Banco Bilbao Vizcaya Argentaria S.A. Has $1.10 Million Holdings in Dominion Energy, Inc. (NYSE:D)

Banco Bilbao Vizcaya Argentaria S.A. cut its position in Dominion Energy, Inc. (NYSE:D - Free Report) by 23.4% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 20,437 shares of the utilities provider's stock after selling 6,230 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A.'s holdings in Dominion Energy were worth $1,099,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Simon Quick Advisors LLC lifted its holdings in shares of Dominion Energy by 4.5% in the fourth quarter. Simon Quick Advisors LLC now owns 4,250 shares of the utilities provider's stock valued at $229,000 after buying an additional 184 shares during the period. Cadence Bank raised its holdings in Dominion Energy by 2.0% during the 4th quarter. Cadence Bank now owns 9,561 shares of the utilities provider's stock worth $515,000 after buying an additional 189 shares during the period. Choate Investment Advisors lifted its stake in Dominion Energy by 5.4% during the fourth quarter. Choate Investment Advisors now owns 3,880 shares of the utilities provider's stock valued at $209,000 after buying an additional 198 shares in the last quarter. Passumpsic Savings Bank boosted its holdings in shares of Dominion Energy by 2.7% in the third quarter. Passumpsic Savings Bank now owns 7,639 shares of the utilities provider's stock worth $441,000 after buying an additional 199 shares during the period. Finally, Covestor Ltd raised its holdings in shares of Dominion Energy by 16.9% during the fourth quarter. Covestor Ltd now owns 1,504 shares of the utilities provider's stock valued at $81,000 after acquiring an additional 217 shares during the period. 73.04% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have weighed in on D. UBS Group lifted their price objective on shares of Dominion Energy from $58.00 to $60.00 and gave the stock a "neutral" rating in a research report on Friday, March 21st. JPMorgan Chase & Co. reissued an "underweight" rating and issued a $52.00 price objective (down from $59.00) on shares of Dominion Energy in a research note on Tuesday, April 8th. Argus raised Dominion Energy to a "hold" rating in a research note on Tuesday, March 25th. Finally, Morgan Stanley increased their price target on shares of Dominion Energy from $60.00 to $63.00 and gave the stock an "equal weight" rating in a research report on Thursday, March 20th. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, Dominion Energy has an average rating of "Hold" and an average target price of $57.00.

Dominion Energy Stock Performance

Shares of D stock traded up $0.43 during trading on Thursday, reaching $54.81. The company had a trading volume of 7,995,107 shares, compared to its average volume of 4,390,389. The firm's 50 day simple moving average is $54.17 and its two-hundred day simple moving average is $55.48. Dominion Energy, Inc. has a one year low of $47.99 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 $46.71 billion, a PE ratio of 20.30, a PEG ratio of 1.22 and a beta of 0.57.

Dominion Energy (NYSE:D - Get Free Report) last released its quarterly earnings results on Thursday, May 1st. The utilities provider reported $0.93 EPS for the quarter, beating analysts' consensus estimates of $0.82 by $0.11. The company had revenue of $4.08 billion for the quarter, compared to analyst estimates of $3.95 billion. Dominion Energy had a net margin of 16.22% and a return on equity of 8.99%. The company's quarterly revenue was up 12.2% compared to the same quarter last year. During the same quarter last year, the firm posted $0.55 earnings per share. Sell-side analysts forecast that Dominion Energy, Inc. will post 3.39 earnings per share for the current year.

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.