Sempra Energy (NYSE:SRE) EVP Caroline Ann Winn Sells 500 Shares

Sempra Energy (NYSE:SRE) EVP Caroline Ann Winn sold 500 shares of Sempra Energy stock in a transaction that occurred on Wednesday, November 19th. The stock was sold at an average price of $91.70, for a total value of $45,850.00. Following the transaction, the executive vice president owned 33,664 shares of the company’s stock, valued at $3,086,988.80. This represents a 1.46% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Caroline Ann Winn also recently made the following trade(s):

• On Tuesday, November 18th, Caroline Ann Winn sold 5,500 shares of Sempra Energy stock. The shares were sold at an average price of $91.58, for a total value of $503,690.00.

Sempra Energy Stock Performance

SRE stock traded down $0.46 during midday trading on Wednesday, reaching $91.14. 3,566,892 shares of the company were exchanged, compared to its average volume of 4,332,154. Sempra Energy has a one year low of $61.90 and a one year high of $95.77. The firm has a market capitalization of $59.49 billion, a price-to-earnings ratio of 22.02, a price-to-earnings-growth ratio of 2.84 and a beta of 0.68. The business has a 50-day moving average price of $90.14 and a two-hundred day moving average price of $82.37. The company has a debt-to-equity ratio of 0.93, a current ratio of 0.48 and a quick ratio of 0.41.

Sempra Energy (NYSE:SRE) last issued its quarterly earnings data on Wednesday, November 5th. The utilities provider reported $1.11 earnings per share for the quarter, beating the consensus estimate of $0.84 by $0.27. The company had revenue of $3.15 billion for the quarter, compared to analyst estimates of $2.99 billion. Sempra Energy had a net margin of 20.28% and a return on equity of 8.42%. The company’s revenue was up 13.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.89 earnings per share. Equities research analysts forecast that Sempra Energy will post 4.76 EPS for the current year.

Sempra Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 15th. Shareholders of record on Thursday, December 11th will be given a dividend of $0.645 per share. The ex-dividend date is Thursday, December 11th. This represents a $2.58 annualized dividend and a yield of 2.8%. Sempra Energy’s dividend payout ratio (DPR) is 79.14%.

Institutional Trading of Sempra Energy

Large investors have recently modified their holdings of the stock. Jacobi Capital Management LLC grew its stake in Sempra Energy by 10.3% during the first quarter. Jacobi Capital Management LLC now owns 5,641 shares of the utilities provider’s stock worth $403,000 after buying an additional 526 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of Sempra Energy by 21.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 3,656,805 shares of the utilities provider’s stock worth $260,950,000 after acquiring an additional 648,530 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Sempra Energy by 7.0% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 3,495,527 shares of the utilities provider’s stock worth $249,435,000 after acquiring an additional 229,045 shares in the last quarter. Energy Income Partners LLC increased its stake in Sempra Energy by 2.5% in the first quarter. Energy Income Partners LLC now owns 2,182,448 shares of the utilities provider’s stock valued at $155,739,000 after acquiring an additional 52,838 shares during the last quarter. Finally, Panagora Asset Management Inc. raised its position in Sempra Energy by 46.0% during the first quarter. Panagora Asset Management Inc. now owns 37,501 shares of the utilities provider’s stock valued at $2,676,000 after purchasing an additional 11,811 shares in the last quarter. 89.65% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have recently commented on SRE. Wall Street Zen raised Sempra Energy from a “sell” rating to a “hold” rating in a research report on Saturday, November 8th. BMO Capital Markets boosted their price target on Sempra Energy from $95.00 to $99.00 and gave the company an “outperform” rating in a research note on Wednesday, October 22nd. Evercore ISI set a $105.00 price objective on Sempra Energy and gave the stock an “outperform” rating in a research report on Monday, October 6th. BTIG Research raised Sempra Energy to a “strong-buy” rating in a report on Wednesday, October 22nd. Finally, UBS Group upped their price target on shares of Sempra Energy from $82.00 to $98.00 and gave the company a “neutral” rating in a research note on Thursday, November 6th. Two equities research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $95.42.

Sempra Energy Company Profile

Sempra operates as an energy infrastructure company in the United States and internationally. It operates through three segments: Sempra California, Sempra Texas Utilities, and Sempra Infrastructure. The Sempra California segment provides electric services; and natural gas services to San Diego County.