Short Interest Change: Can Sempra Energy (NYSE:SRE)’s Tomorrow be Different? The Stock Had Increase in Shorts

November 16, 2016 - By Ellis Scott   ·   0 Comments

Short Interest Change: Can Sempra Energy (NYSE:SRE)’s Tomorrow be Different? The Stock Had Increase in Shorts

The stock of Sempra Energy (NYSE:SRE) registered an increase of 3.5% in short interest. SRE’s total short interest was 4.23M shares in November as published by FINRA. Its up 3.5% from 4.09 million shares, reported previously. With 1.39 million shares average volume, it will take short sellers 3 days to cover their SRE’s short positions. The short interest to Sempra Energy’s float is 1.69%. About 954,254 shares traded hands. Sempra Energy (NYSE:SRE) has declined 6.60% since April 14, 2016 and is downtrending. It has underperformed by 11.29% the S&P500.

Sempra Energy is a holding company. The Company’s principal operating units are San Diego Gas & Electric Company and Southern California Gas Company (SoCalGas); Sempra International, which includes Sempra South American Utilities and Sempra Mexico divisions, and Sempra U.S. The company has a market cap of $24.61 billion. Gas & Power, which includes Sempra Renewables and Sempra Natural Gas divisions. It has a 17.9 P/E ratio. Sempra Mexico segment owns and operates a natural gas-fired power plant and interests in a wind generation facility in Baja California, Mexico; natural gas distribution systems in Mexicali, Chihuahua, and the La Laguna-Durango zone in north-central Mexico; natural gas pipelines between the United States border and Baja California, Mexico and Sonora, Mexico, and the Energia Costa Azul LNG regasification terminal located in Baja California, Mexico.

Insitutional Activity: The institutional sentiment decreased to 1.05 in Q2 2016. Its down 0.05, from 1.1 in 2016Q1. The ratio dived, as 44 funds sold all Sempra Energy shares owned while 179 reduced positions. 52 funds bought stakes while 183 increased positions. They now own 195.51 million shares or 1.76% less from 199.01 million shares in 2016Q1.
Royal London Asset Mngmt holds 0.16% of its portfolio in Sempra Energy (NYSE:SRE) for 84,858 shares. Capital Intll Ltd Ca accumulated 0.7% or 84,400 shares. Advisory Networks Llc accumulated 0.02% or 824 shares. Loomis Sayles And Com L P holds 0.04% or 127,201 shares in its portfolio. Secor Cap Advisors L P holds 0.24% or 16,364 shares in its portfolio. Huff W R Asset Management De last reported 16,995 shares in the company. Ing Groep Nv holds 0% of its portfolio in Sempra Energy (NYSE:SRE) for 2,906 shares. Macquarie Grp Limited has 0.25% invested in the company for 1.14M shares. The Ohio-based Strs Ohio has invested 0.44% in Sempra Energy (NYSE:SRE). Automobile Association last reported 0.03% of its portfolio in the stock. Advantus Capital has 32,312 shares for 0.1% of their US portfolio. Moreover, Gradient Invests Lc has 0.09% invested in Sempra Energy (NYSE:SRE) for 6,992 shares. Huber Cap Mngmt Limited Company has 15,200 shares for 0.07% of their US portfolio. Cap Innovations Ltd, a Wisconsin-based fund reported 1,910 shares. Ncm Cap Advisers holds 0.02% of its portfolio in Sempra Energy (NYSE:SRE) for 73 shares.

Insider Transactions: Since June 9, 2016, the stock had 0 buys, and 3 insider sales for $2.24 million net activity. Shares for $604,721 were sold by MIHALIK TREVOR I on Wednesday, August 10. 10,000 shares were sold by JONES WILLIAM D /CA/, worth $1.10M on Thursday, June 9. The insider RUTLEDGE WILLIAM P sold $536,000.

Sempra Energy (NYSE:SRE) Ratings Coverage

Out of 2 analysts covering Sempra Energy (NYSE:SRE), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Sempra Energy has been the topic of 4 analyst reports since September 15, 2015 according to StockzIntelligence Inc. The company was maintained on Monday, January 25 by RBC Capital Markets.

SRE Company Profile

Sempra Energy, incorporated on October 11, 1996, is a holding company. The Company’s principal operating units are San Diego Gas & Electric Company (SDG&E) and Southern California Gas Company (SoCalGas); Sempra International, which includes Sempra South American Utilities and Sempra Mexico divisions, and Sempra U.S. Gas & Power, which includes Sempra Renewables and Sempra Natural Gas divisions. Sempra Mexico segment owns and operates a natural gas-fired power plant and interests in a wind generation facility in Baja California, Mexico; natural gas distribution systems in Mexicali, Chihuahua, and the La Laguna-Durango zone in north-central Mexico; natural gas pipelines between the United States border and Baja California, Mexico and Sonora, Mexico, and the Energia Costa Azul LNG regasification terminal located in Baja California, Mexico. Sempra Mexico also owns interests in a joint venture with PEMEX (Petroleos Mexicanos, the Mexican state-owned oil company) that operates several natural gas pipelines and propane and ethane systems in Mexico.

More notable recent Sempra Energy (NYSE:SRE) news were published by: Fool.com which released: “Sempra Energy’s Bad News About Cameron LNG Trumped Decent Earnings Results” on November 07, 2016, also Wsj.com with their article: “Sempra Energy Profit Soars, but Revenue Misses Expectations” published on November 02, 2016, Prnewswire.com published: “Sempra Energy Reports Increased Third-Quarter Earnings” on November 02, 2016. More interesting news about Sempra Energy (NYSE:SRE) were released by: Reuters.com and their article: “Sempra Energy agreed to buy Peru pipeline stake -finance minister” published on November 03, 2016 as well as Prnewswire.com‘s news article titled: “Sempra Energy’s IEnova Unit Announces Full Exercise Of Over-Allotment Options” with publication date: October 18, 2016.

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By Ellis Scott


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