Sempra Energy (NYSE:SRE) saw unusually large options trading activity on Tuesday. Stock investors acquired 10,094 call options on the company. This is an increase of approximately 1,257% compared to the average daily volume of 744 call options.

SRE stock opened at $116.01 on Wednesday. The company has a market cap of $31.58 billion, a P/E ratio of 20.79, a P/E/G ratio of 2.62 and a beta of 0.37. Sempra Energy has a 1 year low of $100.49 and a 1 year high of $127.22. The company has a quick ratio of 0.55, a current ratio of 0.59 and a debt-to-equity ratio of 1.27.

Sempra Energy (NYSE:SRE) last released its quarterly earnings data on Wednesday, November 7th. The utilities provider reported $1.23 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.13 by $0.10. The business had revenue of $2.94 billion during the quarter, compared to analysts’ expectations of $2.73 billion. Sempra Energy had a negative net margin of 3.33% and a positive return on equity of 9.33%. The firm’s quarterly revenue was up 9.7% compared to the same quarter last year. During the same period in the prior year, the company earned $1.04 EPS. As a group, research analysts expect that Sempra Energy will post 5.42 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Monday, October 15th. Investors of record on Friday, September 21st were given a dividend of $0.895 per share. This represents a $3.58 dividend on an annualized basis and a yield of 3.09%. The ex-dividend date of this dividend was Thursday, September 20th. Sempra Energy’s dividend payout ratio is 66.05%.

A number of brokerages have recently weighed in on SRE. ValuEngine raised shares of Sempra Energy from a “hold” rating to a “buy” rating in a report on Wednesday, October 24th. Morgan Stanley set a $121.00 price target on shares of Sempra Energy and gave the stock a “hold” rating in a report on Friday, September 28th. Wells Fargo & Co upped their price target on shares of Sempra Energy from $129.00 to $130.00 and gave the stock an “outperform” rating in a report on Thursday, November 8th. JPMorgan Chase & Co. set a $110.00 price target on shares of Sempra Energy and gave the stock a “hold” rating in a report on Monday, July 30th. Finally, Bank of America cut their price target on shares of Sempra Energy from $122.00 to $120.00 and set a “neutral” rating for the company in a report on Wednesday, September 26th. Four analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $123.38.

In other news, CEO Jeffrey W. Martin sold 5,705 shares of the company’s stock in a transaction that occurred on Friday, November 9th. The shares were sold at an average price of $117.58, for a total transaction of $670,793.90. Following the completion of the sale, the chief executive officer now owns 29,660 shares of the company’s stock, valued at approximately $3,487,422.80. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Chairman Debra L. Reed sold 27,300 shares of the company’s stock in a transaction that occurred on Friday, November 9th. The stock was sold at an average price of $117.20, for a total transaction of $3,199,560.00. Following the sale, the chairman now directly owns 145,256 shares of the company’s stock, valued at approximately $17,024,003.20. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 37,749 shares of company stock valued at $4,425,260. 0.16% of the stock is currently owned by insiders.

A number of hedge funds have recently added to or reduced their stakes in SRE. Northern Trust Corp increased its position in Sempra Energy by 3.0% in the 2nd quarter. Northern Trust Corp now owns 3,347,745 shares of the utilities provider’s stock valued at $388,707,000 after acquiring an additional 96,158 shares during the period. Nomura Holdings Inc. increased its position in Sempra Energy by 5,266.3% in the 2nd quarter. Nomura Holdings Inc. now owns 3,138,899 shares of the utilities provider’s stock valued at $364,458,000 after acquiring an additional 3,080,406 shares during the period. Bank of New York Mellon Corp increased its position in Sempra Energy by 1.5% in the 3rd quarter. Bank of New York Mellon Corp now owns 2,391,551 shares of the utilities provider’s stock valued at $272,041,000 after acquiring an additional 35,552 shares during the period. Legal & General Group Plc increased its position in Sempra Energy by 7.2% in the 2nd quarter. Legal & General Group Plc now owns 2,195,244 shares of the utilities provider’s stock valued at $254,852,000 after acquiring an additional 147,022 shares during the period. Finally, Pictet Asset Management Ltd. increased its position in Sempra Energy by 222.8% in the 3rd quarter. Pictet Asset Management Ltd. now owns 1,742,113 shares of the utilities provider’s stock valued at $198,165,000 after acquiring an additional 1,202,363 shares during the period. Institutional investors and hedge funds own 88.45% of the company’s stock.

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Sempra Energy Company Profile

Sempra Energy, together with its subsidiaries, invests in, develops, and operates energy infrastructure, as well as provides electric and gas services in the United States and internationally. The company's San Diego Gas & Electric Company segment engages in the generation, transmission, and distribution of electricity.

Read More: Return on Investment (ROI) Defined, Explained

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