Sempra (NYSE:SRE) Shares Bought by Atria Wealth Solutions Inc.

Atria Wealth Solutions Inc. raised its stake in shares of Sempra (NYSE:SRE - Free Report) by 29.7% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 35,833 shares of the utilities provider's stock after buying an additional 8,208 shares during the period. Atria Wealth Solutions Inc.'s holdings in Sempra were worth $3,148,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of SRE. FMR LLC raised its holdings in shares of Sempra by 9.1% during the 3rd quarter. FMR LLC now owns 18,978,605 shares of the utilities provider's stock valued at $1,587,181,000 after purchasing an additional 1,582,653 shares in the last quarter. State Street Corp raised its holdings in Sempra by 4.9% in the 3rd quarter. State Street Corp now owns 32,940,620 shares of the utilities provider's stock worth $2,774,974,000 after acquiring an additional 1,539,026 shares during the period. National Bank of Canada FI raised its holdings in Sempra by 201.2% in the 3rd quarter. National Bank of Canada FI now owns 620,394 shares of the utilities provider's stock worth $51,882,000 after acquiring an additional 414,406 shares during the period. Unigestion Holding SA bought a new position in Sempra in the 3rd quarter worth $33,023,000. Finally, Bank of Montreal Can raised its holdings in Sempra by 38.3% in the 3rd quarter. Bank of Montreal Can now owns 1,420,045 shares of the utilities provider's stock worth $118,219,000 after acquiring an additional 393,277 shares during the period. Institutional investors and hedge funds own 89.65% of the company's stock.

Insiders Place Their Bets

In other Sempra news, CEO Jeffrey W. Martin sold 49,737 shares of the business's stock in a transaction dated Thursday, January 30th. The stock was sold at an average price of $82.94, for a total transaction of $4,125,186.78. Following the completion of the sale, the chief executive officer now directly owns 2 shares in the company, valued at $165.88. The trade was a 100.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, 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 transaction, the senior vice president now owns 13,905 shares of the company's stock, valued at approximately $1,139,236.65. This trade represents a 16.54 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.24% of the company's stock.

Analyst Upgrades and Downgrades

SRE has been the topic of several recent analyst reports. Evercore ISI lifted 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. Jefferies Financial Group started 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. Barclays dropped 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. Wells Fargo & Company lifted their target price on shares of Sempra from $87.00 to $96.00 and gave the company an "overweight" rating in a research report on Thursday, November 7th. Finally, Morgan Stanley upgraded shares of Sempra from an "equal weight" rating to an "overweight" rating and boosted their price target for the company from $85.00 to $98.00 in a research report on Friday, December 13th. Ten analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company currently has an average rating of "Buy" and a consensus price target of $91.20.

Sempra Stock Up 1.3 %

SRE traded up $1.10 during trading on Friday, hitting $87.11. 4,643,959 shares of the company's stock were exchanged, compared to its average volume of 4,261,902. The business's 50 day moving average is $84.36 and its two-hundred day moving average is $84.75. The stock has a market cap of $55.18 billion, a P/E ratio of 19.19, a PEG ratio of 2.17 and a beta of 0.78. 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 fifty-two week low of $66.40 and a fifty-two week high of $95.77.

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.