Curat Global LLC Buys Shares of 6,065 Dominion Energy, Inc. (NYSE:D)

Curat Global LLC purchased a new stake in Dominion Energy, Inc. (NYSE:D - Free Report) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 6,065 shares of the utilities provider's stock, valued at approximately $340,000.

A number of other hedge funds have also recently bought and sold shares of the stock. Chesley Taft & Associates LLC grew its stake in Dominion Energy by 3.5% in the first quarter. Chesley Taft & Associates LLC now owns 16,577 shares of the utilities provider's stock valued at $929,000 after purchasing an additional 557 shares in the last quarter. Salvus Wealth Management LLC lifted its stake in Dominion Energy by 23.2% in the 1st quarter. Salvus Wealth Management LLC now owns 12,679 shares of the utilities provider's stock valued at $711,000 after purchasing an additional 2,389 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. lifted its stake in Dominion Energy by 49.9% in the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,628 shares of the utilities provider's stock valued at $147,000 after purchasing an additional 875 shares during the last quarter. Apella Capital LLC lifted its stake in Dominion Energy by 12.3% in the 1st quarter. Apella Capital LLC now owns 8,386 shares of the utilities provider's stock valued at $438,000 after purchasing an additional 920 shares during the last quarter. Finally, Triangle Securities Wealth Management lifted its stake in Dominion Energy by 12.5% in the 1st quarter. Triangle Securities Wealth Management now owns 10,583 shares of the utilities provider's stock valued at $593,000 after purchasing an additional 1,178 shares during the last quarter. 73.04% of the stock is currently owned by institutional investors.

Dominion Energy Price Performance

Shares of NYSE D traded down $0.19 during trading hours on Friday, hitting $55.81. 4,402,690 shares of the stock were exchanged, compared to its average volume of 4,551,680. 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 market cap of $47.59 billion, a PE ratio of 20.67, a price-to-earnings-growth ratio of 1.22 and a beta of 0.57. The company's fifty day simple moving average is $54.45 and its two-hundred day simple moving average is $54.96. Dominion Energy, Inc. has a 1-year low of $47.99 and a 1-year high of $61.97.

Dominion Energy (NYSE:D - Get Free Report) last posted its quarterly earnings results 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 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 firm's revenue for the quarter was up 12.2% on a year-over-year basis. During the same quarter last year, the business posted $0.55 EPS. On average, sell-side analysts predict that Dominion Energy, Inc. will post 3.39 EPS for the current year.

Dominion Energy Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, June 20th. Investors of record on Thursday, May 29th will be given a dividend of $0.6675 per share. The ex-dividend date is Thursday, May 29th. This represents a $2.67 annualized dividend and a dividend yield of 4.78%. Dominion Energy's dividend payout ratio is 100.00%.

Analyst Ratings Changes

Several brokerages recently issued reports on D. JPMorgan Chase & Co. reiterated an "underweight" rating and issued a $52.00 target price (down from $59.00) on shares of Dominion Energy in a research note on Tuesday, April 8th. Argus raised shares of Dominion Energy to a "hold" rating in a report on Tuesday, March 25th. Morgan Stanley lowered their target price on shares of Dominion Energy from $63.00 to $62.00 and set an "equal weight" rating on the stock in a report on Thursday, May 22nd. Finally, UBS Group raised their target price 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. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and one has assigned a buy rating to the stock. According to MarketBeat, Dominion Energy presently has an average rating of "Hold" and a consensus target price of $58.63.

Dominion Energy 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.