Sempra Energy (SRE) Holdings Boosted by BNP Paribas Arbitrage SA

BNP Paribas Arbitrage SA raised its position in Sempra Energy (NYSE:SRE) by 21.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 128,917 shares of the utilities provider’s stock after purchasing an additional 22,340 shares during the quarter. BNP Paribas Arbitrage SA owned about 0.05% of Sempra Energy worth $14,713,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. BlackRock Inc. boosted its holdings in Sempra Energy by 0.3% in the 2nd quarter. BlackRock Inc. now owns 20,037,400 shares of the utilities provider’s stock valued at $2,259,219,000 after purchasing an additional 68,576 shares during the last quarter. Vanguard Group Inc. raised its stake in shares of Sempra Energy by 2.5% in the 2nd quarter. Vanguard Group Inc. now owns 17,796,341 shares of the utilities provider’s stock valued at $2,006,537,000 after acquiring an additional 429,693 shares during the period. Capital International Investors raised its stake in shares of Sempra Energy by 7.1% in the 2nd quarter. Capital International Investors now owns 9,993,320 shares of the utilities provider’s stock valued at $1,126,747,000 after acquiring an additional 661,199 shares during the period. JPMorgan Chase & Co. raised its stake in shares of Sempra Energy by 2.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 4,031,859 shares of the utilities provider’s stock valued at $454,591,000 after acquiring an additional 80,131 shares during the period. Finally, Parnassus Investments CA raised its stake in shares of Sempra Energy by 8.0% in the 3rd quarter. Parnassus Investments CA now owns 3,602,061 shares of the utilities provider’s stock valued at $411,103,000 after acquiring an additional 265,851 shares during the period. Institutional investors own 80.58% of the company’s stock.

A number of equities research analysts have recently issued reports on the stock. Royal Bank Of Canada reissued a “buy” rating on shares of Sempra Energy in a research note on Tuesday, November 7th. J P Morgan Chase & Co boosted their price target 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. BidaskClub raised shares of Sempra Energy from a “hold” rating to a “buy” rating in a research note on Tuesday, August 8th. Zacks Investment Research downgraded shares of Sempra Energy from a “buy” rating to a “hold” rating in a research note on Tuesday, August 8th. Finally, Morgan Stanley boosted their price target on shares of Sempra Energy from $131.00 to $134.00 and gave the company an “overweight” rating in a research note on Thursday, August 10th. Four research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Sempra Energy currently has a consensus rating of “Buy” and a consensus target price of $124.56.

Shares of Sempra Energy (SRE) opened at $121.96 on Tuesday. Sempra Energy has a 52-week low of $92.95 and a 52-week high of $122.31. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.40 and a quick ratio of 0.36. The company has a market cap of $30,620.00, a P/E ratio of 22.43, a price-to-earnings-growth ratio of 2.66 and a beta of 0.62.

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

The company also recently disclosed a quarterly dividend, which was paid on Sunday, October 15th. Shareholders of record on Friday, September 22nd were given a $0.8225 dividend. This represents a $3.29 dividend on an annualized basis and a dividend yield of 2.70%. The ex-dividend date was Thursday, September 21st. Sempra Energy’s dividend payout ratio is presently 72.95%.

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Sempra Energy 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.

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

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