Dowling & Yahnke LLC lessened its stake in shares of Sempra Energy (NYSE:SRE) by 7.8% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 36,521 shares of the utilities provider’s stock after selling 3,088 shares during the quarter. Dowling & Yahnke LLC’s holdings in Sempra Energy were worth $4,168,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the company. AE Wealth Management LLC purchased a new stake in Sempra Energy in the third quarter worth $254,000. Dynamic Technology Lab Private Ltd purchased a new stake in Sempra Energy in the third quarter worth $1,233,000. Macquarie Group Ltd. lifted its stake in Sempra Energy by 2.4% in the third quarter. Macquarie Group Ltd. now owns 1,246,781 shares of the utilities provider’s stock worth $142,296,000 after acquiring an additional 29,800 shares during the period. SG Americas Securities LLC lifted its stake in Sempra Energy by 63.5% in the third quarter. SG Americas Securities LLC now owns 68,107 shares of the utilities provider’s stock worth $7,773,000 after acquiring an additional 26,442 shares during the period. Finally, Advisors Asset Management Inc. lifted its stake in Sempra Energy by 135.2% in the third quarter. Advisors Asset Management Inc. now owns 17,321 shares of the utilities provider’s stock worth $1,977,000 after acquiring an additional 9,956 shares during the period. 80.62% of the stock is owned by hedge funds and other institutional investors.

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Shares of Sempra Energy (NYSE SRE) traded down $0.35 during trading on Monday, reaching $119.51. The company’s stock had a trading volume of 1,701,700 shares, compared to its average volume of 1,113,944. 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 stock has a market capitalization of $30,010.00, a price-to-earnings ratio of 22.13, a P/E/G ratio of 2.63 and a beta of 0.62. Sempra Energy has a fifty-two week low of $98.12 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 EPS for the quarter, meeting the consensus estimate of $1.04. The business had revenue of $2.68 billion during the quarter, compared to analyst estimates of $2.64 billion. Sempra Energy had a return on equity of 8.81% and a net margin of 10.22%. The company’s revenue for the quarter was up 5.7% on a year-over-year basis. During the same quarter last year, the firm posted $1.02 earnings per share. equities analysts expect that Sempra Energy will post 5.24 EPS for the current year.

SRE has been the subject of a number of research analyst reports. Royal Bank Of Canada reaffirmed a “buy” rating on shares of Sempra Energy in a research note on Tuesday, November 7th. Goldman Sachs Group, Inc. (The) raised Sempra Energy from a “neutral” rating to a “buy” rating and raised their price target for the stock from $117.00 to $129.00 in a research note on Wednesday, October 11th. Bank of America Corporation initiated coverage on Sempra Energy in a research note on Tuesday, October 24th. They issued a “buy” rating and a $125.00 price target for the company. BidaskClub raised Sempra Energy from a “hold” rating to a “buy” rating in a research note on Tuesday, August 8th. Finally, Zacks Investment Research lowered Sempra Energy from a “buy” rating to a “hold” rating in a research note on Tuesday, August 8th. Four investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $124.56.

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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