Sempra Energy $SRE Shares Sold by Partners Group Holding AG

Partners Group Holding AG trimmed its holdings in shares of Sempra Energy (NYSE:SRE) by 19.1% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 376,042 shares of the utilities provider’s stock after selling 88,664 shares during the period. Sempra Energy comprises 1.9% of Partners Group Holding AG’s investment portfolio, making the stock its 19th biggest holding. Partners Group Holding AG’s holdings in Sempra Energy were worth $33,836,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the business. Meeder Asset Management Inc. acquired a new stake in Sempra Energy in the third quarter valued at $25,000. Westside Investment Management Inc. increased its holdings in shares of Sempra Energy by 51.2% in the 2nd quarter. Westside Investment Management Inc. now owns 375 shares of the utilities provider’s stock valued at $29,000 after purchasing an additional 127 shares in the last quarter. NewSquare Capital LLC lifted its stake in shares of Sempra Energy by 245.1% in the second quarter. NewSquare Capital LLC now owns 421 shares of the utilities provider’s stock valued at $32,000 after purchasing an additional 299 shares during the period. Hartford Funds Management Co LLC acquired a new stake in shares of Sempra Energy in the second quarter valued at about $35,000. Finally, Activest Wealth Management boosted its holdings in Sempra Energy by 74.6% during the third quarter. Activest Wealth Management now owns 391 shares of the utilities provider’s stock worth $35,000 after buying an additional 167 shares in the last quarter. Hedge funds and other institutional investors own 89.65% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on SRE. Citigroup reaffirmed a “neutral” rating and issued a $99.00 target price (up from $80.00) on shares of Sempra Energy in a report on Monday, November 24th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Sempra Energy in a research note on Wednesday, January 21st. UBS Group reiterated an “outperform” rating and set a $100.00 target price on shares of Sempra Energy in a research report on Thursday, January 22nd. Wells Fargo & Company reiterated an “overweight” rating and issued a $112.00 price objective (down from $115.00) on shares of Sempra Energy in a research report on Tuesday, January 20th. Finally, Barclays set a $95.00 target price on shares of Sempra Energy and gave the company an “overweight” rating in a report on Tuesday, February 3rd. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $99.10.

Sempra Energy Price Performance

NYSE:SRE opened at $94.43 on Thursday. Sempra Energy has a 12-month low of $61.90 and a 12-month high of $95.74. The firm has a market cap of $61.64 billion, a price-to-earnings ratio of 28.97, a price-to-earnings-growth ratio of 3.55 and a beta of 0.74. The company’s 50-day moving average is $89.33 and its two-hundred day moving average is $88.58. The company has a current ratio of 1.59, a quick ratio of 1.56 and a debt-to-equity ratio of 0.76.

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.