Gulf International Bank UK Ltd boosted its stake in shares of Sempra Energy (NYSE:SRE) by 1.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 72,080 shares of the company’s stock after buying an additional 1,300 shares during the period. Gulf International Bank UK Ltd’s holdings in Sempra Energy were worth $7,726,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the stock. Gamble Jones Investment Counsel raised its stake in shares of Sempra Energy by 0.4% in the second quarter. Gamble Jones Investment Counsel now owns 2,150 shares of the company’s stock valued at $245,000 after buying an additional 9 shares in the last quarter. WESPAC Advisors SoCal LLC raised its stake in shares of Sempra Energy by 0.7% in the second quarter. WESPAC Advisors SoCal LLC now owns 1,250 shares of the company’s stock valued at $143,000 after buying an additional 9 shares in the last quarter. Neumann Capital Management LLC raised its stake in shares of Sempra Energy by 0.7% in the second quarter. Neumann Capital Management LLC now owns 2,284 shares of the company’s stock valued at $260,000 after buying an additional 16 shares in the last quarter. Sterling Global Strategies LLC raised its stake in shares of Sempra Energy by 0.4% in the second quarter. Sterling Global Strategies LLC now owns 4,614 shares of the company’s stock valued at $526,000 after buying an additional 18 shares in the last quarter. Finally, Conning Inc. raised its stake in shares of Sempra Energy by 0.4% in the second quarter. Conning Inc. now owns 5,631 shares of the company’s stock valued at $642,000 after buying an additional 20 shares in the last quarter. 79.96% of the stock is currently owned by institutional investors and hedge funds.

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

Shares of Sempra Energy (NYSE:SRE) traded down 0.88% on Wednesday, reaching $100.38. The company had a trading volume of 644,107 shares. Sempra Energy has a one year low of $86.72 and a one year high of $114.66. The firm has a market cap of $25.13 billion, a P/E ratio of 18.63 and a beta of 0.52. The company has a 50-day moving average price of $102.12 and a 200-day moving average price of $106.68.

Sempra Energy (NYSE:SRE) last announced its quarterly earnings data on Wednesday, November 2nd. The company reported $1.02 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.96 by $0.06. Sempra Energy had a return on equity of 9.41% and a net margin of 13.24%. The company had revenue of $2.54 billion for the quarter, compared to analyst estimates of $2.68 billion. During the same quarter last year, the firm earned $1.00 EPS. Sempra Energy’s revenue for the quarter was up 2.2% compared to the same quarter last year. On average, analysts expect that Sempra Energy will post $4.81 earnings per share for the current fiscal year.

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SRE has been the topic of several analyst reports. Zacks Investment Research raised Sempra Energy from a “sell” rating to a “hold” rating in a research report on Thursday, August 25th. Argus reaffirmed a “buy” rating on shares of Sempra Energy in a research report on Tuesday, September 20th. Finally, Guggenheim reissued a “buy” rating and set a $121.00 price target on shares of Sempra Energy in a report on Monday, November 7th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Sempra Energy currently has an average rating of “Buy” and a consensus target price of $114.69.

In other news, Director Alan L. Boeckmann acquired 6,000 shares of the firm’s stock in a transaction dated Tuesday, November 29th. The shares were bought at an average price of $101.52 per share, with a total value of $609,120.00. Following the acquisition, the director now owns 5,102 shares of the company’s stock, valued at $517,955.04. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.16% of the company’s stock.

Sempra Energy Company Profile

Sempra Energy is a holding company. The Company’s principal operating units are San Diego Gas & Electric Company (SDG&E) and Southern California Gas Company (SoCalGas); Sempra International, which includes Sempra South American Utilities and Sempra Mexico segments, and Sempra U.S. Gas & Power, which includes Sempra Renewables and Sempra Natural Gas segments.

5 Day Chart for NYSE:SRE

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