Sempra (NYSE:SRE) Shares Sold by Asset Management One Co. Ltd.

Asset Management One Co. Ltd. trimmed its position in Sempra (NYSE:SRE - Free Report) by 3.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 294,524 shares of the utilities provider's stock after selling 10,297 shares during the period. Asset Management One Co. Ltd.'s holdings in Sempra were worth $25,850,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Private Advisor Group LLC lifted its holdings in Sempra by 1.6% in the 3rd quarter. Private Advisor Group LLC now owns 8,742 shares of the utilities provider's stock valued at $731,000 after purchasing an additional 139 shares in the last quarter. LVM Capital Management Ltd. MI lifted its holdings in Sempra by 2.4% in the 4th quarter. LVM Capital Management Ltd. MI now owns 6,677 shares of the utilities provider's stock valued at $586,000 after purchasing an additional 155 shares in the last quarter. Kingsview Wealth Management LLC lifted its holdings in Sempra by 0.3% in the 3rd quarter. Kingsview Wealth Management LLC now owns 46,518 shares of the utilities provider's stock valued at $3,890,000 after purchasing an additional 158 shares in the last quarter. CX Institutional lifted its holdings in shares of Sempra by 5.5% during the 3rd quarter. CX Institutional now owns 3,083 shares of the utilities provider's stock worth $258,000 after acquiring an additional 161 shares during the period. Finally, Rosenberg Matthew Hamilton lifted its holdings in shares of Sempra by 4.2% during the 3rd quarter. Rosenberg Matthew Hamilton now owns 4,031 shares of the utilities provider's stock worth $337,000 after acquiring an additional 163 shares during the period. 89.65% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Sempra

In other news, VP Trevor I. Mihalik sold 23,713 shares of the firm's stock in a transaction that occurred on Wednesday, November 20th. The shares were sold at an average price of $93.09, for a total transaction of $2,207,443.17. Following the completion of the sale, the vice president now owns 11,190 shares of the company's stock, valued at approximately $1,041,677.10. This trade represents a 67.94 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Alexander Lisa Larroque sold 2,755 shares of the firm's stock in a transaction that occurred on Tuesday, February 11th. The stock was sold at an average price of $81.93, for a total transaction of $225,717.15. Following the sale, the senior vice president now directly owns 13,905 shares of the company's stock, valued at $1,139,236.65. The trade was a 16.54 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 76,205 shares of company stock valued at $6,558,347 over the last 90 days. 0.24% of the stock is owned by corporate insiders.

Sempra Stock Up 0.2 %

NYSE:SRE traded up $0.17 during trading hours on Tuesday, hitting $84.27. The stock had a trading volume of 1,024,604 shares, compared to its average volume of 4,265,072. The company has a current ratio of 0.52, a quick ratio of 0.47 and a debt-to-equity ratio of 0.89. Sempra has a 1-year low of $66.40 and a 1-year high of $95.77. The business has a 50 day simple moving average of $84.51 and a two-hundred day simple moving average of $84.72. The company has a market cap of $53.37 billion, a PE ratio of 18.56, a price-to-earnings-growth ratio of 2.09 and a beta of 0.78.

Wall Street Analysts Forecast Growth

SRE has been the topic of several recent analyst reports. Evercore ISI increased their price objective on shares of Sempra from $84.00 to $88.00 and gave the stock an "outperform" rating in a report on Thursday, November 7th. Jefferies Financial Group initiated coverage on shares of Sempra in a report on Thursday, October 24th. They set a "buy" rating and a $98.00 price objective on the stock. Wells Fargo & Company increased their price objective on shares of Sempra from $87.00 to $96.00 and gave the stock an "overweight" rating in a report on Thursday, November 7th. Barclays cut their price objective on shares of Sempra from $99.00 to $95.00 and set an "overweight" rating on the stock in a report on Monday, January 27th. Finally, Morgan Stanley upgraded shares of Sempra from an "equal weight" rating to an "overweight" rating and increased their price objective for the stock from $85.00 to $98.00 in a report on Friday, December 13th. One equities research analyst has rated the stock with a sell rating and ten have issued a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $91.20.

Sempra Profile

Sempra operates as an energy infrastructure company in the United States and internationally. It operates through three segments: Sempra California, Sempra Texas Utilities, and Sempra Infrastructure. The Sempra California segment provides electric services; and natural gas services to San Diego County.