Sempra Energy (SRE) : Martin Currie Ltd reduced its stake in Sempra Energy by 3.13% during the most recent quarter end. The investment management company now holds a total of 196,224 shares of Sempra Energy which is valued at $20,994,006 after selling 6,338 shares in Sempra Energy , the firm said in a disclosure report filed with the SEC on Aug 15, 2016.Sempra Energy makes up approximately 1.95% of Martin Currie Ltd’s portfolio.
Other Hedge Funds, Including , Manufacturers Life Insurance Company The boosted its stake in SRE in the latest quarter, The investment management firm added 13,104 additional shares and now holds a total of 235,580 shares of Sempra Energy which is valued at $25,204,704. Sempra Energy makes up approx 0.04% of Manufacturers Life Insurance Company The’s portfolio.Wespac Advisors Socal boosted its stake in SRE in the latest quarter, The investment management firm added 9 additional shares and now holds a total of 1,250 shares of Sempra Energy which is valued at $133,738. Sempra Energy makes up approx 0.08% of Wespac Advisors Socal’s portfolio.Canada Pension Plan Investment Board reduced its stake in SRE by selling 252,902 shares or 95.95% in the most recent quarter. The Hedge Fund company now holds 10,674 shares of SRE which is valued at $1,142,011. Cornerstone Advisors Inc added SRE to its portfolio by purchasing 3,100 company shares during the most recent quarter which is valued at $331,669. Sempra Energy makes up approx 0.08% of Cornerstone Advisors Inc’s portfolio.
Sempra Energy closed down -0.93 points or -0.89% at $103.7 with 8,45,992 shares getting traded on Thursday. Post opening the session at $104.7, the shares hit an intraday low of $103.38 and an intraday high of $104.87 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.
On the company’s financial health, Sempra Energy reported $0.79 EPS for the quarter, missing the analyst consensus estimate by $ -0.18 based on the information available during the earnings call on Aug 4, 2016. Analyst had a consensus of $0.97. The company had revenue of $2156.00 million for the quarter, compared to analysts expectations of $2616.55 million. The company’s revenue was down -8.9 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.03 EPS.
Sempra Energy is a holding company. The Companys principal operating units are San Diego Gas & Electric Company (SDG&E) and Southern California Gas Company (SoCalGas); Sempra International which includes Sempra South American Utilities and Sempra Mexico segments and Sempra U.S. Gas & Power which includes Sempra Renewables and Sempra Natural Gas segments. Sempra Mexico segment includes the operating companies of the Companys subsidiary Infraestructura Energetica Nova S.A.B. de C.V. as well as certain holding companies and risk management activity. SoCalGas and SDG&E sell distribute and transport natural gas. The Company’s units distribute electricity. SoCalGas also provides natural gas storage services.