AMP Capital Investors Ltd Has $123.38 Million Stake in Sempra Energy (SRE)

AMP Capital Investors Ltd grew its stake in shares of Sempra Energy (NYSE:SRE) by 3.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,081,054 shares of the utilities provider’s stock after acquiring an additional 36,782 shares during the quarter. Sempra Energy comprises approximately 0.7% of AMP Capital Investors Ltd’s portfolio, making the stock its 23rd biggest position. AMP Capital Investors Ltd owned approximately 0.43% of Sempra Energy worth $123,383,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of SRE. Bronfman E.L. Rothschild L.P. increased its holdings in shares of Sempra Energy by 27.9% during the second quarter. Bronfman E.L. Rothschild L.P. now owns 927 shares of the utilities provider’s stock valued at $105,000 after acquiring an additional 202 shares in the last quarter. WESPAC Advisors SoCal LLC increased its holdings in shares of Sempra Energy by 0.7% during the second quarter. WESPAC Advisors SoCal LLC now owns 1,286 shares of the utilities provider’s stock valued at $145,000 after acquiring an additional 9 shares in the last quarter. Parallel Advisors LLC increased its holdings in shares of Sempra Energy by 49.7% during the second quarter. Parallel Advisors LLC now owns 1,314 shares of the utilities provider’s stock valued at $148,000 after acquiring an additional 436 shares in the last quarter. San Francisco Sentry Investment Group CA bought a new position in shares of Sempra Energy during the second quarter valued at $186,000. Finally, Corundum Group Inc. bought a new position in shares of Sempra Energy during the second quarter valued at $203,000. Hedge funds and other institutional investors own 80.62% of the company’s stock.

Sempra Energy (SRE) traded down $0.04 during trading on Wednesday, hitting $116.18. The company had a trading volume of 952,561 shares, compared to its average volume of 1,350,000. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.40 and a quick ratio of 0.36. Sempra Energy has a 12 month low of $98.49 and a 12 month high of $122.97. The stock has a market capitalization of $29,170.00, a PE ratio of 22.31, a PEG ratio of 2.65 and a beta of 0.61.

Sempra Energy (NYSE:SRE) last released its quarterly earnings data on Monday, October 30th. The utilities provider reported $1.04 EPS for the quarter, meeting the consensus estimate of $1.04. Sempra Energy had a return on equity of 8.81% and a net margin of 10.22%. The company had revenue of $2.68 billion for the quarter, compared to analysts’ expectations of $2.64 billion. During the same period last year, the firm posted $1.02 earnings per share. Sempra Energy’s revenue was up 5.7% compared to the same quarter last year. research analysts anticipate that Sempra Energy will post 5.24 earnings per share for the current fiscal year.

Several brokerages have recently weighed in on SRE. Royal Bank Of Canada restated a “buy” rating on shares of Sempra Energy in a report on Tuesday, November 7th. J P Morgan Chase & Co raised their price target on Sempra Energy from $123.00 to $124.00 and gave the company a “neutral” rating in a report on Wednesday, November 1st. BidaskClub upgraded Sempra Energy from a “hold” rating to a “buy” rating in a report on Tuesday, August 8th. Zacks Investment Research downgraded Sempra Energy from a “buy” rating to a “hold” rating in a report on Tuesday, August 8th. Finally, Morgan Stanley increased their price objective on Sempra Energy from $131.00 to $134.00 and gave the company an “overweight” rating in a research report on Thursday, August 10th. Four analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Sempra Energy currently has an average rating of “Buy” and an average price target of $124.56.

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Sempra Energy 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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