Dominion Energy, Inc. (NYSE:D) Shares Sold by XTX Topco Ltd

XTX Topco Ltd reduced its stake in Dominion Energy, Inc. (NYSE:D - Free Report) by 75.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 6,070 shares of the utilities provider's stock after selling 18,358 shares during the period. XTX Topco Ltd's holdings in Dominion Energy were worth $327,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of D. Simon Quick Advisors LLC increased its stake in Dominion Energy by 4.5% in the 4th quarter. Simon Quick Advisors LLC now owns 4,250 shares of the utilities provider's stock valued at $229,000 after buying an additional 184 shares during the last quarter. Choate Investment Advisors increased its holdings in Dominion Energy by 5.4% in the 4th quarter. Choate Investment Advisors now owns 3,880 shares of the utilities provider's stock worth $209,000 after acquiring an additional 198 shares during the last quarter. Passumpsic Savings Bank lifted its stake in shares of Dominion Energy by 2.7% during the 3rd quarter. Passumpsic Savings Bank now owns 7,639 shares of the utilities provider's stock valued at $441,000 after buying an additional 199 shares in the last quarter. Covestor Ltd boosted its holdings in shares of Dominion Energy by 16.9% in the fourth quarter. Covestor Ltd now owns 1,504 shares of the utilities provider's stock worth $81,000 after acquiring an additional 217 shares during the period. Finally, Meridian Financial Partners LLC increased its position in shares of Dominion Energy by 1.6% during the fourth quarter. Meridian Financial Partners LLC now owns 13,970 shares of the utilities provider's stock valued at $752,000 after buying an additional 219 shares during the period. 73.04% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

D has been the subject of several research reports. Morgan Stanley upped their target price on shares of Dominion Energy from $60.00 to $63.00 and gave the stock an "equal weight" rating in a research report on Thursday, March 20th. UBS Group raised their price objective on Dominion Energy from $58.00 to $60.00 and gave the company a "neutral" rating in a report on Friday, March 21st. JPMorgan Chase & Co. reaffirmed an "underweight" rating and issued a $52.00 target price (down previously from $59.00) on shares of Dominion Energy in a research note on Tuesday, April 8th. Finally, Argus raised shares of Dominion Energy to a "hold" rating in a research note on Tuesday, March 25th. One research analyst has rated the stock with a sell rating, twelve have given a hold rating and one has issued a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $57.00.

Dominion Energy Trading Up 0.5 %

Shares of NYSE:D traded up $0.26 during trading on Tuesday, reaching $54.00. The stock had a trading volume of 717,537 shares, compared to its average volume of 4,346,440. The company has a quick ratio of 0.58, a current ratio of 0.74 and a debt-to-equity ratio of 1.42. The stock has a market cap of $46.02 billion, a P/E ratio of 20.00, a PEG ratio of 1.22 and a beta of 0.57. The business has a fifty day moving average price of $54.28 and a 200-day moving average price of $55.49. Dominion Energy, Inc. has a fifty-two week low of $47.99 and a fifty-two week high of $61.97.

Dominion Energy (NYSE:D - Get Free Report) last posted its quarterly earnings results on Wednesday, February 12th. The utilities provider reported $0.58 EPS for the quarter, beating the consensus estimate of $0.54 by $0.04. Dominion Energy had a return on equity of 8.99% and a net margin of 16.22%. As a group, analysts anticipate that Dominion Energy, Inc. will post 3.39 earnings per share for the current fiscal year.

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.