Stock of The Day: Sempra Energy (NYSE:SRE) Institutional Investor Positioning

November 25, 2016 - By Adrian Mccoy   ·   0 Comments

Stock of The Day: Sempra Energy (NYSE:SRE) Institutional Investor Positioning

Sentiment for Sempra Energy (NYSE:SRE)

Sempra Energy (NYSE:SRE) institutional sentiment decreased to 0.95 in 2016 Q2. Its down -0.10, from 1.05 in 2016Q1. The ratio dropped, as 235 funds opened new or increased equity positions, while 223 cut down and sold their stakes in Sempra Energy. The funds in our partner’s database now own: 195.51 million shares, down from 199.01 million shares in 2016Q1. Also, the number of funds holding Sempra Energy in their top 10 equity positions decreased from 12 to 9 for a decrease of 3. Sold All: 44 Reduced: 179 Increased: 183 New Position: 52.

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 $24.50 billion. Gas & Power, which includes Sempra Renewables and Sempra Natural Gas divisions. It has a 18.35 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.

The stock increased 0.79% or $0.78 during the last trading session, hitting $99.46. About 425,598 shares traded hands. Sempra Energy (NYSE:SRE) has declined 2.43% since April 22, 2016 and is downtrending. It has underperformed by 7.84% the S&P500.

Analysts await Sempra Energy (NYSE:SRE) to report earnings on February, 24. They expect $1.56 earnings per share, up 6.12% or $0.09 from last year’s $1.47 per share. SRE’s profit will be $384.28 million for 15.94 P/E if the $1.56 EPS becomes a reality. After $1.02 actual earnings per share reported by Sempra Energy for the previous quarter, Wall Street now forecasts 52.94% EPS growth.

According to Zacks Investment Research, “Sempra Energy is an energy services holding company. Through its eight principal subsidiaries — Southern California Gas Company, San Diego Gas & Electric, Sempra Energy Solutions, Sempra Energy Trading, Sempra Energy International, Sempra Energy Resources, Sempra Communications and Sempra Energy Financial — Sempra Energy serves customers in the United States, Europe, Canada, Mexico, South America and Asia. (Company Press Release)”

Rare Infrastructure Ltd holds 15.39% of its portfolio in Sempra Energy for 3.01 million shares. Longbow Capital Partners L.P. owns 5,555 shares or 14.1% of their US portfolio. Moreover, American Trust Investment Advisors Llc has 4.82% invested in the company for 41,100 shares. The New Jersey-based Reaves W H & Co Inc has invested 4.28% in the stock. Partners Group Holding Ag, a Switzerland-based fund reported 159,300 shares.#img1#

Insider Transactions: Since January 1, 0001, the stock had 0 insider purchases, and 3 selling transactions for $2.24 million net activity.

Sempra Energy (NYSE:SRE) Ratings Coverage

Ratings analysis reveals 100% of Sempra Energy’s analysts are positive. Out of 2 Wall Street analysts rating Sempra Energy, 2 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $108 while the high is $116. The stock’s average target of $112.25 is 12.86% above today’s ($99.46) share price. SRE was included in 4 notes of analysts from September 15, 2015. The rating was maintained by RBC Capital Markets with “Outperform” on Monday, January 25.

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: Wsj.com which released: “Sempra Energy Profit Soars, but Revenue Misses Expectations” on November 02, 2016, also Fool.com with their article: “Sempra Energy’s Bad News About Cameron LNG Trumped Decent Earnings Results” published on November 07, 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 quits talks on Odebrecht Peru pipeline, partners scramble” published on November 23, 2016 as well as Reuters.com‘s news article titled: “Sempra Energy agreed to buy Peru pipeline stake -finance minister” with publication date: November 03, 2016.

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By Adrian Mccoy

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