Lester Murray Antman dba SimplyRich Has $1.21 Million Position in Sempra (NYSE:SRE)

Lester Murray Antman dba SimplyRich boosted its holdings in shares of Sempra (NYSE:SRE) by 1.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 13,772 shares of the utilities provider’s stock after buying an additional 252 shares during the period. Lester Murray Antman dba SimplyRich’s holdings in Sempra were worth $1,208,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Exchange Traded Concepts LLC lifted its position in Sempra by 5,017.6% in the 3rd quarter. Exchange Traded Concepts LLC now owns 10,184 shares of the utilities provider’s stock valued at $852,000 after acquiring an additional 9,985 shares in the last quarter. CX Institutional raised its stake in shares of Sempra by 5.5% in the third quarter. CX Institutional now owns 3,083 shares of the utilities provider’s stock worth $258,000 after purchasing an additional 161 shares during the last quarter. Creative Planning lifted its holdings in shares of Sempra by 0.4% in the third quarter. Creative Planning now owns 79,062 shares of the utilities provider’s stock valued at $6,612,000 after purchasing an additional 336 shares in the last quarter. Iams Wealth Management LLC boosted its position in shares of Sempra by 9.5% during the third quarter. Iams Wealth Management LLC now owns 9,481 shares of the utilities provider’s stock valued at $793,000 after buying an additional 822 shares during the last quarter. Finally, SeaCrest Wealth Management LLC grew its holdings in Sempra by 4.9% during the third quarter. SeaCrest Wealth Management LLC now owns 3,980 shares of the utilities provider’s stock worth $333,000 after buying an additional 186 shares in the last quarter. 89.65% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Sempra news, SVP Alexander Lisa Larroque sold 2,755 shares of the business’s stock in a transaction on Tuesday, February 11th. The shares were sold at an average price of $81.93, for a total transaction 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 position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Jeffrey W. Martin sold 49,737 shares of the firm’s stock in a transaction on Thursday, January 30th. The stock was sold at an average price of $82.94, for a total value of $4,125,186.78. Following the completion of the transaction, the chief executive officer now directly owns 2 shares of the company’s stock, valued at $165.88. The trade was a 100.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 76,205 shares of company stock valued at $6,558,347. 0.24% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. Barclays dropped their price objective on Sempra from $99.00 to $95.00 and set an “overweight” rating on the stock in a research note on Monday, January 27th. Wells Fargo & Company raised their price target 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. Morgan Stanley raised shares of Sempra from an “equal weight” rating to an “overweight” rating and upped their price objective for the stock from $85.00 to $98.00 in a research report on Friday, December 13th. Jefferies Financial Group initiated coverage on shares of Sempra in a research report on Thursday, October 24th. They set a “buy” rating and a $98.00 target price on the stock. Finally, BMO Capital Markets upped their target price on Sempra from $93.00 to $96.00 and gave the company an “outperform” rating in a report on Monday, October 21st. One investment analyst has rated the stock with a sell rating and ten have issued a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $91.20.

Sempra Stock Performance

Shares of SRE opened at $83.40 on Wednesday. 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 current ratio of 0.52 and a quick ratio of 0.47. The stock’s fifty day moving average price is $85.20 and its two-hundred day moving average price is $84.58. The firm has a market cap of $52.82 billion, a PE ratio of 18.37, a PEG ratio of 2.09 and a beta of 0.78.

About Sempra

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.