Quantbot Technologies LP purchased a new stake in Sempra Energy (NYSE:SRE) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 8,711 shares of the utilities provider’s stock, valued at approximately $994,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Shell Asset Management Co. lifted its holdings in shares of Sempra Energy by 14.1% in the third quarter. Shell Asset Management Co. now owns 66,058 shares of the utilities provider’s stock valued at $6,961,000 after purchasing an additional 8,165 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Sempra Energy by 2.0% in the second quarter. JPMorgan Chase & Co. now owns 4,031,859 shares of the utilities provider’s stock valued at $454,591,000 after purchasing an additional 80,131 shares in the last quarter. Girard Partners LTD. lifted its holdings in shares of Sempra Energy by 11.9% in the second quarter. Girard Partners LTD. now owns 3,234 shares of the utilities provider’s stock valued at $365,000 after purchasing an additional 343 shares in the last quarter. Timber Hill LLC purchased a new stake in shares of Sempra Energy in the second quarter valued at about $1,104,000. Finally, Opus Capital Group LLC purchased a new stake in shares of Sempra Energy in the second quarter valued at about $563,000. 80.62% of the stock is currently owned by institutional investors.

Several analysts have issued reports on SRE shares. J P Morgan Chase & Co reduced their price target on shares of Sempra Energy from $126.00 to $125.00 and set a “neutral” rating on the stock in a report on Thursday, October 12th. Wells Fargo & Company reduced their price target on shares of Sempra Energy from $130.00 to $128.00 and set an “outperform” rating on the stock in a report on Tuesday, October 10th. Royal Bank Of Canada reaffirmed a “buy” rating on shares of Sempra Energy in a report on Tuesday, November 7th. Goldman Sachs Group, Inc. (The) raised shares of Sempra Energy from a “neutral” rating to a “buy” rating and upped their price target for the company from $117.00 to $129.00 in a report on Wednesday, October 11th. Finally, Zacks Investment Research downgraded shares of Sempra Energy from a “buy” rating to a “hold” rating in a report on Tuesday, August 8th. Four investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Sempra Energy presently has a consensus rating of “Buy” and an average target price of $124.56.

Sempra Energy (NYSE:SRE) opened at $118.82 on Wednesday. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.36 and a current ratio of 0.40. The stock has a market cap of $29,828.02, a P/E ratio of 22.00, a P/E/G ratio of 2.61 and a beta of 0.62. Sempra Energy has a one year low of $98.12 and a one year high of $122.97.

Sempra Energy (NYSE:SRE) last announced its quarterly earnings data on Monday, October 30th. The utilities provider reported $1.04 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.04. The business had revenue of $2.68 billion for the quarter, compared to the consensus estimate of $2.64 billion. Sempra Energy had a net margin of 10.22% and a return on equity of 8.81%. The company’s quarterly revenue was up 5.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.02 earnings per share. research analysts forecast that Sempra Energy will post 5.24 EPS for the current fiscal year.

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Sempra Energy Company Profile

Sempra Energy is a holding company. The Company’s principal operating units are Sempra Utilities, which includes its San Diego Gas & Electric Company (SDG&E), Southern California Gas Company (SoCalGas) and Sempra South American Utilities segments, and Sempra Infrastructure, which includes its Sempra Mexico, Sempra Renewables and Sempra LNG & Midstream segments.

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Institutional Ownership by Quarter for Sempra Energy (NYSE:SRE)

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