’s stock valued at $141,739,000 after purchasing an additional 404,868 shares during the period. 73.04% of the stock is owned by institutional investors and hedge funds.

Dominion Energy Stock Up 1.4 %

Shares of Dominion Energy stock opened at $56.69 on Friday. Dominion Energy, Inc. has a 1 year low of $44.16 and a 1 year high of $61.97. The company has a debt-to-equity ratio of 1.42, a current ratio of 0.74 and a quick ratio of 0.58. The company has a 50-day moving average of $54.44 and a 200 day moving average of $56.27. The firm has a market cap of $47.62 billion, a price-to-earnings ratio of 19.89, a PEG ratio of 1.18 and a beta of 0.61.

Dominion Energy (NYSE:D) last posted its earnings results on Wednesday, February 12th. The utilities provider reported $0.58 EPS for the quarter, topping analysts’ consensus estimates of $0.54 by $0.04. Dominion Energy had a return on equity of 8.35% and a net margin of 16.95%. As a group, sell-side analysts anticipate that Dominion Energy, Inc. will post 2.76 earnings per share for the current fiscal year.

Dominion Energy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Friday, February 28th will be issued a dividend of $0.6675 per share. This represents a $2.67 dividend on an annualized basis and a dividend yield of 4.71%. The ex-dividend date of this dividend is Friday, February 28th. Dominion Energy’s payout ratio is presently 93.68%.

Analyst Ratings Changes

A number of equities analysts have issued reports on D shares. The Goldman Sachs Group reiterated a “neutral” rating and set a $61.00 price target on shares of Dominion Energy in a research note on Friday, November 8th. Scotiabank upped their target price on shares of Dominion Energy from $58.00 to $61.00 and gave the stock a “sector perform” rating in a research note on Thursday, December 12th. Finally, Morgan Stanley assumed coverage on Dominion Energy in a report on Monday, December 2nd. They set an “equal weight” rating and a $61.00 price target on the stock. Eleven research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, Dominion Energy has an average rating of “Hold” and an average price target of $56.58.

Dominion Energy Company 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.