3 days Ago By ABMN Staff
Acadian Asset Management LLC increased its stake in shares of Sempra ( NYSE:SRE – Free Report ) by 739.7% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,182 shares of the utilities provider’s stock after purchasing an additional 13,374 shares during the quarter.
Acadian Asset Management LLC’s holdings in Sempra were worth $1,153,000 at the end of the most recent reporting period. A number of other institutional investors have also added to or reduced their stakes in SRE. Mosley Wealth Management increased its position in Sempra by 11.
2% in the 2nd quarter. Mosley Wealth Management now owns 6,251 shares of the utilities provider’s stock valued at $475,000 after acquiring an additional 629 shares during the period. Lake Street Advisors Group LLC increased its position in Sempra by 9.
3% in the 2nd quarter. Lake Street Advisors Group LLC now owns 4,233 shares of the utilities provider’s stock valued at $325,000 after acquiring an additional 359 shares during the period. Advisor OS LLC increased its position in Sempra by 54.
2% in the 2nd quarter. Advisor OS LLC now owns 10,000 shares of the utilities provider’s stock valued at $761,000 after acquiring an additional 3,514 shares during the period. Savant Capital LLC increased its position in Sempra by 18.
8% in the 2nd quarter. Savant Capital LLC now owns 6,069 shares of the utilities provider’s stock valued at $462,000 after acquiring an additional 961 shares during the period. Finally, Candriam S.
C.A. increased its position in Sempra by 3.
5% in the 2nd quarter. Candriam S.C.
A. now owns 88,150 shares of the utilities provider’s stock valued at $6,704,000 after acquiring an additional 2,987 shares during the period. 89.
65% of the stock is currently owned by institutional investors and hedge funds. Insider Buying and Selling at Sempra In other Sempra news, CAO Peter R. Wall sold 6,100 shares of the firm’s stock in a transaction on Tuesday, June 18th.
The shares were sold at an average price of $75.07, for a total value of $457,927.00.
Following the transaction, the chief accounting officer now directly owns 14,751 shares of the company’s stock, valued at $1,107,357.57. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link .
Insiders own 0.24% of the company’s stock. Analyst Upgrades and Downgrades Get Our Latest Report on Sempra Sempra Stock Up 1.
6 % Shares of NYSE SRE opened at $82.97 on Monday. The firm has a market cap of $52.
53 billion, a PE ratio of 18.38, a P/E/G ratio of 2.83 and a beta of 0.
75. Sempra has a 12-month low of $63.75 and a 12-month high of $84.
28. The company’s fifty day simple moving average is $79.69 and its 200 day simple moving average is $75.
51. The company has a quick ratio of 0.41, a current ratio of 0.
46 and a debt-to-equity ratio of 0.84. Sempra ( NYSE:SRE – Get Free Report ) last issued its earnings results on Tuesday, August 6th.
The utilities provider reported $0.89 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.92 by ($0.
03). The company had revenue of $3.01 billion for the quarter, compared to the consensus estimate of $3.
46 billion. Sempra had a return on equity of 8.58% and a net margin of 22.
31%. The firm’s revenue was down 9.7% compared to the same quarter last year.
During the same period in the prior year, the company earned $0.94 earnings per share. As a group, sell-side analysts forecast that Sempra will post 4.
79 earnings per share for the current fiscal year. Sempra Announces Dividend The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Thursday, September 26th will be paid a $0.
62 dividend. This represents a $2.48 dividend on an annualized basis and a dividend yield of 2.
99%. The ex-dividend date of this dividend is Thursday, September 26th. Sempra’s dividend payout ratio (DPR) is 54.
93%. Sempra Profile ( Free Report ) 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. Featured Articles Want to see what other hedge funds are holding SRE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sempra ( NYSE:SRE – Free Report ).
Receive News & Ratings for Sempra Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sempra and related companies with MarketBeat.com's FREE daily email newsletter ..
