Sempra Energy (SRE) EPS Estimated At $1.11

October 2, 2018 - By Clifton Ray

Sempra Energy (NYSE:SRE) LogoInvestors sentiment increased to 1.16 in 2018 Q2. Its up 0.16, from 1 in 2018Q1. It increased, as 38 investors sold Sempra Energy shares while 173 reduced holdings. 67 funds opened positions while 177 raised stakes. 221.76 million shares or 1.52% less from 225.19 million shares in 2018Q1 were reported.
Gradient Invs Llc owns 7,827 shares or 0.05% of their US portfolio. 129,200 were accumulated by State Of New Jersey Common Pension Fund D. Hanson Mcclain holds 414 shares. Amer Grp Inc holds 0.04% or 89,558 shares in its portfolio. Commonwealth Natl Bank Of has invested 0.03% in Sempra Energy (NYSE:SRE). 366 are held by Synovus Fincl. Connecticut-based Aqr Cap Management Lc has invested 0.01% in Sempra Energy (NYSE:SRE). Citigroup reported 0.03% stake. Trust Department Mb Bankshares N A has 0% invested in Sempra Energy (NYSE:SRE) for 58 shares. Ontario Teachers Pension Plan Board invested in 0.1% or 60,790 shares. Cubist Systematic Strategies Ltd Limited Liability Company holds 0.06% or 9,449 shares in its portfolio. Wells Fargo & Mn holds 0.02% or 615,354 shares in its portfolio. Cushing Asset Management Ltd Partnership holds 0.05% of its portfolio in Sempra Energy (NYSE:SRE) for 15,000 shares. Daiwa Securities Group Incorporated owns 0.01% invested in Sempra Energy (NYSE:SRE) for 8,415 shares. M&R Mgmt Incorporated reported 0.07% of its portfolio in Sempra Energy (NYSE:SRE).

Since April 5, 2018, it had 0 insider purchases, and 1 sale for $201,006 activity. ROWLAND G JOYCE sold $433,530 worth of stock. OUCHI WILLIAM G had sold 1,918 shares worth $201,006.

Analysts expect Sempra Energy (NYSE:SRE) to report $1.11 EPS on October, 29.They anticipate $0.07 EPS change or 6.73 % from last quarter’s $1.04 EPS. SRE’s profit would be $303.54M giving it 25.64 P/E if the $1.11 EPS is correct. After having $1.35 EPS previously, Sempra Energy’s analysts see -17.78 % EPS growth. The stock increased 0.07% or $0.08 during the last trading session, reaching $113.83. About 1.80 million shares traded. Sempra Energy (NYSE:SRE) has declined 0.47% since October 2, 2017 and is downtrending. It has underperformed by 16.09% the S&P500.

Sempra Energy (NYSE:SRE) Ratings Coverage

Among 6 analysts covering Sempra Energy (NYSE:SRE), 3 have Buy rating, 0 Sell and 3 Hold. Therefore 50% are positive. Sempra Energy had 14 analyst reports since April 22, 2018 according to SRatingsIntel. Morgan Stanley maintained Sempra Energy (NYSE:SRE) on Tuesday, September 11 with “Equal-Weight” rating. Morgan Stanley maintained the stock with “Equal-Weight” rating in Friday, September 21 report. Bank of America maintained it with “Neutral” rating and $118 target in Tuesday, June 12 report. On Monday, August 20 the stock rating was upgraded by Wells Fargo to “Outperform”. As per Tuesday, May 8, the company rating was maintained by Bank of America. The stock of Sempra Energy (NYSE:SRE) earned “Buy” rating by Argus Research on Monday, May 21. The stock has “Neutral” rating by Bank of America on Wednesday, September 26. The rating was maintained by Bank of America on Tuesday, August 7 with “Neutral”. Morgan Stanley maintained it with “Equal-Weight” rating and $120 target in Friday, August 10 report. Guggenheim maintained the shares of SRE in report on Sunday, April 22 with “Buy” rating.

Sempra Energy, together with its subsidiaries, engages in energy business worldwide. The company has market cap of $31.13 billion. The company's San Diego Gas & Electric Company segment transmits and distributes electricity and/or natural gas. It currently has negative earnings. As of December 31, 2016, this segment had approximately 1.4 million electric meters and 878,000 natural gas meters.

More news for Sempra Energy (NYSE:SRE) were recently published by: 247Wallst.com, which released: “Sempra Energy Sells Solar Assets for $1.54 Billion” on September 21, 2018. Seekingalpha.com‘s article titled: “Sempra Energy reaches deal with Elliott, Bluescape” and published on September 18, 2018 is yet another important article.

Sempra Energy (NYSE:SRE) Institutional Positions Chart

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