Lester Murray Antman dba SimplyRich Purchases 252 Shares of Sempra (NYSE:SRE)

Lester Murray Antman dba SimplyRich increased its holdings in Sempra (NYSE:SRE) by 1.9% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 13,772 shares of the utilities provider’s stock after buying an additional 252 shares during the period. Lester Murray Antman dba SimplyRich’s holdings in Sempra were worth $1,208,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. Exchange Traded Concepts LLC raised its holdings in shares of Sempra by 5,017.6% in the 3rd quarter. Exchange Traded Concepts LLC now owns 10,184 shares of the utilities provider’s stock valued at $852,000 after acquiring an additional 9,985 shares in the last quarter. CX Institutional increased its position in shares of Sempra by 5.5% in the third quarter. CX Institutional now owns 3,083 shares of the utilities provider’s stock worth $258,000 after purchasing an additional 161 shares during the last quarter. Creative Planning raised its stake in Sempra by 0.4% in the third quarter. Creative Planning now owns 79,062 shares of the utilities provider’s stock valued at $6,612,000 after purchasing an additional 336 shares in the last quarter. Iams Wealth Management LLC lifted its position in Sempra by 9.5% during the third quarter. Iams Wealth Management LLC now owns 9,481 shares of the utilities provider’s stock valued at $793,000 after purchasing an additional 822 shares during the last quarter. Finally, SeaCrest Wealth Management LLC grew its stake in Sempra by 4.9% in the 3rd quarter. SeaCrest Wealth Management LLC now owns 3,980 shares of the utilities provider’s stock worth $333,000 after buying an additional 186 shares in the last quarter. Institutional investors own 89.65% of the company’s stock.

Insiders Place Their Bets

In other news, SVP Alexander Lisa Larroque sold 2,755 shares of Sempra stock in a transaction that occurred on 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 directly owns 13,905 shares in the company, valued at approximately $1,139,236.65. This trade represents a 16.54 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Jeffrey W. Martin sold 49,737 shares of the firm’s stock in a transaction on Thursday, January 30th. The stock was 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 of the company’s stock, valued at $165.88. The trade was a 100.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 76,205 shares of company stock valued at $6,558,347 in the last quarter. Insiders own 0.24% of the company’s stock.

Sempra Stock Up 1.4 %

Shares of Sempra stock opened at $83.40 on Wednesday. The company’s 50 day moving average price is $85.20 and its 200-day moving average price is $84.58. Sempra has a 52-week low of $66.40 and a 52-week high of $95.77. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.47 and a current ratio of 0.52. The stock has a market capitalization of $52.82 billion, a price-to-earnings ratio of 18.37, a P/E/G ratio of 2.09 and a beta of 0.78.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. Jefferies Financial Group assumed coverage on shares of Sempra in a research report on Thursday, October 24th. They set a “buy” rating and a $98.00 price objective on the stock. Barclays dropped their price target on Sempra from $99.00 to $95.00 and set an “overweight” rating for the company in a research note on Monday, January 27th. Evercore ISI upped their price objective on Sempra from $84.00 to $88.00 and gave the stock an “outperform” rating in a report on Thursday, November 7th. BMO Capital Markets boosted their target price on Sempra from $93.00 to $96.00 and gave the stock an “outperform” rating in a research report on Monday, October 21st. Finally, Morgan Stanley upgraded shares of Sempra from an “equal weight” rating to an “overweight” rating and increased their price target for the company from $85.00 to $98.00 in a research report on Friday, December 13th. One equities research analyst has rated the stock with a sell rating and ten have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Sempra presently 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.