Parametric Portfolio Associates LLC grew its stake in shares of Sempra Energy (NYSE:SRE) by 9.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 425,923 shares of the utilities provider’s stock after acquiring an additional 35,066 shares during the quarter. Parametric Portfolio Associates LLC owned about 0.17% of Sempra Energy worth $48,611,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Shell Asset Management Co. increased its holdings in shares of Sempra Energy by 14.1% during the third quarter. Shell Asset Management Co. now owns 66,058 shares of the utilities provider’s stock valued at $6,961,000 after acquiring an additional 8,165 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Sempra Energy by 2.0% during the second quarter. JPMorgan Chase & Co. now owns 4,031,859 shares of the utilities provider’s stock valued at $454,591,000 after acquiring an additional 80,131 shares in the last quarter. Girard Partners LTD. increased its holdings in shares of Sempra Energy by 11.9% during the second quarter. Girard Partners LTD. now owns 3,234 shares of the utilities provider’s stock valued at $365,000 after acquiring an additional 343 shares in the last quarter. Timber Hill LLC acquired a new position in shares of Sempra Energy during the second quarter valued at about $1,104,000. Finally, Prudential Financial Inc. increased its holdings in shares of Sempra Energy by 1.2% during the second quarter. Prudential Financial Inc. now owns 356,935 shares of the utilities provider’s stock valued at $40,244,000 after acquiring an additional 4,120 shares in the last quarter. Hedge funds and other institutional investors own 80.56% of the company’s stock.

Sempra Energy (NYSE SRE) opened at $112.19 on Wednesday. Sempra Energy has a fifty-two week low of $99.71 and a fifty-two week high of $122.97. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.40 and a quick ratio of 0.36. The firm has a market cap of $28,891.50, a P/E ratio of 21.31, a P/E/G ratio of 2.46 and a beta of 0.61.

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

The firm also recently declared a quarterly dividend, which will be paid on Monday, January 15th. Investors of record on Friday, December 29th will be issued a $0.8225 dividend. The ex-dividend date of this dividend is Thursday, December 28th. This represents a $3.29 annualized dividend and a yield of 2.93%. Sempra Energy’s dividend payout ratio (DPR) is presently 72.95%.

Several equities analysts have recently issued reports on the stock. Bank of America assumed coverage on shares of Sempra Energy in a report on Tuesday, October 24th. They set a “buy” rating and a $125.00 price objective on the stock. J P Morgan Chase & Co upped their price objective on shares of Sempra Energy from $123.00 to $124.00 and gave the company a “neutral” rating in a report on Wednesday, November 1st. Goldman Sachs Group upgraded shares of Sempra Energy from a “neutral” rating to a “buy” rating and upped their price objective for the company from $117.00 to $129.00 in a report on Wednesday, October 11th. Royal Bank of Canada restated a “buy” rating on shares of Sempra Energy in a report on Tuesday, November 7th. Finally, Wells Fargo & Company cut their price objective on shares of Sempra Energy from $130.00 to $128.00 and set an “outperform” rating on the stock in a report on Tuesday, October 10th. Four equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Sempra Energy currently has an average rating of “Buy” and a consensus price target of $124.56.

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Sempra Energy Company 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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