1 North Wealth Services LLC Takes Position in Sempra Energy (SRE)

1 North Wealth Services LLC acquired a new stake in Sempra Energy (NYSE:SRE) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 275 shares of the utilities provider’s stock, valued at approximately $30,000.

A number of other institutional investors and hedge funds also recently modified their holdings of SRE. Oregon Public Employees Retirement Fund grew its position in shares of Sempra Energy by 10,582.1% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 3,099,319 shares of the utilities provider’s stock worth $29,000 after buying an additional 3,070,305 shares in the last quarter. Patriot Financial Group Insurance Agency LLC grew its position in shares of Sempra Energy by 166.0% during the fourth quarter. Patriot Financial Group Insurance Agency LLC now owns 532 shares of the utilities provider’s stock worth $58,000 after buying an additional 332 shares in the last quarter. Ipswich Investment Management Co. Inc. acquired a new position in shares of Sempra Energy during the fourth quarter worth about $65,000. CWM LLC grew its position in shares of Sempra Energy by 290.6% during the fourth quarter. CWM LLC now owns 625 shares of the utilities provider’s stock worth $68,000 after buying an additional 465 shares in the last quarter. Finally, Moody National Bank Trust Division grew its position in shares of Sempra Energy by 35.1% during the fourth quarter. Moody National Bank Trust Division now owns 793 shares of the utilities provider’s stock worth $86,000 after buying an additional 206 shares in the last quarter. Hedge funds and other institutional investors own 94.33% of the company’s stock.

A number of brokerages have recently commented on SRE. ValuEngine downgraded Sempra Energy from a “buy” rating to a “hold” rating in a research report on Wednesday. Zacks Investment Research raised Sempra Energy from a “sell” rating to a “hold” rating in a research report on Tuesday. Wells Fargo & Co boosted their price objective on Sempra Energy from $126.00 to $128.00 and gave the stock an “outperform” rating in a research report on Monday. Guggenheim reissued a “buy” rating and set a $133.00 price objective on shares of Sempra Energy in a research report on Monday, January 7th. Finally, TheStreet cut Sempra Energy from a “b” rating to a “c+” rating in a research note on Thursday, December 20th. Four research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Sempra Energy currently has a consensus rating of “Buy” and an average target price of $125.14.

In related news, VP Peter R. Wall sold 1,049 shares of the business’s stock in a transaction that occurred on Thursday, January 24th. The stock was sold at an average price of $112.26, for a total transaction of $117,760.74. Following the completion of the sale, the vice president now owns 2,815 shares in the company, valued at $316,011.90. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Lynn Schenk sold 5,000 shares of the business’s stock in a transaction that occurred on Wednesday, January 2nd. The stock was sold at an average price of $107.09, for a total value of $535,450.00. Following the sale, the director now owns 11,306 shares of the company’s stock, valued at approximately $1,210,759.54. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 17,649 shares of company stock valued at $1,988,835. 0.16% of the stock is owned by company insiders.

SRE stock opened at $114.24 on Thursday. The company has a market cap of $32.27 billion, a P/E ratio of 21.08, a price-to-earnings-growth ratio of 2.39 and a beta of 0.51. Sempra Energy has a fifty-two week low of $100.49 and a fifty-two week high of $127.22. The company has a debt-to-equity ratio of 1.27, a current ratio of 0.59 and a quick ratio of 0.55.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, January 15th. Investors of record on Monday, December 31st were paid a dividend of $0.895 per share. This represents a $3.58 annualized dividend and a yield of 3.13%. The ex-dividend date was Friday, December 28th. Sempra Energy’s payout ratio is 66.05%.

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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 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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