TheStreet Lowers Dominion Energy (NYSE:DCUE) to C

Dominion Energy (NYSE:DCUEGet Rating) was downgraded by stock analysts at TheStreet from a “b-” rating to a “c” rating in a note issued to investors on Wednesday, TheStreetRatingsTable reports.

DCUE stock opened at $102.11 on Wednesday. The stock has a 50 day moving average of $101.19. Dominion Energy has a fifty-two week low of $94.40 and a fifty-two week high of $105.25.

Several hedge funds have recently added to or reduced their stakes in the company. BlackRock Inc. lifted its stake in shares of Dominion Energy by 1.3% during the fourth quarter. BlackRock Inc. now owns 1,360,662 shares of the company’s stock valued at $136,937,000 after acquiring an additional 16,884 shares during the period. Pier 88 Investment Partners LLC raised its holdings in Dominion Energy by 29.7% during the 4th quarter. Pier 88 Investment Partners LLC now owns 182,410 shares of the company’s stock worth $18,357,000 after purchasing an additional 41,800 shares during the last quarter. D. E. Shaw & Co. Inc. lifted its position in Dominion Energy by 876.7% during the 4th quarter. D. E. Shaw & Co. Inc. now owns 264,270 shares of the company’s stock valued at $26,602,000 after purchasing an additional 237,213 shares during the period. Fort Baker Capital Management LP bought a new position in shares of Dominion Energy in the 4th quarter valued at about $4,364,000. Finally, Nuveen Asset Management LLC grew its position in shares of Dominion Energy by 5.6% during the 4th quarter. Nuveen Asset Management LLC now owns 594,612 shares of the company’s stock worth $598,000 after buying an additional 31,429 shares during the period.

Dominion Energy Company Profile (Get Rating)

Dominion Energy, Inc produces and distributes energy. The company operates through four segments: Dominion Energy Virginia, Gas Distribution, Dominion Energy South Carolina, and Contracted Assets. The Dominion Energy Virginia segment generates, transmits, and distributes regulated electricity to residential, commercial, industrial, and governmental customers in Virginia and North Carolina.

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