Nisa Investment Advisors LLC increased its position in Sempra Energy (NYSE:SRE) by 14.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 63,925 shares of the utilities provider’s stock after buying an additional 8,000 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Sempra Energy were worth $8,046,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. lifted its holdings in shares of Sempra Energy by 5.0% in the third 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 period. Vanguard Group Inc lifted its holdings in shares of Sempra Energy by 5.0% in the third 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 period. Norges Bank purchased a new stake in shares of Sempra Energy during the fourth quarter valued at $653,205,000. Northern Trust Corp lifted its holdings in shares of Sempra Energy by 3.7% during the fourth quarter. Northern Trust Corp now owns 3,581,680 shares of the utilities provider’s stock valued at $387,503,000 after purchasing an additional 127,339 shares during the last quarter. Finally, Geode Capital Management LLC lifted its holdings in shares of Sempra Energy by 7.8% during the fourth quarter. Geode Capital Management LLC now owns 3,521,752 shares of the utilities provider’s stock valued at $380,344,000 after purchasing an additional 253,809 shares during the last quarter. Institutional investors and hedge funds own 98.08% of the company’s stock.

Shares of NYSE SRE opened at $127.41 on Friday. Sempra Energy has a 12 month low of $100.49 and a 12 month high of $130.00. The firm has a market cap of $34.92 billion, a PE ratio of 22.87, a P/E/G ratio of 2.58 and a beta of 0.53. The company has a debt-to-equity ratio of 1.27, a current ratio of 0.48 and a quick ratio of 0.45.

Sempra Energy (NYSE:SRE) last posted its quarterly earnings results on Tuesday, February 26th. The utilities provider reported $1.56 earnings per share for the quarter, beating the consensus estimate of $1.47 by $0.09. The firm had revenue of $3.22 billion for the quarter, compared to analyst estimates of $3.02 billion. Sempra Energy had a return on equity of 9.54% and a net margin of 8.73%. Sempra Energy’s quarterly revenue was up 8.7% on a year-over-year basis. During the same period in the previous year, the firm earned $1.54 earnings per share. On average, research analysts anticipate that Sempra Energy will post 6.01 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Friday, March 22nd were given a dividend of $0.9675 per share. This represents a $3.87 annualized dividend and a yield of 3.04%. This is a positive change from Sempra Energy’s previous quarterly dividend of $0.90. The ex-dividend date was Thursday, March 21st. Sempra Energy’s payout ratio is presently 69.48%.

In other news, VP Peter R. Wall sold 1,049 shares of the company’s stock in a transaction dated Thursday, January 24th. The stock was sold at an average price of $112.26, for a total transaction of $117,760.74. Following the completion of the sale, the vice president now owns 2,815 shares in the company, valued at approximately $316,011.90. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Lynn Schenk sold 5,000 shares of the company’s stock in a transaction dated Monday, April 15th. The stock was sold at an average price of $128.92, for a total value of $644,600.00. Following the sale, the director now owns 16,306 shares of the company’s stock, valued at approximately $2,102,169.52. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 8,442 shares of company stock worth $1,051,579. Insiders own 0.13% of the company’s stock.

Several brokerages have recently commented on SRE. Wells Fargo & Co upped their target price on Sempra Energy from $137.00 to $140.00 and gave the company an “outperform” rating in a report on Monday, April 15th. Argus upped their target price on Sempra Energy to $142.00 and gave the company a “buy” rating in a report on Tuesday. Morgan Stanley upped their target price on Sempra Energy from $132.00 to $134.00 and gave the company an “equal weight” rating in a report on Thursday, March 28th. ValuEngine raised Sempra Energy from a “hold” rating to a “buy” rating in a report on Thursday, March 7th. Finally, TheStreet raised Sempra Energy from a “c+” rating to a “b” rating in a report on Tuesday, February 26th. Three analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $130.43.

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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 generates, transmits, and distributes electricity; and supplies natural gas.

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

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