Dominion Energy, Inc. (NYSE:D) Shares Bought by Northern Trust Corp

Northern Trust Corp increased its stake in shares of Dominion Energy, Inc. (NYSE:D - Free Report) by 16.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 9,315,991 shares of the utilities provider's stock after acquiring an additional 1,330,459 shares during the period. Northern Trust Corp owned about 1.11% of Dominion Energy worth $501,759,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. Cape Investment Advisory Inc. increased its stake in shares of Dominion Energy by 175.4% in the 4th quarter. Cape Investment Advisory Inc. now owns 471 shares of the utilities provider's stock valued at $25,000 after purchasing an additional 300 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC increased its position in shares of Dominion Energy by 450.0% in the fourth quarter. Kayne Anderson Rudnick Investment Management LLC now owns 462 shares of the utilities provider's stock valued at $25,000 after buying an additional 378 shares in the last quarter. BankPlus Trust Department acquired a new position in shares of Dominion Energy during the 4th quarter worth approximately $26,000. Roble Belko & Company Inc purchased a new position in shares of Dominion Energy during the 4th quarter valued at approximately $27,000. Finally, Fairway Wealth LLC acquired a new stake in Dominion Energy in the 4th quarter valued at $27,000. 73.04% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

Dominion Energy Trading Up 0.3 %

Shares of NYSE D traded up $0.17 during midday trading on Friday, reaching $55.00. 7,472,082 shares of the stock were exchanged, compared to its average volume of 4,391,105. The stock has a market capitalization of $46.87 billion, a P/E ratio of 20.37, a PEG ratio of 1.22 and a beta of 0.57. The company has a debt-to-equity ratio of 1.42, a quick ratio of 0.58 and a current ratio of 0.74. The company has a 50 day simple moving average of $54.08 and a 200 day simple moving average of $55.45. Dominion Energy, Inc. has a twelve month low of $47.99 and a twelve month high of $61.97.

Dominion Energy (NYSE:D - Get Free Report) last posted its 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 the consensus estimate of $3.95 billion. Dominion Energy had a return on equity of 8.99% and a net margin of 16.22%. The company's revenue for the quarter was up 12.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.55 earnings per share. As a group, equities analysts expect that Dominion Energy, Inc. will post 3.39 earnings per share for the current year.

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.