Nomura Holdings Inc. Buys 15,176 Shares of Dominion Energy, Inc. (NYSE:D)

Nomura Holdings Inc. boosted its holdings in shares of Dominion Energy, Inc. (NYSE:D - Free Report) by 121.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 27,676 shares of the utilities provider's stock after acquiring an additional 15,176 shares during the quarter. Nomura Holdings Inc.'s holdings in Dominion Energy were worth $1,491,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in D. Barclays PLC lifted its position in shares of Dominion Energy by 19.8% during the 3rd quarter. Barclays PLC now owns 2,452,701 shares of the utilities provider's stock worth $141,739,000 after buying an additional 404,868 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in Dominion Energy by 4.5% during the third quarter. JPMorgan Chase & Co. now owns 28,620,242 shares of the utilities provider's stock worth $1,653,964,000 after buying an additional 1,222,688 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its position in Dominion Energy by 273.8% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,753 shares of the utilities provider's stock worth $94,000 after acquiring an additional 1,284 shares during the period. Hennessy Advisors Inc. grew its position in shares of Dominion Energy by 2.8% during the 4th quarter. Hennessy Advisors Inc. now owns 66,277 shares of the utilities provider's stock valued at $3,570,000 after acquiring an additional 1,800 shares during the period. Finally, Wealthcare Advisory Partners LLC increased its stake in shares of Dominion Energy by 83.8% during the 4th quarter. Wealthcare Advisory Partners LLC now owns 15,507 shares of the utilities provider's stock worth $835,000 after purchasing an additional 7,072 shares during the last quarter. 73.04% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on D. Morgan Stanley increased their price target on Dominion Energy from $60.00 to $63.00 and gave the stock an "equal weight" rating in a research note on Thursday, March 20th. UBS Group boosted their target price 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. Argus raised Dominion Energy to a "hold" rating in a report on Tuesday, March 25th. Finally, JPMorgan Chase & Co. reiterated an "underweight" rating and set a $52.00 price objective (down from $59.00) on shares of Dominion Energy in a research note on Tuesday, April 8th. One equities research 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. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $58.75.

Dominion Energy Price Performance

NYSE D traded down $1.46 during trading on Wednesday, reaching $56.54. The company's stock had a trading volume of 7,409,675 shares, compared to its average volume of 4,498,161. The firm has a fifty day moving average of $54.04 and a 200 day moving average of $55.03. Dominion Energy, Inc. has a one year low of $47.99 and a one year high of $61.97. The stock has a market capitalization of $48.21 billion, a PE ratio of 20.94, a P/E/G ratio of 1.22 and a beta of 0.57. The company has a debt-to-equity ratio of 1.42, a current ratio of 0.74 and a quick ratio of 0.58.

Dominion Energy (NYSE:D - Get Free Report) last announced its earnings results on Thursday, May 1st. The utilities provider reported $0.93 earnings per share for the quarter, beating analysts' consensus estimates of $0.82 by $0.11. Dominion Energy had a net margin of 16.22% and a return on equity of 8.99%. The business had revenue of $4.08 billion for the quarter, compared to the consensus estimate of $3.95 billion. During the same period last year, the firm posted $0.55 earnings per share. Dominion Energy's quarterly revenue was up 12.2% on a year-over-year basis. Analysts expect that Dominion Energy, Inc. will post 3.39 EPS for the current fiscal year.

Dominion Energy Dividend Announcement

The company 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 dividend of $0.6675 per share. The ex-dividend date is Thursday, May 29th. This represents a $2.67 dividend on an annualized basis and a yield of 4.72%. Dominion Energy's payout ratio is 100.00%.

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.