Van Lanschot Kempen Investment Management N.V. Has $7.76 Million Position in Dominion Energy, Inc. (NYSE:D)

Van Lanschot Kempen Investment Management N.V. grew its holdings in Dominion Energy, Inc. (NYSE:D - Free Report) by 67.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 144,017 shares of the utilities provider's stock after acquiring an additional 58,181 shares during the quarter. Van Lanschot Kempen Investment Management N.V.'s holdings in Dominion Energy were worth $7,757,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Vectors Research Management LLC lifted its position in Dominion Energy by 21.1% in the fourth quarter. Vectors Research Management LLC now owns 37,369 shares of the utilities provider's stock worth $2,013,000 after purchasing an additional 6,516 shares during the period. Tower Research Capital LLC TRC lifted its position in Dominion Energy by 9.6% in the fourth quarter. Tower Research Capital LLC TRC now owns 49,294 shares of the utilities provider's stock worth $2,655,000 after purchasing an additional 4,316 shares during the period. Kayne Anderson Rudnick Investment Management LLC lifted its position in 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 worth $25,000 after purchasing an additional 378 shares during the period. MetLife Investment Management LLC lifted its position in Dominion Energy by 1.9% in the fourth quarter. MetLife Investment Management LLC now owns 222,296 shares of the utilities provider's stock worth $11,973,000 after purchasing an additional 4,169 shares during the period. Finally, Natixis lifted its position in Dominion Energy by 1,923.7% in the fourth quarter. Natixis now owns 169,624 shares of the utilities provider's stock worth $9,136,000 after purchasing an additional 161,242 shares during the period. 73.04% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

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

Dominion Energy Price Performance

Shares of D traded down $0.41 during mid-day trading on Friday, hitting $52.94. 5,352,231 shares of the company traded hands, compared to its average volume of 4,362,517. Dominion Energy, Inc. has a one year low of $47.99 and a one year high of $61.97. The company has a current ratio of 0.74, a quick ratio of 0.58 and a debt-to-equity ratio of 1.42. The business has a 50-day moving average of $54.32 and a 200 day moving average of $55.51. The stock has a market capitalization of $45.12 billion, a price-to-earnings ratio of 19.61, 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 Wednesday, February 12th. The utilities provider reported $0.58 EPS for the quarter, beating the consensus estimate of $0.54 by $0.04. Dominion Energy had a net margin of 16.22% and a return on equity of 8.99%. As a group, equities analysts expect that Dominion Energy, Inc. will post 3.39 earnings per share for the current fiscal 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.