Wilmington Savings Fund Society FSB Acquires 205 Shares of Sempra (NYSE:SRE)

Wilmington Savings Fund Society FSB raised its holdings in shares of Sempra (NYSE:SRE) by 4.5% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,753 shares of the utilities provider’s stock after purchasing an additional 205 shares during the period. Wilmington Savings Fund Society FSB’s holdings in Sempra were worth $417,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in SRE. Crews Bank & Trust purchased a new position in Sempra during the fourth quarter valued at $26,000. Eastern Bank bought a new position in Sempra in the 3rd quarter worth about $28,000. Hollencrest Capital Management boosted its stake in Sempra by 250.0% in the 3rd quarter. Hollencrest Capital Management now owns 378 shares of the utilities provider’s stock worth $32,000 after purchasing an additional 270 shares in the last quarter. ST Germain D J Co. Inc. boosted its stake in Sempra by 225.6% in the 4th quarter. ST Germain D J Co. Inc. now owns 433 shares of the utilities provider’s stock worth $38,000 after purchasing an additional 300 shares in the last quarter. Finally, LRI Investments LLC boosted its stake in Sempra by 180.4% in the 3rd quarter. LRI Investments LLC now owns 443 shares of the utilities provider’s stock worth $40,000 after purchasing an additional 285 shares in the last quarter. Hedge funds and other institutional investors own 89.65% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the stock. Wells Fargo & Company upped their price target on shares of Sempra from $87.00 to $96.00 and gave the stock an “overweight” rating in a research note on Thursday, November 7th. Jefferies Financial Group started coverage on Sempra in a research note on Thursday, October 24th. They set a “buy” rating and a $98.00 target price on the stock. Barclays decreased their price target on Sempra from $99.00 to $95.00 and set an “overweight” rating for the company in a research note on Monday, January 27th. Evercore ISI increased their price objective on Sempra from $84.00 to $88.00 and gave the company an “outperform” rating in a research report on Thursday, November 7th. Finally, BMO Capital Markets lifted their price objective on Sempra from $93.00 to $96.00 and gave the stock an “outperform” rating in a report on Monday, October 21st. One equities research analyst has rated the stock with a sell rating and ten have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $91.20.

Insider Transactions at Sempra

In other Sempra news, SVP Alexander Lisa Larroque sold 2,755 shares of the business’s stock in a transaction dated 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 approximately $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 the SEC website. Also, CEO Jeffrey W. Martin sold 49,737 shares of the business’s stock in a transaction dated Thursday, January 30th. The shares were sold at an average price of $82.94, for a total value of $4,125,186.78. Following the sale, the chief executive officer now directly owns 2 shares of the company’s stock, valued at $165.88. This represents a 100.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 76,205 shares of company stock worth $6,558,347 in the last quarter. Company insiders own 0.24% of the company’s stock.

Sempra Stock Up 1.4 %

Sempra stock opened at $83.40 on Wednesday. The stock has a market cap of $52.82 billion, a PE ratio of 18.37, a price-to-earnings-growth ratio of 2.09 and a beta of 0.78. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.47 and a current ratio of 0.52. Sempra has a one year low of $66.40 and a one year high of $95.77. The stock has a fifty day moving average of $85.20 and a 200 day moving average of $84.58.

Sempra 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.