Sempra Energy (SRE) Stake Lifted by Nissay Asset Management Corp Japan ADV

Nissay Asset Management Corp Japan ADV raised its position in Sempra Energy (NYSE:SRE) by 6.0% during the fourth quarter, HoldingsChannel.com reports. The firm owned 34,931 shares of the utilities provider’s stock after purchasing an additional 1,979 shares during the period. Nissay Asset Management Corp Japan ADV’s holdings in Sempra Energy were worth $3,779,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. WINTON GROUP Ltd bought a new stake in shares of Sempra Energy in the 3rd quarter valued at $214,000. Chevy Chase Trust Holdings Inc. increased its stake in shares of Sempra Energy by 0.6% in the 3rd quarter. Chevy Chase Trust Holdings Inc. now owns 224,458 shares of the utilities provider’s stock valued at $25,532,000 after acquiring an additional 1,388 shares in the last quarter. CIBC World Markets Inc. bought a new stake in shares of Sempra Energy in the 3rd quarter valued at $747,000. QUANTRES ASSET MANAGEMENT Ltd bought a new stake in shares of Sempra Energy in the 3rd quarter valued at $2,321,000. Finally, BP PLC increased its stake in shares of Sempra Energy by 60.6% in the 4th quarter. BP PLC now owns 53,000 shares of the utilities provider’s stock valued at $5,734,000 after acquiring an additional 20,000 shares in the last quarter. Institutional investors own 94.33% of the company’s stock.

Shares of SRE stock opened at $115.26 on Tuesday. The firm has a market cap of $31.54 billion, a price-to-earnings ratio of 21.27, a price-to-earnings-growth ratio of 2.31 and a beta of 0.51. The company has a debt-to-equity ratio of 1.27, a current ratio of 0.59 and a quick ratio of 0.55. Sempra Energy has a 12 month low of $100.49 and a 12 month high of $127.22.

Several analysts have recently weighed in on SRE shares. ValuEngine upgraded shares of Sempra Energy from a “hold” rating to a “buy” rating in a research note on Wednesday, October 24th. TheStreet lowered shares of Sempra Energy from a “b” rating to a “c+” rating in a research note on Thursday, December 20th. Wells Fargo & Co boosted their price target on shares of Sempra Energy from $129.00 to $130.00 and gave the company an “outperform” rating in a research note on Thursday, November 8th. Zacks Investment Research lowered shares of Sempra Energy from a “buy” rating to a “hold” rating in a research note on Monday, December 17th. Finally, Guggenheim restated a “buy” rating and set a $133.00 price target on shares of Sempra Energy in a research note on Monday, January 7th. Four investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $125.14.

In other Sempra Energy news, VP Peter R. Wall sold 1,049 shares of Sempra Energy stock in a transaction on Thursday, January 24th. The shares were sold at an average price of $112.26, for a total transaction of $117,760.74. Following the transaction, the vice president now directly owns 2,815 shares of the company’s stock, valued at approximately $316,011.90. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Joseph A. Householder sold 11,600 shares of Sempra Energy stock in a transaction on Friday, November 30th. The stock was sold at an average price of $115.14, for a total transaction of $1,335,624.00. Following the transaction, the insider now directly owns 95,527 shares in the company, valued at $10,998,978.78. The disclosure for this sale can be found here. Insiders have sold a total of 17,649 shares of company stock valued at $1,988,835 in the last 90 days. 0.16% of the stock is currently owned by company insiders.

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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 engages in the generation, transmission, and distribution of electricity.

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

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