Dominion Energy, Inc. (NYSE:D) Shares Acquired by Vise Technologies Inc.

Vise Technologies Inc. increased its holdings in Dominion Energy, Inc. (NYSE:D - Free Report) by 33.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 18,479 shares of the utilities provider's stock after buying an additional 4,588 shares during the quarter. Vise Technologies Inc.'s holdings in Dominion Energy were worth $995,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Norges Bank bought a new stake in Dominion Energy during the fourth quarter valued at about $473,354,000. American Century Companies Inc. boosted its position in shares of Dominion Energy by 207.7% during the fourth quarter. American Century Companies Inc. now owns 3,763,898 shares of the utilities provider's stock worth $202,724,000 after acquiring an additional 2,540,713 shares during the last quarter. Marshall Wace LLP grew its stake in Dominion Energy by 8,585.3% during the fourth quarter. Marshall Wace LLP now owns 2,210,322 shares of the utilities provider's stock valued at $119,048,000 after acquiring an additional 2,184,873 shares in the last quarter. Massachusetts Financial Services Co. MA increased its holdings in Dominion Energy by 4.9% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 30,960,638 shares of the utilities provider's stock valued at $1,667,540,000 after acquiring an additional 1,459,926 shares during the last quarter. Finally, Zimmer Partners LP purchased a new stake in Dominion Energy in the 4th quarter worth $72,269,000. 73.04% of the stock is currently owned by institutional investors.

Dominion Energy Stock Performance

NYSE:D traded down $0.77 during trading hours on Wednesday, hitting $55.96. 6,770,756 shares of the company were exchanged, compared to its average volume of 4,539,384. 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, Inc. has a 52-week low of $47.99 and a 52-week high of $61.97. The stock has a market capitalization of $47.72 billion, a price-to-earnings ratio of 20.73, a PEG ratio of 1.22 and a beta of 0.57. The company's 50 day moving average price is $54.19 and its 200-day moving average price is $54.99.

Dominion Energy (NYSE:D - Get Free Report) last issued its quarterly earnings results on Thursday, May 1st. The utilities provider reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.82 by $0.11. Dominion Energy had a net margin of 16.22% and a return on equity of 8.99%. The company had revenue of $4.08 billion for the quarter, compared to the consensus estimate of $3.95 billion. During the same quarter in the prior year, the company earned $0.55 EPS. Dominion Energy's quarterly revenue was up 12.2% on a year-over-year basis. As a group, research analysts forecast that Dominion Energy, Inc. will post 3.39 earnings per share for the current year.

Dominion Energy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 20th. Stockholders of record on Thursday, May 29th will be paid a dividend of $0.6675 per share. This represents a $2.67 annualized dividend and a dividend yield of 4.77%. The ex-dividend date of this dividend is Thursday, May 29th. Dominion Energy's payout ratio is currently 100.00%.

Analysts Set New Price Targets

D has been the topic of a number of research reports. JPMorgan Chase & Co. restated an "underweight" rating and issued a $52.00 target price (down from $59.00) on shares of Dominion Energy in a report on Tuesday, April 8th. Argus upgraded shares of Dominion Energy to a "hold" rating in a report on Tuesday, March 25th. Morgan Stanley dropped their target price on Dominion Energy from $63.00 to $62.00 and set an "equal weight" rating on the stock in a research report on Thursday, May 22nd. Finally, UBS Group upped their price objective on Dominion Energy from $58.00 to $60.00 and gave the stock a "neutral" rating in a research note 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 company's stock. According to data from MarketBeat, Dominion Energy currently has an average rating of "Hold" and an average 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.