U.S. Capital Wealth Advisors LLC Sells 693 Shares of Dominion Energy, Inc. (NYSE:D)

U.S. Capital Wealth Advisors LLC trimmed its position in Dominion Energy, Inc. (NYSE:D) by 6.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 10,239 shares of the utilities provider’s stock after selling 693 shares during the quarter. U.S. Capital Wealth Advisors LLC’s holdings in Dominion Energy were worth $551,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in D. Roble Belko & Company Inc purchased a new stake in shares of Dominion Energy during the 4th quarter valued at about $27,000. Sanctuary Wealth Management L.L.C. purchased a new stake in Dominion Energy during the third quarter valued at approximately $28,000. Frazier Financial Advisors LLC bought a new stake in shares of Dominion Energy in the 3rd quarter valued at approximately $32,000. Dunhill Financial LLC lifted its stake in shares of Dominion Energy by 601.2% in the 3rd quarter. Dunhill Financial LLC now owns 568 shares of the utilities provider’s stock valued at $33,000 after purchasing an additional 487 shares during the last quarter. Finally, Larson Financial Group LLC increased its position in shares of Dominion Energy by 282.4% during the 3rd quarter. Larson Financial Group LLC now owns 608 shares of the utilities provider’s stock valued at $35,000 after purchasing an additional 449 shares during the last quarter. 73.04% of the stock is currently owned by hedge funds and other institutional investors.

Dominion Energy Stock Up 0.2 %

Shares of NYSE:D opened at $54.08 on Thursday. The business’s 50 day moving average is $54.81 and its 200 day moving average is $56.17. The stock has a market cap of $45.43 billion, a P/E ratio of 18.97, a price-to-earnings-growth ratio of 1.21 and a beta of 0.61. Dominion Energy, Inc. has a 52-week low of $43.53 and a 52-week high of $61.97. The company has a quick ratio of 0.58, a current ratio of 0.74 and a debt-to-equity ratio of 1.42.

Dominion Energy Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Friday, February 28th will be paid a dividend of $0.6675 per share. The ex-dividend date is Friday, February 28th. This represents a $2.67 annualized dividend and a dividend yield of 4.94%. Dominion Energy’s dividend payout ratio is currently 93.68%.

Analysts Set New Price Targets

Several research analysts have commented on D shares. Barclays lifted their price objective on shares of Dominion Energy from $54.00 to $58.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 15th. Scotiabank upped their price target on shares of Dominion Energy from $58.00 to $61.00 and gave the company a “sector perform” rating in a report on Thursday, December 12th. Morgan Stanley initiated coverage on shares of Dominion Energy in a report on Monday, December 2nd. They set an “equal weight” rating and a $61.00 price target on the stock. Finally, The Goldman Sachs Group restated a “neutral” rating and set a $61.00 target price on shares of Dominion Energy in a research report on Friday, November 8th. Eleven investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat.com, Dominion Energy currently has an average rating of “Hold” and a consensus price target of $56.58.

About Dominion Energy

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.