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

Curat Global LLC bought a new stake in shares of Dominion Energy, Inc. (NYSE:D - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 6,065 shares of the utilities provider's stock, valued at approximately $340,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Cape Investment Advisory Inc. increased its holdings in Dominion Energy by 175.4% in the 4th quarter. Cape Investment Advisory Inc. now owns 471 shares of the utilities provider's stock worth $25,000 after acquiring an additional 300 shares in the last quarter. 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 buying an additional 378 shares during the last quarter. BankPlus Trust Department bought a new stake in Dominion Energy in the fourth quarter worth $26,000. Fairway Wealth LLC bought a new stake in Dominion Energy in the fourth quarter worth $27,000. Finally, Orion Capital Management LLC purchased a new stake in Dominion Energy in the fourth quarter worth $27,000. 73.04% of the stock is owned by hedge funds and other institutional investors.

Dominion Energy Trading Down 0.2%

NYSE:D traded down $0.10 during trading hours on Monday, hitting $55.68. The company had a trading volume of 5,535,127 shares, compared to its average volume of 4,554,612. 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 company has a 50-day moving average of $54.45 and a 200 day moving average of $54.90. The company has a market cap of $47.48 billion, a P/E ratio of 20.62, a P/E/G ratio of 1.22 and a beta of 0.56. 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 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. Dominion Energy had a return on equity of 8.99% and a net margin of 16.22%. The firm had revenue of $4.08 billion for the quarter, compared to analyst estimates of $3.95 billion. During the same quarter in the prior year, the company earned $0.55 EPS. Dominion Energy's revenue was up 12.2% on a year-over-year basis. Sell-side analysts expect that Dominion Energy, Inc. will post 3.39 earnings per share for the current year.

Dominion Energy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, June 20th. Shareholders of record on Thursday, May 29th will be given a $0.6675 dividend. This represents a $2.67 dividend on an annualized basis and a yield of 4.80%. The ex-dividend date is Thursday, May 29th. Dominion Energy's dividend payout ratio is currently 100.00%.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the company. Argus upgraded Dominion Energy to a "hold" rating in a research note on Tuesday, March 25th. Morgan Stanley dropped their price target on Dominion Energy from $63.00 to $62.00 and set an "equal weight" rating on the stock in a research note on Thursday, May 22nd. UBS Group upped 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. Finally, JPMorgan Chase & Co. reissued an "underweight" rating and issued a $52.00 price target (down from $59.00) on shares of Dominion Energy in a report on Tuesday, April 8th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Hold" and an average price target of $58.63.

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.