Dominion Energy Inc (D) Shares Bought by Plimoth Trust Co. LLC

Plimoth Trust Co. LLC grew its position in Dominion Energy Inc (NYSE:D) by 38.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,476 shares of the utilities provider’s stock after purchasing an additional 6,813 shares during the period. Plimoth Trust Co. LLC’s holdings in Dominion Energy were worth $1,877,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Valeo Financial Advisors LLC lifted its position in Dominion Energy by 6.5% during the 1st quarter. Valeo Financial Advisors LLC now owns 2,231 shares of the utilities provider’s stock worth $171,000 after acquiring an additional 136 shares in the last quarter. Manchester Capital Management LLC lifted its position in Dominion Energy by 4.7% during the 4th quarter. Manchester Capital Management LLC now owns 3,255 shares of the utilities provider’s stock worth $222,000 after acquiring an additional 146 shares in the last quarter. Heritage Trust Co increased its holdings in Dominion Energy by 58.8% during the 4th quarter. Heritage Trust Co now owns 405 shares of the utilities provider’s stock worth $29,000 after purchasing an additional 150 shares during the last quarter. Lederer & Associates Investment Counsel CA increased its holdings in Dominion Energy by 0.8% during the 1st quarter. Lederer & Associates Investment Counsel CA now owns 19,420 shares of the utilities provider’s stock worth $1,489,000 after purchasing an additional 150 shares during the last quarter. Finally, Flagship Harbor Advisors LLC increased its holdings in Dominion Energy by 2.2% during the 1st quarter. Flagship Harbor Advisors LLC now owns 6,947 shares of the utilities provider’s stock worth $532,000 after purchasing an additional 152 shares during the last quarter. 58.90% of the stock is currently owned by institutional investors and hedge funds.

Shares of D opened at $74.92 on Monday. The firm has a market cap of $59.89 billion, a P/E ratio of 18.50, a P/E/G ratio of 3.20 and a beta of 0.22. The company has a quick ratio of 0.49, a current ratio of 0.67 and a debt-to-equity ratio of 1.41. Dominion Energy Inc has a 12 month low of $61.53 and a 12 month high of $77.50.

Dominion Energy (NYSE:D) last issued its quarterly earnings data on Friday, February 1st. The utilities provider reported $0.89 EPS for the quarter, missing the Zacks’ consensus estimate of $0.91 by ($0.02). The company had revenue of $3.36 billion for the quarter, compared to the consensus estimate of $3.13 billion. Dominion Energy had a return on equity of 12.85% and a net margin of 18.31%. Dominion Energy’s quarterly revenue was up 4.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.91 earnings per share. On average, equities analysts forecast that Dominion Energy Inc will post 4.19 earnings per share for the current fiscal year.

In other Dominion Energy news, Director D Maybank Hagood purchased 1,965 shares of Dominion Energy stock in a transaction on Wednesday, March 13th. The stock was bought at an average price of $76.34 per share, for a total transaction of $150,008.10. Following the transaction, the director now owns 2,975 shares of the company’s stock, valued at approximately $227,111.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Diane Leopold sold 2,500 shares of the business’s stock in a transaction on Tuesday, February 5th. The stock was sold at an average price of $71.31, for a total value of $178,275.00. Following the transaction, the chief executive officer now owns 48,677 shares of the company’s stock, valued at approximately $3,471,156.87. The disclosure for this sale can be found here. 0.26% of the stock is owned by corporate insiders.

Several equities research analysts have issued reports on D shares. Bank of America downgraded Dominion Energy from a “neutral” rating to an “underperform” rating and dropped their price objective for the stock from $72.00 to $69.00 in a report on Friday, January 11th. Zacks Investment Research restated a “sell” rating on shares of Dominion Energy in a report on Monday, December 31st. ValuEngine downgraded Dominion Energy from a “buy” rating to a “hold” rating in a report on Wednesday, January 2nd. JPMorgan Chase & Co. downgraded Dominion Energy from an “overweight” rating to a “neutral” rating and lowered their price target for the company from $79.00 to $73.00 in a report on Tuesday, January 22nd. Finally, Macquarie downgraded Dominion Energy from an “outperform” rating to a “neutral” rating in a report on Monday, March 18th. They noted that the move was a valuation call. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and four have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $85.08.

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Dominion Energy 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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