ETF Managers Group LLC boosted its holdings in shares of Sempra Energy (NYSE:SRE) by 130.0% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 10,434 shares of the utilities provider’s stock after buying an additional 5,897 shares during the period. ETF Managers Group LLC’s holdings in Sempra Energy were worth $1,313,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the stock. Karp Capital Management Corp bought a new stake in Sempra Energy during the fourth quarter worth about $25,000. Global Retirement Partners LLC lifted its stake in Sempra Energy by 361.5% during the fourth quarter. Global Retirement Partners LLC now owns 240 shares of the utilities provider’s stock worth $26,000 after purchasing an additional 188 shares during the last quarter. 1 North Wealth Services LLC bought a new stake in Sempra Energy during the fourth quarter worth about $30,000. Johnson Financial Group Inc. lifted its stake in Sempra Energy by 1,285.0% during the fourth quarter. Johnson Financial Group Inc. now owns 277 shares of the utilities provider’s stock worth $30,000 after purchasing an additional 257 shares during the last quarter. Finally, WP Advisors LLC bought a new stake in Sempra Energy during the first quarter worth about $46,000. 97.19% of the stock is owned by institutional investors.

Several equities research analysts have issued reports on the company. Wells Fargo & Co lifted their price target on Sempra Energy from $137.00 to $140.00 and gave the stock an “outperform” rating in a research note on Monday, April 15th. ValuEngine raised Sempra Energy from a “hold” rating to a “buy” rating in a research note on Friday, May 10th. TheStreet raised Sempra Energy from a “c+” rating to a “b” rating in a research note on Tuesday, February 26th. Morgan Stanley lifted their price target on Sempra Energy from $131.00 to $132.00 and gave the stock an “equal weight” rating in a research note on Thursday, May 16th. Finally, Zacks Investment Research downgraded Sempra Energy from a “hold” rating to a “sell” rating in a report on Monday, February 4th. Three investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Sempra Energy currently has a consensus rating of “Buy” and a consensus target price of $130.14.

SRE opened at $131.18 on Tuesday. The stock has a market capitalization of $35.79 billion, a PE ratio of 23.55, a P/E/G ratio of 2.83 and a beta of 0.52. The company has a current ratio of 0.38, a quick ratio of 0.36 and a debt-to-equity ratio of 1.15. Sempra Energy has a 12 month low of $100.49 and a 12 month high of $131.77.

Sempra Energy (NYSE:SRE) last released its quarterly earnings data on Tuesday, May 7th. The utilities provider reported $1.92 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.69 by $0.23. The firm had revenue of $2.90 billion for the quarter, compared to the consensus estimate of $3.12 billion. Sempra Energy had a return on equity of 10.57% and a net margin of 9.89%. The company’s quarterly revenue was up 14.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.43 earnings per share. On average, analysts predict that Sempra Energy will post 6.02 earnings per share for the current year.

In other news, VP G Joyce Rowland sold 2,393 shares of Sempra Energy stock in a transaction dated Thursday, February 28th. The stock was sold at an average price of $120.86, for a total value of $289,217.98. Following the transaction, the vice president now owns 12,461 shares in the company, valued at $1,506,036.46. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Lynn Schenk sold 5,000 shares of Sempra Energy stock in a transaction dated Monday, April 15th. The stock was sold at an average price of $128.92, for a total value of $644,600.00. Following the completion of the transaction, the director now owns 16,306 shares in the company, valued at approximately $2,102,169.52. The disclosure for this sale can be found here. 0.13% of the stock is currently owned by 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 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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