Traders purchased shares of Sempra Energy (NYSE:SRE) on weakness during trading on Wednesday. $47.45 million flowed into the stock on the tick-up and $34.62 million flowed out of the stock on the tick-down, for a money net flow of $12.83 million into the stock. Of all companies tracked, Sempra Energy had the 30th highest net in-flow for the day. Sempra Energy traded down ($0.47) for the day and closed at $106.59

A number of analysts recently weighed in on the company. 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 target price on 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 Sempra Energy in a research report on Tuesday, October 24th. They issued a “buy” rating and a $125.00 target price for the company. Goldman Sachs Group upgraded Sempra Energy from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $117.00 to $129.00 in a research report on Wednesday, October 11th. Finally, Wells Fargo & Co dropped their target price on Sempra Energy from $130.00 to $128.00 and set an “outperform” rating for the company in a research report on Tuesday, October 10th. Five equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $122.33.

The company has a current ratio of 0.40, a quick ratio of 0.36 and a debt-to-equity ratio of 0.96. The firm has a market cap of $26,670.00, a PE ratio of 23.51, a price-to-earnings-growth ratio of 2.18 and a beta of 0.62.

Sempra Energy (NYSE:SRE) last announced its quarterly earnings data on Monday, October 30th. The utilities provider reported $1.04 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $1.04. Sempra Energy had a return on equity of 8.81% and a net margin of 10.22%. The firm had revenue of $2.68 billion during the quarter, compared to the consensus estimate of $2.64 billion. During the same quarter in the previous year, the company posted $1.02 earnings per share. The business’s revenue was up 5.7% on a year-over-year basis. equities analysts predict that Sempra Energy will post 5.25 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Monday, January 15th. Shareholders of record on Friday, December 29th were given a $0.8225 dividend. The ex-dividend date of this dividend was Thursday, December 28th. This represents a $3.29 annualized dividend and a yield of 3.10%. Sempra Energy’s payout ratio is currently 72.95%.

A number of hedge funds have recently made changes to their positions in the business. WESPAC Advisors SoCal LLC lifted its position in Sempra Energy by 0.7% in the second quarter. WESPAC Advisors SoCal LLC now owns 1,286 shares of the utilities provider’s stock valued at $145,000 after purchasing an additional 9 shares during the last quarter. Chartist Inc. CA lifted its position in Sempra Energy by 0.4% in the second quarter. Chartist Inc. CA now owns 2,885 shares of the utilities provider’s stock valued at $325,000 after purchasing an additional 11 shares during the last quarter. Salem Investment Counselors Inc. raised its holdings in shares of Sempra Energy by 1.0% during the second quarter. Salem Investment Counselors Inc. now owns 4,549 shares of the utilities provider’s stock valued at $513,000 after acquiring an additional 44 shares in the last quarter. Peapack Gladstone Financial Corp raised its holdings in shares of Sempra Energy by 1.6% during the second quarter. Peapack Gladstone Financial Corp now owns 4,080 shares of the utilities provider’s stock valued at $460,000 after acquiring an additional 65 shares in the last quarter. Finally, Laurel Wealth Advisors Inc. raised its holdings in shares of Sempra Energy by 0.5% during the second quarter. Laurel Wealth Advisors Inc. now owns 14,125 shares of the utilities provider’s stock valued at $1,592,000 after acquiring an additional 70 shares in the last quarter. Hedge funds and other institutional investors own 80.55% of the company’s stock.

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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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