Sempra Energy (NYSE:SRE) CAO Peter R. Wall sold 723 shares of Sempra Energy stock in a transaction that occurred on Thursday, May 23rd. The stock was sold at an average price of $135.47, for a total transaction of $97,944.81. Following the completion of the transaction, the chief accounting officer now owns 2,359 shares of the company’s stock, valued at approximately $319,573.73. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Sempra Energy stock traded down $1.48 during trading on Friday, reaching $134.40. The stock had a trading volume of 44,480 shares, compared to its average volume of 1,660,700. Sempra Energy has a 52-week low of $100.49 and a 52-week high of $135.91. The company has a quick ratio of 0.36, a current ratio of 0.38 and a debt-to-equity ratio of 1.15. The company has a market capitalization of $36.08 billion, a P/E ratio of 24.24, a P/E/G ratio of 2.85 and a beta of 0.52.

Sempra Energy (NYSE:SRE) last issued its quarterly earnings data on Tuesday, May 7th. The utilities provider reported $1.92 earnings per share for the quarter, topping the consensus estimate of $1.69 by $0.23. The business had revenue of $2.90 billion during the quarter, compared to the consensus estimate of $3.12 billion. Sempra Energy had a net margin of 9.89% and a return on equity of 10.57%. The company’s revenue was up 14.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.43 EPS. As a group, research analysts anticipate that Sempra Energy will post 6.02 earnings per share for the current fiscal year.

A number of research analysts recently issued reports on the stock. Morgan Stanley lifted their price target on shares of Sempra Energy from $132.00 to $142.00 and gave the stock an “equal weight” rating in a research note on Thursday. ValuEngine upgraded shares of Sempra Energy from a “hold” rating to a “buy” rating in a research note on Friday, May 10th. Wells Fargo & Co lifted their price target on shares of Sempra Energy from $137.00 to $140.00 and gave the stock an “outperform” rating in a research note on Monday, April 15th. Argus lifted their price target on shares of Sempra Energy to $142.00 and gave the stock a “buy” rating in a research note on Tuesday, April 16th. Finally, TheStreet upgraded shares of Sempra Energy from a “c+” rating to a “b” rating in a research note on Tuesday, February 26th. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $131.57.

Several large investors have recently modified their holdings of SRE. Vanguard Group Inc increased its holdings in shares of Sempra Energy by 5.0% in the third quarter. Vanguard Group Inc now owns 20,783,386 shares of the utilities provider’s stock worth $2,364,110,000 after purchasing an additional 997,607 shares during the period. Winslow Evans & Crocker Inc. increased its holdings in shares of Sempra Energy by 3,125.6% in the fourth quarter. Winslow Evans & Crocker Inc. now owns 2,774 shares of the utilities provider’s stock worth $302,000 after purchasing an additional 2,688 shares during the period. Viking Fund Management LLC increased its holdings in shares of Sempra Energy by 16.7% in the fourth quarter. Viking Fund Management LLC now owns 14,000 shares of the utilities provider’s stock worth $1,515,000 after purchasing an additional 2,000 shares during the period. IFM Investors Pty Ltd increased its holdings in shares of Sempra Energy by 20.5% in the fourth quarter. IFM Investors Pty Ltd now owns 15,636 shares of the utilities provider’s stock worth $1,692,000 after purchasing an additional 2,661 shares during the period. Finally, BTR Capital Management Inc. increased its holdings in shares of Sempra Energy by 25.2% in the fourth quarter. BTR Capital Management Inc. now owns 2,485 shares of the utilities provider’s stock worth $269,000 after purchasing an additional 500 shares during the period. Institutional investors and hedge funds own 94.62% of the company’s stock.

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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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