Guggenheim Capital LLC reduced its stake in shares of Dominion Energy Inc (NYSE:D) by 23.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 177,099 shares of the utilities provider’s stock after selling 54,494 shares during the quarter. Guggenheim Capital LLC’s holdings in Dominion Energy were worth $12,785,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Brooktree Capital Management acquired a new position in Dominion Energy in the first quarter valued at approximately $29,000. HBC Financial Services PLLC acquired a new position in shares of Dominion Energy in the 4th quarter valued at approximately $33,000. Ballast Advisors LLC acquired a new position in shares of Dominion Energy in the 1st quarter valued at approximately $35,000. Bellevue Asset Management LLC grew its holdings in shares of Dominion Energy by 50.0% during the 1st quarter. Bellevue Asset Management LLC now owns 450 shares of the utilities provider’s stock valued at $35,000 after purchasing an additional 150 shares during the last quarter. Finally, Atlas Private Wealth Management bought a new stake in shares of Dominion Energy during the 4th quarter valued at approximately $36,000. 66.46% of the stock is currently owned by institutional investors and hedge funds.

D has been the topic of a number of analyst reports. Credit Suisse Group upped their price objective on shares of Dominion Energy from $80.00 to $85.00 and gave the company an “outperform” rating in a research note on Thursday, May 14th. Barclays dropped their target price on shares of Dominion Energy from $93.00 to $74.00 and set an “overweight” rating on the stock in a research report on Thursday, March 26th. Mizuho boosted their target price on shares of Dominion Energy from $69.00 to $82.00 and gave the company a “neutral” rating in a research report on Monday, April 20th. Wolfe Research downgraded shares of Dominion Energy from an “outperform” rating to a “peer perform” rating in a research report on Friday, May 29th. Finally, UBS Group boosted their target price on shares of Dominion Energy from $87.00 to $92.00 and gave the company a “buy” rating in a research report on Monday. Eight equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Dominion Energy presently has a consensus rating of “Hold” and a consensus target price of $85.33.

Shares of D stock traded down $1.40 during trading hours on Friday, reaching $79.74. 36,955 shares of the company’s stock were exchanged, compared to its average volume of 4,469,821. The company has a market cap of $67.93 billion, a P/E ratio of 36.50, a price-to-earnings-growth ratio of 4.04 and a beta of 0.44. The company’s 50 day moving average is $82.09 and its two-hundred day moving average is $81.09. Dominion Energy Inc has a 1 year low of $57.79 and a 1 year high of $90.89. The company has a debt-to-equity ratio of 1.14, a current ratio of 0.63 and a quick ratio of 0.47.

Dominion Energy (NYSE:D) last issued its earnings results on Tuesday, May 5th. The utilities provider reported $1.09 EPS for the quarter, missing the Zacks’ consensus estimate of $1.10 by ($0.01). The company had revenue of $4.50 billion during the quarter, compared to analyst estimates of $4.74 billion. Dominion Energy had a net margin of 10.80% and a return on equity of 11.97%. The business’s revenue was up 16.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.10 earnings per share. As a group, analysts predict that Dominion Energy Inc will post 4.33 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Saturday, June 20th. Investors of record on Friday, June 5th were issued a $0.94 dividend. This represents a $3.76 dividend on an annualized basis and a yield of 4.72%. The ex-dividend date of this dividend was Thursday, June 4th. Dominion Energy’s dividend payout ratio is presently 88.68%.

Dominion Energy Company Profile

Dominion Energy, Inc produces and transports energy. The company's Power Delivery segment engages in the regulated electric transmission and distribution operations that serve residential, commercial, industrial, and governmental customers in Virginia and North Carolina. Its Power Generation segment is involved in the electricity generation activities.

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Institutional Ownership by Quarter for Dominion Energy (NYSE:D)

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