Northwestern Mutual Investment Management Company LLC decreased its position in Sempra Energy (NYSE:SRE) by 82.1% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,042 shares of the utilities provider’s stock after selling 41,605 shares during the quarter. Northwestern Mutual Investment Management Company LLC’s holdings in Sempra Energy were worth $1,031,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in SRE. Bronfman E.L. Rothschild L.P. raised its position in shares of Sempra Energy by 27.9% in the second quarter. Bronfman E.L. Rothschild L.P. now owns 927 shares of the utilities provider’s stock valued at $105,000 after purchasing an additional 202 shares during the period. Guardian Life Insurance Co. of America raised its position in shares of Sempra Energy by 0.6% in the first quarter. Guardian Life Insurance Co. of America now owns 964 shares of the utilities provider’s stock valued at $107,000 after purchasing an additional 6 shares during the period. Grove Bank & Trust raised its position in shares of Sempra Energy by 38.3% in the second quarter. Grove Bank & Trust now owns 1,033 shares of the utilities provider’s stock valued at $116,000 after purchasing an additional 286 shares during the period. Parallel Advisors LLC raised its position in shares of Sempra Energy by 49.7% in the second quarter. Parallel Advisors LLC now owns 1,314 shares of the utilities provider’s stock valued at $148,000 after purchasing an additional 436 shares during the period. Finally, Oppenheimer Asset Management Inc. bought a new position in shares of Sempra Energy in the first quarter valued at approximately $170,000. 81.20% of the stock is currently owned by institutional investors.

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Sempra Energy (NYSE:SRE) opened at 117.20 on Thursday. The company’s 50-day moving average is $116.25 and its 200-day moving average is $113.11. The company has a market cap of $29.43 billion, a price-to-earnings ratio of 17.33 and a beta of 0.55. Sempra Energy has a 12 month low of $92.95 and a 12 month high of $119.66.

Sempra Energy (NYSE:SRE) last posted its quarterly earnings data on Friday, August 4th. The utilities provider reported $1.10 earnings per share for the quarter, topping the consensus estimate of $0.80 by $0.30. The firm had revenue of $2.53 billion for the quarter, compared to analysts’ expectations of $2.46 billion. Sempra Energy had a return on equity of 9.11% and a net margin of 15.51%. The company’s quarterly revenue was up 17.5% compared to the same quarter last year. During the same quarter last year, the business earned $0.79 EPS. On average, equities research analysts anticipate that Sempra Energy will post $5.23 earnings per share for the current year.

A number of equities analysts have recently commented on the stock. BMO Capital Markets reissued a “hold” rating and issued a $115.00 price target on shares of Sempra Energy in a research report on Wednesday, May 10th. Morgan Stanley lifted their price target on shares of Sempra Energy from $131.00 to $134.00 and gave the company an “overweight” rating in a research report on Thursday, August 10th. BidaskClub lowered shares of Sempra Energy from a “hold” rating to a “sell” rating in a research report on Wednesday, July 12th. Royal Bank Of Canada reissued a “buy” rating and issued a $117.00 price target on shares of Sempra Energy in a research report on Monday, July 24th. Finally, Barclays PLC lowered shares of Sempra Energy from an “overweight” rating to an “equal weight” rating and set a $121.00 price target on the stock. in a research report on Thursday, June 8th. Three equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The company has an average rating of “Buy” and an average price target of $121.00.

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.

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

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