Sempra (NYSE:SRE) SVP Alexander Lisa Larroque Sells 2,755 Shares

Sempra (NYSE:SRE) SVP Alexander Lisa Larroque sold 2,755 shares of the stock in a transaction dated Tuesday, February 11th. The shares were sold at an average price of $81.93, for a total value of $225,717.15. Following the completion of the transaction, the senior vice president now directly owns 13,905 shares in the company, valued at $1,139,236.65. This represents a 16.54 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

Sempra Price Performance

NYSE:SRE opened at $83.88 on Friday. The company has a quick ratio of 0.47, a current ratio of 0.52 and a debt-to-equity ratio of 0.89. Sempra has a 52 week low of $66.40 and a 52 week high of $95.77. The stock’s 50-day moving average price is $84.86 and its 200-day moving average price is $84.61. The stock has a market capitalization of $53.13 billion, a PE ratio of 18.48, a price-to-earnings-growth ratio of 2.09 and a beta of 0.78.

Hedge Funds Weigh In On Sempra

Hedge funds have recently bought and sold shares of the business. Crews Bank & Trust acquired a new position in shares of Sempra during the 4th quarter worth approximately $26,000. Prudent Man Investment Management Inc. purchased a new stake in Sempra in the 4th quarter worth $26,000. Meeder Asset Management Inc. purchased a new stake in Sempra in the 4th quarter worth $29,000. Synergy Investment Management LLC acquired a new position in Sempra during the fourth quarter worth $29,000. Finally, Eastern Bank purchased a new position in Sempra during the third quarter valued at $28,000. Hedge funds and other institutional investors own 89.65% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the company. Wells Fargo & Company upped their target price on Sempra from $87.00 to $96.00 and gave the company an “overweight” rating in a research report on Thursday, November 7th. Jefferies Financial Group initiated coverage on shares of Sempra in a report on Thursday, October 24th. They issued a “buy” rating and a $98.00 price objective on the stock. BMO Capital Markets raised their target price on shares of Sempra from $93.00 to $96.00 and gave the stock an “outperform” rating in a report on Monday, October 21st. Morgan Stanley raised shares of Sempra from an “equal weight” rating to an “overweight” rating and upped their price target for the company from $85.00 to $98.00 in a report on Friday, December 13th. Finally, Barclays reduced their price objective on Sempra from $99.00 to $95.00 and set an “overweight” rating for the company in a research note on Monday, January 27th. One analyst has rated the stock with a sell rating and ten have assigned a buy rating to the company. Based on data from MarketBeat.com, Sempra presently has an average rating of “Moderate Buy” and a consensus price target of $91.20.

About Sempra

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.