Unigestion Holding SA Has $10.17 Million Stock Holdings in Sempra (NYSE:SRE)

Unigestion Holding SA trimmed its position in shares of Sempra (NYSE:SRE - Free Report) by 57.1% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 142,569 shares of the utilities provider's stock after selling 189,797 shares during the quarter. Unigestion Holding SA's holdings in Sempra were worth $10,169,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the business. JPMorgan Chase & Co. lifted its stake in Sempra by 8.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,428,132 shares of the utilities provider's stock valued at $286,695,000 after buying an additional 278,183 shares in the last quarter. Union Bancaire Privee UBP SA purchased a new stake in shares of Sempra in the fourth quarter valued at $29,880,000. Mediolanum International Funds Ltd purchased a new stake in shares of Sempra in the fourth quarter valued at $570,000. Tokio Marine Asset Management Co. Ltd. lifted its holdings in Sempra by 2.5% in the 4th quarter. Tokio Marine Asset Management Co. Ltd. now owns 16,232 shares of the utilities provider's stock valued at $1,424,000 after purchasing an additional 392 shares in the last quarter. Finally, Tritonpoint Wealth LLC purchased a new position in Sempra in the 4th quarter valued at about $615,000. Hedge funds and other institutional investors own 89.65% of the company's stock.

Sempra Stock Up 1.1%

Sempra stock traded up $0.87 during midday trading on Friday, hitting $76.82. The stock had a trading volume of 2,882,702 shares, compared to its average volume of 3,772,379. The company has a current ratio of 0.52, a quick ratio of 0.47 and a debt-to-equity ratio of 0.89. The stock has a market cap of $50.08 billion, a P/E ratio of 16.92, a P/E/G ratio of 2.19 and a beta of 0.64. Sempra has a 12 month low of $61.90 and a 12 month high of $95.77. The business has a fifty day moving average price of $73.73 and a 200 day moving average price of $79.11.

Sempra (NYSE:SRE - Get Free Report) last posted its earnings results on Thursday, May 8th. The utilities provider reported $1.44 EPS for the quarter, beating the consensus estimate of $1.32 by $0.12. The company had revenue of $3.80 billion during the quarter, compared to analyst estimates of $3.90 billion. Sempra had a return on equity of 8.06% and a net margin of 22.63%. The business's revenue was up 4.5% compared to the same quarter last year. During the same period in the prior year, the company earned $1.34 earnings per share. Research analysts predict that Sempra will post 4.76 EPS for the current year.

Sempra Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Thursday, June 26th will be paid a $0.645 dividend. The ex-dividend date of this dividend is Thursday, June 26th. This represents a $2.58 annualized dividend and a dividend yield of 3.36%. Sempra's payout ratio is 56.70%.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on SRE shares. Morgan Stanley set a $87.00 price objective on shares of Sempra and gave the company an "overweight" rating in a research note on Thursday, May 22nd. Jefferies Financial Group reduced their price target on Sempra from $77.00 to $75.00 and set a "hold" rating on the stock in a research note on Tuesday, April 15th. Guggenheim reduced their target price on Sempra from $95.00 to $87.00 and set a "buy" rating on the stock in a research report on Wednesday, February 26th. Wells Fargo & Company cut their price objective on Sempra from $88.00 to $85.00 and set an "overweight" rating on the stock in a report on Wednesday, March 26th. Finally, Mizuho cut their price objective on Sempra from $92.00 to $76.00 and set an "outperform" rating on the stock in a research report on Wednesday, February 26th. Six analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat, Sempra currently has a consensus rating of "Moderate Buy" and a consensus target price of $80.75.

Insider Transactions at Sempra

In related news, insider Diana L. Day sold 8,015 shares of the firm's stock in a transaction that occurred on Wednesday, May 14th. The shares were sold at an average price of $74.26, for a total transaction of $595,193.90. Following the completion of the sale, the insider now directly owns 16,969 shares in the company, valued at approximately $1,260,117.94. This trade represents a 32.08% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director James C. Yardley acquired 5,019 shares of Sempra stock in a transaction dated Wednesday, March 12th. The shares were bought at an average cost of $69.74 per share, with a total value of $350,025.06. Following the completion of the purchase, the director now owns 5,019 shares in the company, valued at approximately $350,025.06. This represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last quarter, insiders acquired 8,619 shares of company stock valued at $602,221. 0.27% of the stock is currently owned by corporate insiders.

Sempra Profile

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.