The most recent disclosure that Kestra Advisory Services LLC provided to the Securities and Exchange Commission revealed that during the third quarter, the amount of Dominion Energy, Inc. (NYSE:D) shares it owned increased by 4.5%. The investment fund ultimately ended up holding 102,065 shares of the utility provider’s stock after making an additional purchase of 4,385 shares throughout the period in question. At the end of the most recent fiscal quarter, Kestra Advisory Services LLC concluded that Dominion Energy was worth $7,054,000.
D. has seen a lot of activity in the stock market as of late, with hedge funds and other institutional investors buying and selling shares back and forth. At the close of the third quarter, the value of Highview Capital Management LLC’s (DE’s) assets increased by 2.1% due to the contribution of Dominion Energy. The current number of shares that Highview Capital Management LLC DE possesses in the utility provider is 13,485; this brings the total value of those holdings to $932,000. This goal was accomplished during the most recent fiscal quarter by purchasing 276 additional shares. During the third quarter of the fiscal year, Horan Capital Advisors LLC increased the percentage of Dominion Energy shares it owned by 2.8%. Following the purchase of 625 additional shares during the relevant period, Horan Capital Advisors LLC now has 23,257 shares of the utility’s stock, collectively worth $1,607,000. This brings the total number of shares the company has owned to 23,257. The percentage of Dominion Energy shares that Parkside Financial Bank & Trust owned increased by 22.3% during the third quarter. Parkside Financial Bank & Trust increased its stake in the stock of a utility provider during the most recent fiscal quarter by purchasing an additional 252 shares. This brought the total number of shares it holds in the stock to 1,381, with a value of $95,000. Great West Life Assurance Company completed a transaction during the third quarter that increased its interest in Dominion Energy to the tune of approximately $28,074,000. During the third quarter of this year, Harbor Investment Advisory LLC, to keep up with its competitors, increased the percentage of Dominion Energy shares that it owned by 19.3 percent. After making an additional purchase of 471 shares during the period in question, Harbor Investment Advisory LLC now has 2,906 shares of the utilities provider’s stock, valued at $201,000. This is because Harbor Investment Advisory LLC’s previous purchase of 471 shares occurred during the same period. To the tune of 70.30 percent, the company’s stock is owned by institutional investors and hedge funds.
The opening price of a share on the NYSE D on Wednesday was 62.52 dollars. Trading began at that time. A debt-to-equity ratio comes in at 1.42; a quick ratio comes in at 0.57; a current ratio comes in at 0.71; and a quick ratio comes in at 0.57. The stock’s moving average over the past 50 days is $60.56, and its moving average over the past 200 days is $70.95. The following ratios are associated with the stock:
The price-to-earnings ratio for the stock is 22.41.
The price-to-earnings growth ratio for the stock is 2.58.
The beta value for the stock is 0.40.
The market value of the stock is 52.10 billion dollars. Dominion Energy, Inc. hit a low point over the past 52 weeks of 57.18 dollars, while the company hit a high point over the past 52 weeks of 88.78 dollars.
On November 4, the most recent quarterly earnings report for Dominion Energy, which is traded on the NYSE under the symbol “D,” was made public. The earnings per share (EPS) for the quarter the utility company reported came in at $1.11, which was $0.03 higher than the consensus estimate of $1.08 provided by the industry experts. The company’s quarterly revenue came in at $4.39 billion, significantly higher than the $3.98 billion in sales that industry analysts had anticipated the company would bring in during the period. The return on equity for Dominion Energy was 12.84 percent, while the net margin for the company was 14.73 percent. Compared to the same quarter in the previous year, the increase in revenue was 38.1% higher than expected. Earnings per share for the company totaled $1.11 during the same period the year before when comparable data was available. According to projections made by relevant industry specialists, Dominion Energy, Inc. is expected to generate earnings of $4.11 per share during the current fiscal year.
In addition, the business recently announced a quarterly dividend, which was then paid out and distributed on December 1. On Friday, December 2, dividend payments to shareholders whose information was already on file were sent out to $0.6675 each. The dividend was distributed to the company’s shareholders on the first Thursday of December. This translates into a dividend payment of $2.67 on an annualized basis, giving the dividend a yield of 4.27% on an annualized basis. Dominion Energy has a payout ratio of 95.70 percent as of right now.
D has been discussed in several reports compiled by research professionals. In a research report released on November 13 by Goldman Sachs Group, the “sell” rating previously assigned to Dominion Energy was changed to a “neutral” rating. In addition, Goldman Sachs Group lowered its price target for the stock from $72.00 to $69.00, reflecting a downward trend in the market. On Thursday, October 6, the investment research firm Seaport Res Ptn reaffirmed its “neutral” rating on Dominion Energy shares. Dominion Energy was given a grade of “c+” by TheStreet in a report that was made public on October 6. This grade is an improvement from their previous grade of “b-.” In a research report published on Friday, November 11, Morgan Stanley increased their price target on Dominion Energy shares from $72.00 to $77.00.
Additionally, the brokerage firm assigned an “equal weight” rating to the stock.
Last but not least, in a piece of research released on Tuesday, December 6, UBS Group revealed that they have a “neutral” rating on the stock and that their price objective for Dominion Energy shares has decreased from $73.00 to $60.00. They also stated that they have a “neutral” rating on the stock. One of the equity research analysts has recommended selling the stock; twelve of them have given it a rating of “hold,” and two of them have given it a rating of “buy.” According to the information that was made available by Bloomberg, the company has been given an average recommendation of “Hold,” and its target price is $72.25
Dominion Electricity, Inc. is the name of a company based in the United States of America and is in charge of the production and distribution of electrical power. Gas Distribution, Dominion Energy Virginia, Dominion Energy South Carolina, and Contracted Assets are the four divisions that comprise the corporation. In the states of Virginia and North Carolina, Dominion Energy Virginia is in charge of regulating energy generation, transmission, and distribution to a total of 2.7 million residential, commercial, industrial, and governmental customers.