Tiverton Asset Management Stake In Zions Bancorporation (ZION) Was Has Raised; Stonebridge Capital Advisors Has Decreased Its Sempra Energy (SRE) Holding by $835,050; Market Valuation Rose

February 22, 2018 - By reb123z

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 $1.24 million, 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 $29.83B market cap company. The stock increased 1.71% or $1.8 during the last trading session, reaching $107.23. About 428,200 shares traded. Sempra Energy (NYSE:SRE) has risen 8.27% since February 22, 2017 and is uptrending. It has underperformed by 8.43% the S&P500.

Tiverton Asset Management Llc increased its stake in Zions Bancorporation (ZION) by 122.19% based on its latest 2017Q3 regulatory filing with the SEC. Tiverton Asset Management Llc bought 83,843 shares as the company’s stock declined 10.19% while stock markets rallied. The institutional investor held 152,460 shares of the major banks company at the end of 2017Q3, valued at $7.19 million, up from 68,617 at the end of the previous reported quarter. Tiverton Asset Management Llc who had been investing in Zions Bancorporation for a number of months, seems to be bullish on the $10.97B market cap company. The stock decreased 0.57% or $0.32 during the last trading session, reaching $55.54. About 601,460 shares traded. Zions Bancorporation (NASDAQ:ZION) has risen 48.85% since February 22, 2017 and is uptrending. It has outperformed by 32.15% the S&P500.

Analysts await Sempra Energy (NYSE:SRE) to report earnings on February, 27 before the open. They expect $1.40 EPS, down 7.89% or $0.12 from last year’s $1.52 per share. SRE’s profit will be $389.51 million for 19.15 P/E if the $1.40 EPS becomes a reality. After $1.04 actual EPS reported by Sempra Energy for the previous quarter, Wall Street now forecasts 34.62% EPS growth.

Stonebridge Capital Advisors Llc, which manages about $829.10 million and $406.69 million US Long portfolio, upped its stake in Conoco Philips Corp (NYSE:COP) by 6,775 shares to 107,460 shares, valued at $5.38 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 Microsoft Corp (NASDAQ:MSFT).

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. 3,729 were reported by Sterling Strategies Ltd Liability. Central Bancorp owns 250 shares. Commercial Bank Of Nova Scotia holds 43,994 shares. Cutter Brokerage owns 16,346 shares for 0.74% of their portfolio. Cibc Markets holds 79,572 shares or 0.09% of its portfolio. Checchi Capital Advisers Lc owns 2,210 shares. Ent Services invested 0.01% in Sempra Energy (NYSE:SRE). Cleararc Inc holds 6,434 shares or 0.11% of its portfolio. Moreover, Cornerstone Advsr Incorporated has 0.18% invested in Sempra Energy (NYSE:SRE) for 14,000 shares. The California-based Kcm Ltd has invested 0.22% in Sempra Energy (NYSE:SRE). North Star Investment Corporation reported 2,152 shares or 0.03% of all its holdings. Liberty Mutual Gru Asset Management Incorporated invested 0.06% in Sempra Energy (NYSE:SRE). Korea-based Mirae Asset Global has invested 0.07% in Sempra Energy (NYSE:SRE). Adirondack Comm accumulated 30 shares. Duff Phelps Investment reported 999,680 shares stake.

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 stock of Sempra Energy (NYSE:SRE) earned “Hold” rating by BMO Capital Markets on Thursday, May 11. The stock of Sempra Energy (NYSE:SRE) has “Buy” rating given on Sunday, November 5 by RBC Capital Markets. RBC Capital Markets maintained the shares of SRE in report on Sunday, August 27 with “Buy” rating. The rating was maintained by RBC Capital Markets on Sunday, October 1 with “Buy”. The firm has “Neutral” rating by JP Morgan given on Wednesday, November 1. The firm earned “Equal-Weight” rating on Thursday, June 8 by Barclays Capital. Wells Fargo maintained it with “Outperform” rating and $128 target in Tuesday, October 10 report. RBC Capital Markets maintained the shares of SRE in report on Sunday, July 23 with “Buy” rating. The stock has “Hold” rating by BMO Capital Markets on Friday, August 4. Goldman Sachs upgraded Sempra Energy (NYSE:SRE) on Wednesday, October 11 to “Buy” rating.

