3,992 Shares in Sempra (NYSE:SRE) Acquired by G&S Capital LLC

G&S Capital LLC bought a new stake in Sempra (NYSE:SRE - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 3,992 shares of the utilities provider's stock, valued at approximately $350,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SRE. Unigestion Holding SA acquired a new stake in shares of Sempra in the third quarter valued at about $33,023,000. Geneos Wealth Management Inc. raised its holdings in Sempra by 633.4% during the 4th quarter. Geneos Wealth Management Inc. now owns 29,917 shares of the utilities provider's stock worth $2,624,000 after purchasing an additional 25,838 shares during the last quarter. JPMorgan Chase & Co. lifted its position in shares of Sempra by 8.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,428,132 shares of the utilities provider's stock worth $286,695,000 after purchasing an additional 278,183 shares during the period. PNC Financial Services Group Inc. boosted its stake in shares of Sempra by 1.9% in the 3rd quarter. PNC Financial Services Group Inc. now owns 357,107 shares of the utilities provider's stock valued at $29,865,000 after purchasing an additional 6,709 shares during the last quarter. Finally, Kovitz Investment Group Partners LLC bought a new stake in shares of Sempra in the 3rd quarter valued at $675,000. Institutional investors own 89.65% of the company's stock.

Insider Activity

In other news, SVP Alexander Lisa Larroque sold 2,755 shares of the business's stock in a transaction that occurred on Tuesday, February 11th. The shares were sold at an average price of $81.93, for a total value of $225,717.15. Following the sale, the senior vice president now owns 13,905 shares of the company's stock, valued at $1,139,236.65. The trade was a 16.54 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, VP Trevor I. Mihalik sold 23,713 shares of the business's stock in a transaction 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 sale, the vice president now directly owns 11,190 shares in the company, valued at $1,041,677.10. The trade was a 67.94 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 76,205 shares of company stock valued at $6,558,347 in the last ninety days. 0.24% of the stock is currently owned by insiders.

Sempra Stock Performance

Sempra stock traded up $0.33 during mid-day trading on Monday, reaching $84.19. 3,603,492 shares of the company's stock were exchanged, compared to its average volume of 4,681,857. The business's fifty day simple moving average is $84.61 and its 200 day simple moving average is $84.70. The company has a quick ratio of 0.47, a current ratio of 0.52 and a debt-to-equity ratio of 0.89. Sempra has a one year low of $66.40 and a one year high of $95.77. The firm has a market capitalization of $53.32 billion, a PE ratio of 18.54, a P/E/G ratio of 2.09 and a beta of 0.78.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the stock. Wells Fargo & Company boosted their target price on shares of Sempra from $87.00 to $96.00 and gave the company an "overweight" rating in a report on Thursday, November 7th. Morgan Stanley upgraded shares of Sempra from an "equal weight" rating to an "overweight" rating and boosted their target price for the company from $85.00 to $98.00 in a research report on Friday, December 13th. Jefferies Financial Group assumed coverage on Sempra in a report on Thursday, October 24th. They issued a "buy" rating and a $98.00 price target on the stock. Barclays reduced their price target on shares of Sempra from $99.00 to $95.00 and set an "overweight" rating for the company in a research report on Monday, January 27th. Finally, Evercore ISI upped their target price on shares of Sempra from $84.00 to $88.00 and gave the stock an "outperform" rating in a report on Thursday, November 7th. One equities research analyst has rated the stock with a sell rating and ten have given a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $91.20.

Sempra Company 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.