PNC Financial Services Group Inc. reduced its stake in Dominion Energy Inc. by 4.2% in the third quarter, now holding 996,102 shares valued at approximately $60.93 million. Dominion Energy recently announced a quarterly dividend of $0.6675, translating to a 4.0% annual yield. Institutional investors own a significant portion of the stock, and analysts maintain a “Hold” rating with an average target price of $64.33.
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PNC Financial Services Group Inc. Trims Position in Dominion Energy Inc. $D
PNC Financial Services Group Inc. reduced its stake in Dominion Energy Inc. by 4.2% in the third quarter, now holding 996,102 shares valued at approximately $60.93 million. Dominion Energy recently announced a quarterly dividend of $0.6675, translating to a 4.0% annual yield. Institutional investors own a significant portion of the stock, and analysts maintain a “Hold” rating with an average target price of $64.33.