LS Investment Advisors LLC increased its stake in shares of Sempra Energy (NYSE:SRE) by 76.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 18,455 shares of the utilities provider’s stock after acquiring an additional 8,007 shares during the quarter. LS Investment Advisors LLC’s holdings in Sempra Energy were worth $1,973,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. MHI Funds LLC bought a new position in shares of Sempra Energy in the fourth quarter valued at $130,000. Front Row Advisors LLC bought a new position in shares of Sempra Energy in the fourth quarter valued at $130,000. Calton & Associates Inc. bought a new position in shares of Sempra Energy in the fourth quarter valued at $139,000. Fieldpoint Private Securities LLC bought a new position in shares of Sempra Energy in the third quarter valued at $153,000. Finally, Rocky Mountain Advisers LLC bought a new position in shares of Sempra Energy in the third quarter valued at $183,000. 73.76% of the stock is currently owned by institutional investors and hedge funds.

Shares of Sempra Energy (NYSE SRE) opened at $106.11 on Monday. Sempra Energy has a 1-year low of $100.63 and a 1-year high of $122.97. The company has a current ratio of 0.40, a quick ratio of 0.36 and a debt-to-equity ratio of 0.96. The stock has a market cap of $29,150.81, a PE ratio of 23.53, a P/E/G ratio of 2.17 and a beta of 0.56.

The business also recently disclosed a quarterly dividend, which was paid on Monday, January 15th. Investors of record on Friday, December 29th were issued a dividend of $0.8225 per share. The ex-dividend date was Thursday, December 28th. This represents a $3.29 dividend on an annualized basis and a yield of 3.10%. Sempra Energy’s dividend payout ratio (DPR) is presently 72.95%.

SRE has been the topic of a number of recent research reports. Bank of America initiated coverage on shares of Sempra Energy in a research note on Tuesday, October 24th. They issued a “buy” rating and a $125.00 price objective on the stock. JPMorgan Chase & Co. raised their price objective on shares of Sempra Energy from $123.00 to $124.00 and gave the company a “neutral” rating in a research note on Wednesday, November 1st. Royal Bank of Canada reaffirmed a “buy” rating on shares of Sempra Energy in a research note on Tuesday, November 7th. Wells Fargo & Co reaffirmed a “buy” rating and issued a $121.00 price objective (down from $130.00) on shares of Sempra Energy in a research note on Wednesday, January 3rd. Finally, Zacks Investment Research lowered shares of Sempra Energy from a “hold” rating to a “strong sell” rating in a research report on Saturday, January 20th. One analyst has rated the stock with a sell rating, four have given a hold rating and six have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $121.89.

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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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