Dominion Energy, Inc. (NYSE:D) Shares Sold by Trust Co. of Toledo NA OH

Trust Co. of Toledo NA OH decreased its position in Dominion Energy, Inc. (NYSE:D) by 10.7% in the 4th quarter, HoldingsChannel reports. The firm owned 22,140 shares of the utilities provider’s stock after selling 2,661 shares during the period. Trust Co. of Toledo NA OH’s holdings in Dominion Energy were worth $1,192,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. BLB&B Advisors LLC increased its stake in shares of Dominion Energy by 2.5% during the 3rd quarter. BLB&B Advisors LLC now owns 7,223 shares of the utilities provider’s stock valued at $417,000 after acquiring an additional 173 shares during the last quarter. Cobblestone Capital Advisors LLC NY increased its stake in shares of Dominion Energy by 2.6% during the 3rd quarter. Cobblestone Capital Advisors LLC NY now owns 7,786 shares of the utilities provider’s stock valued at $450,000 after acquiring an additional 195 shares during the last quarter. Passumpsic Savings Bank increased its stake in shares of Dominion Energy by 2.7% during the 3rd quarter. Passumpsic Savings Bank now owns 7,639 shares of the utilities provider’s stock valued at $441,000 after acquiring an additional 199 shares during the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its stake in shares of Dominion Energy by 3.5% during the 3rd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 5,920 shares of the utilities provider’s stock valued at $342,000 after acquiring an additional 200 shares during the last quarter. Finally, Busey Bank increased its stake in shares of Dominion Energy by 3.4% during the 3rd quarter. Busey Bank now owns 6,134 shares of the utilities provider’s stock valued at $354,000 after acquiring an additional 203 shares during the last quarter. Institutional investors and hedge funds own 73.04% of the company’s stock.

Dominion Energy Stock Up 0.0 %

Shares of NYSE:D opened at $53.41 on Tuesday. The company has a quick ratio of 0.58, a current ratio of 0.74 and a debt-to-equity ratio of 1.42. Dominion Energy, Inc. has a 52-week low of $43.53 and a 52-week high of $61.97. The company has a 50 day moving average of $55.74 and a two-hundred day moving average of $55.65. The company has a market capitalization of $44.86 billion, a price-to-earnings ratio of 18.74, a price-to-earnings-growth 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 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.93 by $0.05. Dominion Energy had a net margin of 16.95% and a return on equity of 8.35%. The company had revenue of $3.94 billion during the quarter, compared to the consensus estimate of $4.18 billion. During the same quarter last year, the company earned $0.77 earnings per share. Dominion Energy’s revenue for the quarter was up 3.4% on a year-over-year basis. As a group, analysts forecast that Dominion Energy, Inc. will post 2.75 earnings per share for the current fiscal year.

Dominion Energy Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on D. Barclays increased their target price on shares of Dominion Energy from $54.00 to $58.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 15th. Jefferies Financial Group began coverage on shares of Dominion Energy in a research report on Friday, September 20th. They set a “hold” rating and a $58.00 target price for the company. The Goldman Sachs Group reissued a “neutral” rating and set a $61.00 target price on shares of Dominion Energy in a research report on Friday, November 8th. Morgan Stanley began coverage on shares of Dominion Energy in a research report on Monday, December 2nd. They set an “equal weight” rating and a $61.00 target price for the company. Finally, Scotiabank increased their target price on shares of Dominion Energy from $58.00 to $61.00 and gave the stock a “sector perform” rating in a research report on Thursday, December 12th. Eleven equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, Dominion Energy presently has a consensus rating of “Hold” and an average price target of $56.58.

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.