D.A. Davidson & CO. Buys 2,479 Shares of Sempra Energy (SRE)

D.A. Davidson & CO. lifted its stake in Sempra Energy (NYSE:SRE) by 34.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 9,597 shares of the utilities provider’s stock after buying an additional 2,479 shares during the period. D.A. Davidson & CO.’s holdings in Sempra Energy were worth $1,026,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the stock. Advisory Services Network LLC boosted its stake in shares of Sempra Energy by 21.5% in the fourth quarter. Advisory Services Network LLC now owns 6,958 shares of the utilities provider’s stock valued at $744,000 after buying an additional 1,231 shares during the period. Global X Management Co. LLC raised its position in Sempra Energy by 111.2% during the fourth quarter. Global X Management Co. LLC now owns 5,771 shares of the utilities provider’s stock valued at $617,000 after purchasing an additional 3,039 shares in the last quarter. Toronto Dominion Bank raised its position in Sempra Energy by 13.4% during the fourth quarter. Toronto Dominion Bank now owns 107,413 shares of the utilities provider’s stock valued at $11,484,000 after purchasing an additional 12,713 shares in the last quarter. New Mexico Educational Retirement Board raised its position in Sempra Energy by 3.4% during the fourth quarter. New Mexico Educational Retirement Board now owns 24,141 shares of the utilities provider’s stock valued at $2,581,000 after purchasing an additional 800 shares in the last quarter. Finally, Rational Advisors LLC acquired a new position in Sempra Energy during the fourth quarter valued at approximately $257,000. Institutional investors and hedge funds own 79.58% of the company’s stock.

Several research analysts have commented on the stock. Royal Bank of Canada restated a “buy” rating on shares of Sempra Energy in a research report on Tuesday, November 7th. JPMorgan Chase & Co. boosted their price objective on shares of Sempra Energy from $123.00 to $124.00 and gave the company a “neutral” rating in a research report on Wednesday, November 1st. Bank of America downgraded shares of Sempra Energy from a “buy” rating to a “hold” rating and set a $112.00 price objective for the company. in a research report on Thursday, December 28th. UBS Group assumed coverage on shares of Sempra Energy in a research report on Friday, February 2nd. They set a “buy” rating and a $124.00 price objective for the company. Finally, Zacks Investment Research downgraded shares of Sempra Energy from a “hold” rating to a “strong sell” rating in a research report on Saturday, January 20th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and six have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $121.89.

Sempra Energy (NYSE:SRE) opened at $105.43 on Thursday. The company has a market cap of $27,782.59, a P/E ratio of 23.38, a price-to-earnings-growth ratio of 2.23 and a beta of 0.56. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.36 and a current ratio of 0.40. Sempra Energy has a 1 year low of $100.63 and a 1 year high of $122.97.

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About Sempra Energy

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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