Dominion Energy Inc. $D Shares Acquired by ANTIPODES PARTNERS Ltd

ANTIPODES PARTNERS Ltd boosted its position in shares of Dominion Energy Inc. (NYSE:D) by 84,502.3% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,735,194 shares of the utilities provider’s stock after buying an additional 1,733,143 shares during the quarter. Dominion Energy accounts for approximately 2.4% of ANTIPODES PARTNERS Ltd’s investment portfolio, making the stock its 18th largest position. ANTIPODES PARTNERS Ltd owned approximately 0.20% of Dominion Energy worth $106,150,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. CoreFirst Bank & Trust bought a new position in shares of Dominion Energy during the 2nd quarter valued at about $25,000. Westside Investment Management Inc. lifted its stake in Dominion Energy by 123.3% during the second quarter. Westside Investment Management Inc. now owns 469 shares of the utilities provider’s stock valued at $27,000 after purchasing an additional 259 shares during the last quarter. United Community Bank bought a new stake in Dominion Energy during the third quarter worth approximately $29,000. Hanson & Doremus Investment Management bought a new stake in Dominion Energy during the third quarter worth approximately $31,000. Finally, Twin Peaks Wealth Advisors LLC acquired a new position in Dominion Energy in the second quarter worth approximately $32,000. 73.04% of the stock is currently owned by institutional investors.

Dominion Energy Price Performance

D opened at $65.92 on Friday. The stock has a market cap of $56.30 billion, a price-to-earnings ratio of 22.42, a PEG ratio of 1.77 and a beta of 0.71. Dominion Energy Inc. has a 1 year low of $48.07 and a 1 year high of $67.57. The company has a current ratio of 0.84, a quick ratio of 0.65 and a debt-to-equity ratio of 1.41. The stock has a fifty day moving average price of $60.79 and a 200 day moving average price of $60.57.

Dominion Energy Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 20th. Investors of record on Friday, February 27th will be paid a $0.6675 dividend. The ex-dividend date of this dividend is Friday, February 27th. This represents a $2.67 annualized dividend and a dividend yield of 4.1%. Dominion Energy’s payout ratio is presently 90.82%.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the company. Weiss Ratings upgraded Dominion Energy from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, February 9th. Barclays reduced their target price on Dominion Energy from $64.00 to $63.00 and set an “overweight” rating for the company in a report on Thursday, January 22nd. BMO Capital Markets decreased their price target on Dominion Energy from $67.00 to $65.00 and set a “market perform” rating for the company in a research report on Monday, November 3rd. JPMorgan Chase & Co. cut their price objective on Dominion Energy from $62.00 to $59.00 and set an “underweight” rating on the stock in a report on Thursday, December 11th. Finally, Wells Fargo & Company reduced their price objective on shares of Dominion Energy from $67.00 to $64.00 and set an “overweight” rating for the company in a research note on Tuesday, January 20th. Three investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Dominion Energy presently has an average rating of “Hold” and a consensus target price of $64.33.

Dominion Energy Company Profile

Dominion Energy, Inc, headquartered in Richmond, Virginia, is a diversified energy company that primarily operates regulated electricity and natural gas utilities and develops energy infrastructure. The company’s core activities include the generation, transmission and distribution of electricity to residential, commercial and industrial customers, as well as the purchase, storage and delivery of natural gas. Dominion combines traditional utility operations with energy infrastructure businesses to provide essential services across its service territories.

Dominion’s electricity portfolio spans multiple technologies and fuel sources, including nuclear, natural gas-fired generation and renewable resources such as utility-scale solar and wind.