NTV Asset Management LLC Has $635,000 Stake in Dominion Energy, Inc. (NYSE:D)

NTV Asset Management LLC decreased its position in Dominion Energy, Inc. (NYSE:D) by 4.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 13,509 shares of the utilities provider’s stock after selling 587 shares during the quarter. NTV Asset Management LLC’s holdings in Dominion Energy were worth $635,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in D. Criterion Capital Advisors LLC acquired a new stake in Dominion Energy during the fourth quarter worth approximately $29,000. Moisand Fitzgerald Tamayo LLC acquired a new stake in Dominion Energy during the fourth quarter worth approximately $30,000. Venturi Wealth Management LLC grew its position in Dominion Energy by 84.5% during the fourth quarter. Venturi Wealth Management LLC now owns 677 shares of the utilities provider’s stock worth $32,000 after buying an additional 310 shares in the last quarter. Briaud Financial Planning Inc acquired a new stake in Dominion Energy during the third quarter worth approximately $36,000. Finally, Oliver Lagore Vanvalin Investment Group grew its position in Dominion Energy by 91.1% during the third quarter. Oliver Lagore Vanvalin Investment Group now owns 839 shares of the utilities provider’s stock worth $37,000 after buying an additional 400 shares in the last quarter. Institutional investors and hedge funds own 73.04% of the company’s stock.

Dominion Energy Stock Up 0.5 %

Shares of D traded up $0.24 during trading hours on Friday, hitting $51.40. The stock had a trading volume of 3,741,756 shares, compared to its average volume of 4,113,876. The firm has a 50 day simple moving average of $48.67 and a 200-day simple moving average of $46.76. Dominion Energy, Inc. has a 1-year low of $39.18 and a 1-year high of $57.27. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.04 and a quick ratio of 0.97. The firm has a market capitalization of $43.05 billion, a P/E ratio of 26.49, a price-to-earnings-growth ratio of 3.43 and a beta of 0.59.

Dominion Energy (NYSE:D) last announced its quarterly earnings results on Thursday, May 2nd. The utilities provider reported $0.55 EPS for the quarter, beating analysts’ consensus estimates of $0.51 by $0.04. Dominion Energy had a net margin of 11.57% and a return on equity of 7.46%. The business had revenue of $3.63 billion during the quarter, compared to analyst estimates of $4.34 billion. During the same quarter in the previous year, the business posted $0.99 EPS. Dominion Energy’s quarterly revenue was down 6.5% on a year-over-year basis. Sell-side analysts predict that Dominion Energy, Inc. will post 2.75 EPS for the current fiscal year.

Analyst Ratings Changes

Several research firms have weighed in on D. Bank of America upped their target price on Dominion Energy from $40.00 to $43.00 and gave the stock an “underperform” rating in a research note on Tuesday, April 23rd. BMO Capital Markets lowered shares of Dominion Energy from an “outperform” rating to a “market perform” rating and set a $49.00 price target on the stock. in a report on Monday, March 11th. StockNews.com cut shares of Dominion Energy from a “hold” rating to a “sell” rating in a research report on Friday, February 23rd. Mizuho raised their target price on shares of Dominion Energy from $45.00 to $52.00 and gave the company a “neutral” rating in a research report on Friday. Finally, Evercore ISI upped their price target on shares of Dominion Energy from $47.00 to $53.00 and gave the stock an “in-line” rating in a report on Friday. Two analysts have rated the stock with a sell rating, nine have issued a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, Dominion Energy presently has a consensus rating of “Hold” and an average price target of $50.45.

Insider Buying and Selling

In other news, Director Joseph M. Rigby bought 2,130 shares of the stock in a transaction dated Wednesday, March 6th. The stock was bought at an average price of $46.94 per share, for a total transaction of $99,982.20. Following the completion of the acquisition, the director now directly owns 8,417 shares in the company, valued at approximately $395,093.98. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Dominion Energy news, Director Joseph M. Rigby bought 2,130 shares of Dominion Energy stock in a transaction dated Wednesday, March 6th. The stock was bought at an average cost of $46.94 per share, with a total value of $99,982.20. Following the completion of the acquisition, the director now directly owns 8,417 shares in the company, valued at approximately $395,093.98. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Robert M. Blue purchased 21,735 shares of the firm’s stock in a transaction that occurred on Monday, March 4th. The shares were acquired at an average cost of $45.91 per share, with a total value of $997,853.85. Following the completion of the transaction, the chief executive officer now directly owns 176,240 shares of the company’s stock, valued at approximately $8,091,178.40. The disclosure for this purchase can be found here. 0.14% of the stock is currently owned by corporate insiders.

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.