2 weeks Ago By Defense World Staff
Bokf Na raised its position in shares of Sempra ( NYSE:SRE – Free Report ) by 1,027.6% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,559 shares of the utilities provider’s stock after purchasing an additional 5,066 shares during the period.
Bokf Na’s holdings in Sempra were worth $423,000 as of its most recent SEC filing. Several other institutional investors have also made changes to their positions in the company. LPL Financial LLC lifted its stake in Sempra by 7.
3% in the second quarter. LPL Financial LLC now owns 504,363 shares of the utilities provider’s stock valued at $38,362,000 after acquiring an additional 34,457 shares during the last quarter. AGF Management Ltd.
boosted its holdings in Sempra by 8.1% in the second quarter. AGF Management Ltd.
now owns 69,752 shares of the utilities provider’s stock worth $5,305,000 after purchasing an additional 5,248 shares in the last quarter. Van Hulzen Asset Management LLC boosted its holdings in Sempra by 18.9% in the second quarter.
Van Hulzen Asset Management LLC now owns 3,806 shares of the utilities provider’s stock worth $289,000 after purchasing an additional 604 shares in the last quarter. Daiwa Securities Group Inc. raised its holdings in Sempra by 5.
5% during the second quarter. Daiwa Securities Group Inc. now owns 85,521 shares of the utilities provider’s stock valued at $6,505,000 after buying an additional 4,437 shares in the last quarter.
Finally, First Interstate Bank bought a new position in Sempra during the second quarter valued at about $204,000. 89.65% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets SRE has been the topic of a number of analyst reports. Bank of America initiated coverage on Sempra in a report on Thursday, September 12th. They set a “buy” rating and a $94.
00 price objective on the stock. LADENBURG THALM/SH SH dropped their price target on shares of Sempra from $81.50 to $79.
00 and set a “buy” rating on the stock in a research report on Wednesday, May 29th. BMO Capital Markets upped their price objective on shares of Sempra from $90.00 to $93.
00 and gave the stock an “outperform” rating in a report on Thursday, September 12th. Evercore ISI lifted their target price on shares of Sempra from $83.00 to $84.
00 and gave the stock an “outperform” rating in a report on Wednesday, August 7th. Finally, Morgan Stanley upped their price target on shares of Sempra from $77.00 to $80.
00 and gave the company an “equal weight” rating in a report on Friday, August 23rd. One research analyst has rated the stock with a sell rating, one has issued a hold rating and ten have assigned a buy rating to the company. According to MarketBeat.
com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $85.00. Sempra Stock Up 0.
8 % NYSE SRE opened at $83.60 on Tuesday. Sempra has a twelve month low of $63.
75 and a twelve month high of $84.29. The company has a debt-to-equity ratio of 0.
84, a quick ratio of 0.41 and a current ratio of 0.46.
The stock has a market cap of $52.93 billion, a PE ratio of 18.52, a PEG ratio of 2.
84 and a beta of 0.75. The firm has a 50-day simple moving average of $79.
86 and a 200 day simple moving average of $75.60. Sempra ( NYSE:SRE – Get Free Report ) last announced its quarterly earnings data on Tuesday, August 6th.
The utilities provider reported $0.89 earnings per share for the quarter, missing the consensus estimate of $0.92 by ($0.
03). The firm had revenue of $3.01 billion for the quarter, compared to analyst estimates of $3.
46 billion. Sempra had a return on equity of 8.58% and a net margin of 22.
31%. Sempra’s revenue for the quarter was down 9.7% compared to the same quarter last year.
During the same period in the previous year, the business posted $0.94 EPS. On average, research analysts forecast that Sempra will post 4.
79 EPS for the current year. Sempra Dividend Announcement The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 15th. Stockholders 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.
97%. The ex-dividend date of this dividend is Thursday, September 26th. Sempra’s dividend payout ratio is 54.
93%. About Sempra ( 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. See Also Five stocks we like better than Sempra What Are Growth Stocks and Investing in Them Palo Alto Analysts Drive it to New Highs: 50% Upside Is Possible Buy P&G Now, Before It Sets A New All-Time High Roblox’s Growth Beyond Kids: Stock Set for Major Moves How to Plot Fibonacci Price Inflection Levels 5 Oversold Stocks to Buy Right Now 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 ).
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