Atria Investments Inc Has $3.82 Million Stock Holdings in Sempra (NYSE:SRE)

Atria Investments Inc decreased its holdings in shares of Sempra (NYSE:SRE - Free Report) by 9.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 43,581 shares of the utilities provider's stock after selling 4,405 shares during the period. Atria Investments Inc's holdings in Sempra were worth $3,823,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in SRE. Crews Bank & Trust bought a new stake in shares of Sempra during the 4th quarter valued at $26,000. Synergy Investment Management LLC bought a new stake in shares of Sempra during the 4th quarter valued at $29,000. Human Investing LLC bought a new stake in shares of Sempra during the 4th quarter valued at $31,000. Hollencrest Capital Management grew its holdings in shares of Sempra by 250.0% in the 3rd quarter. Hollencrest Capital Management now owns 378 shares of the utilities provider's stock valued at $32,000 after buying an additional 270 shares during the period. Finally, ST Germain D J Co. Inc. grew its holdings in shares of Sempra by 225.6% in the 4th quarter. ST Germain D J Co. Inc. now owns 433 shares of the utilities provider's stock valued at $38,000 after buying an additional 300 shares during the period. Institutional investors own 89.65% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the stock. The Goldman Sachs Group lowered shares of Sempra from a "buy" rating to a "neutral" rating and decreased their price target for the company from $99.00 to $76.00 in a report on Wednesday, February 26th. Wells Fargo & Company decreased their price target on shares of Sempra from $96.00 to $88.00 and set an "overweight" rating for the company in a report on Wednesday, February 26th. BMO Capital Markets reduced their target price on shares of Sempra from $92.00 to $78.00 and set an "outperform" rating for the company in a research note on Tuesday, March 4th. Guggenheim reduced their target price on shares of Sempra from $95.00 to $87.00 and set a "buy" rating for the company in a research note on Wednesday, February 26th. Finally, UBS Group lowered shares of Sempra from a "buy" rating to a "neutral" rating and reduced their target price for the stock from $95.00 to $78.00 in a research note on Wednesday, February 26th. Four equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat.com, Sempra currently has an average rating of "Moderate Buy" and an average price target of $81.50.

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Sempra Stock Down 0.6 %

Shares of Sempra stock traded down $0.39 during trading hours on Friday, reaching $69.23. 5,948,281 shares of the company's stock were exchanged, compared to its average volume of 5,561,125. The company has a 50 day moving average of $81.42 and a two-hundred day moving average of $84.42. Sempra has a fifty-two week low of $64.89 and a fifty-two week high of $95.77. The company has a current ratio of 0.52, a quick ratio of 0.47 and a debt-to-equity ratio of 0.89. The stock has a market cap of $45.10 billion, a P/E ratio of 15.25, a P/E/G ratio of 2.19 and a beta of 0.76.

Sempra (NYSE:SRE - Get Free Report) last posted its quarterly earnings data on Tuesday, February 25th. The utilities provider reported $1.50 EPS for the quarter, topping analysts' consensus estimates of $1.47 by $0.03. The company had revenue of $3.76 billion during the quarter, compared to the consensus estimate of $4.73 billion. Sempra had a net margin of 22.63% and a return on equity of 8.06%. The company's quarterly revenue was up 7.6% on a year-over-year basis. During the same period in the prior year, the business posted $1.13 EPS. On average, sell-side analysts forecast that Sempra will post 4.76 EPS for the current fiscal year.

Sempra Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Thursday, March 20th will be issued a $0.645 dividend. This represents a $2.58 dividend on an annualized basis and a dividend yield of 3.73%. This is a boost from Sempra's previous quarterly dividend of $0.62. The ex-dividend date is Thursday, March 20th. Sempra's dividend payout ratio is presently 58.37%.

Insider Activity

In related news, Director Cynthia J. Warner purchased 700 shares of the stock in a transaction on Thursday, March 6th. The shares were purchased at an average cost of $70.65 per share, with a total value of $49,455.00. Following the acquisition, the director now directly owns 8,759 shares in the company, valued at $618,823.35. The trade was a 8.69 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Jeffrey W. Martin sold 49,737 shares of the stock in a transaction dated Thursday, January 30th. The shares were sold at an average price of $82.94, for a total transaction of $4,125,186.78. Following the completion of the transaction, the chief executive officer now directly owns 2 shares in the company, valued at approximately $165.88. This represents a 100.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.24% of the stock is owned by 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.