Toronto Dominion Bank Has $10.81 Million Stake in Sempra Energy (SRE)

Toronto Dominion Bank lifted its holdings in shares of Sempra Energy (NYSE:SRE) by 11.7% in the third quarter, according to its most recent filing with the SEC. The firm owned 94,700 shares of the utilities provider’s stock after acquiring an additional 9,890 shares during the period. Toronto Dominion Bank’s holdings in Sempra Energy were worth $10,806,000 as of its most recent filing with the SEC.

Several other large investors have also added to or reduced their stakes in SRE. Bronfman E.L. Rothschild L.P. lifted its holdings in shares of Sempra Energy by 27.9% during the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 927 shares of the utilities provider’s stock worth $105,000 after acquiring an additional 202 shares during the period. Grove Bank & Trust lifted its holdings in shares of Sempra Energy by 38.3% during the 2nd quarter. Grove Bank & Trust now owns 1,033 shares of the utilities provider’s stock worth $116,000 after acquiring an additional 286 shares during the period. WESPAC Advisors SoCal LLC lifted its holdings in shares of Sempra Energy by 0.7% during the 2nd quarter. WESPAC Advisors SoCal LLC now owns 1,286 shares of the utilities provider’s stock worth $145,000 after acquiring an additional 9 shares during the period. Parallel Advisors LLC lifted its holdings in shares of Sempra Energy by 49.7% during the 2nd quarter. Parallel Advisors LLC now owns 1,314 shares of the utilities provider’s stock worth $148,000 after acquiring an additional 436 shares during the period. Finally, Financial Architects Inc lifted its holdings in shares of Sempra Energy by 14.3% during the 2nd quarter. Financial Architects Inc now owns 1,553 shares of the utilities provider’s stock worth $175,000 after acquiring an additional 194 shares during the period. 80.58% of the stock is owned by institutional investors.

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A number of equities analysts have recently commented on SRE shares. BidaskClub downgraded shares of Sempra Energy from a “hold” rating to a “sell” rating in a report on Monday, July 31st. Zacks Investment Research downgraded shares of Sempra Energy from a “buy” rating to a “hold” rating in a report on Tuesday, August 8th. Bank of America Corporation started coverage on shares of Sempra Energy in a report on Tuesday, October 24th. They set a “buy” rating and a $125.00 price objective for the company. J P Morgan Chase & Co raised their price objective on shares of Sempra Energy from $123.00 to $124.00 and gave the stock a “neutral” rating in a report on Wednesday, November 1st. Finally, Royal Bank Of Canada reaffirmed a “buy” rating and set a $117.00 price objective on shares of Sempra Energy in a report on Monday, July 24th. Four research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Sempra Energy has a consensus rating of “Buy” and a consensus price target of $124.56.

Shares of Sempra Energy (SRE) traded up $0.27 during trading on Wednesday, hitting $122.23. 1,513,800 shares of the company were exchanged, compared to its average volume of 1,106,673. The firm has a market cap of $30,631.39, a PE ratio of 22.59, a P/E/G ratio of 2.68 and a beta of 0.62. The company has a quick ratio of 0.36, a current ratio of 0.40 and a debt-to-equity ratio of 0.96. Sempra Energy has a 1-year low of $94.85 and a 1-year high of $122.62.

Sempra Energy (NYSE:SRE) last announced its earnings results on Monday, October 30th. The utilities provider reported $1.04 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.04. The business had revenue of $2.68 billion during the quarter, compared to analysts’ expectations of $2.64 billion. Sempra Energy had a net margin of 10.22% and a return on equity of 8.81%. The firm’s revenue for the quarter was up 5.7% on a year-over-year basis. During the same quarter last year, the company posted $1.02 EPS. equities analysts predict that Sempra Energy will post 5.24 EPS for the current year.

About Sempra Energy

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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