One Capital Management LLC lowered its stake in Sempra Energy (NYSE:SRE) by 9.7% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 2,805 shares of the utilities provider’s stock after selling 300 shares during the quarter. One Capital Management LLC’s holdings in Sempra Energy were worth $303,000 as of its most recent filing with the SEC.
Other hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. lifted its stake in shares of Sempra Energy by 5.0% during the 3rd quarter. Vanguard Group Inc. now owns 20,783,386 shares of the utilities provider’s stock worth $2,364,110,000 after purchasing an additional 997,607 shares during the period. Vanguard Group Inc lifted its stake in shares of Sempra Energy by 5.0% during the 3rd quarter. Vanguard Group Inc now owns 20,783,386 shares of the utilities provider’s stock worth $2,364,110,000 after purchasing an additional 997,607 shares during the period. Bank of New York Mellon Corp lifted its stake in shares of Sempra Energy by 1.5% during the 3rd quarter. Bank of New York Mellon Corp now owns 2,391,551 shares of the utilities provider’s stock worth $272,041,000 after purchasing an additional 35,552 shares during the period. Legal & General Group Plc lifted its stake in shares of Sempra Energy by 5.4% during the 3rd quarter. Legal & General Group Plc now owns 2,313,912 shares of the utilities provider’s stock worth $263,172,000 after purchasing an additional 118,668 shares during the period. Finally, TIAA CREF Investment Management LLC lifted its stake in shares of Sempra Energy by 17.3% during the 3rd quarter. TIAA CREF Investment Management LLC now owns 1,910,201 shares of the utilities provider’s stock worth $217,285,000 after purchasing an additional 282,220 shares during the period. 94.33% of the stock is currently owned by hedge funds and other institutional investors.
In related news, VP Peter R. Wall sold 1,049 shares of the stock in a transaction on Thursday, January 24th. The stock was sold at an average price of $112.26, for a total value of $117,760.74. Following the completion of the sale, the vice president now directly owns 2,815 shares in the company, valued at approximately $316,011.90. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Lynn Schenk sold 5,000 shares of the stock in a transaction on Wednesday, January 2nd. The shares were sold at an average price of $107.09, for a total value of $535,450.00. Following the completion of the sale, the director now owns 11,306 shares of the company’s stock, valued at $1,210,759.54. The disclosure for this sale can be found here. Insiders sold a total of 17,649 shares of company stock worth $1,988,835 over the last ninety days. Corporate insiders own 0.16% of the company’s stock.
Shares of SRE opened at $114.95 on Tuesday. The company has a debt-to-equity ratio of 1.27, a quick ratio of 0.55 and a current ratio of 0.59. The firm has a market capitalization of $32.27 billion, a P/E ratio of 21.21, a PEG ratio of 2.39 and a beta of 0.51. Sempra Energy has a twelve month low of $100.49 and a twelve month high of $127.22.
The company also recently announced a quarterly dividend, which was paid on Tuesday, January 15th. Investors of record on Monday, December 31st were given a $0.895 dividend. This represents a $3.58 annualized dividend and a dividend yield of 3.11%. The ex-dividend date of this dividend was Friday, December 28th. Sempra Energy’s dividend payout ratio (DPR) is currently 66.05%.
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Sempra Energy Profile
Sempra Energy, together with its subsidiaries, invests in, develops, and operates energy infrastructure, as well as provides electric and gas services in the United States and internationally. The company's San Diego Gas & Electric Company segment engages in the generation, transmission, and distribution of electricity.
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