MUFG Securities EMEA plc acquired a new position in shares of Sempra Energy (NYSE:SRE) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 100,000 shares of the utilities provider’s stock, valued at approximately $11,413,000.

Several other large investors also recently bought and sold shares of the company. Davidson Investment Advisors boosted its position in shares of Sempra Energy by 45.0% during the 3rd quarter. Davidson Investment Advisors now owns 107,863 shares of the utilities provider’s stock valued at $12,310,000 after acquiring an additional 33,482 shares in the last quarter. Kayne Anderson Capital Advisors LP boosted its position in shares of Sempra Energy by 180.0% during the 3rd quarter. Kayne Anderson Capital Advisors LP now owns 5,600 shares of the utilities provider’s stock valued at $638,000 after acquiring an additional 3,600 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of Sempra Energy by 8.1% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 59,219 shares of the utilities provider’s stock valued at $6,759,000 after acquiring an additional 4,433 shares in the last quarter. Meiji Yasuda Asset Management Co Ltd. boosted its position in shares of Sempra Energy by 87.5% during the 3rd quarter. Meiji Yasuda Asset Management Co Ltd. now owns 5,785 shares of the utilities provider’s stock valued at $660,000 after acquiring an additional 2,700 shares in the last quarter. Finally, Pacer Advisors Inc. boosted its position in shares of Sempra Energy by 10.3% during the 3rd quarter. Pacer Advisors Inc. now owns 5,941 shares of the utilities provider’s stock valued at $678,000 after acquiring an additional 553 shares in the last quarter. Institutional investors own 80.62% of the company’s stock.

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Several brokerages have recently weighed in on SRE. Royal Bank Of Canada reiterated a “buy” rating on shares of Sempra Energy in a research report on Tuesday, November 7th. J P Morgan Chase & Co decreased their target price on shares of Sempra Energy from $126.00 to $125.00 and set a “neutral” rating on the stock in a research report on Thursday, October 12th. Goldman Sachs Group, Inc. (The) upgraded shares of Sempra Energy from a “neutral” rating to a “buy” rating and lifted their target price for the company from $117.00 to $129.00 in a research report on Wednesday, October 11th. Morgan Stanley lifted their target price on shares of Sempra Energy from $131.00 to $134.00 and gave the company an “overweight” rating in a research report on Thursday, August 10th. Finally, Wells Fargo & Company decreased their target price on shares of Sempra Energy from $130.00 to $128.00 and set an “outperform” rating on the stock in a research report on Tuesday, October 10th. Four research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $124.56.

Sempra Energy (NYSE:SRE) traded down $0.16 during trading hours on Thursday, reaching $118.66. 974,700 shares of the company’s stock were exchanged, compared to its average volume of 1,115,337. The firm has a market capitalization of $29,833.04, a price-to-earnings ratio of 22.00, a PEG ratio of 2.61 and a beta of 0.62. Sempra Energy has a 52-week low of $98.12 and a 52-week high of $122.97. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.36 and a current ratio of 0.40.

Sempra Energy (NYSE:SRE) last released its quarterly earnings results on Monday, October 30th. The utilities provider reported $1.04 EPS for the quarter, meeting the Zacks’ consensus estimate of $1.04. The firm had revenue of $2.68 billion for the quarter, compared to analyst estimates of $2.64 billion. Sempra Energy had a net margin of 3.70% and a return on equity of 1.72%. The company’s revenue for the quarter was up 5.7% compared to the same quarter last year. During the same period in the previous year, the business earned $1.02 earnings per share. analysts expect that Sempra Energy will post 5.24 earnings per share for the current fiscal year.

About Sempra Energy

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.

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

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