Tiverton Asset Management Llc, which manages about $1.77B US Long portfolio, decreased its stake in Healthequity Inc (NASDAQ:HQY) by 65,065 shares to 131,724 shares, valued at $6.66M in 2017Q3, according to the filing. It also reduced its holding in Littelfuse Inc (NASDAQ:LFUS) by 20,362 shares in the quarter, leaving it with 16,898 shares, and cut its stake in Epam Systems Inc (NYSE:EPAM).

Investors sentiment decreased to 1.05 in 2017 Q3. Its down 0.04, from 1.09 in 2017Q2. It turned negative, as 45 investors sold ZION shares while 132 reduced holdings. 54 funds opened positions while 131 raised stakes. 181.27 million shares or 1.35% less from 183.76 million shares in 2017Q2 were reported. Rice Hall James And Lc, a California-based fund reported 52,363 shares. Fifth Third Commercial Bank invested in 0% or 1,771 shares. Victory Cap Mgmt Incorporated stated it has 0.09% in Zions Bancorporation (NASDAQ:ZION). Denver Invest Advisors Ltd Liability Co holds 19,871 shares or 0.05% of its portfolio. Moreover, Ameritas Investment Prns Inc has 0.01% invested in Zions Bancorporation (NASDAQ:ZION) for 4,903 shares. Reilly Financial Advisors Ltd Limited Liability Company accumulated 593 shares. Moreover, Macquarie Gru Ltd has 0.02% invested in Zions Bancorporation (NASDAQ:ZION). Jane Street Gru Llc invested 0% of its portfolio in Zions Bancorporation (NASDAQ:ZION). Thrivent For Lutherans owns 4.33M shares. Andra Ap invested 0.05% of its portfolio in Zions Bancorporation (NASDAQ:ZION). Contravisory Management invested 0.1% in Zions Bancorporation (NASDAQ:ZION). Teachers Retirement Sys Of The State Of Kentucky holds 0.01% of its portfolio in Zions Bancorporation (NASDAQ:ZION) for 20,894 shares. Livforsakringsbolaget Skandia Omsesidigt owns 3,900 shares. Sterling Management Limited Liability has invested 0.01% of its portfolio in Zions Bancorporation (NASDAQ:ZION). Ledyard Savings Bank has invested 0.01% in Zions Bancorporation (NASDAQ:ZION).

Among 30 analysts covering Zions Bancorporation (NASDAQ:ZION), 16 have Buy rating, 1 Sell and 13 Hold. Therefore 53% are positive. Zions Bancorporation had 122 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has “Hold” rating by Jefferies on Wednesday, July 27. The stock of Zions Bancorporation (NASDAQ:ZION) has “Buy” rating given on Friday, September 15 by Jefferies. FBR Capital upgraded the shares of ZION in report on Tuesday, December 20 to “Outperform” rating. The rating was maintained by Compass Point on Thursday, May 12 with “Neutral”. On Friday, February 16 the stock rating was maintained by Jefferies with “Buy”. The rating was upgraded by Robert W. Baird on Friday, September 8 to “Neutral”. Credit Suisse maintained Zions Bancorporation (NASDAQ:ZION) on Tuesday, August 16 with “Outperform” rating. The stock has “Mkt Perform” rating by Keefe Bruyette & Woods on Tuesday, October 25. The firm earned “Hold” rating on Wednesday, September 27 by Keefe Bruyette & Woods. The firm has “Hold” rating by Susquehanna given on Thursday, January 4.

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