Sempra (NYSE:SRE) Stock Holdings Boosted by Hoylecohen LLC

Hoylecohen LLC lifted its position in Sempra (NYSE:SRE) by 2.7% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 27,988 shares of the utilities provider’s stock after buying an additional 727 shares during the period. Hoylecohen LLC’s holdings in Sempra were worth $2,092,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of SRE. Private Advisor Group LLC boosted its position in shares of Sempra by 72.1% during the 3rd quarter. Private Advisor Group LLC now owns 6,702 shares of the utilities provider’s stock valued at $456,000 after purchasing an additional 2,808 shares in the last quarter. US Bancorp DE increased its holdings in shares of Sempra by 92.5% in the third quarter. US Bancorp DE now owns 149,672 shares of the utilities provider’s stock valued at $10,182,000 after buying an additional 71,909 shares in the last quarter. MGO One Seven LLC lifted its position in shares of Sempra by 110.3% during the 3rd quarter. MGO One Seven LLC now owns 4,140 shares of the utilities provider’s stock valued at $282,000 after acquiring an additional 2,171 shares during the last quarter. Nomura Asset Management Co. Ltd. boosted its stake in shares of Sempra by 98.5% during the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 191,581 shares of the utilities provider’s stock worth $13,033,000 after acquiring an additional 95,088 shares in the last quarter. Finally, Signaturefd LLC grew its holdings in shares of Sempra by 124.5% in the 3rd quarter. Signaturefd LLC now owns 6,231 shares of the utilities provider’s stock worth $424,000 after acquiring an additional 3,456 shares during the last quarter. Institutional investors and hedge funds own 89.65% of the company’s stock.

Sempra Stock Down 0.0 %

Shares of NYSE:SRE traded down $0.02 during midday trading on Friday, hitting $75.84. 1,870,848 shares of the stock were exchanged, compared to its average volume of 3,359,791. The business’s fifty day simple moving average is $72.40 and its two-hundred day simple moving average is $72.44. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.57 and a current ratio of 0.62. Sempra has a 52-week low of $63.75 and a 52-week high of $78.83. The company has a market capitalization of $48.00 billion, a PE ratio of 16.80, a P/E/G ratio of 2.62 and a beta of 0.70.

Sempra (NYSE:SRE) last posted its quarterly earnings results on Tuesday, May 7th. The utilities provider reported $1.34 earnings per share for the quarter, missing analysts’ consensus estimates of $1.35 by ($0.01). The firm had revenue of $3.64 billion for the quarter, compared to analysts’ expectations of $5.58 billion. Sempra had a return on equity of 8.95% and a net margin of 20.99%. The firm’s revenue for the quarter was down 44.5% on a year-over-year basis. During the same period last year, the business earned $1.46 earnings per share. As a group, research analysts predict that Sempra will post 4.82 earnings per share for the current fiscal year.

Sempra Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, July 15th. Shareholders of record on Thursday, June 27th will be given a $0.62 dividend. This represents a $2.48 annualized dividend and a yield of 3.27%. The ex-dividend date is Thursday, June 27th. Sempra’s dividend payout ratio is 54.93%.

Analyst Ratings Changes

SRE has been the subject of several analyst reports. Royal Bank of Canada reaffirmed an “outperform” rating and set a $82.00 target price on shares of Sempra in a report on Wednesday, March 6th. StockNews.com lowered shares of Sempra from a “hold” rating to a “sell” rating in a research note on Tuesday, February 20th. Mizuho lifted their target price on shares of Sempra from $79.00 to $86.00 and gave the stock a “buy” rating in a research report on Friday, May 17th. Barclays upped their price target on shares of Sempra from $77.00 to $79.00 and gave the company an “overweight” rating in a research report on Thursday, March 14th. Finally, Morgan Stanley lifted their price objective on shares of Sempra from $74.00 to $75.00 and gave the stock an “equal weight” rating in a research report on Thursday, March 21st. One analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $82.86.

Insiders Place Their Bets

In other Sempra news, Director Richard J. Mark purchased 1,925 shares of the business’s stock in a transaction dated Friday, May 17th. The shares were acquired at an average price of $77.97 per share, for a total transaction of $150,092.25. Following the acquisition, the director now owns 5,420 shares of the company’s stock, valued at $422,597.40. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, VP Trevor I. Mihalik sold 57,571 shares of the business’s stock in a transaction that occurred on Wednesday, March 6th. The stock was sold at an average price of $70.59, for a total value of $4,063,936.89. Following the completion of the sale, the vice president now directly owns 10,922 shares in the company, valued at approximately $770,983.98. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Richard J. Mark purchased 1,925 shares of the stock in a transaction on Friday, May 17th. The shares were bought at an average price of $77.97 per share, for a total transaction of $150,092.25. Following the acquisition, the director now owns 5,420 shares of the company’s stock, valued at $422,597.40. The disclosure for this purchase can be found here. Insiders sold 122,432 shares of company stock valued at $8,668,035 over the last ninety days. Corporate insiders own 0.24% of the company’s stock.

Sempra Profile

Sempra operates as an energy infrastructure company in the United States and internationally. It operates through three segments: Sempra California, Sempra Texas Utilities, and Sempra Infrastructure. The Sempra California segment provides electric services; and natural gas services to San Diego County.