Blue Rock Wealth Management LLC Makes New Investment in Dominion Energy, Inc. (NYSE:D)

Blue Rock Wealth Management LLC bought a new stake in shares of Dominion Energy, Inc. (NYSE:D - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 4,629 shares of the utilities provider's stock, valued at approximately $251,000.

Several other large investors have also bought and sold shares of the stock. Howard Capital Management Group LLC purchased a new stake in shares of Dominion Energy in the third quarter worth $210,000. Barclays PLC boosted its holdings in shares of Dominion Energy by 19.8% in the 3rd quarter. Barclays PLC now owns 2,452,701 shares of the utilities provider's stock worth $141,739,000 after purchasing an additional 404,868 shares in the last quarter. Passumpsic Savings Bank grew its stake in shares of Dominion Energy by 2.7% during the third quarter. Passumpsic Savings Bank now owns 7,639 shares of the utilities provider's stock valued at $441,000 after buying an additional 199 shares during the last quarter. Morse Asset Management Inc bought a new stake in Dominion Energy during the 3rd quarter valued at $734,000. Finally, Pine Valley Investments Ltd Liability Co grew its holdings in Dominion Energy by 7.2% in the 3rd quarter. Pine Valley Investments Ltd Liability Co now owns 5,397 shares of the utilities provider's stock worth $312,000 after acquiring an additional 361 shares during the last quarter. 73.04% of the stock is currently owned by institutional investors.

Dominion Energy Price Performance

Dominion Energy stock traded up $0.43 during mid-day trading on Tuesday, reaching $54.85. 1,607,013 shares of the company's stock traded hands, compared to its average volume of 4,382,524. The stock has a 50 day moving average of $54.03 and a two-hundred day moving average of $55.34. The company has a quick ratio of 0.58, a current ratio of 0.74 and a debt-to-equity ratio of 1.42. The company has a market cap of $46.74 billion, a price-to-earnings ratio of 20.32, a PEG ratio of 1.22 and a beta of 0.57. Dominion Energy, Inc. has a 12-month low of $47.99 and a 12-month high of $61.97.

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

Analyst Ratings Changes

A number of research firms have commented on D. Morgan Stanley upped their price target on Dominion Energy from $60.00 to $63.00 and gave the company an "equal weight" rating in a research report on Thursday, March 20th. UBS Group upped their price objective on shares of Dominion Energy from $58.00 to $60.00 and gave the stock a "neutral" rating in a report on Friday, March 21st. Argus raised shares of Dominion Energy to a "hold" rating in a research note on Tuesday, March 25th. Finally, JPMorgan Chase & Co. restated an "underweight" rating and issued a $52.00 price objective (down from $59.00) on shares of Dominion Energy in a report on Tuesday, April 8th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $58.22.

About Dominion Energy

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.