Sempra (NYSE:SRE) Shares Acquired by Catalyst Capital Advisors LLC

Catalyst Capital Advisors LLC lifted its holdings in shares of Sempra (NYSE:SRE) by 497.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,088 shares of the utilities provider’s stock after buying an additional 906 shares during the quarter. Catalyst Capital Advisors LLC’s holdings in Sempra were worth $95,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the business. Crews Bank & Trust acquired a new position in Sempra in the 4th quarter valued at $26,000. Eastern Bank purchased a new stake in Sempra in the 3rd quarter valued at $28,000. Hollencrest Capital Management grew its holdings in Sempra by 250.0% in the 3rd quarter. Hollencrest Capital Management now owns 378 shares of the utilities provider’s stock valued at $32,000 after buying an additional 270 shares in the last quarter. ST Germain D J Co. Inc. grew its holdings 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 valued at $38,000 after buying an additional 300 shares in the last quarter. Finally, LRI Investments LLC grew its holdings in shares of Sempra by 180.4% during 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 during the period. 89.65% of the stock is owned by institutional investors and hedge funds.

Sempra Price Performance

SRE opened at $84.59 on Wednesday. The company has a current ratio of 0.52, a quick ratio of 0.47 and a debt-to-equity ratio of 0.89. The firm has a market cap of $53.58 billion, a price-to-earnings ratio of 18.63, a PEG ratio of 2.09 and a beta of 0.78. The stock’s 50-day moving average price is $84.51 and its 200 day moving average price is $84.72. Sempra has a 12-month low of $66.40 and a 12-month high of $95.77.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. Jefferies Financial Group assumed coverage on Sempra in a report on Thursday, October 24th. They set a “buy” rating and a $98.00 price target for the company. Barclays lowered their price target on Sempra from $99.00 to $95.00 and set an “overweight” rating for the company in a report on Monday, January 27th. Morgan Stanley upgraded Sempra from an “equal weight” rating to an “overweight” rating and increased their price target for the stock from $85.00 to $98.00 in a report on Friday, December 13th. Wells Fargo & Company increased their price target on Sempra from $87.00 to $96.00 and gave the stock an “overweight” rating in a report on Thursday, November 7th. Finally, Evercore ISI increased their target price on Sempra from $84.00 to $88.00 and gave the stock an “outperform” rating in a research note on Thursday, November 7th. One equities research analyst has rated the stock with a sell rating and ten have assigned a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $91.20.

Insider Buying and Selling at Sempra

In other Sempra news, SVP Alexander Lisa Larroque sold 2,755 shares of the stock in a transaction dated Tuesday, February 11th. The stock was sold at an average price of $81.93, for a total value of $225,717.15. Following the sale, the senior vice president now owns 13,905 shares of the company’s stock, valued at $1,139,236.65. This trade represents a 16.54 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Jeffrey W. Martin sold 49,737 shares of the 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 completion of the sale, the chief executive officer now directly owns 2 shares in the company, valued at $165.88. This represents a 100.00 % decrease in their position. The disclosure for this sale can be found here. 0.24% of the stock is owned by corporate insiders.

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.