Private Trust Co. NA Sells 377 Shares of Dominion Energy, Inc. (NYSE:D)

Private Trust Co. NA decreased its position in Dominion Energy, Inc. (NYSE:D) by 7.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,790 shares of the utilities provider’s stock after selling 377 shares during the quarter. Private Trust Co. NA’s holdings in Dominion Energy were worth $258,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the company. BankPlus Trust Department bought a new stake in Dominion Energy in the 4th quarter valued at about $26,000. Roble Belko & Company Inc bought a new stake in shares of Dominion Energy in the fourth quarter valued at approximately $27,000. Sanctuary Wealth Management L.L.C. acquired a new stake in Dominion Energy during the third quarter worth approximately $28,000. Frazier Financial Advisors LLC acquired a new stake in Dominion Energy during the third quarter worth approximately $32,000. Finally, Dunhill Financial LLC increased its stake in Dominion Energy by 601.2% during the 3rd quarter. Dunhill Financial LLC now owns 568 shares of the utilities provider’s stock worth $33,000 after acquiring an additional 487 shares during the period. Institutional investors own 73.04% of the company’s stock.

Dominion Energy Price Performance

Shares of NYSE:D opened at $56.86 on Tuesday. The firm has a 50 day simple moving average of $55.01 and a 200 day simple moving average of $56.46. The company has a market cap of $47.76 billion, a price-to-earnings ratio of 21.06, a PEG ratio of 1.22 and a beta of 0.61. Dominion Energy, Inc. has a one year low of $44.49 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.

Dominion Energy (NYSE:D) last released its quarterly earnings data on Wednesday, February 12th. The utilities provider reported $0.58 earnings per share for the quarter, beating the consensus estimate of $0.54 by $0.04. Dominion Energy had a return on equity of 8.99% and a net margin of 16.22%. Research analysts predict that Dominion Energy, Inc. will post 3.39 earnings per share for the current fiscal year.

Dominion Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Friday, February 28th will be paid a $0.6675 dividend. This represents a $2.67 annualized dividend and a dividend yield of 4.70%. The ex-dividend date is Friday, February 28th. Dominion Energy’s dividend payout ratio is currently 98.89%.

Analysts Set New Price Targets

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

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.