As Sempra Energy (SRE) Stock Value Declined, Holder Pure Financial Advisors Cut Its Position by $513,930; Maverick Capital LTD Decreased Its Stake in Carter (CRI) by $3.29 Million

June 20, 2018 - By Nellie Frank

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Lee Ainslie decreased its stake in Carter Inc (CRI) by 42.96% based on its latest 2018Q1 regulatory filing with the SEC. Maverick Capital Ltd sold 31,620 shares as the company’s stock declined 8.43% with the market. The hedge fund run by Lee Ainslie held 41,980 shares of the consumer non-durables company at the end of 2018Q1, valued at $4.37 million, down from 73,600 at the end of the previous reported quarter. Maverick Capital Ltd who had been investing in Carter Inc for a number of months, seems to be less bullish one the $5.11 billion market cap company. It closed at $108.94 lastly. It is down 35.38% since June 20, 2017 and is uptrending. It has outperformed by 22.81% the S&P500. Some Historical CRI News: 17/05/2018 – Carter’s, Inc. Announces Quarterly Dividend; 02/05/2018 – CPSC: CARTER’S RECALLS CHILDREN’S CARDIGAN SETS ON CHOKE HAZARD; 26/04/2018 – CARTER’S INC CRI.N FY2018 SHR VIEW $6.64 — THOMSON REUTERS l/B/E/S; 01/04/2018 – New York Post: Warrior leaves on stretcher after Vince Carter’s flagrant foul; 22/04/2018 – DJ Carter’s Inc, Inst Holders, 1Q 2018 (CRI); 27/04/2018 – Carter’s Closes Below 200-Day Moving Average: Technicals; 26/04/2018 – Carter’s 1Q Adj EPS $1.09; 06/04/2018 – Rep. King: King on Trade War/Tariffs: Don’t Repeat Jimmy Carter’s Economic Mistakes; 26/04/2018 – Carter’s Sees FY Sales Up 3%; 26/04/2018 – Carter’s Inc. 1Q Profit Falls 8% on Toys ‘R’ Us Charge

Pure Financial Advisors Inc decreased its stake in Sempra Energy (SRE) by 22.65% based on its latest 2018Q1 regulatory filing with the SEC. Pure Financial Advisors Inc sold 4,630 shares as the company’s stock declined 3.94% with the market. The institutional investor held 15,808 shares of the natural gas distribution company at the end of 2018Q1, valued at $1.76 million, down from 20,438 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 less bullish one the $29.92B market cap company. The stock increased 0.53% or $0.6 during the last trading session, reaching $113.27. About 1.95M shares traded. Sempra Energy (NYSE:SRE) has declined 8.17% since June 20, 2017 and is downtrending. It has underperformed by 20.74% the S&P500. Some Historical SRE News: 19/04/2018 – SoCalGas and Opus 12 Successfully Demonstrate Technology That Simplifies Conversion of Carbon Dioxide into Storable Renewable E; 12/03/2018 – MOODY’S UPGRADES ONCOR’S SENIOR SECURED RATING TO A2 FROM A3; OUTLOOK STABLE; 10/04/2018 – SEMPRA ENERGY – TREVOR MIHALIK HAS BEEN APPOINTED SEMPRA ENERGY’S EXECUTIVE VICE PRESIDENT AND CFO; 20/04/2018 – SoCalGas, Anaheim Fire & Rescue Raise Giant Shovel at Angels Stadium of Anaheim to Remind Southern Californians to Call 811 Before Digging; 23/04/2018 – DJ Sempra Energy, Inst Holders, 1Q 2018 (SRE); 10/04/2018 – Sempra Energy Names Peter Wall as Controller and Chief Accounting Officer; 12/03/2018 – SEMPRA ENERGY SAYS JEFFREY W. MARTIN NAMED SUCCESSOR; 10/04/2018 – SEMPRA NAMES HOUSEHOLDER OPERATING CHIEF, MIHALIK CFO,; 07/05/2018 – SEMPRA ENERGY – QTRLY TOTAL REVENUES $2,962 MLN VS $3,031 MLN; 09/03/2018 – Sempra Dreams of Electric Cars in Texas With Oncor (Correct)

