As Sempra Energy (SRE) Stock Price Rose, Holder Stonebridge Capital Advisors Has Cut by $835,050 Its Stake; First Personal Financial Services Stake in Royal Bk Cda Montreal Que (RY) Has Cut by $2.54 Million

February 15, 2018 - By Evgen Dobrzhanskiy

Stonebridge Capital Advisors Llc decreased its stake in Sempra Energy (SRE) by 40.3% based on its latest 2017Q3 regulatory filing with the SEC. Stonebridge Capital Advisors Llc sold 7,325 shares as the company’s stock rose 5.34% with the market. The institutional investor held 10,850 shares of the natural gas distribution company at the end of 2017Q3, valued at $1.24M, down from 18,175 at the end of the previous reported quarter. Stonebridge Capital Advisors Llc who had been investing in Sempra Energy for a number of months, seems to be less bullish one the $29.35B market cap company. The stock decreased 1.25% or $1.34 during the last trading session, reaching $105.47. About 1.15M shares traded. Sempra Energy (NYSE:SRE) has risen 8.27% since February 15, 2017 and is uptrending. It has underperformed by 8.43% the S&P500.

First Personal Financial Services decreased its stake in Royal Bk Cda Montreal Que (RY) by 78.36% based on its latest 2017Q3 regulatory filing with the SEC. First Personal Financial Services sold 32,999 shares as the company’s stock declined 9.02% while stock markets rallied. The institutional investor held 9,113 shares of the commercial banks company at the end of 2017Q3, valued at $705,000, down from 42,112 at the end of the previous reported quarter. First Personal Financial Services who had been investing in Royal Bk Cda Montreal Que for a number of months, seems to be less bullish one the $115.19 billion market cap company. The stock increased 1.56% or $1.24 during the last trading session, reaching $80.48. About 826,193 shares traded or 0.74% up from the average. Royal Bank of Canada (NYSE:RY) has risen 16.29% since February 15, 2017 and is uptrending. It has underperformed by 0.41% the S&P500.

Analysts await Royal Bank of Canada (NYSE:RY) to report earnings on February, 23. They expect $1.52 earnings per share, up 8.57% or $0.12 from last year’s $1.4 per share. RY’s profit will be $2.18B for 13.24 P/E if the $1.52 EPS becomes a reality. After $1.54 actual earnings per share reported by Royal Bank of Canada for the previous quarter, Wall Street now forecasts -1.30% negative EPS growth.

Among 11 analysts covering Royal Bank Of Canada (NYSE:RY), 5 have Buy rating, 1 Sell and 5 Hold. Therefore 45% are positive. Royal Bank Of Canada had 19 analyst reports since August 4, 2015 according to SRatingsIntel. TD Securities downgraded the shares of RY in report on Monday, April 3 to “Hold” rating. Zacks downgraded Royal Bank of Canada (NYSE:RY) on Saturday, August 22 to “Hold” rating. Argus Research initiated Royal Bank of Canada (NYSE:RY) on Friday, July 1 with “Buy” rating. Bank of America maintained Royal Bank of Canada (NYSE:RY) on Thursday, August 27 with “Buy” rating. The stock has “Buy” rating by Citigroup on Wednesday, September 14. The stock of Royal Bank of Canada (NYSE:RY) has “Buy” rating given on Thursday, August 25 by Argus Research. Rafferty downgraded Royal Bank of Canada (NYSE:RY) on Thursday, December 1 to “Hold” rating. As per Monday, December 12, the company rating was maintained by Argus Research. The firm has “Mkt Perform” rating by Keefe Bruyette & Woods given on Monday, February 27. As per Monday, August 15, the company rating was maintained by Citigroup.

First Personal Financial Services, which manages about $474.22M US Long portfolio, upped its stake in Alphabet Inc by 1,887 shares to 5,731 shares, valued at $5.58 million in 2017Q3, according to the filing. It also increased its holding in Home Depot Inc (NYSE:HD) by 1,886 shares in the quarter, for a total of 6,586 shares, and has risen its stake in Unitedhealth Group Inc (NYSE:UNH).

Investors sentiment increased to 1.19 in Q3 2017. Its up 0.18, from 1.01 in 2017Q2. It is positive, as 28 investors sold SRE shares while 168 reduced holdings. 62 funds opened positions while 172 raised stakes. 197.93 million shares or 1.07% less from 200.08 million shares in 2017Q2 were reported. Evercore Trust Na invested in 10.03M shares or 3.31% of the stock. Savings Bank Of Ny Mellon reported 2.36 million shares. Creative Planning holds 0.01% or 22,717 shares. Retail Bank Of Montreal Can has 0.03% invested in Sempra Energy (NYSE:SRE) for 297,687 shares. Cwm Ltd Liability holds 0% or 435 shares. Moreover, Fmr Ltd Limited Liability Company has 0.11% invested in Sempra Energy (NYSE:SRE). Goldman Sachs Gp Inc accumulated 1.86 million shares or 0.05% of the stock. Amf Pensionsforsakring has 0.12% invested in Sempra Energy (NYSE:SRE). Perigon Wealth Llc, California-based fund reported 5,016 shares. 10,344 were reported by Liberty Mutual Asset. Regentatlantic Ltd Llc holds 0.09% or 8,940 shares. Susquehanna Intl Llp reported 8,800 shares. Ballentine Partners Ltd Liability holds 4,497 shares. Menta Cap Limited holds 0.17% of its portfolio in Sempra Energy (NYSE:SRE) for 10,460 shares. Northern Tru Corporation reported 3.25 million shares or 0.1% of all its holdings.

Among 9 analysts covering Sempra Energy (NYSE:SRE), 5 have Buy rating, 0 Sell and 4 Hold. Therefore 56% are positive. Sempra Energy had 19 analyst reports since September 15, 2015 according to SRatingsIntel. The firm has “Overweight” rating by Morgan Stanley given on Thursday, August 10. RBC Capital Markets maintained the shares of SRE in report on Monday, January 25 with “Outperform” rating. The stock has “Buy” rating by RBC Capital Markets on Sunday, October 1. The rating was maintained by BMO Capital Markets on Thursday, May 11 with “Hold”. As per Sunday, July 23, the company rating was maintained by RBC Capital Markets. On Wednesday, November 1 the stock rating was maintained by JP Morgan with “Neutral”. The rating was downgraded by Bank of America on Friday, December 22 to “Hold”. The company was maintained on Thursday, October 12 by JP Morgan. On Sunday, November 5 the stock rating was maintained by RBC Capital Markets with “Buy”. The company was upgraded on Wednesday, October 11 by Goldman Sachs.

Stonebridge Capital Advisors Llc, which manages about $829.10M and $406.69M US Long portfolio, upped its stake in Microsoft Corp (NASDAQ:MSFT) by 54,267 shares to 114,645 shares, valued at $8.54 million in 2017Q3, according to the filing. It also increased its holding in Ishares S&P 500 Index Fd (IVV) by 2,936 shares in the quarter, for a total of 32,526 shares, and has risen its stake in Chevrontexaco Corp (NYSE:CVX).

Analysts await Sempra Energy (NYSE:SRE) to report earnings on February, 27. They expect $1.39 earnings per share, down 8.55% or $0.13 from last year’s $1.52 per share. SRE’s profit will be $386.74 million for 18.97 P/E if the $1.39 EPS becomes a reality. After $1.04 actual earnings per share reported by Sempra Energy for the previous quarter, Wall Street now forecasts 33.65% EPS growth.

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