Hatteras Funds adds Sempra Energy (SRE) to its portfolio

Sempra Energy (SRE) : Hatteras Funds added new position in Sempra Energy during the most recent quarter end. The investment management firm now holds 11,367 shares of Sempra Energy which is valued at $1,216,155 , the company said in a statement filed on Aug 15, 2016 with the SEC.Sempra Energy makes up approximately 3.16% of Hatteras Funds’s portfolio.

Other Hedge Funds, Including , Panagora Asset Management Inc boosted its stake in SRE in the latest quarter, The investment management firm added 16,848 additional shares and now holds a total of 34,203 shares of Sempra Energy which is valued at $3,659,379. Sempra Energy makes up approx 0.02% of Panagora Asset Management Inc’s portfolio.Keybank National Associationoh boosted its stake in SRE in the latest quarter, The investment management firm added 342 additional shares and now holds a total of 127,402 shares of Sempra Energy which is valued at $13,630,740. Sempra Energy makes up approx 0.09% of Keybank National Associationoh’s portfolio.Blackrock Fund Advisors boosted its stake in SRE in the latest quarter, The investment management firm added 442,955 additional shares and now holds a total of 7,270,762 shares of Sempra Energy which is valued at $777,898,826. Sempra Energy makes up approx 0.17% of Blackrock Fund Advisors’s portfolio.Integrated Wealth Management reduced its stake in SRE by selling 1,405 shares or 24.15% in the most recent quarter. The Hedge Fund company now holds 4,412 shares of SRE which is valued at $486,864. Sempra Energy makes up approx 0.19% of Integrated Wealth Management’s portfolio. Ngam Advisors added SRE to its portfolio by purchasing 11,374 company shares during the most recent quarter which is valued at $1,255,121. Sempra Energy makes up approx 0.02% of Ngam 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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