Dimensional Fund Advisors LP Acquires 731 Shares of Sempra Energy (SRE)

Dimensional Fund Advisors LP lifted its position in Sempra Energy (NYSE:SRE) by 0.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 414,671 shares of the utilities provider’s stock after buying an additional 731 shares during the quarter. Dimensional Fund Advisors LP owned approximately 0.17% of Sempra Energy worth $47,328,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in SRE. BT Investment Management Ltd purchased a new stake in shares of Sempra Energy in the second quarter worth about $85,559,000. Capital International Investors lifted its holdings in shares of Sempra Energy by 7.1% in the second quarter. Capital International Investors now owns 9,993,320 shares of the utilities provider’s stock worth $1,126,747,000 after buying an additional 661,199 shares in the last quarter. Janus Henderson Group PLC lifted its holdings in shares of Sempra Energy by 1,806.5% in the second quarter. Janus Henderson Group PLC now owns 605,659 shares of the utilities provider’s stock worth $68,288,000 after buying an additional 573,891 shares in the last quarter. Northern Trust Corp lifted its holdings in shares of Sempra Energy by 16.2% in the second quarter. Northern Trust Corp now owns 3,148,064 shares of the utilities provider’s stock worth $354,945,000 after buying an additional 439,359 shares in the last quarter. Finally, Vanguard Group Inc. lifted its holdings in shares of Sempra Energy by 2.5% in the second quarter. Vanguard Group Inc. now owns 17,796,341 shares of the utilities provider’s stock worth $2,006,537,000 after buying an additional 429,693 shares in the last quarter. 80.56% of the stock is currently owned by hedge funds and other institutional investors.

Sempra Energy (NYSE:SRE) opened at $108.45 on Friday. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.40 and a quick ratio of 0.36. The firm has a market cap of $27,230.00, a P/E ratio of 24.05, a P/E/G ratio of 2.16 and a beta of 0.62. Sempra Energy has a 52-week low of $99.71 and a 52-week high of $122.97.

Sempra Energy (NYSE:SRE) last posted its quarterly earnings data on Monday, October 30th. The utilities provider reported $1.04 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $1.04. The company had revenue of $2.68 billion for the quarter, compared to analysts’ expectations of $2.64 billion. Sempra Energy had a net margin of 10.22% and a return on equity of 8.81%. Sempra Energy’s revenue for the quarter was up 5.7% compared to the same quarter last year. During the same period in the prior year, the business earned $1.02 earnings per share. analysts anticipate that Sempra Energy will post 5.25 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, January 15th. Investors of record on Friday, December 29th will be given a $0.8225 dividend. This represents a $3.29 annualized dividend and a dividend yield of 3.03%. The ex-dividend date of this dividend is Thursday, December 28th. Sempra Energy’s dividend payout ratio (DPR) is 72.95%.

A number of equities research analysts have recently issued reports on the stock. Bank of America assumed coverage on shares of Sempra Energy in a report on Tuesday, October 24th. They issued a “buy” rating and a $125.00 price target on the stock. JPMorgan Chase & Co. increased their price target on shares of Sempra Energy from $123.00 to $124.00 and gave the stock a “neutral” rating in a report on Wednesday, November 1st. Wells Fargo & Co reissued a “buy” rating and issued a $121.00 price target (down from $130.00) on shares of Sempra Energy in a report on Wednesday. Goldman Sachs Group raised shares of Sempra Energy from a “neutral” rating to a “buy” rating and increased their price target for the stock from $117.00 to $129.00 in a report on Wednesday, October 11th. Finally, Royal Bank of Canada reissued a “buy” rating on shares of Sempra Energy in a report on Tuesday, November 7th. Five analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $122.33.

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About Sempra Energy

Sempra Energy is a holding company. The Company’s principal operating units are Sempra Utilities, which includes its San Diego Gas & Electric Company (SDG&E), Southern California Gas Company (SoCalGas) and Sempra South American Utilities segments, and Sempra Infrastructure, which includes its Sempra Mexico, Sempra Renewables and Sempra LNG & Midstream segments.

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Institutional Ownership by Quarter for Sempra Energy (NYSE:SRE)

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