Bank of New Hampshire Has $417,000 Position in Dominion Energy, Inc. (NYSE:D)

Bank of New Hampshire cut its holdings in Dominion Energy, Inc. (NYSE:D) by 14.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 7,745 shares of the utilities provider’s stock after selling 1,317 shares during the quarter. Bank of New Hampshire’s holdings in Dominion Energy were worth $417,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. State Street Corp lifted its holdings in Dominion Energy by 3.2% during the 3rd quarter. State Street Corp now owns 44,297,832 shares of the utilities provider’s stock worth $2,559,972,000 after buying an additional 1,365,555 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its stake in shares of Dominion Energy by 1.6% during the second quarter. Massachusetts Financial Services Co. MA now owns 29,635,621 shares of the utilities provider’s stock valued at $1,452,145,000 after acquiring an additional 477,181 shares during the period. JPMorgan Chase & Co. boosted its holdings in Dominion Energy by 4.5% in the third quarter. JPMorgan Chase & Co. now owns 28,620,242 shares of the utilities provider’s stock valued at $1,653,964,000 after acquiring an additional 1,222,688 shares during the last quarter. Geode Capital Management LLC increased its position in Dominion Energy by 2.1% in the third quarter. Geode Capital Management LLC now owns 17,875,221 shares of the utilities provider’s stock worth $1,032,941,000 after purchasing an additional 367,193 shares during the period. Finally, Franklin Resources Inc. raised its holdings in Dominion Energy by 4.8% during the 3rd quarter. Franklin Resources Inc. now owns 8,718,747 shares of the utilities provider’s stock worth $496,358,000 after purchasing an additional 398,012 shares during the last quarter. 73.04% of the stock is owned by institutional investors.

Dominion Energy Stock Up 0.9 %

D stock traded up $0.49 during mid-day trading on Tuesday, hitting $54.15. 189,971 shares of the company were exchanged, compared to its average volume of 2,725,140. The company has a debt-to-equity ratio of 1.42, a quick ratio of 0.58 and a current ratio of 0.74. Dominion Energy, Inc. has a 1-year low of $43.53 and a 1-year high of $61.97. The firm’s 50 day simple moving average is $56.20 and its 200 day simple moving average is $55.49. The firm has a market cap of $45.49 billion, a P/E ratio of 19.00, a P/E/G ratio of 1.44 and a beta of 0.60.

Dominion Energy (NYSE:D) last issued its quarterly earnings data on Friday, November 1st. The utilities provider reported $0.98 EPS for the quarter, topping analysts’ consensus estimates of $0.93 by $0.05. The business had revenue of $3.94 billion for the quarter, compared to analyst estimates of $4.18 billion. Dominion Energy had a net margin of 16.95% and a return on equity of 8.35%. The firm’s quarterly revenue was up 3.4% on a year-over-year basis. During the same period last year, the business posted $0.77 earnings per share. On average, sell-side analysts predict that Dominion Energy, Inc. will post 2.75 EPS for the current fiscal year.

Dominion Energy Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, December 20th. Investors of record on Friday, November 29th were given a $0.6675 dividend. This represents a $2.67 dividend on an annualized basis and a yield of 4.93%. The ex-dividend date was Friday, November 29th. Dominion Energy’s dividend payout ratio is presently 93.68%.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on D shares. Morgan Stanley assumed coverage on shares of Dominion Energy in a research report on Monday, December 2nd. They set an “equal weight” rating and a $61.00 price target for the company. Barclays upped their target price on shares of Dominion Energy from $54.00 to $58.00 and gave the company an “overweight” rating in a research report on Tuesday, October 15th. Jefferies Financial Group started coverage on Dominion Energy in a research report on Friday, September 20th. They issued a “hold” rating and a $58.00 price target on the stock. Scotiabank upped their price objective on Dominion Energy from $58.00 to $61.00 and gave the company a “sector perform” rating in a report on Thursday, December 12th. Finally, 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. Eleven equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat, Dominion Energy has a consensus rating of “Hold” and a consensus price target of $56.58.

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.