Sempra Energy (NYSE:SRE) insider Joseph A. Householder sold 50,400 shares of the business’s stock in a transaction on Thursday, May 23rd. The shares were sold at an average price of $134.80, for a total transaction of $6,793,920.00. Following the completion of the transaction, the insider now directly owns 55,115 shares in the company, valued at $7,429,502. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Shares of NYSE:SRE traded up $1.58 on Thursday, reaching $135.88. 1,331,869 shares of the company were exchanged, compared to its average volume of 1,660,700. The company has a quick ratio of 0.36, a current ratio of 0.38 and a debt-to-equity ratio of 1.15. Sempra Energy has a 1-year low of $100.49 and a 1-year high of $135.91. The stock has a market cap of $36.08 billion, a PE ratio of 24.39, a price-to-earnings-growth ratio of 2.85 and a beta of 0.52.

Sempra Energy (NYSE:SRE) last posted its quarterly earnings results on Tuesday, May 7th. The utilities provider reported $1.92 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.69 by $0.23. Sempra Energy had a net margin of 9.89% and a return on equity of 10.57%. The business had revenue of $2.90 billion for the quarter, compared to analysts’ expectations of $3.12 billion. During the same period in the prior year, the company posted $1.43 EPS. The business’s revenue for the quarter was up 14.3% on a year-over-year basis. Equities analysts anticipate that Sempra Energy will post 6.02 earnings per share for the current year.

SRE has been the topic of several recent research reports. Zacks Investment Research raised shares of Sempra Energy from a “sell” rating to a “hold” rating in a research note on Tuesday, February 12th. Argus boosted their price objective on shares of Sempra Energy to $142.00 and gave the company a “buy” rating in a research note on Tuesday, April 16th. ValuEngine raised shares of Sempra Energy from a “hold” rating to a “buy” rating in a research note on Thursday, March 7th. Wells Fargo & Co boosted their price objective on shares of Sempra Energy from $128.00 to $130.00 and gave the company an “outperform” rating in a research note on Wednesday, February 27th. Finally, Morgan Stanley boosted their price objective on shares of Sempra Energy from $132.00 to $134.00 and gave the company an “equal weight” rating in a research note on Thursday, March 28th. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $131.57.

Several large investors have recently bought and sold shares of the company. CHURCHILL MANAGEMENT Corp grew its stake in shares of Sempra Energy by 4.1% during the 1st quarter. CHURCHILL MANAGEMENT Corp now owns 2,080 shares of the utilities provider’s stock worth $262,000 after purchasing an additional 81 shares during the period. Global Retirement Partners LLC grew its stake in Sempra Energy by 35.0% in the 1st quarter. Global Retirement Partners LLC now owns 324 shares of the utilities provider’s stock valued at $41,000 after acquiring an additional 84 shares during the last quarter. Ninepoint Partners LP grew its stake in Sempra Energy by 3.6% in the 1st quarter. Ninepoint Partners LP now owns 2,527 shares of the utilities provider’s stock valued at $318,000 after acquiring an additional 88 shares during the last quarter. Patten Group Inc. grew its stake in Sempra Energy by 3.5% in the 4th quarter. Patten Group Inc. now owns 2,675 shares of the utilities provider’s stock valued at $289,000 after acquiring an additional 90 shares during the last quarter. Finally, HCR Wealth Advisors grew its stake in Sempra Energy by 2.8% in the 1st quarter. HCR Wealth Advisors now owns 3,485 shares of the utilities provider’s stock valued at $431,000 after acquiring an additional 96 shares during the last quarter. 94.62% of the stock is currently owned by institutional investors and hedge funds.

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Sempra Energy Company Profile

Sempra Energy, together with its subsidiaries, invests in, develops, and operates energy infrastructure, as well as provides electric and gas services in the United States and internationally. The company's San Diego Gas & Electric Company segment generates, transmits, and distributes electricity; and supplies natural gas.

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Insider Buying and Selling by Quarter for Sempra Energy (NYSE:SRE)

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