As Sempra Energy Com (SRE) Shares Declined, Shareholder Reaves W H & Company INC Increased Its Stake by $5.02 Million

June 27, 2018 - By Nicole Mills

Sempra Energy (NYSE:SRE) Corporate LogoDuring 2018 Q1 the big money sentiment decreased to 1. That’s change of 0.27, from 2017Q4’s 1.27. 54 investors sold all, 178 reduced holdings as SRE ratio is negative. 170 rose stakes while 63 funds amassed stakes. Funds hold 225.19 million shares thus 17.16% more from 2017Q4’s 192.21 million shares. Ls Investment Advisors Ltd Liability Corp accumulated 20,651 shs. 46 were reported by Jones Collombin Investment Counsel Inc. Kentucky Retirement Tru Fund has 0.13% invested in Sempra Energy (NYSE:SRE). Ohio-based Fifth Third Comml Bank has invested 0% in Sempra Energy (NYSE:SRE). Citigroup Inc stated it has 156,879 shs. Jane Street Grp Ltd Limited Liability Company holds 0.03% of its capital in Sempra Energy (NYSE:SRE) for 92,362 shs. Livforsakringsbolaget Skandia Omsesidigt stated it has 3,664 shs. Fil Limited reported 11,289 shs. Aqr Cap Mngmt Ltd Liability Co has invested 0.01% in Sempra Energy (NYSE:SRE). Pictet Asset Mgmt Ltd reported 550,541 shs. Bnp Paribas Arbitrage has 0% invested in Sempra Energy (NYSE:SRE). Manufacturers Life Insurance The holds 256,994 shs or 0.03% of its capital. Northwest Counselors Ltd Liability Co reported 1,970 shs. Dimensional Fund Limited Partnership has 0.02% invested in Sempra Energy (NYSE:SRE). New York-based Blackrock Inc has invested 0.11% in Sempra Energy (NYSE:SRE).

SRE had 3 sales and 0 buys since April 5, 2018. This’s net activity of $6.14 million. REED DEBRA L also sold $5.51M worth of Sempra Energy (NYSE:SRE) on Thursday, April 5. OUCHI WILLIAM G sold $201,006 worth of Sempra Energy (NYSE:SRE) on Wednesday, May 9.

According to 2018Q1 SEC filling the Reaves W H & Company Inc rose its stake in Sempra Energy Com (SRE) by 4.19%. The company’s stock sank 3.94% while Reaves W H & Company Inc bought 45,257 shares. At the end of 2018Q1, the 1.12 million shares of the natural gas distribution company held by the institutional investor were priced at $125.07 million, up from 1.08M at the end of the previous reported quarter. $30.69B is the market cap of Sempra Energy Com. The stock increased 0.39% or $0.45 during the last trading session, reaching $116.18.Sempra Energy has volume of 699,939 shares. Since June 27, 2017 SRE has declined 8.17% and is downtrending. SRE underperformed by 20.74% the S&P500.

According to a filing the Reaves W H & Company Inc’s stake in Hess Corporation (NYSE:HES) was reduced by 80,250 shares to 40,500 shares valued at $2.05M in 2018Q1. It manages about $3.03B and $2.83 billion US Long portfolio. For a total of 177,127 shares it reduced its holding in Eog Res Inc Com (NYSE:EOG) by 180,656 shares in the quarter, and has cut its stake in Nextera Energy Inc Com (NYSE:NEE).

For more Sempra Energy (NYSE:SRE) news released briefly go to: Benzinga.com, Seekingalpha.com, Seekingalpha.com, Seekingalpha.com or Seekingalpha.com. The titles are as follows: “Wells Fargo Downgrades Sempra Energy After Monday’s Spike On Activist Involvement” released on June 12, 2018, “California recommends increasing gas storage at Aliso Canyon” on June 19, 2018, “Sempra Energy picks Bechtel as EPC contractor for Port Arthur LNG project” with a publish date: June 22, 2018, “Sempra gas pipeline proposal nixed by California regulator” and the last “Bloomberg: Sempra Energy meets with activist investors to talk truce” with publication date: June 26, 2018.

Sempra Energy (NYSE:SRE) Ratings Coverage

In total 6 analysts cover Sempra Energy (NYSE:SRE). “Buy” rating has 3, “Sell” are 0, while 3 are “Hold”. (NYSE:SRE) has 50% bullish analysts. 10 are the (NYSE:SRE)’s ratings reports on 27 Jun 2018 according to StockzIntelligence Inc. On Tuesday, June 12 Bank of America maintained Sempra Energy (NYSE:SRE) rating. Bank of America has “Neutral” rating and $118 target. On Monday, May 21 the firm earned “Buy” rating by Argus Research. In Tuesday, May 8 report Bank of America maintained the stock with “Neutral” rating. In Wednesday, February 28 report Wells Fargo maintained the stock with “Outperform” rating. On Monday, June 11 the firm has “Hold” rating by Wells Fargo given. On Wednesday, January 3 Wells Fargo maintained Sempra Energy (NYSE:SRE) rating. Wells Fargo has “Buy” rating and $121.0 target. On Monday, June 4 the stock has “Neutral” rating by JP Morgan. In Tuesday, March 6 report JP Morgan maintained it with “Neutral” rating and $104 target. In Sunday, April 22 report Guggenheim maintained the stock with “Buy” rating.

Sempra Energy (NYSE:SRE) Institutional Investors Chart

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