SeaCrest Wealth Management LLC purchased a new position in shares of Sempra Energy (NYSE:SRE) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 3,485 shares of the utilities provider’s stock, valued at approximately $373,000.

Several other hedge funds also recently added to or reduced their stakes in SRE. Capital International Investors raised its position in shares of Sempra Energy by 14.8% during the 3rd quarter. Capital International Investors now owns 11,467,602 shares of the utilities provider’s stock worth $1,308,797,000 after buying an additional 1,474,282 shares in the last quarter. Janus Henderson Group PLC raised its position in shares of Sempra Energy by 1,806.5% during the 2nd quarter. Janus Henderson Group PLC now owns 605,659 shares of the utilities provider’s stock worth $68,288,000 after buying an additional 573,891 shares in the last quarter. Parnassus Investments CA raised its position in shares of Sempra Energy by 8.0% during the 3rd quarter. Parnassus Investments CA now owns 3,602,061 shares of the utilities provider’s stock worth $411,103,000 after buying an additional 265,851 shares in the last quarter. Canada Pension Plan Investment Board raised its position in shares of Sempra Energy by 103.1% during the 3rd quarter. Canada Pension Plan Investment Board now owns 403,376 shares of the utilities provider’s stock worth $46,037,000 after buying an additional 204,763 shares in the last quarter. Finally, Cohen & Steers Inc. raised its position in shares of Sempra Energy by 12.5% during the 3rd quarter. Cohen & Steers Inc. now owns 1,598,021 shares of the utilities provider’s stock worth $182,382,000 after buying an additional 177,247 shares in the last quarter. Institutional investors own 73.59% of the company’s stock.

Shares of Sempra Energy (NYSE SRE) opened at $103.36 on Friday. The company has a quick ratio of 0.36, a current ratio of 0.40 and a debt-to-equity ratio of 0.96. Sempra Energy has a fifty-two week low of $100.63 and a fifty-two week high of $122.97. The company has a market cap of $28,595.87, a P/E ratio of 19.28, a P/E/G ratio of 2.13 and a beta of 0.56.

The firm also recently announced a quarterly dividend, which was paid on Monday, January 15th. Investors of record on Friday, December 29th were issued a $0.8225 dividend. The ex-dividend date of this dividend was Thursday, December 28th. This represents a $3.29 dividend on an annualized basis and a dividend yield of 3.18%. Sempra Energy’s payout ratio is currently 72.95%.

A number of research firms have commented on SRE. Royal Bank of Canada restated a “buy” rating on shares of Sempra Energy in a research report on Tuesday, November 7th. JPMorgan Chase & Co. boosted their price target on shares of Sempra Energy from $123.00 to $124.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 1st. Bank of America assumed coverage on shares of Sempra Energy in a research report on Tuesday, October 24th. They set a “buy” rating and a $125.00 price target on the stock. UBS Group assumed coverage on shares of Sempra Energy in a report on Friday, February 2nd. They issued a “buy” rating and a $124.00 target price on the stock. Finally, Zacks Investment Research downgraded shares of Sempra Energy from a “hold” rating to a “strong sell” rating in a report on Saturday, January 20th. One research analyst has rated the stock with a sell rating, four have given a hold rating and six have given a buy rating to the company’s stock. Sempra Energy currently has an average rating of “Hold” and an average price target of $121.89.

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Sempra Energy Company 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.

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

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