Fjarde AP Fonden Fourth Swedish National Pension Fund grew its position in Sempra Energy (NYSE:SRE) by 20.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 70,217 shares of the utilities provider’s stock after acquiring an additional 11,792 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Sempra Energy were worth $8,014,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Principal Financial Group Inc. boosted its holdings in shares of Sempra Energy by 240.3% during the 2nd quarter. Principal Financial Group Inc. now owns 1,283,054 shares of the utilities provider’s stock worth $144,664,000 after buying an additional 905,963 shares during the period. BT Investment Management Ltd bought a new stake in shares of Sempra Energy during the 2nd quarter worth about $85,559,000. Capital International Investors boosted its holdings in shares of Sempra Energy by 7.1% during the 2nd quarter. Capital International Investors now owns 9,993,320 shares of the utilities provider’s stock worth $1,126,747,000 after buying an additional 661,199 shares during the period. Janus Henderson Group PLC boosted its holdings in shares of Sempra Energy by 1,806.5% during the 2nd quarter. Janus Henderson Group PLC now owns 605,659 shares of the utilities provider’s stock worth $68,288,000 after buying an additional 573,891 shares during the period. Finally, CI Investments Inc. boosted its holdings in shares of Sempra Energy by 125.3% during the 2nd quarter. CI Investments Inc. now owns 924,460 shares of the utilities provider’s stock worth $104,233,000 after buying an additional 514,100 shares during the period. 80.58% of the stock is owned by institutional investors.

Shares of Sempra Energy (NYSE SRE) traded down $1.82 during trading hours on Thursday, hitting $120.41. 1,900,500 shares of the stock traded hands, compared to its average volume of 1,110,265. The firm has a market cap of $30,689.22, a PE ratio of 22.64, a PEG ratio of 2.69 and a beta of 0.62. The company has a quick ratio of 0.36, a current ratio of 0.40 and a debt-to-equity ratio of 0.96. Sempra Energy has a one year low of $96.53 and a one year high of $122.97.

Sempra Energy (NYSE:SRE) last issued its earnings results on Monday, October 30th. The utilities provider reported $1.04 EPS for the quarter, meeting the consensus estimate of $1.04. The company had revenue of $2.68 billion during the quarter, compared to analysts’ expectations of $2.64 billion. Sempra Energy had a net margin of 10.22% and a return on equity of 8.81%. The business’s revenue for the quarter was up 5.7% compared to the same quarter last year. During the same period in the previous year, the company earned $1.02 EPS. sell-side analysts forecast that Sempra Energy will post 5.24 EPS for the current fiscal year.

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Several analysts recently commented on SRE shares. BidaskClub downgraded shares of Sempra Energy from a “hold” rating to a “sell” rating in a report on Monday, July 31st. Zacks Investment Research downgraded shares of Sempra Energy from a “buy” rating to a “hold” rating in a report on Tuesday, August 8th. Bank of America Corporation started coverage on shares of Sempra Energy in a research note on Tuesday, October 24th. They issued a “buy” rating and a $125.00 price objective for the company. J P Morgan Chase & Co lifted their price objective on shares of Sempra Energy from $123.00 to $124.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 1st. Finally, Royal Bank Of Canada reiterated a “buy” rating and issued a $117.00 price objective on shares of Sempra Energy in a research note on Monday, July 24th. Four analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Sempra Energy has an average rating of “Buy” and an average price target of $124.56.

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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