Dominion Energy, Inc. (NYSE:D) Shares Sold by Sigma Planning Corp

Sigma Planning Corp reduced its position in Dominion Energy, Inc. (NYSE:D - Free Report) by 72.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,930 shares of the utilities provider's stock after selling 23,861 shares during the period. Sigma Planning Corp's holdings in Dominion Energy were worth $420,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in D. Criterion Capital Advisors LLC purchased a new stake in Dominion Energy in the 4th quarter worth $29,000. Moisand Fitzgerald Tamayo LLC purchased a new stake in Dominion Energy in the 4th quarter worth $30,000. FSC Wealth Advisors LLC increased its holdings in Dominion Energy by 149.6% in the 3rd quarter. FSC Wealth Advisors LLC now owns 684 shares of the utilities provider's stock worth $31,000 after acquiring an additional 410 shares in the last quarter. Venturi Wealth Management LLC increased its holdings in Dominion Energy by 84.5% in the 4th quarter. Venturi Wealth Management LLC now owns 677 shares of the utilities provider's stock worth $32,000 after acquiring an additional 310 shares in the last quarter. Finally, Briaud Financial Planning Inc purchased a new stake in Dominion Energy in the 3rd quarter worth $36,000. 73.04% of the stock is currently owned by institutional investors and hedge funds.

Dominion Energy Stock Down 1.0 %

Shares of D traded down $0.52 during mid-day trading on Friday, hitting $50.45. 3,477,143 shares of the company's stock were exchanged, compared to its average volume of 3,882,772. The company has a market cap of $42.26 billion, a price-to-earnings ratio of 21.65, a P/E/G ratio of 3.43 and a beta of 0.61. Dominion Energy, Inc. has a fifty-two week low of $39.18 and a fifty-two week high of $57.90. The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.97 and a current ratio of 1.04. The stock's 50-day moving average is $48.17 and its 200-day moving average is $46.40.

Dominion Energy (NYSE:D - Get Free Report) last released its earnings results on Thursday, February 22nd. The utilities provider reported $0.29 earnings per share for the quarter, missing analysts' consensus estimates of $0.40 by ($0.11). Dominion Energy had a return on equity of 8.83% and a net margin of 12.40%. The firm had revenue of $3.53 billion for the quarter, compared to analysts' expectations of $4.21 billion. During the same quarter in the previous year, the company posted $1.06 earnings per share. The firm's quarterly revenue was down 7.2% on a year-over-year basis. On average, sell-side analysts anticipate that Dominion Energy, Inc. will post 2.73 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on D. Guggenheim dropped their target price on shares of Dominion Energy from $57.00 to $52.00 and set a "buy" rating for the company in a report on Monday, March 4th. StockNews.com lowered shares of Dominion Energy from a "hold" rating to a "sell" rating in a report on Friday, February 23rd. Wells Fargo & Company upped their target price on shares of Dominion Energy from $49.00 to $51.00 and gave the stock an "equal weight" rating in a report on Thursday, March 7th. Scotiabank dropped their price objective on shares of Dominion Energy from $49.00 to $48.00 and set a "sector perform" rating for the company in a report on Monday, April 22nd. Finally, Bank of America upped their price objective on shares of Dominion Energy from $40.00 to $43.00 and gave the company an "underperform" rating in a report on Tuesday. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and two have issued a buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $49.10.

Insider Buying and Selling at Dominion Energy

In related news, CEO Robert M. Blue purchased 21,735 shares of the company's stock in a transaction on Monday, March 4th. The shares were bought at an average cost of $45.91 per share, for a total transaction of $997,853.85. Following the completion of the purchase, the chief executive officer now directly owns 176,240 shares of the company's stock, valued at approximately $8,091,178.40. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Dominion Energy news, Director Joseph M. Rigby bought 2,130 shares of the stock in a transaction dated Wednesday, March 6th. The shares were acquired at an average cost of $46.94 per share, for a total transaction of $99,982.20. Following the completion of the transaction, the director now owns 8,417 shares in the company, valued at approximately $395,093.98. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Robert M. Blue bought 21,735 shares of the stock in a transaction dated Monday, March 4th. The shares were acquired at an average price of $45.91 per share, for a total transaction of $997,853.85. Following the completion of the transaction, the chief executive officer now owns 176,240 shares of the company's stock, valued at approximately $8,091,178.40. The disclosure for this purchase can be found here. 0.14% of the stock is currently owned by insiders.

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.