SRE

Shares of DBA Sempra Are Plummeting - Will This Trend Continue?

This evening we watched DBA Sempra drop -1.8% to a price of $70.93 per share. The large-cap Oil & Gas Transmission company is now trading -12.43% below its average target price of $81.0. Analysts have set target prices ranging from $73.0 to $89.0 per share for DBA Sempra, and have given the stock an average rating of buy.

DBA Sempra's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 2.1%. The stock's short ratio is 3.99. At 0.03%, the company's rate of insider ownership does not indicate that management is heavily invested in the corporation.

Another number to watch is the company's rate of institutional share ownership, which now stands at 88.1%. In conclusion, we believe there is mixed market sentiment regarding DBA Sempra.

Institutions Invested in DBA Sempra

Date Reported Holder Percentage Shares Value
2023-09-30 Vanguard Group Inc 20% 62,117,948 $4,406,026,070
2023-09-30 Blackrock Inc. 18% 57,997,955 $4,113,794,965
2023-09-30 Capital International Investors 18% 55,206,063 $3,915,766,065
2023-09-30 State Street Corporation 11% 33,569,802 $2,381,106,066
2023-09-30 Wellington Management Group, LLP 8% 24,206,231 $1,716,947,972
2023-09-30 Newport Trust Company, LLC 5% 14,416,527 $1,022,564,264
2023-09-30 FMR, LLC 5% 14,360,225 $1,018,570,763
2022-12-31 Norges Bank Investment Management 4% 12,945,404 $918,217,509
2023-09-30 ClearBridge Investments, LLC 4% 12,154,272 $862,102,516
2023-09-30 Geode Capital Management, LLC 4% 11,715,652 $830,991,199
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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