1,533 Shares in Dominion Energy, Inc. (NYSE:D) Acquired by Headlands Technologies LLC

Headlands Technologies LLC bought a new position in shares of Dominion Energy, Inc. (NYSE:D) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 1,533 shares of the utilities provider’s stock, valued at approximately $72,000.

A number of other large investors have also recently added to or reduced their stakes in D. Criterion Capital Advisors LLC bought a new stake in Dominion Energy during the fourth quarter worth approximately $29,000. Moisand Fitzgerald Tamayo LLC acquired a new stake in shares of Dominion Energy in the fourth quarter worth $30,000. FSC Wealth Advisors LLC increased its position in Dominion Energy by 149.6% during the third quarter. FSC Wealth Advisors LLC now owns 684 shares of the utilities provider’s stock worth $31,000 after acquiring an additional 410 shares during the period. Venturi Wealth Management LLC raised its stake in Dominion Energy by 84.5% during the 4th quarter. Venturi Wealth Management LLC now owns 677 shares of the utilities provider’s stock valued at $32,000 after purchasing an additional 310 shares during the last quarter. Finally, Briaud Financial Planning Inc acquired a new position in Dominion Energy during the 3rd quarter valued at $36,000. Institutional investors own 73.04% of the company’s stock.

Dominion Energy Stock Performance

NYSE D opened at $50.98 on Wednesday. The firm has a market cap of $42.70 billion, a price-to-earnings ratio of 21.88, a PEG ratio of 3.42 and a beta of 0.61. The company has a current ratio of 1.04, a quick ratio of 0.97 and a debt-to-equity ratio of 1.29. Dominion Energy, Inc. has a 1-year low of $39.18 and a 1-year high of $57.65. The company has a 50 day moving average of $48.39 and a 200-day moving average of $46.55.

Dominion Energy (NYSE:D) last announced its earnings results on Thursday, February 22nd. The utilities provider reported $0.29 EPS for the quarter, missing the consensus estimate of $0.40 by ($0.11). The business had revenue of $3.53 billion for the quarter, compared to the consensus estimate of $4.21 billion. Dominion Energy had a return on equity of 8.83% and a net margin of 12.40%. Dominion Energy’s revenue for the quarter was down 7.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.06 EPS. On average, equities analysts forecast that Dominion Energy, Inc. will post 2.75 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms recently commented on D. Scotiabank cut their target price on shares of Dominion Energy from $49.00 to $48.00 and set a “sector perform” rating for the company in a research note on Monday, April 22nd. Wells Fargo & Company upped their target price on shares of Dominion Energy from $49.00 to $51.00 and gave the company an “equal weight” rating in a research note on Thursday, March 7th. Mizuho cut their target price on shares of Dominion Energy from $47.00 to $45.00 and set a “neutral” rating for the company in a research note on Wednesday, March 6th. Guggenheim cut their target price on shares of Dominion Energy from $57.00 to $52.00 and set a “buy” rating for the company in a research note on Monday, March 4th. Finally, BMO Capital Markets lowered shares of Dominion Energy from an “outperform” rating to a “market perform” rating and set a $49.00 price target on the stock. in a report on Monday, March 11th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have given a buy rating to the company. According to MarketBeat.com, Dominion Energy presently has an average rating of “Hold” and a consensus target price of $49.10.

Insiders Place Their Bets

In other news, CEO Robert M. Blue acquired 21,735 shares of Dominion Energy stock in a transaction 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 acquisition, the chief executive officer now owns 176,240 shares in the company, valued at $8,091,178.40. The transaction was disclosed in a document filed with the SEC, which is available through this link. In other news, CEO Robert M. Blue acquired 21,735 shares of the company’s stock in a transaction on Monday, March 4th. The stock was purchased at an average cost of $45.91 per share, with a total value of $997,853.85. Following the acquisition, the chief executive officer now owns 176,240 shares of the company’s stock, valued at approximately $8,091,178.40. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Joseph M. Rigby bought 2,130 shares of Dominion Energy stock in a transaction dated Wednesday, March 6th. The stock was acquired at an average cost of $46.94 per share, for a total transaction of $99,982.20. Following the purchase, the director now directly owns 8,417 shares in the company, valued at approximately $395,093.98. The disclosure for this purchase can be found here. Insiders own 0.12% of the company’s stock.

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.