Campbell Wealth Management Raises Position in Dominion Energy, Inc. (NYSE:D)

Campbell Wealth Management increased its stake in shares of Dominion Energy, Inc. (NYSE:D) by 11.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,111 shares of the utilities provider’s stock after purchasing an additional 1,204 shares during the period. Campbell Wealth Management’s holdings in Dominion Energy were worth $652,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Asset Planning Inc acquired a new stake in Dominion Energy during the fourth quarter worth approximately $99,000. V Square Quantitative Management LLC lifted its stake in shares of Dominion Energy by 5.7% in the fourth quarter. V Square Quantitative Management LLC now owns 12,191 shares of the utilities provider’s stock worth $657,000 after acquiring an additional 655 shares in the last quarter. First Merchants Corp boosted its stake in Dominion Energy by 8.9% during the 4th quarter. First Merchants Corp now owns 7,014 shares of the utilities provider’s stock valued at $378,000 after acquiring an additional 575 shares during the last quarter. Vontobel Holding Ltd. increased its stake in Dominion Energy by 18.3% during the fourth quarter. Vontobel Holding Ltd. now owns 7,969 shares of the utilities provider’s stock valued at $429,000 after purchasing an additional 1,235 shares during the last quarter. Finally, Catalyst Financial Partners LLC boosted its holdings in shares of Dominion Energy by 10.2% during the fourth quarter. Catalyst Financial Partners LLC now owns 7,691 shares of the utilities provider’s stock valued at $414,000 after acquiring an additional 709 shares during the period. Hedge funds and other institutional investors own 73.04% of the company’s stock.

Dominion Energy Trading Up 1.4 %

Dominion Energy stock opened at $56.69 on Friday. The stock has a market cap of $47.62 billion, a price-to-earnings ratio of 19.89, a price-to-earnings-growth ratio of 1.18 and a beta of 0.61. 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 business has a 50 day moving average price of $54.44 and a two-hundred day moving average price of $56.27. Dominion Energy, Inc. has a 12 month low of $44.16 and a 12 month high of $61.97.

Dominion Energy (NYSE:D) last announced its earnings results on Wednesday, February 12th. The utilities provider reported $0.58 EPS for the quarter, topping the consensus estimate of $0.54 by $0.04. Dominion Energy had a return on equity of 8.35% and a net margin of 16.95%. As a group, equities analysts forecast that Dominion Energy, Inc. will post 2.76 EPS for the current year.

Dominion Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Friday, February 28th will be issued a $0.6675 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $2.67 dividend on an annualized basis and a yield of 4.71%. Dominion Energy’s dividend payout ratio is presently 93.68%.

Analyst Ratings Changes

D has been the subject of a number of research analyst reports. Scotiabank upped their price target on shares of Dominion Energy from $58.00 to $61.00 and gave the stock a “sector perform” rating in a research note on Thursday, December 12th. Morgan Stanley assumed coverage on Dominion Energy in a report on Monday, December 2nd. They set an “equal weight” rating and a $61.00 target price on the stock. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $61.00 price objective on shares of Dominion Energy in a research note on Friday, November 8th. Eleven research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat, Dominion Energy presently has a consensus rating of “Hold” and an average target price of $56.58.

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.