Courier Capital LLC Sells 4,174 Shares of Dominion Energy, Inc. (NYSE:D)

Courier Capital LLC lessened its stake in Dominion Energy, Inc. (NYSE:D) by 13.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 27,172 shares of the utilities provider’s stock after selling 4,174 shares during the quarter. Courier Capital LLC’s holdings in Dominion Energy were worth $1,463,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of D. Sanctuary Wealth Management L.L.C. bought a new stake in shares of Dominion Energy in the third quarter valued at approximately $28,000. Frazier Financial Advisors LLC purchased a new position in Dominion Energy in the 3rd quarter valued at approximately $32,000. Dunhill Financial LLC raised its holdings in Dominion Energy by 601.2% during the 3rd quarter. Dunhill Financial LLC now owns 568 shares of the utilities provider’s stock valued at $33,000 after acquiring an additional 487 shares during the period. Larson Financial Group LLC lifted its position in shares of Dominion Energy by 282.4% during the third quarter. Larson Financial Group LLC now owns 608 shares of the utilities provider’s stock worth $35,000 after acquiring an additional 449 shares in the last quarter. Finally, Kimelman & Baird LLC bought a new position in shares of Dominion Energy in the second quarter worth $36,000. Hedge funds and other institutional investors own 73.04% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on D shares. Jefferies Financial Group assumed coverage on Dominion Energy in a report on Friday, September 20th. They set a “hold” rating and a $58.00 price objective on the stock. The Goldman Sachs Group restated a “neutral” rating and issued a $61.00 price objective on shares of Dominion Energy in a research report on Friday, November 8th. Scotiabank boosted their price objective 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. Morgan Stanley assumed coverage on shares of Dominion Energy in a research note on Monday, December 2nd. They issued an “equal weight” rating and a $61.00 target price on the stock. Finally, Barclays upped their price target on shares of Dominion Energy from $54.00 to $58.00 and gave the stock an “overweight” rating in a report on Tuesday, October 15th. Eleven analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat, Dominion Energy presently has an average rating of “Hold” and an average target price of $56.58.

Dominion Energy Stock Up 0.0 %

D opened at $53.41 on Tuesday. The business’s fifty day simple moving average is $55.74 and its 200 day simple moving average is $55.65. Dominion Energy, Inc. has a 52 week low of $43.53 and a 52 week high of $61.97. The company has a quick ratio of 0.58, a current ratio of 0.74 and a debt-to-equity ratio of 1.42. The stock has a market cap of $44.86 billion, a PE ratio of 18.74, a P/E/G ratio of 1.44 and a beta of 0.60.

Dominion Energy (NYSE:D) last announced its quarterly earnings data on Friday, November 1st. The utilities provider reported $0.98 EPS for the quarter, beating the consensus estimate of $0.93 by $0.05. The firm had revenue of $3.94 billion for the quarter, compared to analyst estimates of $4.18 billion. Dominion Energy had a return on equity of 8.35% and a net margin of 16.95%. The company’s revenue was up 3.4% on a year-over-year basis. During the same period in the prior year, the company earned $0.77 EPS. As a group, research analysts expect that Dominion Energy, Inc. will post 2.75 earnings per share for the current fiscal year.

Dominion Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 20th. Stockholders of record on Friday, November 29th were paid a $0.6675 dividend. The ex-dividend date of this dividend was Friday, November 29th. This represents a $2.67 dividend on an annualized basis and a dividend yield of 5.00%. Dominion Energy’s dividend payout ratio (DPR) is 93.68%.

Dominion Energy 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.