Haverford Trust Co Has $842,000 Stock Holdings in Dominion Energy, Inc. (NYSE:D)

Haverford Trust Co lowered its position in Dominion Energy, Inc. (NYSE:D) by 31.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 15,637 shares of the utilities provider’s stock after selling 7,146 shares during the quarter. Haverford Trust Co’s holdings in Dominion Energy were worth $842,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in D. Cape Investment Advisory Inc. grew its position in shares of Dominion Energy by 175.4% in the 4th quarter. Cape Investment Advisory Inc. now owns 471 shares of the utilities provider’s stock valued at $25,000 after buying an additional 300 shares during the last quarter. BankPlus Trust Department bought a new stake in Dominion Energy in the fourth quarter valued at approximately $26,000. Roble Belko & Company Inc acquired a new stake in Dominion Energy during the 4th quarter valued at approximately $27,000. Fairway Wealth LLC bought a new position in Dominion Energy during the 4th quarter worth approximately $27,000. Finally, CBIZ Investment Advisory Services LLC lifted its position in shares of Dominion Energy by 100.4% in the 4th quarter. CBIZ Investment Advisory Services LLC now owns 519 shares of the utilities provider’s stock worth $28,000 after purchasing an additional 260 shares during the period. Institutional investors own 73.04% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on D shares. Scotiabank increased their price objective on shares of Dominion Energy from $58.00 to $61.00 and gave the stock a “sector perform” rating in a research report on Thursday, December 12th. Morgan Stanley lifted their price objective on 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 target price on Dominion Energy from $58.00 to $60.00 and gave the stock a “neutral” rating in a research note on Friday. Finally, JPMorgan Chase & Co. increased their price target on Dominion Energy from $58.00 to $59.00 and gave the stock a “neutral” rating in a report on Tuesday, March 11th. Twelve investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $57.58.

Dominion Energy Stock Performance

D opened at $54.29 on Tuesday. Dominion Energy, Inc. has a 1-year low of $46.56 and a 1-year high of $61.97. The company has a market cap of $46.26 billion, a price-to-earnings ratio of 20.11, a PEG ratio of 1.22 and a beta of 0.59. The company’s fifty day moving average price is $55.21 and its two-hundred day moving average price is $56.27. The company has a current ratio of 0.74, a quick ratio of 0.58 and a debt-to-equity ratio of 1.42.

Dominion Energy (NYSE:D) last announced its earnings results on Wednesday, February 12th. The utilities provider reported $0.58 earnings per share (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%. On average, analysts expect that Dominion Energy, Inc. will post 3.39 EPS for the current fiscal year.

Dominion Energy Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Friday, February 28th were issued a $0.6675 dividend. This represents a $2.67 annualized dividend and a dividend yield of 4.92%. The ex-dividend date of this dividend was Friday, February 28th. Dominion Energy’s dividend payout ratio is presently 98.89%.

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.