American Trust Investment Advisors buys $4,397,289 stake in Sempra Energy (SRE)

Sempra Energy (SRE) : American Trust Investment Advisors scooped up 5,465 additional shares in Sempra Energy during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 41,100 shares of Sempra Energy which is valued at $4,397,289.Sempra Energy makes up approximately 4.30% of American Trust Investment Advisors’s portfolio.

Other Hedge Funds, Including , Paloma Partners Management Co sold out all of its stake in SRE during the most recent quarter. The investment firm sold 12,609 shares of SRE which is valued $1,349,037.Sandy Spring Bank boosted its stake in SRE in the latest quarter, The investment management firm added 150 additional shares and now holds a total of 10,765 shares of Sempra Energy which is valued at $1,151,640. Sempra Energy makes up approx 0.13% of Sandy Spring Bank’s portfolio.Jennison Associates reduced its stake in SRE by selling 80,276 shares or 4.44% in the most recent quarter. The Hedge Fund company now holds 1,729,542 shares of SRE which is valued at $190,854,960. Sempra Energy makes up approx 0.20% of Jennison Associates’s portfolio.Reilly Financial Advisors reduced its stake in SRE by selling 594 shares or 11.54% in the most recent quarter. The Hedge Fund company now holds 4,554 shares of SRE which is valued at $502,534. Sempra Energy makes up approx 0.09% of Reilly Financial Advisors’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 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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