Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its stake in shares of Sempra Energy (NYSE:SRE) by 12.6% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 30,089 shares of the utilities provider’s stock after purchasing an additional 3,371 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Sempra Energy were worth $3,434,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the business. BlackRock Inc. raised its holdings in Sempra Energy by 0.3% during the second quarter. BlackRock Inc. now owns 20,037,400 shares of the utilities provider’s stock worth $2,259,219,000 after purchasing an additional 68,576 shares in the last quarter. Vanguard Group Inc. raised its holdings in Sempra Energy by 2.5% during the second quarter. Vanguard Group Inc. now owns 17,796,341 shares of the utilities provider’s stock worth $2,006,537,000 after purchasing an additional 429,693 shares in the last quarter. Capital International Investors raised its holdings in Sempra Energy by 7.1% during the second quarter. Capital International Investors now owns 9,993,320 shares of the utilities provider’s stock worth $1,126,747,000 after purchasing an additional 661,199 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in Sempra Energy by 2.0% during the second quarter. JPMorgan Chase & Co. now owns 4,031,859 shares of the utilities provider’s stock worth $454,591,000 after purchasing an additional 80,131 shares in the last quarter. Finally, Parnassus Investments CA raised its holdings in Sempra Energy by 8.0% during the third quarter. Parnassus Investments CA now owns 3,602,061 shares of the utilities provider’s stock worth $411,103,000 after purchasing an additional 265,851 shares in the last quarter. 80.61% of the stock is currently owned by institutional investors.

Shares of Sempra Energy (SRE) traded up $0.68 during trading on Thursday, hitting $120.26. 1,053,100 shares of the stock were exchanged, compared to its average volume of 1,111,416. The firm has a market cap of $30,420.00, a PE ratio of 22.14, a price-to-earnings-growth 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. 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 (NYSE:SRE) last announced its earnings results on Monday, October 30th. The utilities provider reported $1.04 EPS for the quarter, meeting analysts’ consensus estimates of $1.04. The business had revenue of $2.68 billion for the quarter, compared to analysts’ expectations of $2.64 billion. Sempra Energy had a net margin of 10.22% and a return on equity of 8.81%. The company’s quarterly revenue was up 5.7% on a year-over-year basis. During the same period in the previous year, the company posted $1.02 EPS. equities analysts expect that Sempra Energy will post 5.24 EPS for the current year.

SRE has been the topic of a number of recent research reports. J P Morgan Chase & Co cut their target price on shares of Sempra Energy from $126.00 to $125.00 and set a “neutral” rating on the stock in a report on Thursday, October 12th. Royal Bank Of Canada reaffirmed a “buy” rating on shares of Sempra Energy in a report on Tuesday, November 7th. Wells Fargo & Company cut their target price 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. Goldman Sachs Group raised shares of Sempra Energy from a “neutral” rating to a “buy” rating and lifted their target price for the company from $117.00 to $129.00 in a report on Wednesday, October 11th. Finally, Zacks Investment Research cut shares of Sempra Energy from a “buy” rating to a “hold” rating in a report on Tuesday, August 8th. Four research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The company 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.

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

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