Sempra (NYSE:SRE) Stock Holdings Trimmed by 44 Wealth Management LLC

44 Wealth Management LLC lessened its holdings in shares of Sempra (NYSE:SRE) by 6.0% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 16,332 shares of the utilities provider’s stock after selling 1,051 shares during the quarter. 44 Wealth Management LLC’s holdings in Sempra were worth $1,433,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Sequoia Financial Advisors LLC increased its stake in Sempra by 4.7% during the 3rd quarter. Sequoia Financial Advisors LLC now owns 7,020 shares of the utilities provider’s stock valued at $587,000 after buying an additional 312 shares during the period. Signaturefd LLC raised its position in shares of Sempra by 4.6% during the 3rd quarter. Signaturefd LLC now owns 7,029 shares of the utilities provider’s stock worth $588,000 after buying an additional 306 shares in the last quarter. Eastern Bank bought a new stake in shares of Sempra during the 3rd quarter worth about $28,000. Private Advisor Group LLC raised its position in shares of Sempra by 1.6% during the 3rd quarter. Private Advisor Group LLC now owns 8,742 shares of the utilities provider’s stock worth $731,000 after buying an additional 139 shares in the last quarter. Finally, International Assets Investment Management LLC raised its position in shares of Sempra by 8,093.4% during the 3rd quarter. International Assets Investment Management LLC now owns 52,520 shares of the utilities provider’s stock worth $4,392,000 after buying an additional 51,879 shares in the last quarter. Institutional investors own 89.65% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on SRE shares. Barclays dropped their price objective on Sempra from $99.00 to $95.00 and set an “overweight” rating on the stock in a research note on Monday, January 27th. Morgan Stanley raised Sempra from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $85.00 to $98.00 in a research note on Friday, December 13th. Wells Fargo & Company boosted their price objective on Sempra from $87.00 to $96.00 and gave the stock an “overweight” rating in a research note on Thursday, November 7th. Finally, Evercore ISI boosted their target price on shares of Sempra from $84.00 to $88.00 and gave the stock an “outperform” rating in a report on Thursday, November 7th. Ten equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus 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 company’s 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 transaction, the senior vice president now directly owns 13,905 shares of the company’s stock, valued at $1,139,236.65. This represents a 16.54 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 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 owns 2 shares in the company, valued at approximately $165.88. This trade represents a 100.00 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.24% of the company’s stock.

Sempra Stock Up 1.3 %

Sempra stock opened at $87.11 on Friday. The firm has a market cap of $55.18 billion, a PE ratio of 19.19, a P/E/G ratio of 2.19 and a beta of 0.78. 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 firm’s 50 day moving average price is $84.31 and its two-hundred day moving average price is $84.81. Sempra has a twelve month low of $66.40 and a twelve month high of $95.77.

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.