Investors sentiment decreased to 1 in 2018 Q1. Its down 0.27, from 1.27 in 2017Q4. It dropped, as 54 investors sold SRE shares while 178 reduced holdings. 63 funds opened positions while 170 raised stakes. 225.19 million shares or 17.16% more from 192.21 million shares in 2017Q4 were reported. Fin Serv Corp, a Missouri-based fund reported 198 shares. Geode Mngmt Lc owns 2.85 million shares for 0.1% of their portfolio. Pinnacle Financial Prtn stated it has 0.08% in Sempra Energy (NYSE:SRE). Nordea Invest Mngmt Ab reported 156,768 shares or 0.04% of all its holdings. Manchester Capital Mgmt Limited Liability reported 0% stake. Tompkins holds 0.02% or 870 shares in its portfolio. Mitsubishi Ufj Tru And Banking Corporation accumulated 522,147 shares. Ameritas Investment stated it has 5,192 shares. New York State Teachers Retirement invested in 0.09% or 348,287 shares. Us Bancshares De holds 0.03% or 87,413 shares in its portfolio. Allsquare Wealth Mngmt Llc invested in 0.03% or 300 shares. Bessemer Grp owns 9,542 shares. Signaturefd Limited Liability reported 550 shares. Miller Howard New York owns 61,429 shares. First Mercantile holds 3,838 shares or 0.09% of its portfolio.

More important recent Sempra Energy (NYSE:SRE) news were published by: Benzinga.com which released: “Wells Fargo Downgrades Sempra Energy After Monday’s Spike On Activist Involvement” on June 12, 2018, also Benzinga.com published article titled: “A Look Back At What’s Happened To Each Sector Through The First Half Of 2018 (Part 2)”, Seekingalpha.com published: “Low Energy MLPs” on June 17, 2018. More interesting news about Sempra Energy (NYSE:SRE) was released by: Seekingalpha.com and their article: “California recommends increasing gas storage at Aliso Canyon” with publication date: June 19, 2018.

Pure Financial Advisors Inc, which manages about $1.02B and $411.27 million US Long portfolio, upped its stake in Spdr Series Trust by 3,920 shares to 12,437 shares, valued at $1.07 million in 2018Q1, according to the filing. It also increased its holding in Ishares Tr (IEFA) by 6,043 shares in the quarter, for a total of 60,829 shares, and has risen its stake in Spdr Index Shs Fds (GWX).

Analysts await Sempra Energy (NYSE:SRE) to report earnings on August, 3. They expect $1.22 EPS, up 10.91% or $0.12 from last year’s $1.1 per share. SRE’s profit will be $322.25M for 23.21 P/E if the $1.22 EPS becomes a reality. After $1.43 actual EPS reported by Sempra Energy for the previous quarter, Wall Street now forecasts -14.69% negative EPS growth.

Since April 5, 2018, it had 0 insider buys, and 3 sales for $6.14 million activity. Shares for $5.51M were sold by REED DEBRA L on Thursday, April 5. 1,918 Sempra Energy (NYSE:SRE) shares with value of $201,006 were sold by OUCHI WILLIAM G.

