SG Americas Securities LLC Has $165,000 Stock Holdings in Sempra (NYSE:SRE)

SG Americas Securities LLC reduced its position in shares of Sempra (NYSE:SRE) by 86.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,877 shares of the utilities provider’s stock after selling 12,155 shares during the period. SG Americas Securities LLC’s holdings in Sempra were worth $165,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Wellington Management Group LLP boosted its stake in Sempra by 0.4% in the third quarter. Wellington Management Group LLP now owns 34,324,893 shares of the utilities provider’s stock valued at $2,870,591,000 after buying an additional 128,847 shares in the last quarter. State Street Corp boosted its stake in shares of Sempra by 4.9% in the 3rd quarter. State Street Corp now owns 32,940,620 shares of the utilities provider’s stock valued at $2,774,974,000 after purchasing an additional 1,539,026 shares in the last quarter. FMR LLC increased its position in Sempra by 9.1% during the 3rd quarter. FMR LLC now owns 18,978,605 shares of the utilities provider’s stock worth $1,587,181,000 after purchasing an additional 1,582,653 shares in the last quarter. Geode Capital Management LLC lifted its stake in Sempra by 1.2% in the 3rd quarter. Geode Capital Management LLC now owns 12,761,872 shares of the utilities provider’s stock valued at $1,063,007,000 after purchasing an additional 145,873 shares during the last quarter. Finally, Franklin Resources Inc. boosted its position in Sempra by 1.7% in the third quarter. Franklin Resources Inc. now owns 7,695,988 shares of the utilities provider’s stock valued at $639,921,000 after buying an additional 129,891 shares in the last quarter. 89.65% of the stock is currently owned by institutional investors.

Insider Transactions at Sempra

In other news, VP Trevor I. Mihalik sold 23,713 shares of Sempra stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of $93.09, for a total value of $2,207,443.17. Following the completion of the sale, the vice president now owns 11,190 shares in the company, valued at $1,041,677.10. The trade was a 67.94 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Jeffrey W. Martin sold 49,737 shares of the stock in a transaction on Thursday, January 30th. The stock was sold at an average price of $82.94, for a total transaction of $4,125,186.78. Following the transaction, the chief executive officer now directly owns 2 shares in the company, valued at approximately $165.88. This represents a 100.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.24% of the company’s stock.

Sempra Trading Down 0.2 %

SRE opened at $81.94 on Monday. The stock has a market cap of $51.90 billion, a PE ratio of 18.05, a price-to-earnings-growth ratio of 2.09 and a beta of 0.78. 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 twelve month low of $66.40 and a twelve month high of $95.77. The company has a fifty day moving average of $85.40 and a 200-day moving average of $84.52.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. Jefferies Financial Group assumed coverage on Sempra in a research note on Thursday, October 24th. They issued a “buy” rating and a $98.00 price target for the company. Barclays dropped their target price on Sempra from $99.00 to $95.00 and set an “overweight” rating for the company in a research report on Monday, January 27th. Wells Fargo & Company boosted 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. Evercore ISI raised their price objective on shares of Sempra from $84.00 to $88.00 and gave the company an “outperform” rating in a report on Thursday, November 7th. Finally, BMO Capital Markets boosted 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. One equities research analyst has rated the stock with a sell rating and ten have given a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price 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.