Reaves W H & Company Cut Its Sempra Energy Com (SRE) Holding by $2.59 Million as Market Valuation Rose; Navellier & Associates Upped Its Fox Factory Holding Corp. (FOXF) Holding by $360,426

February 15, 2018 - By Linda Rogers

Louis Navellier increased its stake in Fox Factory Holding Corp. (FOXF) by 41.57% based on its latest 2017Q3 regulatory filing with the SEC. Navellier & Associates Inc bought 8,382 shares as the company’s stock rose 20.00% with the market. The hedge fund run by Louis Navellier held 28,546 shares of the motor vehicles company at the end of 2017Q3, valued at $1.23M, up from 20,164 at the end of the previous reported quarter. Navellier & Associates Inc who had been investing in Fox Factory Holding Corp. for a number of months, seems to be bullish on the $1.49 billion market cap company. The stock decreased 0.25% or $0.1 during the last trading session, reaching $39.7. About 41,348 shares traded. Fox Factory Holding Corp (NASDAQ:FOXF) has risen 109.03% since February 15, 2017 and is uptrending. It has outperformed by 92.33% the S&P500.

Reaves W H & Company Inc decreased its stake in Sempra Energy Com (SRE) by 2.27% based on its latest 2017Q3 regulatory filing with the SEC. Reaves W H & Company Inc sold 22,694 shares as the company’s stock rose 5.34% with the market. The institutional investor held 979,100 shares of the natural gas distribution company at the end of 2017Q3, valued at $111.74 million, down from 1.00M at the end of the previous reported quarter. Reaves W H & Company Inc who had been investing in Sempra Energy Com for a number of months, seems to be less bullish one the $29.83 billion market cap company. The stock increased 1.65% or $1.7425 during the last trading session, reaching $107.2125. About 455,673 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.

Reaves W H & Company Inc, which manages about $3.03B and $2.76 billion US Long portfolio, upped its stake in Enterprise Products Partners L (NYSE:EPD) by 250,000 shares to 1.72 million shares, valued at $44.80 million in 2017Q3, according to the filing. It also increased its holding in Sba Communications Cor Cl A by 5,812 shares in the quarter, for a total of 129,861 shares, and has risen its stake in Southern Co Com (NYSE:SO).

Analysts await Sempra Energy (NYSE:SRE) to report earnings on February, 27. They expect $1.39 EPS, down 8.55% or $0.13 from last year’s $1.52 per share. SRE’s profit will be $386.73M for 19.28 P/E if the $1.39 EPS becomes a reality. After $1.04 actual EPS reported by Sempra Energy for the previous quarter, Wall Street now forecasts 33.65% EPS growth.

Investors sentiment increased to 1.19 in 2017 Q3. Its up 0.18, from 1.01 in 2017Q2. It improved, 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. Next Gru reported 166 shares. United Kingdom-based Hsbc Hldgs Public Limited has invested 0.03% in Sempra Energy (NYSE:SRE). Arizona State Retirement System reported 80,174 shares. Price T Rowe Assoc Md has invested 0.04% of its portfolio in Sempra Energy (NYSE:SRE). