Oppenheimer Asset Management Inc. grew its position in shares of Sempra Energy (NYSE:SRE) by 8.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,050 shares of the utilities provider’s stock after acquiring an additional 579 shares during the period. Oppenheimer Asset Management Inc.’s holdings in Sempra Energy were worth $805,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Bronfman E.L. Rothschild L.P. raised its stake 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 during the last quarter. WESPAC Advisors SoCal LLC raised its stake 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 during the last quarter. Parallel Advisors LLC raised its stake 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 during the last quarter. San Francisco Sentry Investment Group CA bought a new position in shares of Sempra Energy during the second quarter valued at about $186,000. Finally, Benjamin F. Edwards & Company Inc. raised its stake in Sempra Energy by 89.9% in the third quarter. Benjamin F. Edwards & Company Inc. now owns 1,812 shares of the utilities provider’s stock worth $207,000 after buying an additional 858 shares in the last quarter. 80.62% of the stock is owned by hedge funds and other institutional investors.

Shares of Sempra Energy (NYSE SRE) opened at $116.53 on Friday. The firm has a market cap of $29,069.77, a PE ratio of 21.44, a price-to-earnings-growth ratio of 2.48 and a beta of 0.61. 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 fifty-two week low of $99.71 and a fifty-two week high of $122.97.

Sempra Energy (NYSE:SRE) last announced its quarterly earnings data on Monday, October 30th. The utilities provider reported $1.04 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $1.04. Sempra Energy had a net margin of 10.22% and a return on equity of 8.81%. The business had revenue of $2.68 billion for the quarter, compared to analysts’ expectations of $2.64 billion. During the same quarter in the prior year, the company earned $1.02 earnings per share. The business’s revenue was up 5.7% compared to the same quarter last year. equities analysts expect that Sempra Energy will post 5.24 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Monday, January 15th. Stockholders of record on Friday, December 29th will be issued a dividend of $0.8225 per share. This represents a $3.29 dividend on an annualized basis and a dividend yield of 2.82%. Sempra Energy’s payout ratio is 72.95%.

A number of equities analysts recently issued reports on the stock. Royal Bank of Canada reissued a “buy” rating on shares of Sempra Energy in a research note on Tuesday, November 7th. J P Morgan Chase & Co decreased their price target on shares of Sempra Energy from $126.00 to $125.00 and set a “neutral” rating for the company in a research note on Thursday, October 12th. Goldman Sachs Group raised shares of Sempra Energy from a “neutral” rating to a “buy” rating and increased their price target for the stock from $117.00 to $129.00 in a research note on Wednesday, October 11th. Wells Fargo & Company decreased their price target on shares of Sempra Energy from $130.00 to $128.00 and set an “outperform” rating for the company in a research note on Tuesday, October 10th. Finally, Bank of America assumed coverage on shares of Sempra Energy in a research note on Tuesday, October 24th. They issued a “buy” rating and a $125.00 price target for the company. Four analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus 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.

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

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