Chartist Inc. CA Has $413,000 Holdings in Sempra Energy (SRE)

Chartist Inc. CA raised its position in shares of Sempra Energy (NYSE:SRE) by 33.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,859 shares of the utilities provider’s stock after purchasing an additional 964 shares during the quarter. Sempra Energy accounts for about 0.2% of Chartist Inc. CA’s investment portfolio, making the stock its 23rd largest position. Chartist Inc. CA’s holdings in Sempra Energy were worth $413,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the business. MHI Funds LLC purchased a new position in shares of Sempra Energy in the fourth quarter worth $130,000. Front Row Advisors LLC purchased a new position in shares of Sempra Energy in the fourth quarter worth $130,000. Calton & Associates Inc. purchased a new position in shares of Sempra Energy in the fourth quarter worth $139,000. Fieldpoint Private Securities LLC purchased a new position in shares of Sempra Energy in the third quarter worth $153,000. Finally, Rocky Mountain Advisers LLC purchased a new position in shares of Sempra Energy in the third quarter worth $183,000. 73.76% of the stock is currently owned by institutional investors and hedge funds.

Several equities analysts have recently commented on the stock. UBS Group assumed coverage on shares of Sempra Energy in a report on Friday, February 2nd. They issued a “buy” rating and a $124.00 target price on the stock. Zacks Investment Research downgraded shares of Sempra Energy from a “hold” rating to a “strong sell” rating in a report on Saturday, January 20th. Wells Fargo & Co reissued a “buy” rating and issued a $121.00 target price (down previously from $130.00) on shares of Sempra Energy in a report on Wednesday, January 3rd. Bank of America downgraded shares of Sempra Energy from a “buy” rating to a “hold” rating and set a $112.00 target price on the stock. in a report on Thursday, December 28th. Finally, Royal Bank of Canada reissued a “buy” rating on shares of Sempra Energy in a report on Tuesday, November 7th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and six have given a buy rating to the stock. Sempra Energy has a consensus rating of “Hold” and an average price target of $121.89.

Shares of Sempra Energy (SRE) opened at $105.47 on Thursday. The stock has a market cap of $27,221.89, a price-to-earnings ratio of 19.78, a P/E/G ratio of 2.18 and a beta of 0.56. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.36 and a current ratio of 0.40. Sempra Energy has a 12 month low of $100.63 and a 12 month high of $122.97.

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Sempra Energy Profile

Sempra Energy is a holding company. The Company’s principal operating units are Sempra Utilities, which includes its San Diego Gas & Electric Company (SDG&E), Southern California Gas Company (SoCalGas) and Sempra South American Utilities segments, and Sempra Infrastructure, which includes its Sempra Mexico, Sempra Renewables and Sempra LNG & Midstream segments.

Institutional Ownership by Quarter for Sempra Energy (NYSE:SRE)

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