3,547 Shares in Dominion Energy, Inc. (NYSE:D) Purchased by Eagle Strategies LLC

Eagle Strategies LLC acquired a new stake in shares of Dominion Energy, Inc. (NYSE:D) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 3,547 shares of the utilities provider’s stock, valued at approximately $205,000.

Other large investors also recently modified their holdings of the company. Family Firm Inc. acquired a new stake in Dominion Energy in the 2nd quarter valued at $27,000. LRI Investments LLC bought a new position in shares of Dominion Energy during the first quarter valued at $30,000. Triad Wealth Partners LLC acquired a new stake in shares of Dominion Energy in the 2nd quarter valued at $33,000. Opal Wealth Advisors LLC bought a new stake in shares of Dominion Energy in the 2nd quarter worth about $35,000. Finally, Kimelman & Baird LLC bought a new position in Dominion Energy during the 2nd quarter valued at about $36,000. 73.04% of the stock is currently owned by institutional investors.

Dominion Energy Price Performance

Dominion Energy stock opened at $58.46 on Thursday. The business’s 50-day simple moving average is $57.76 and its 200 day simple moving average is $53.94. The company has a quick ratio of 0.78, a current ratio of 0.93 and a debt-to-equity ratio of 1.42. The stock has a market cap of $48.97 billion, a price-to-earnings ratio of 30.13, a P/E/G ratio of 1.59 and a beta of 0.60. Dominion Energy, Inc. has a 12-month low of $39.44 and a 12-month high of $61.26.

Dominion Energy (NYSE:D) last issued its quarterly earnings results on Thursday, August 1st. The utilities provider reported $0.65 EPS for the quarter, topping the consensus estimate of $0.56 by $0.09. Dominion Energy had a net margin of 11.63% and a return on equity of 7.69%. The company had revenue of $3.49 billion during the quarter, compared to analysts’ expectations of $3.73 billion. During the same quarter in the previous year, the company earned $0.53 EPS. Dominion Energy’s revenue was up 10.1% on a year-over-year basis. As a group, research analysts anticipate that Dominion Energy, Inc. will post 2.76 earnings per share for the current year.

Analysts Set New Price Targets

Several analysts have weighed in on D shares. Jefferies Financial Group started coverage on shares of Dominion Energy in a research note on Friday, September 20th. They set a “hold” rating and a $58.00 price objective on the stock. Barclays increased their price target on Dominion Energy from $54.00 to $58.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 15th. BMO Capital Markets lifted their price objective on Dominion Energy from $53.00 to $57.00 and gave the company a “market perform” rating in a research report on Monday, August 5th. Scotiabank raised their target price on Dominion Energy from $48.00 to $58.00 and gave the company a “sector perform” rating in a research note on Tuesday, August 20th. Finally, JPMorgan Chase & Co. lifted their price target on Dominion Energy from $54.00 to $57.00 and gave the company a “neutral” rating in a report on Monday, August 12th. Nine equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $55.40.

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.