Sempra (NYSE:SRE) Shares Sold by Sanctuary Advisors LLC

Sanctuary Advisors LLC cut its stake in shares of Sempra (NYSE:SRE - Free Report) by 10.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 171,438 shares of the utilities provider's stock after selling 19,276 shares during the quarter. Sanctuary Advisors LLC's holdings in Sempra were worth $14,279,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. Private Advisor Group LLC lifted its holdings in shares of Sempra by 1.6% during the third quarter. Private Advisor Group LLC now owns 8,742 shares of the utilities provider's stock worth $731,000 after purchasing an additional 139 shares during the period. LVM Capital Management Ltd. MI lifted its holdings in Sempra by 2.4% in the fourth quarter. LVM Capital Management Ltd. MI now owns 6,677 shares of the utilities provider's stock valued at $586,000 after acquiring an additional 155 shares during the period. Kingsview Wealth Management LLC lifted its holdings in Sempra by 0.3% in the third quarter. Kingsview Wealth Management LLC now owns 46,518 shares of the utilities provider's stock valued at $3,890,000 after acquiring an additional 158 shares during the period. Rosenberg Matthew Hamilton lifted its holdings in Sempra by 4.2% in the third quarter. Rosenberg Matthew Hamilton now owns 4,031 shares of the utilities provider's stock valued at $337,000 after acquiring an additional 163 shares during the period. Finally, Greenwood Capital Associates LLC lifted its holdings in Sempra by 1.2% in the fourth quarter. Greenwood Capital Associates LLC now owns 14,079 shares of the utilities provider's stock valued at $1,235,000 after acquiring an additional 165 shares during the period. 89.65% of the stock is owned by institutional investors and hedge funds.

Sempra Price Performance

Sempra stock traded up $1.10 during midday trading on Friday, reaching $87.11. 4,643,959 shares of the company were exchanged, compared to its average volume of 4,261,902. The company has a market capitalization of $55.18 billion, a price-to-earnings ratio of 19.19, a P/E/G ratio of 2.17 and a beta of 0.78. The firm's 50-day simple moving average is $84.36 and its 200-day simple moving average is $84.75. Sempra has a 1 year low of $66.40 and a 1 year high of $95.77. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.47 and a current ratio of 0.52.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. Evercore ISI raised their target price on Sempra from $84.00 to $88.00 and gave the company an "outperform" rating in a report on Thursday, November 7th. Morgan Stanley raised Sempra from an "equal weight" rating to an "overweight" rating and raised their target price for the company from $85.00 to $98.00 in a report on Friday, December 13th. Barclays dropped their price target on Sempra from $99.00 to $95.00 and set an "overweight" rating for the company in a research report on Monday, January 27th. Jefferies Financial Group began coverage on Sempra in a research report on Thursday, October 24th. They issued a "buy" rating and a $98.00 price target for the company. Finally, Wells Fargo & Company raised their price target on Sempra from $87.00 to $96.00 and gave the company an "overweight" rating in a research report on Thursday, November 7th. Ten research analysts have rated the stock with a buy rating, According to data from MarketBeat, Sempra presently has an average rating of "Buy" and a consensus target price of $91.20.

Insider Buying and Selling

In other Sempra news, SVP Alexander Lisa Larroque sold 2,755 shares of Sempra stock in a transaction dated Tuesday, February 11th. The stock was sold at an average price of $81.93, for a total value of $225,717.15. Following the completion of the sale, the senior vice president now owns 13,905 shares in the company, valued at $1,139,236.65. The trade was a 16.54 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Jeffrey W. Martin sold 49,737 shares of Sempra stock in a transaction dated Thursday, January 30th. The shares were sold at an average price of $82.94, for a total value of $4,125,186.78. Following the completion of the sale, the chief executive officer now owns 2 shares of the company's stock, valued at $165.88. This trade represents a 100.00 % decrease in their position. The disclosure for this sale can be found here. 0.24% of the stock is currently owned by company insiders.

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.