Keybank National Association OH increased its stake in Sempra Energy (NYSE:SRE) by 2.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 151,539 shares of the utilities provider’s stock after acquiring an additional 3,799 shares during the period. Keybank National Association OH owned about 0.06% of Sempra Energy worth $20,828,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Northern Trust Corp increased its holdings in Sempra Energy by 1.5% during the 1st quarter. Northern Trust Corp now owns 3,633,635 shares of the utilities provider’s stock valued at $457,329,000 after purchasing an additional 51,955 shares during the period. Geode Capital Management LLC increased its holdings in Sempra Energy by 7.8% during the 4th quarter. Geode Capital Management LLC now owns 3,521,752 shares of the utilities provider’s stock valued at $380,344,000 after purchasing an additional 253,809 shares during the period. Magellan Asset Management Ltd increased its holdings in Sempra Energy by 3.1% during the 1st quarter. Magellan Asset Management Ltd now owns 1,934,817 shares of the utilities provider’s stock valued at $243,516,000 after purchasing an additional 57,861 shares during the period. California Public Employees Retirement System increased its holdings in Sempra Energy by 18.1% during the 1st quarter. California Public Employees Retirement System now owns 1,504,162 shares of the utilities provider’s stock valued at $189,314,000 after purchasing an additional 230,974 shares during the period. Finally, Reaves W H & Co. Inc. increased its holdings in Sempra Energy by 2.6% during the 1st quarter. Reaves W H & Co. Inc. now owns 1,172,130 shares of the utilities provider’s stock valued at $147,525,000 after purchasing an additional 30,258 shares during the period. 97.11% of the stock is owned by institutional investors.

In other Sempra Energy news, insider Joseph A. Householder sold 50,400 shares of the company’s stock in a transaction that occurred on Thursday, May 23rd. The stock was sold at an average price of $134.80, for a total transaction of $6,793,920.00. Following the transaction, the insider now owns 55,115 shares in the company, valued at approximately $7,429,502. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Peter R. Wall sold 723 shares of the company’s stock in a transaction that occurred on Thursday, May 23rd. The stock was sold at an average price of $135.47, for a total value of $97,944.81. Following the transaction, the chief accounting officer now owns 2,359 shares in the company, valued at approximately $319,573.73. The disclosure for this sale can be found here. Insiders have sold a total of 60,515 shares of company stock worth $8,148,984 in the last quarter. Company insiders own 0.13% of the company’s stock.

Shares of SRE stock traded up $0.01 during midday trading on Wednesday, reaching $137.36. 32,730 shares of the stock were exchanged, compared to its average volume of 1,553,471. Sempra Energy has a 1 year low of $104.88 and a 1 year high of $141.86. The company has a 50 day simple moving average of $138.13. The company has a debt-to-equity ratio of 1.24, a quick ratio of 0.31 and a current ratio of 0.34. The firm has a market cap of $37.80 billion, a price-to-earnings ratio of 24.93, a PEG ratio of 2.94 and a beta of 0.45.

Sempra Energy (NYSE:SRE) last posted its earnings results on Friday, August 2nd. The utilities provider reported $1.10 earnings per share for the quarter, missing analysts’ consensus estimates of $1.19 by ($0.09). Sempra Energy had a return on equity of 10.18% and a net margin of 18.61%. The firm had revenue of $2.23 billion for the quarter, compared to analysts’ expectations of $2.32 billion. During the same quarter last year, the company posted $1.35 EPS. As a group, research analysts forecast that Sempra Energy will post 6.03 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Monday, July 15th. Shareholders of record on Friday, July 5th were issued a dividend of $0.9675 per share. The ex-dividend date of this dividend was Wednesday, July 3rd. This represents a $3.87 dividend on an annualized basis and a dividend yield of 2.82%. Sempra Energy’s dividend payout ratio (DPR) is 69.48%.

A number of brokerages recently issued reports on SRE. KeyCorp began coverage on Sempra Energy in a report on Tuesday, June 4th. They set an “overweight” rating and a $151.00 price target on the stock. ValuEngine downgraded Sempra Energy from a “buy” rating to a “hold” rating in a report on Thursday, August 1st. Zacks Investment Research downgraded Sempra Energy from a “hold” rating to a “sell” rating and set a $147.00 price target on the stock. in a report on Wednesday, July 24th. Barclays began coverage on Sempra Energy in a report on Tuesday. They set an “equal weight” rating and a $142.00 price target on the stock. Finally, Argus boosted their price target on Sempra Energy to $142.00 and gave the company a “buy” rating in a report on Tuesday, April 16th. One research analyst has rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the company’s stock. Sempra Energy has a consensus rating of “Hold” and a consensus price target of $142.38.

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

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