Universal Beteiligungs und Servicegesellschaft mbH Has $29.58 Million Stake in Sempra Energy $SRE

Universal Beteiligungs und Servicegesellschaft mbH raised its position in shares of Sempra Energy (NYSE:SRE) by 5.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 328,739 shares of the utilities provider’s stock after acquiring an additional 16,319 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.05% of Sempra Energy worth $29,580,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. Empowered Funds LLC boosted its position in shares of Sempra Energy by 52.5% during the 1st quarter. Empowered Funds LLC now owns 18,008 shares of the utilities provider’s stock valued at $1,285,000 after purchasing an additional 6,196 shares in the last quarter. Woodline Partners LP lifted its stake in Sempra Energy by 40.7% in the first quarter. Woodline Partners LP now owns 53,512 shares of the utilities provider’s stock valued at $3,819,000 after buying an additional 15,474 shares during the period. GAMMA Investing LLC boosted its holdings in shares of Sempra Energy by 26.9% during the 2nd quarter. GAMMA Investing LLC now owns 10,533 shares of the utilities provider’s stock worth $798,000 after buying an additional 2,236 shares in the last quarter. AdvisorNet Financial Inc boosted its holdings in shares of Sempra Energy by 20.5% during the 2nd quarter. AdvisorNet Financial Inc now owns 1,715 shares of the utilities provider’s stock worth $130,000 after buying an additional 292 shares in the last quarter. Finally, Fifth Third Bancorp grew its position in shares of Sempra Energy by 0.5% during the 2nd quarter. Fifth Third Bancorp now owns 41,249 shares of the utilities provider’s stock worth $3,125,000 after buying an additional 205 shares during the period. 89.65% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Sempra Energy news, EVP Caroline Ann Winn sold 5,500 shares of Sempra Energy stock in a transaction on Tuesday, November 18th. The shares were sold at an average price of $91.58, for a total transaction of $503,690.00. Following the transaction, the executive vice president directly owned 34,164 shares of the company’s stock, valued at $3,128,739.12. The trade was a 13.87% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Dyan Z. Wold sold 1,510 shares of the stock in a transaction dated Wednesday, November 19th. The shares were sold at an average price of $91.38, for a total transaction of $137,983.80. Following the completion of the sale, the chief accounting officer owned 3,481 shares of the company’s stock, valued at approximately $318,093.78. This represents a 30.25% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 19,396 shares of company stock valued at $1,785,606 in the last 90 days. Insiders own 0.27% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on SRE shares. Morgan Stanley reiterated an “overweight” rating and set a $95.00 target price on shares of Sempra Energy in a research report on Wednesday. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Sempra Energy in a research note on Wednesday. Wells Fargo & Company reissued an “overweight” rating and set a $112.00 price objective (down previously from $115.00) on shares of Sempra Energy in a research report on Tuesday. BTIG Research raised Sempra Energy to a “strong-buy” rating in a research report on Wednesday, October 22nd. Finally, Citigroup reaffirmed a “neutral” rating and set a $99.00 price target (up from $80.00) on shares of Sempra Energy in a research note on Monday, November 24th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $95.83.

Sempra Energy Trading Down 0.3%

SRE opened at $85.75 on Friday. Sempra Energy has a fifty-two week low of $61.90 and a fifty-two week high of $95.72. The firm has a market capitalization of $55.97 billion, a PE ratio of 26.30, a P/E/G ratio of 2.30 and a beta of 0.74. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.59 and a quick ratio of 1.56. The company’s 50-day moving average is $89.72 and its 200 day moving average is $86.63.

Sempra Energy (NYSE:SRE) last released its quarterly earnings results on Wednesday, November 5th. The utilities provider reported $1.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.84 by $0.27. The business had revenue of $3.15 billion during the quarter, compared to the consensus estimate of $2.99 billion. Sempra Energy had a return on equity of 8.67% and a net margin of 15.63%.The company’s quarterly revenue was up 13.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.89 EPS. As a group, research analysts predict that Sempra Energy will post 4.76 earnings per share for the current fiscal year.

Sempra Energy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Thursday, December 11th were given a $0.645 dividend. This represents a $2.58 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date of this dividend was Thursday, December 11th. Sempra Energy’s dividend payout ratio is presently 79.14%.

Sempra Energy Company Profile

Sempra Energy is a San Diego–based energy infrastructure company that develops, owns and operates businesses delivering electricity and natural gas. Its operations include regulated utility services that provide electric and gas distribution to residential, commercial and industrial customers, as well as non‑regulated infrastructure businesses that develop and manage large-scale energy assets.

The company’s product and service portfolio spans electricity and natural gas delivery, transmission and storage, liquefied natural gas (LNG) facilities, power generation and electric transmission projects.