Horseman Capital Management LTD Increases Holding in Sociedad Quimica Y Minera De Chile Sa (SQM); Pure Financial Advisors Has Lifted Sempra Energy (SRE) Holding by $1.20 Million

February 4, 2018 - By Marie Mckinney

Pure Financial Advisors Inc increased its stake in Sempra Energy (SRE) by 47.51% based on its latest 2017Q3 regulatory filing with the SEC. Pure Financial Advisors Inc bought 10,486 shares as the company’s stock rose 5.34% with the market. The institutional investor held 32,557 shares of the natural gas distribution company at the end of 2017Q3, valued at $3.72 million, up from 22,071 at the end of the previous reported quarter. Pure Financial Advisors Inc who had been investing in Sempra Energy for a number of months, seems to be bullish on the $29.38 billion market cap company. The stock decreased 0.89% or $0.95 during the last trading session, reaching $105.58. About 2.01 million shares traded. Sempra Energy (NYSE:SRE) has risen 8.27% since February 4, 2017 and is uptrending. It has underperformed by 8.43% the S&P500.

John Horseman increased its stake in Sociedad Quimica Y Minera De Chile Sa (SQM) by 2.2% based on its latest 2017Q3 regulatory filing with the SEC. Horseman Capital Management Ltd bought 8,400 shares as the company’s stock rose 11.91% with the market. The hedge fund run by John Horseman held 389,400 shares of the mining & quarrying of nonmetallic minerals (no fuels) company at the end of 2017Q3, valued at $21.67M, up from 381,000 at the end of the previous reported quarter. Horseman Capital Management Ltd who had been investing in Sociedad Quimica Y Minera De Chile Sa for a number of months, seems to be bullish on the $13.97 billion market cap company. The stock decreased 4.86% or $2.71 during the last trading session, reaching $53.06. About 1.64M shares traded or 25.90% up from the average. Sociedad Química y Minera de Chile S.A. (NYSE:SQM) has risen 69.80% since February 4, 2017 and is uptrending. It has outperformed by 53.10% the S&P500.

Horseman Capital Management Ltd, which manages about $449.90M US Long portfolio, decreased its stake in Taiwan Semiconductor Manufacturing Co Ltd (NYSE:TSM) by 15,000 shares to 30,000 shares, valued at $1.13M in 2017Q3, according to the filing. It also reduced its holding in Icici Bank Ltd (NYSE:IBN) by 130,000 shares in the quarter, leaving it with 1.05M shares, and cut its stake in Vale Sa (NYSE:VALE).

Among 8 analysts covering Sociedad Quimica y Minera de Chile (NYSE:SQM), 2 have Buy rating, 1 Sell and 5 Hold. Therefore 25% are positive. Sociedad Quimica y Minera de Chile had 24 analyst reports since August 28, 2015 according to SRatingsIntel. The stock of Sociedad Química y Minera de Chile S.A. (NYSE:SQM) has “Hold” rating given on Thursday, October 5 by BMO Capital Markets. Bank of America upgraded Sociedad Química y Minera de Chile S.A. (NYSE:SQM) on Wednesday, September 13 to “Buy” rating. The stock of Sociedad Química y Minera de Chile S.A. (NYSE:SQM) has “Neutral” rating given on Wednesday, September 30 by JP Morgan. The rating was upgraded by Bank of America to “Buy” on Friday, December 18. The firm has “Neutral” rating by Citigroup given on Wednesday, January 25. The stock of Sociedad Química y Minera de Chile S.A. (NYSE:SQM) has “Market Perform” rating given on Tuesday, August 29 by BMO Capital Markets. The stock has “Hold” rating by BMO Capital Markets on Thursday, July 6. Scotia Capital maintained it with “Hold” rating and $60.0 target in Thursday, January 18 report. The firm has “Hold” rating given on Tuesday, December 8 by Santander. As per Wednesday, October 19, the company rating was upgraded by HSBC.

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. RBC Capital Markets maintained Sempra Energy (NYSE:SRE) rating on Monday, January 25. RBC Capital Markets has “Outperform” rating and $116 target. On Wednesday, November 1 the stock rating was maintained by JP Morgan with “Neutral”. The firm has “Neutral” rating by JP Morgan given on Thursday, October 12. The firm earned “Hold” rating on Friday, August 4 by BMO Capital Markets. The firm has “Buy” rating by Wells Fargo given on Wednesday, January 3. RBC Capital Markets maintained Sempra Energy (NYSE:SRE) rating on Sunday, August 27. RBC Capital Markets has “Buy” rating and $117.0 target. The firm has “Buy” rating given on Sunday, July 23 by RBC Capital Markets. BMO Capital Markets maintained Sempra Energy (NYSE:SRE) on Thursday, May 11 with “Hold” rating. The firm has “Buy” rating by RBC Capital Markets given on Sunday, October 1. Barclays Capital downgraded the shares of SRE in report on Thursday, June 8 to “Equal-Weight” rating.

Investors sentiment increased to 1.19 in 2017 Q3. 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. Vident Advisory Ltd Co holds 4,637 shares or 0.03% of its portfolio. Partnervest Advisory Services Limited Liability Corp reported 15,135 shares or 0.84% of all its holdings. State Board Of Administration Of Florida Retirement Systems has 359,839 shares for 0.11% of their portfolio. Millennium Mngmt Llc accumulated 345,162 shares. Pub Employees Retirement Association Of Colorado accumulated 0.04% or 43,019 shares. Sterling Strategies Ltd owns 3,729 shares for 1.74% of their portfolio. Moreover, Caprock Incorporated has 0.1% invested in Sempra Energy (NYSE:SRE) for 3,965 shares. 71 were accumulated by Cls Lc. Northwestern Mutual Wealth Mgmt owns 4,374 shares. Caisse De Depot Et Placement Du Quebec accumulated 0.02% or 70,589 shares. 2,210 are owned by Checchi Advisers Ltd. Tudor Inv Et Al has invested 0.01% of its portfolio in Sempra Energy (NYSE:SRE). Bnp Paribas Arbitrage Sa stated it has 128,917 shares. Retirement Of Alabama accumulated 121,811 shares or 0.07% of the stock. Oregon Pub Employees Retirement Fund stated it has 26,226 shares.