Advisory Services Network buys $231,806 stake in Sempra Energy (SRE)

Sempra Energy (SRE) : Advisory Services Network scooped up 1,434 additional shares in Sempra Energy during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 7, 2016. The investment management firm now holds a total of 2,258 shares of Sempra Energy which is valued at $231,806.Sempra Energy makes up approximately 0.04% of Advisory Services Network’s portfolio.

Other Hedge Funds, Including , Pure Financial Advisors boosted its stake in SRE in the latest quarter, The investment management firm added 13,581 additional shares and now holds a total of 17,448 shares of Sempra Energy which is valued at $1,791,212. Sempra Energy makes up approx 0.58% of Pure Financial Advisors’s portfolio.Chevy Chase Trust Holdings boosted its stake in SRE in the latest quarter, The investment management firm added 5,972 additional shares and now holds a total of 210,750 shares of Sempra Energy which is valued at $21,650,348. Sempra Energy makes up approx 0.12% of Chevy Chase Trust Holdings’s portfolio.Bnp Paribas Arbitrage Sa reduced its stake in SRE by selling 8,962 shares or 20.94% in the most recent quarter. The Hedge Fund company now holds 33,841 shares of SRE which is valued at $3,476,486. Sempra Energy makes up approx 0.01% of Bnp Paribas Arbitrage Sa’s portfolio.Washington Trust Bank boosted its stake in SRE in the latest quarter, The investment management firm added 274 additional shares and now holds a total of 2,226 shares of Sempra Energy which is valued at $228,677. Sempra Energy makes up approx 0.05% of Washington Trust Bank’s portfolio.Lvm Capital Management Ltdmi boosted its stake in SRE in the latest quarter, The investment management firm added 30 additional shares and now holds a total of 3,500 shares of Sempra Energy which is valued at $359,555. Sempra Energy makes up approx 0.11% of Lvm Capital Management Ltdmi’s portfolio.

Sempra Energy closed down -0.43 points or -0.42% at $102.66 with 12,00,176 shares getting traded on Friday. Post opening the session at $103.44, the shares hit an intraday low of $102.57 and an intraday high of $104.55 and the price fluctuated in this range throughout the day.Shares ended Friday 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 Company’s 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 Company’s 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.

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