EPS for Sempra Energy (SRE) Expected At $1.01

October 13, 2017 - By Clifton Ray

 EPS for Sempra Energy (SRE) Expected At $1.01
Investors sentiment increased to 1.01 in Q2 2017. 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.
Segall Bryant And Hamill Llc invested 0.01% in Sempra Energy (NYSE:SRE). Checchi Cap Advisers Ltd Liability Company accumulated 2,032 shares or 0.02% of the stock. Gateway Investment Advisers Ltd Co, Ohio-based fund reported 14,988 shares. Moreover, Brookmont Capital Management has 0.18% invested in Sempra Energy (NYSE:SRE) for 4,209 shares. Da Davidson And owns 7,372 shares or 0.02% of their US portfolio. Korea Investment Corporation stated it has 0.22% in Sempra Energy (NYSE:SRE). Weatherly Asset Limited Partnership owns 4,442 shares. California-based Personal Capital Advsrs has invested 0.01% in Sempra Energy (NYSE:SRE). Centurylink Inv accumulated 0.62% or 16,352 shares. Limited Ca holds 0.77% or 103,261 shares in its portfolio. Amp Invsts Limited holds 1.04M shares or 0.7% of its portfolio. Alpha Cubed Investments Ltd holds 3,965 shares or 0.08% of its portfolio. Huntington Bancorp stated it has 178,296 shares or 0.35% of all its holdings. Girard Partners Ltd reported 0.08% in Sempra Energy (NYSE:SRE). Captrust Advsr invested in 0% or 267 shares.

Since May 23, 2017, it had 0 buys, and 1 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 EPS, 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. As per Thursday, August 10, the company rating was maintained by Morgan Stanley. BMO Capital Markets maintained the stock with “Hold” rating in Friday, August 4 report. RBC Capital Markets maintained the shares of SRE in report on Monday, January 25 with “Outperform” rating. The stock has “Neutral” rating by JP Morgan on Thursday, October 12. Wells Fargo maintained Sempra Energy (NYSE:SRE) rating on Tuesday, October 10. Wells Fargo has “Outperform” rating and $128 target. RBC Capital Markets maintained Sempra Energy (NYSE:SRE) rating on Sunday, October 1. RBC Capital Markets has “Buy” rating and $117.0 target. Barclays Capital downgraded Sempra Energy (NYSE:SRE) on Thursday, June 8 to “Equal-Weight” rating. As per Sunday, July 23, the company rating was maintained by RBC Capital Markets. The stock of Sempra Energy (NYSE:SRE) earned “Buy” rating by Goldman Sachs on Wednesday, October 11. The firm has “Hold” rating given on Thursday, May 11 by BMO Capital Markets.

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: Prnewswire.com which released: “Sempra Energy Named To Dow Jones Sustainability North America Index For 7th Year” on September 13, 2017, also Streetinsider.com with their article: “Goldman Sachs Upgrades Sempra Energy (SRE) to Buy” published on October 11, 2017, Prnewswire.com published: “Sempra Energy’s IEnova Unit Acquires Pemex’s Participation In The Los Ramones …” on October 06, 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 Nasdaq.com‘s news article titled: “Sempra Energy (SRE) Ex-Dividend Date Scheduled for September 21, 2017” with publication date: September 20, 2017.

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