Rare Infrastructure LTD Upped Its Sempra Energy (SRE) Position by $32.31 Million

Sempra Energy (NYSE:SRE) LogoInvestors sentiment decreased to 1.1 in 2019 Q1. Its down 0.19, from 1.29 in 2018Q4. It worsened, as 40 investors sold SRE shares while 176 reduced holdings. 64 funds opened positions while 173 raised stakes. 241.82 million shares or 0.55% more from 240.49 million shares in 2018Q4 were reported. Caprock Grp Inc Inc invested in 6,844 shares or 0.17% of the stock. Metropolitan Life Insurance Ny holds 0.05% or 64,391 shares in its portfolio. Cap Guardian Tru has 176,204 shares for 0.29% of their portfolio. Sandy Spring National Bank & Trust owns 10,765 shares or 0.11% of their US portfolio. Cornerstone Advsr invested 0.01% of its portfolio in Sempra Energy (NYSE:SRE). Pure Financial Advsrs Inc holds 0.51% or 21,634 shares. Patten Patten Inc Tn invested 0.03% in Sempra Energy (NYSE:SRE). Maryland-based Brown Advisory has invested 0% in Sempra Energy (NYSE:SRE). Goldman Sachs Grp reported 0.08% stake. Everence Management has invested 0.16% in Sempra Energy (NYSE:SRE). Alpha Cubed Invests Lc owns 0.08% invested in Sempra Energy (NYSE:SRE) for 5,264 shares. Atwood & Palmer invested 0.07% of its portfolio in Sempra Energy (NYSE:SRE). Shelton Capital Mngmt holds 0.01% or 320 shares. Guardian Life Insur Of America reported 790 shares. Canada Pension Plan Board has 0% invested in Sempra Energy (NYSE:SRE).

Since January 24, 2019, it had 0 insider buys, and 1 insider sale for $117,761 activity.

Rare Infrastructure Ltd increased its stake in Sempra Energy (SRE) by 37.86% based on its latest 2019Q1 regulatory filing with the SEC. Rare Infrastructure Ltd bought 258,462 shares as the company’s stock rose 13.69% with the market. The institutional investor held 941,060 shares of the natural gas distribution company at the end of 2019Q1, valued at $118.44 million, up from 682,598 at the end of the previous reported quarter. Rare Infrastructure Ltd who had been investing in Sempra Energy for a number of months, seems to be bullish on the $38.72B market cap company. The stock increased 0.93% or $1.29 during the last trading session, reaching $140.34. About 416,738 shares traded. Sempra Energy (NYSE:SRE) has risen 21.94% since July 10, 2018 and is uptrending. It has outperformed by 17.51% the S&P500.

Rare Infrastructure Ltd, which manages about $1.46 billion US Long portfolio, decreased its stake in Crown Castle Intl Corp New (NYSE:CCI) by 426,912 shares to 688,376 shares, valued at $88.11M in 2019Q1, according to the filing. It also reduced its holding in Kinder Morgan Inc Del (NYSE:KMI) by 2.23 million shares in the quarter, leaving it with 1.86 million shares, and cut its stake in Genesee & Wyo Inc (NYSE:GWR).

More notable recent Sempra Energy (NYSE:SRE) news were published by: Seekingalpha.com which released: “Sempra Energy declares $0.9675 dividend – Seeking Alpha” on February 22, 2019, also Seekingalpha.com with their article: “Sempra Energy Q1 2019 Earnings Preview – Seeking Alpha” published on May 06, 2019, Seekingalpha.com published: “California governor proposes wildfire fund to boost utilities – WSJ – Seeking Alpha” on June 21, 2019. More interesting news about Sempra Energy (NYSE:SRE) were released by: Seekingalpha.com and their article: “California Senate approves bill to protect utilities from wildfire costs – Seeking Alpha” published on July 09, 2019 as well as Schaeffersresearch.com‘s news article titled: “2 Energy Stocks That Could Hit New Highs Next Month – Schaeffers Research” with publication date: February 27, 2019.

Sempra Energy (NYSE:SRE) Ratings Coverage

Among 2 analysts covering Sempra Energy (NYSE:SRE), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Sempra Energy had 10 analyst reports since February 11, 2019 according to SRatingsIntel. The firm has “Outperform” rating given on Wednesday, February 27 by Wells Fargo. The firm has “Equal-Weight” rating given on Thursday, May 23 by Morgan Stanley. Wells Fargo maintained the stock with “Outperform” rating in Monday, February 11 report. The company was maintained on Wednesday, March 13 by Morgan Stanley. The stock has “Equal-Weight” rating by Morgan Stanley on Thursday, March 28. Wells Fargo maintained it with “Outperform” rating and $140 target in Monday, April 15 report. Morgan Stanley maintained Sempra Energy (NYSE:SRE) on Thursday, May 16 with “Equal-Weight” rating.

Sempra Energy (NYSE:SRE) Institutional Positions Chart

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