Analysts See $1.01 EPS for Sempra Energy (SRE)

October 13, 2017 - By Vivian Currie

 Analysts See $1.01 EPS for Sempra Energy (SRE)
Investors sentiment increased to 1.01 in 2017 Q2. Its up 0.04, from 0.97 in 2017Q1. It improved, as 44 investors sold Sempra Energy shares while 177 reduced holdings. 55 funds opened positions while 169 raised stakes. 200.08 million shares or 0.33% more from 199.43 million shares in 2017Q1 were reported.
Chevy Chase Hldgs invested in 218,427 shares. Hexavest holds 0.01% or 9,950 shares in its portfolio. Lombard Odier Asset Mngmt (Switzerland) Sa accumulated 0.03% or 1,953 shares. Barclays Public invested 0.08% of its portfolio in Sempra Energy (NYSE:SRE). Retirement Sys Of Alabama reported 121,618 shares or 0.07% of all its holdings. 1.42 million were reported by Cohen & Steers. Crow Point Ptnrs Limited Liability Company, a Massachusetts-based fund reported 219,900 shares. Price T Rowe Associates Inc Md holds 0.05% of its portfolio in Sempra Energy (NYSE:SRE) for 2.28 million shares. Stifel Corp has invested 0.02% in Sempra Energy (NYSE:SRE). D E Shaw & Com Incorporated has 0.01% invested in Sempra Energy (NYSE:SRE) for 76,567 shares. Green Square Lc reported 4,304 shares. Amf Pensionsforsakring reported 95,724 shares. Texas Permanent School Fund, Texas-based fund reported 70,477 shares. Umb Natl Bank N A Mo reported 0.04% stake. 1832 Asset Management Limited Partnership invested 0% of its portfolio in Sempra Energy (NYSE:SRE).

Since May 23, 2017, it had 0 insider purchases, and 1 insider sale for $2.61 million activity.

Investors wait Sempra Energy (NYSE:SRE) to report on November, 1. its quarterly earnings Wall Street analysts expect $1.01 earnings per share, down $0.01 or 0.98 % from last year’s $1.02 same quarter earnings. This translates into $253.05M profit for SRE giving the stock a 28.49 P/E. This is assuming the current $1.01 EPS is accurate. Sempra Energy’s Wall Street analysts see -8.18 % negative EPS growth, taking into account the $1.10 EPS reproted in the previous quarter, About 1.24 million shares traded or 11.71% up from the average. Sempra Energy (NYSE:SRE) has risen 8.27% since October 14, 2016 and is uptrending. It has underperformed by 8.43% the S&P500.

Sempra Energy (NYSE:SRE) Ratings Coverage

Among 8 analysts covering Sempra Energy (NYSE:SRE), 5 have Buy rating, 0 Sell and 3 Hold. Therefore 63% are positive. Sempra Energy had 14 analyst reports since September 15, 2015 according to SRatingsIntel. RBC Capital Markets maintained the shares of SRE in report on Sunday, August 27 with “Buy” rating. The firm has “Buy” rating given on Sunday, October 1 by RBC Capital Markets. The stock of Sempra Energy (NYSE:SRE) has “Outperform” rating given on Tuesday, October 10 by Wells Fargo. The stock of Sempra Energy (NYSE:SRE) has “Outperform” rating given on Monday, January 25 by RBC Capital Markets. On Friday, August 4 the stock rating was maintained by BMO Capital Markets with “Hold”. The firm earned “Buy” rating on Wednesday, October 11 by Goldman Sachs. On Thursday, June 8 the stock rating was downgraded by Barclays Capital to “Equal-Weight”. RBC Capital Markets maintained Sempra Energy (NYSE:SRE) on Sunday, July 23 with “Buy” rating. The stock of Sempra Energy (NYSE:SRE) has “Hold” rating given on Thursday, May 11 by BMO Capital Markets. JP Morgan maintained the stock with “Neutral” rating in Thursday, October 12 report.

Sempra Energy is a holding company. The Company’s principal operating units are Sempra Utilities, which includes its San Diego Gas & Electric Company , Southern California Gas Company (SoCalGas) and Sempra South American Utilities divisions, and Sempra Infrastructure, which includes its Sempra Mexico, Sempra Renewables and Sempra LNG & Midstream divisions. The company has market cap of $28.84 billion. As of December 31, 2016, SDG&E’s service area covered 4,100 square miles. It has a 16.97 P/E ratio. Sempra South American Utilities operates Chilquinta Energia, which serves clients in the region of Valparaiso in central Chile.

More notable recent Sempra Energy (NYSE:SRE) news were published by: Nasdaq.com which released: “Sempra Energy (SRE) Ex-Dividend Date Scheduled for September 21, 2017” on September 20, 2017, also Prnewswire.com with their article: “Sempra Energy Named To Dow Jones Sustainability North America Index For 7th Year” published on September 13, 2017, Prnewswire.com published: “Sempra Energy To Hold Oct. 4 Conference Call For Oncor Transaction Update” on October 03, 2017. More interesting news about Sempra Energy (NYSE:SRE) were released by: Investorplace.com and their article: “Sempra Energy’s (SRE) Buy Rating Affirmed” published on October 05, 2017 as well as Streetinsider.com‘s news article titled: “Goldman Sachs Upgrades Sempra Energy (SRE) to Buy” with publication date: October 11, 2017.

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