Moody National Bank Trust Division raised its stake in Sempra Energy (NYSE:SRE) by 35.1% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 793 shares of the utilities provider’s stock after purchasing an additional 206 shares during the period. Moody National Bank Trust Division’s holdings in Sempra Energy were worth $86,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc increased its position in shares of Sempra Energy by 5.0% in the 3rd quarter. Vanguard Group Inc now owns 20,783,386 shares of the utilities provider’s stock worth $2,364,110,000 after purchasing an additional 997,607 shares during the last quarter. Great Lakes Advisors LLC bought a new stake in shares of Sempra Energy during the 3rd quarter valued at about $386,000. Vanguard Group Inc. grew its position in shares of Sempra Energy by 5.0% during the 3rd quarter. Vanguard Group Inc. now owns 20,783,386 shares of the utilities provider’s stock valued at $2,364,110,000 after buying an additional 997,607 shares during the last quarter. Legal & General Group Plc grew its position in shares of Sempra Energy by 5.4% during the 3rd quarter. Legal & General Group Plc now owns 2,313,912 shares of the utilities provider’s stock valued at $263,172,000 after buying an additional 118,668 shares during the last quarter. Finally, TIAA CREF Investment Management LLC grew its position in shares of Sempra Energy by 17.3% during the 3rd quarter. TIAA CREF Investment Management LLC now owns 1,910,201 shares of the utilities provider’s stock valued at $217,285,000 after buying an additional 282,220 shares during the last quarter. 94.08% of the stock is owned by institutional investors.

A number of equities research analysts recently weighed in on SRE shares. Bank of America lowered their price objective on shares of Sempra Energy from $122.00 to $120.00 and set a “neutral” rating for the company in a research report on Wednesday, September 26th. Wells Fargo & Co boosted their price objective on shares of Sempra Energy from $129.00 to $130.00 and gave the company an “outperform” rating in a research report on Thursday, November 8th. Morgan Stanley set a $121.00 price objective on shares of Sempra Energy and gave the company a “hold” rating in a research report on Friday, September 28th. Zacks Investment Research reaffirmed a “buy” rating and set a $128.00 price objective on shares of Sempra Energy in a research report on Monday, December 31st. Finally, ValuEngine raised shares of Sempra Energy from a “hold” rating to a “buy” rating in a research report on Wednesday, October 24th. Two analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $125.25.

In other Sempra Energy news, Director Lynn Schenk sold 5,000 shares of the company’s stock in a transaction dated Wednesday, January 2nd. The shares were sold at an average price of $107.09, for a total value of $535,450.00. Following the completion of the transaction, the director now owns 11,306 shares in the company, valued at approximately $1,210,759.54. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Jeffrey W. Martin sold 5,705 shares of the company’s stock in a transaction dated Friday, November 9th. The stock was sold at an average price of $117.58, for a total transaction of $670,793.90. Following the completion of the transaction, the chief executive officer now owns 29,660 shares of the company’s stock, valued at approximately $3,487,422.80. The disclosure for this sale can be found here. In the last 90 days, insiders sold 54,349 shares of company stock valued at $6,296,334. 0.16% of the stock is owned by insiders.

NYSE SRE opened at $112.42 on Thursday. Sempra Energy has a 52 week low of $100.49 and a 52 week 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. The stock has a market capitalization of $30.23 billion, a price-to-earnings ratio of 20.74, a PEG ratio of 2.24 and a beta of 0.43.

Sempra Energy (NYSE:SRE) last posted its earnings results on Wednesday, November 7th. The utilities provider reported $1.23 EPS for the quarter, topping the consensus estimate of $1.13 by $0.10. Sempra Energy had a negative net margin of 3.33% and a positive return on equity of 9.33%. The firm had revenue of $2.94 billion during the quarter, compared to analysts’ expectations of $2.73 billion. During the same quarter in the prior year, the firm earned $1.04 EPS. Sempra Energy’s quarterly revenue was up 9.7% on a year-over-year basis. As a group, equities analysts expect that Sempra Energy will post 5.44 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, January 15th. Shareholders of record on Monday, December 31st will be given a $0.895 dividend. This represents a $3.58 annualized dividend and a yield of 3.18%. The ex-dividend date of this dividend is Friday, December 28th. Sempra Energy’s dividend payout ratio (DPR) is 66.05%.

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Sempra Energy 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.

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

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