Sempra (NYSE:SRE) SVP Alexander Lisa Larroque Sells 2,755 Shares

Sempra (NYSE:SRE) SVP Alexander Lisa Larroque sold 2,755 shares of the business’s stock in a transaction 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 completion of the sale, the senior vice president now directly owns 13,905 shares in the company, valued at $1,139,236.65. This trade represents a 16.54 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Sempra Stock Up 1.4 %

Sempra stock opened at $83.40 on Wednesday. The stock has a market cap of $52.82 billion, a PE ratio of 18.37, a price-to-earnings-growth ratio of 2.09 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. Sempra has a one year low of $66.40 and a one year high of $95.77. The stock has a fifty day moving average of $85.20 and a 200 day moving average of $84.58.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on SRE shares. Jefferies Financial Group started coverage on Sempra in a research note on Thursday, October 24th. They issued a “buy” rating and a $98.00 price target for the company. Barclays decreased 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. BMO Capital Markets boosted their price target on Sempra from $93.00 to $96.00 and gave the stock an “outperform” rating in a research note on Monday, October 21st. Wells Fargo & Company boosted their price target 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 price target on Sempra from $84.00 to $88.00 and gave the stock an “outperform” rating in a research note on Thursday, November 7th. One investment analyst has rated the stock with a sell rating and ten have issued a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $91.20.

Institutional Trading of Sempra

Hedge funds have recently bought and sold shares of the company. Lindbrook Capital LLC increased its position in Sempra by 5.4% in the fourth quarter. Lindbrook Capital LLC now owns 2,410 shares of the utilities provider’s stock worth $211,000 after buying an additional 124 shares in the last quarter. Pinnacle West Asset Management Inc. increased its position in Sempra by 5.1% in the fourth quarter. Pinnacle West Asset Management Inc. now owns 2,585 shares of the utilities provider’s stock worth $227,000 after buying an additional 125 shares in the last quarter. Private Advisor Group LLC increased its position in Sempra by 1.6% in the third 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. Avantax Planning Partners Inc. increased its position in Sempra by 2.0% in the fourth quarter. Avantax Planning Partners Inc. now owns 7,423 shares of the utilities provider’s stock worth $651,000 after buying an additional 147 shares in the last quarter. Finally, LVM Capital Management Ltd. MI increased its position in Sempra by 2.4% in the fourth quarter. LVM Capital Management Ltd. MI now owns 6,677 shares of the utilities provider’s stock worth $586,000 after buying an additional 155 shares in the last quarter. Hedge funds and other institutional investors own 89.65% of the company’s stock.

Sempra Company 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.