Among 11 analysts covering Sempra Energy (NYSE:SRE), 6 have Buy rating, 0 Sell and 5 Hold. Therefore 55% are positive. Sempra Energy had 27 analyst reports since September 15, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Friday, December 22 by Bank of America. The firm has “Outperform” rating by Wells Fargo given on Wednesday, February 28. Barclays Capital downgraded the shares of SRE in report on Thursday, June 8 to “Equal-Weight” rating. Goldman Sachs upgraded the stock to “Buy” rating in Wednesday, October 11 report. The company was maintained on Monday, June 4 by JP Morgan. The stock of Sempra Energy (NYSE:SRE) earned “Hold” rating by BMO Capital Markets on Friday, August 4. Bank of America maintained Sempra Energy (NYSE:SRE) rating on Tuesday, June 12. Bank of America has “Neutral” rating and $118 target. Bank of America maintained it with “Neutral” rating and $113 target in Tuesday, May 8 report. The rating was maintained by RBC Capital Markets with “Outperform” on Monday, January 25. As per Monday, June 11, the company rating was downgraded by Wells Fargo.

Investors sentiment increased to 1.41 in 2018 Q1. Its up 0.32, from 1.09 in 2017Q4. It increased, as 29 investors sold CRI shares while 102 reduced holdings. 76 funds opened positions while 109 raised stakes. 44.01 million shares or 0.35% more from 43.86 million shares in 2017Q4 were reported. 3.90M are held by Vanguard Group Inc. Ajo Lp owns 212,632 shares. Ftb Advsr invested in 0.03% or 3,076 shares. Riverhead Capital Limited Com invested in 3,665 shares or 0.02% of the stock. Azimuth Mngmt Ltd reported 34,520 shares. Northwestern Mutual Wealth Mgmt reported 4 shares. Vigilant Mngmt Ltd holds 55 shares. Deprince Race And Zollo holds 12,900 shares. Ironwood Limited Liability Corporation holds 0.82% of its portfolio in Carter's, Inc. (NYSE:CRI) for 10,806 shares. Mackay Shields Ltd Liability stated it has 211,740 shares or 0.14% of all its holdings. Fifth Third National Bank & Trust has invested 0.02% in Carter's, Inc. (NYSE:CRI). Quantbot Tech Limited Partnership invested in 0.2% or 22,574 shares. Moreover, Cibc World Incorporated has 0% invested in Carter's, Inc. (NYSE:CRI). Cipher Cap LP has invested 0.21% in Carter's, Inc. (NYSE:CRI). Great West Life Assurance Can invested in 0.01% or 28,323 shares.

Maverick Capital Ltd, which manages about $14.71B and $7.75B US Long portfolio, upped its stake in Shire Plc (NASDAQ:SHPG) by 50,794 shares to 1.71M shares, valued at $255.97M in 2018Q1, according to the filing. It also increased its holding in Wellcare Health Plans Inc (NYSE:WCG) by 20,990 shares in the quarter, for a total of 64,610 shares, and has risen its stake in Wolverine World Wide Inc (NYSE:WWW).

Among 16 analysts covering Carter’s (NYSE:CRI), 10 have Buy rating, 1 Sell and 5 Hold. Therefore 63% are positive. Carter’s had 38 analyst reports since August 31, 2015 according to SRatingsIntel. The firm has “Hold” rating by Cowen & Co given on Monday, October 23. The firm has “Market Perform” rating by Cowen & Co given on Wednesday, July 13. The stock of Carter's, Inc. (NYSE:CRI) earned “Buy” rating by FBR Capital on Tuesday, July 11. As per Thursday, October 22, the company rating was initiated by Wells Fargo. FBR Capital maintained Carter's, Inc. (NYSE:CRI) rating on Friday, June 16. FBR Capital has “Buy” rating and $11100 target. As per Wednesday, January 25, the company rating was initiated by Morgan Stanley. On Thursday, December 21 the stock rating was initiated by Suntrust Robinson with “Hold”. The stock of Carter's, Inc. (NYSE:CRI) earned “Hold” rating by Zacks on Monday, August 31. Oppenheimer maintained it with “Buy” rating and $10500 target in Tuesday, June 13 report. The stock has “Buy” rating by FBR Capital on Tuesday, February 27.

Carter's, Inc. (NYSE:CRI) Institutional Positions Chart

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