Toronto Dominion Bank raised its position in Sempra Energy (NYSE:SRE) by 22.8% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 167,651 shares of the utilities provider’s stock after acquiring an additional 31,168 shares during the quarter. Toronto Dominion Bank owned approximately 0.06% of Sempra Energy worth $19,460,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Squar Milner Financial Services LLC purchased a new position in Sempra Energy in the second quarter worth approximately $105,000. W.G. Shaheen & Associates DBA Whitney & Co purchased a new position in Sempra Energy in the first quarter worth approximately $145,000. Cornerstone Wealth Management LLC purchased a new position in Sempra Energy in the second quarter worth approximately $185,000. Los Angeles Capital Management & Equity Research Inc. purchased a new position in Sempra Energy in the second quarter worth approximately $202,000. Finally, Howland Capital Management LLC purchased a new position in Sempra Energy in the second quarter worth approximately $203,000. Institutional investors own 89.33% of the company’s stock.

Several analysts have recently weighed in on SRE shares. Morgan Stanley restated an “equal weight” rating on shares of Sempra Energy in a research report on Friday. Bank of America boosted their price objective on shares of Sempra Energy from $118.00 to $121.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 7th. JPMorgan Chase & Co. set a $110.00 price objective on shares of Sempra Energy and gave the stock a “hold” rating in a research report on Monday, July 30th. Argus boosted their price objective on shares of Sempra Energy to $130.00 and gave the stock a “buy” rating in a research report on Monday, July 9th. Finally, Wells Fargo & Co downgraded shares of Sempra Energy from an “outperform” rating to a “market perform” rating and boosted their price objective for the stock from $118.00 to $123.00 in a research report on Tuesday, June 12th. Six equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Sempra Energy currently has a consensus rating of “Buy” and a consensus price target of $122.56.

Shares of NYSE:SRE opened at $116.85 on Friday. The company has a market cap of $31.29 billion, a PE ratio of 21.56, a P/E/G ratio of 2.65 and a beta of 0.42. The company has a quick ratio of 0.54, a current ratio of 0.58 and a debt-to-equity ratio of 1.28. Sempra Energy has a twelve month low of $100.49 and a twelve month high of $122.97.

Sempra Energy (NYSE:SRE) last issued its quarterly earnings data on Monday, August 6th. The utilities provider reported $1.35 earnings per share for the quarter, topping the consensus estimate of $1.18 by $0.17. The business had revenue of $2.56 billion during the quarter, compared to the consensus estimate of $2.64 billion. Sempra Energy had a negative net margin of 5.89% and a positive return on equity of 8.69%. The company’s revenue was up 1.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.10 EPS. equities research analysts forecast that Sempra Energy will post 5.43 EPS for the current year.

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 engages in the generation, transmission, and distribution of electricity.

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

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