Sempra Energy (SRE) Given Consensus Recommendation of "Hold" by Brokerages

Marco Green
February 11, 2018

1607 Capital Partners Llc who had been investing in Sprott Focus Tr Inc for a number of months, seems to be bullish on the $185.05M market cap company. The stock increased 2.52% or $1.81 during the last trading session, reaching $73.68. The shares were bought at an average cost of $0.10 per share, for a total transaction of $13,500.00. Private Advisor Group LLC increased its position in Sempra Energy by 10.6% in the third quarter. It has outperformed by 60.42% the S&P500.

Pure Financial Advisors Inc increased its stake in Sempra Energy (SRE) by 47.51% based on its latest 2017Q3 regulatory filing with the SEC. Bank of America lowered shares of Sempra Energy from a "buy" rating to a "hold" rating and set a $112.00 price objective for the company.in a research note on Thursday, December 28th. The Bruni J V & Company holds 260,206 shares with $16.95M value, down from 267,717 last quarter. Parnassus Investments who had been investing in Sempra Energy for a number of months, seems to be bullish on the $29.52B market cap company. The stock increased 1.62% or $1.47 during the last trading session, reaching $92.23.

Sempra Energy (NYSE:SRE) insider David Hodge acquired 135,000 shares of the stock in a transaction on Tuesday, January 30th. It has underperformed by 8.43% the S&P500.

Analysts await HNI Corporation (NYSE:HNI) to report earnings on February, 14. Regentatlantic Limited Company holds 0.09% of its portfolio in Sempra Energy (NYSE:SRE) for 8,940 shares. New York State Common Retirement Fund now owns 542,500 shares of the utilities provider's stock worth $61,916,000 after acquiring an additional 17,800 shares in the last quarter.

Want to see what other hedge funds are holding SRE?

Deerfield Management Company, which manages about $4.41B and $2.22 billion US Long portfolio, upped its stake in Isis Pharmaceuticals Inc Del (Prn) by 3.50 million shares to 45.70 million shares, valued at $48.50 million in 2017Q3, according to the filing.

Among 9 analysts covering Nektar Therapeutics (NASDAQ:NKTR), 9 have Buy rating, 0 Sell and 0 Hold. Therefore 82% are positive. Inc. had 76 analyst reports since August 13, 2015 according to SRatingsIntel. Wells Fargo maintained Sempra Energy (NYSE:SRE) rating on Tuesday, October 10. The rating was initiated by Aegis Capital with "Buy" on Tuesday, November 8. On Monday, October 30 the stock rating was downgraded by SunTrust to "Hold". JP Morgan maintained the shares of SRE in report on Wednesday, November 1 with "Neutral" rating. The firm has "Outperform" rating given on Monday, January 25 by RBC Capital Markets. Rhumbline Advisers reported 440,326 shares stake. On Friday, August 25 the stock rating was maintained by Needham with "Hold".

Investors sentiment decreased to 1.4 in Q3 2017. Its up 0.18, from 1.01 in 2017Q2. It improved, as 28 investors sold SRE shares while 168 reduced holdings. The firm owned 42,241 shares of the utilities provider's stock after selling 1,838 shares during the quarter. Shell Asset reported 0.12% stake. Meyer Handelman accumulated 44,079 shares. Reaves W H And Company invested in 4.05% or 979,100 shares. After $-1.12 actual earnings per share reported by Loxo Oncology, Inc. for the previous quarter, Wall Street now forecasts 13.39% negative EPS growth. State Treasurer State of Michigan's holdings in Sempra Energy were worth $7,873,000 as of its most recent filing with the Securities and Exchange Commission (SEC). CIBC Asset Management Inc now owns 22,800 shares of the utilities provider's stock worth $2,602,000 after purchasing an additional 507 shares during the period. Monetary Mgmt Grp reported 200 shares. Victory Cap Management owns 573,805 shares or 0.15% of their USA portfolio. Moreover, Northwestern Mutual Wealth Management has 0% invested in Sempra Energy (NYSE:SRE) for 4,374 shares. 5,835 were reported by Horizon Limited Liability Company. It also reduced its holding in Spdr Dow Jones Ind (DIA) by 1,681 shares in the quarter, leaving it with 261,764 shares, and cut its stake in Spdr S&P Homebuild (XHB). Counselors holds 2,633 shares or 0.01% of its portfolio. Bank of America cut Sempra Energy from a "buy" rating to a "hold" rating and set a $112.00 price target for the company.in a research note on Thursday, December 28th. Therefore 48% are positive. Premier Oil PLC had 239 analyst reports since July 24, 2015 according to SRatingsIntel. Barrow Hanley Mewhinney And Strauss Ltd Llc has 0% invested in Sempra Energy (NYSE:SRE). The stock has "Buy" rating by RBC Capital Markets on Sunday, October 1.

Sempra Energy (SRE) opened at $106.11 on Friday. Wells Fargo & Co reiterated a "buy" rating and issued a $121.00 price objective (down from $130.00) on shares of Sempra Energy in a research report on Wednesday, January 3rd. The stock of Sempra Energy (NYSE:SRE) has "Buy" rating given on Sunday, November 5 by RBC Capital Markets. The rating was maintained by RBC Capital Markets with "Buy" on Sunday, July 23. Morgan Stanley maintained the shares of SRE in report on Thursday, August 10 with "Overweight" rating. The firm has "Equal-Weight" rating by Barclays Capital given on Thursday, June 8.

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