Alexander Lisa Larroque Sells 2,755 Shares of Sempra (NYSE:SRE) Stock

Sempra (NYSE:SRE) SVP Alexander Lisa Larroque sold 2,755 shares of the firm’s stock in a transaction on Tuesday, February 11th. The stock was sold at an average price of $81.93, for a total transaction of $225,717.15. Following the completion of 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

Sempra Price Performance

Shares of NYSE:SRE opened at $82.95 on Thursday. 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 $52.54 billion, a PE ratio of 18.27, a price-to-earnings-growth ratio of 2.09 and a beta of 0.78. The stock’s fifty day simple moving average is $85.03 and its two-hundred day simple moving average is $84.62. Sempra has a 1-year low of $66.40 and a 1-year high of $95.77.

Institutional Trading of Sempra

Several institutional investors and hedge funds have recently made changes to their positions in the company. Mather Group LLC. grew its position in Sempra by 35.5% in the 3rd quarter. Mather Group LLC. now owns 740 shares of the utilities provider’s stock worth $62,000 after purchasing an additional 194 shares in the last quarter. Livforsakringsbolaget Skandia Omsesidigt grew its holdings in shares of Sempra by 398.5% in the third quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 5,379 shares of the utilities provider’s stock valued at $452,000 after acquiring an additional 4,300 shares in the last quarter. Exchange Traded Concepts LLC increased its position in shares of Sempra by 5,017.6% during the third 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 during the last quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH lifted its holdings in Sempra by 8.5% during the third quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH now owns 751,531 shares of the utilities provider’s stock worth $62,851,000 after acquiring an additional 59,135 shares during the period. Finally, Procyon Advisors LLC lifted its holdings in Sempra by 10.5% during the third quarter. Procyon Advisors LLC now owns 56,819 shares of the utilities provider’s stock worth $4,752,000 after acquiring an additional 5,394 shares during the period. Hedge funds and other institutional investors own 89.65% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the stock. BMO Capital Markets increased their price objective on shares of Sempra from $93.00 to $96.00 and gave the stock an “outperform” rating in a research report on Monday, October 21st. Wells Fargo & Company increased their price target on Sempra from $87.00 to $96.00 and gave the stock an “overweight” rating in a report on Thursday, November 7th. Morgan Stanley upgraded Sempra from an “equal weight” rating to an “overweight” rating and boosted their price objective for the company from $85.00 to $98.00 in a report on Friday, December 13th. Evercore ISI upped their target price on Sempra from $84.00 to $88.00 and gave the stock an “outperform” rating in a research report on Thursday, November 7th. Finally, Jefferies Financial Group assumed coverage on shares of Sempra in a research report on Thursday, October 24th. They issued a “buy” rating and a $98.00 price target for the company. One analyst has rated the stock with a sell rating and ten have given a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $91.20.

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.