Reaves W H & Company INC Increased Stake in Sempra Energy Com (SRE) by $5.02 Million as Shares Declined

June 27, 2018 - By Arturo Altman

Sempra Energy (NYSE:SRE) Corporate LogoDuring Q1 2018 the big money sentiment decreased to 1. That’s change of 0.27, from 2017Q4’s 1.27. 54 investors sold all, 178 reduced holdings as SRE ratio fall. 170 increased positions while 63 funds took positions. Funds hold 225.19 million shares thus 17.16% more from 2017Q4’s 192.21 million shares. The Georgia-based Vident Invest Advisory Lc has invested 0.04% in Sempra Energy (NYSE:SRE). The Florida-based Eagle Asset Incorporated has invested 0.47% in Sempra Energy (NYSE:SRE). 35,587 were reported by Dnb Asset Mgmt As. Girard Partners Limited owns 1,892 shs. 108,238 were reported by Employees Retirement System Of Ohio. 11.70 million are held by State Street. Tompkins Fin Corp reported 0.02% of its capital in Sempra Energy (NYSE:SRE). Papp L Roy Associates stated it has 0.07% in Sempra Energy (NYSE:SRE). Mason Street Llc invested in 35,566 shs. Ubs Asset Americas accumulated 0% or 987,980 shs. Kentucky Retirement System accumulated 13,325 shs. Impax Asset Mngmt Limited Com holds 0.05% of its capital in Sempra Energy (NYSE:SRE) for 7,783 shs. Covington holds 0.26% of its capital in Sempra Energy (NYSE:SRE) for 35,344 shs. 532 were accumulated by Toth Fincl Advisory. 19,711 are held by Newfocus Group Incorporated Ltd Liability Corp.

SRE registered $6.14 million net activity with 0 buys and 3 selling transactions since April 5, 2018. On Thursday, April 5 $5.51 million worth of Sempra Energy (NYSE:SRE) was sold by REED DEBRA L. The insider ROWLAND G JOYCE sold 3,948 shs worth $433,530.

In Sempra Energy Com (SRE) was rose the stake held by Reaves W H & Company Inc. The reduction is 4.19% according to 2018Q1 SEC form. The company’s stock declined 3.94% with the market as Reaves W H & Company Inc bought 45,257 shares. The institutional investor is holding 1.12M shares, compared to the 1.08 million from the previous quarter. And the reported value of the natural gas distribution company is $125.07 million for the 2018Q1. Sempra Energy Com has $30.69 billion MC. SRE is hitting $116.18 during the last trading session, after increased 0.39%.Sempra Energy has volume of 699,939 shares. Since June 27, 2017 SRE has declined 8.17% and is downtrending. The stock underperformed the S&P500 by 20.74%.

Reaves W H & Company Inc manages about $3.03B and $2.83B US Long portfolio. According to a filing the fund reduced its stake in Targa Resources Corp (NYSE:TRGP) by 99,015 shares to 224,657 shares, valued at $9.89M in 2018Q1. For a total of 463,241 shares it reduced its holding in Zayo Group Hldgs Inc (NYSE:ZAYO) by 301,970 shares in the quarter, and has cut its stake in Transcanada Corp (NYSE:TRP).

For more Sempra Energy (NYSE:SRE) news released recently go to: Benzinga.com, Seekingalpha.com, Seekingalpha.com, Seekingalpha.com or Seekingalpha.com. The titles are as follows: “Wells Fargo Downgrades Sempra Energy After Monday’s Spike On Activist Involvement” released on June 12, 2018, “How Much Energy Infrastructure Does North America Still Need?” on June 27, 2018, “Sempra gas pipeline proposal nixed by California regulator” with a publish date: June 22, 2018, “Sempra Energy picks Bechtel as EPC contractor for Port Arthur LNG project” and the last “Bloomberg: Sempra Energy meets with activist investors to talk truce” with publication date: June 26, 2018.

Sempra Energy (NYSE:SRE) Ratings Coverage

In total 6 analysts cover Sempra Energy (NYSE:SRE). “Buy” rating has 3, “Sell” are 0, while 3 are “Hold”. 50% are bullish. 10 are the (NYSE:SRE)’s analyst reports since January 3, 2018 according to StockzIntelligence Inc. On Monday, May 21 the firm has “Buy” rating given by Argus Research. On Monday, June 4 the company was maintained by JP Morgan. On Tuesday, June 12 the stock of Sempra Energy (NYSE:SRE) earned “Neutral” rating by Bank of America. On Wednesday, January 3 Wells Fargo maintained Sempra Energy (NYSE:SRE) rating. Wells Fargo has “Buy” rating and $121.0 target. On Sunday, April 22 the rating was maintained by Guggenheim with “Buy”. The company rating was maintained by JP Morgan on Tuesday, March 6. On Monday, June 11 the stock of Sempra Energy (NYSE:SRE) has “Hold” rating given by Wells Fargo. On Wednesday, February 28 the firm earned “Outperform” rating by Wells Fargo. In Tuesday, May 8 report Bank of America maintained the stock with “Neutral” rating.

Sempra Energy (NYSE:SRE) Institutional Investors Chart

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