TFG Advisers LLC Purchases 516 Shares of Dominion Energy, Inc. (NYSE:D)

TFG Advisers LLC grew its holdings in shares of Dominion Energy, Inc. (NYSE:D) by 5.7% in the 4th quarter, Holdings Channel.com reports. The firm owned 9,636 shares of the utilities provider’s stock after acquiring an additional 516 shares during the period. TFG Advisers LLC’s holdings in Dominion Energy were worth $519,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the stock. Atomi Financial Group Inc. increased its position in shares of Dominion Energy by 12.2% during the third quarter. Atomi Financial Group Inc. now owns 9,650 shares of the utilities provider’s stock valued at $558,000 after acquiring an additional 1,050 shares in the last quarter. Wedmont Private Capital boosted its stake in Dominion Energy by 7.9% during the 3rd quarter. Wedmont Private Capital now owns 5,746 shares of the utilities provider’s stock valued at $328,000 after purchasing an additional 420 shares during the last quarter. Sanibel Captiva Trust Company Inc. increased its holdings in shares of Dominion Energy by 146.3% in the 3rd quarter. Sanibel Captiva Trust Company Inc. now owns 13,848 shares of the utilities provider’s stock worth $800,000 after purchasing an additional 8,225 shares in the last quarter. San Luis Wealth Advisors LLC lifted its holdings in shares of Dominion Energy by 114.1% during the third quarter. San Luis Wealth Advisors LLC now owns 12,438 shares of the utilities provider’s stock valued at $719,000 after purchasing an additional 6,629 shares in the last quarter. Finally, Virginia Wealth Management Group Inc. boosted its position in shares of Dominion Energy by 39.4% during the third quarter. Virginia Wealth Management Group Inc. now owns 49,064 shares of the utilities provider’s stock valued at $2,835,000 after buying an additional 13,859 shares during the last quarter. 73.04% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

D has been the subject of a number of recent analyst reports. Scotiabank boosted their target price on Dominion Energy from $58.00 to $61.00 and gave the stock a “sector perform” rating in a research report on Thursday, December 12th. Morgan Stanley started coverage on shares of Dominion Energy in a report on Monday, December 2nd. They set an “equal weight” rating and a $61.00 price objective for the company. Barclays raised their target price 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. Finally, The Goldman Sachs Group reiterated a “neutral” rating and set a $61.00 target price on shares of Dominion Energy in a research note on Friday, November 8th. Eleven research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $56.58.

Dominion Energy Price Performance

Shares of Dominion Energy stock opened at $54.64 on Friday. The stock’s fifty day moving average is $54.59 and its 200 day moving average is $56.14. Dominion Energy, Inc. has a one year low of $43.53 and a one year high of $61.97. The company has a debt-to-equity ratio of 1.42, a quick ratio of 0.58 and a current ratio of 0.74. The stock has a market cap of $45.90 billion, a P/E ratio of 19.17, a P/E/G ratio of 1.18 and a beta of 0.61.

Dominion Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Friday, February 28th will be paid a dividend of $0.6675 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $2.67 dividend on an annualized basis and a dividend yield of 4.89%. Dominion Energy’s dividend payout ratio (DPR) is presently 93.68%.

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.