Dominion Energy, Inc. (NYSE:D) Shares Sold by Caisse DE Depot ET Placement DU Quebec

Caisse DE Depot ET Placement DU Quebec lowered its stake in Dominion Energy, Inc. (NYSE:D - Free Report) by 40.5% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,578,811 shares of the utilities provider's stock after selling 1,073,383 shares during the quarter. Caisse DE Depot ET Placement DU Quebec owned about 0.19% of Dominion Energy worth $85,035,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in D. Simon Quick Advisors LLC lifted its position in 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 last quarter. Cadence Bank lifted its holdings in shares of Dominion Energy by 2.0% in the 4th quarter. Cadence Bank now owns 9,561 shares of the utilities provider's stock worth $515,000 after acquiring an additional 189 shares during the last quarter. Choate Investment Advisors boosted its position in shares of Dominion Energy by 5.4% during the 4th quarter. Choate Investment Advisors now owns 3,880 shares of the utilities provider's stock worth $209,000 after purchasing an additional 198 shares during the period. Covestor Ltd increased its holdings in Dominion Energy by 16.9% in the 4th quarter. Covestor Ltd now owns 1,504 shares of the utilities provider's stock valued at $81,000 after purchasing an additional 217 shares during the last quarter. Finally, Meridian Financial Partners LLC raised its position in Dominion Energy by 1.6% in the fourth quarter. Meridian Financial Partners LLC now owns 13,970 shares of the utilities provider's stock valued at $752,000 after purchasing an additional 219 shares during the period. Institutional investors own 73.04% of the company's stock.

Analyst Upgrades and Downgrades

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

Dominion Energy Stock Down 1.0 %

Dominion Energy stock traded down $0.55 during trading on Monday, reaching $54.45. The stock had a trading volume of 4,314,866 shares, compared to its average volume of 4,393,397. The company has a quick ratio of 0.58, a current ratio of 0.74 and a debt-to-equity ratio of 1.42. Dominion Energy, Inc. has a 52-week low of $47.99 and a 52-week high of $61.97. The stock has a market cap of $46.40 billion, a PE ratio of 20.17, a P/E/G ratio of 1.22 and a beta of 0.57. The business has a 50 day moving average price of $54.08 and a 200 day moving average price of $55.38.

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