GW Henssler & Associates Ltd. Has $27.73 Million Holdings in Sempra (NYSE:SRE)

GW Henssler & Associates Ltd. increased its holdings in shares of Sempra (NYSE:SRE) by 0.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 331,526 shares of the utilities provider’s stock after acquiring an additional 351 shares during the quarter. Sempra comprises 1.6% of GW Henssler & Associates Ltd.’s portfolio, making the stock its 22nd biggest holding. GW Henssler & Associates Ltd. owned 0.05% of Sempra worth $27,725,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the business. Clearbridge Investments LLC increased its stake in shares of Sempra by 6.9% during the second quarter. Clearbridge Investments LLC now owns 13,452,912 shares of the utilities provider’s stock worth $1,023,228,000 after purchasing an additional 874,133 shares during the period. DekaBank Deutsche Girozentrale increased its position in Sempra by 2.1% during the 2nd quarter. DekaBank Deutsche Girozentrale now owns 2,404,573 shares of the utilities provider’s stock worth $182,158,000 after buying an additional 48,592 shares during the period. Dimensional Fund Advisors LP increased its position in Sempra by 19.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,757,553 shares of the utilities provider’s stock worth $133,679,000 after buying an additional 289,731 shares during the period. Hsbc Holdings PLC lifted its holdings in shares of Sempra by 1.6% during the second quarter. Hsbc Holdings PLC now owns 1,659,618 shares of the utilities provider’s stock worth $126,246,000 after buying an additional 26,862 shares in the last quarter. Finally, Zimmer Partners LP boosted its position in shares of Sempra by 96.9% in the first quarter. Zimmer Partners LP now owns 1,636,202 shares of the utilities provider’s stock valued at $117,528,000 after acquiring an additional 805,084 shares during the period. Institutional investors and hedge funds own 89.65% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on SRE. Evercore ISI lifted their price objective on shares of Sempra from $83.00 to $84.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 7th. Barclays lifted their price target on shares of Sempra from $87.00 to $89.00 and gave the company an “overweight” rating in a research report on Tuesday, October 1st. Morgan Stanley increased their price target on Sempra from $80.00 to $85.00 and gave the stock an “equal weight” rating in a research report on Wednesday, September 25th. BMO Capital Markets raised their price objective on Sempra from $93.00 to $96.00 and gave the stock an “outperform” rating in a research note on Monday, October 21st. Finally, Bank of America began coverage on Sempra in a research report on Thursday, September 12th. They set a “buy” rating and a $94.00 target price for the company. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and ten have given a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $87.55.

Sempra Price Performance

NYSE SRE traded down $1.49 during trading on Tuesday, hitting $83.68. 529,216 shares of the company’s stock were exchanged, compared to its average volume of 2,845,645. The company has a market cap of $52.98 billion, a PE ratio of 18.20, a P/E/G ratio of 2.69 and a beta of 0.75. The company has a current ratio of 0.46, a quick ratio of 0.41 and a debt-to-equity ratio of 0.84. Sempra has a fifty-two week low of $66.40 and a fifty-two week high of $86.57. The stock’s 50 day moving average price is $82.99 and its two-hundred day moving average price is $78.33.

Sempra (NYSE:SRE) last issued its earnings results on Tuesday, August 6th. The utilities provider reported $0.89 earnings per share for the quarter, missing analysts’ consensus estimates of $0.92 by ($0.03). The company had revenue of $3.01 billion during the quarter, compared to analyst estimates of $3.46 billion. Sempra had a net margin of 22.31% and a return on equity of 8.58%. The business’s quarterly revenue was down 9.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.94 EPS. Research analysts expect that Sempra will post 4.78 EPS for the current year.

Sempra Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Thursday, September 26th were given a $0.62 dividend. The ex-dividend date was Thursday, September 26th. This represents a $2.48 annualized dividend and a yield of 2.96%. Sempra’s dividend payout ratio is presently 52.99%.

About Sempra

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.