Kestra Private Wealth Services LLC Sells 1,801 Shares of Dominion Energy, Inc. (NYSE:D)

Kestra Private Wealth Services LLC cut its holdings in Dominion Energy, Inc. (NYSE:D) by 3.9% during the 4th quarter, HoldingsChannel.com reports. The fund owned 43,883 shares of the utilities provider’s stock after selling 1,801 shares during the period. Kestra Private Wealth Services LLC’s holdings in Dominion Energy were worth $2,364,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Roble Belko & Company Inc bought a new position in Dominion Energy in the fourth quarter worth approximately $27,000. Sanctuary Wealth Management L.L.C. acquired a new position in shares of Dominion Energy during the 3rd quarter worth about $28,000. Frazier Financial Advisors LLC purchased a new position in Dominion Energy in the 3rd quarter valued at $32,000. Dunhill Financial LLC lifted its stake in Dominion Energy by 601.2% in the 3rd quarter. Dunhill Financial LLC now owns 568 shares of the utilities provider’s stock worth $33,000 after purchasing an additional 487 shares in the last quarter. Finally, Larson Financial Group LLC boosted its position in shares of Dominion Energy by 282.4% during the 3rd quarter. Larson Financial Group LLC now owns 608 shares of the utilities provider’s stock valued at $35,000 after acquiring an additional 449 shares during the last quarter. Institutional investors own 73.04% of the company’s stock.

Dominion Energy Trading Up 0.8 %

Dominion Energy stock opened at $55.73 on Wednesday. The company’s fifty day moving average price is $54.47 and its two-hundred day moving average price is $56.25. 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 current ratio of 0.74 and a quick ratio of 0.58. The company has a market capitalization of $46.81 billion, a price-to-earnings ratio of 19.55, a PEG ratio of 1.18 and a beta of 0.61.

Dominion Energy Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Friday, February 28th will be given a dividend of $0.6675 per share. This represents a $2.67 dividend on an annualized basis and a yield of 4.79%. The ex-dividend date of this dividend is Friday, February 28th. Dominion Energy’s dividend payout ratio (DPR) is currently 93.68%.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on D shares. Barclays increased their price target 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. The Goldman Sachs Group restated a “neutral” rating and set a $61.00 price objective on shares of Dominion Energy in a research report on Friday, November 8th. Morgan Stanley started 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 on the stock. Finally, Scotiabank boosted their target price 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. Eleven equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, Dominion Energy currently has an average rating of “Hold” and a consensus target price 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.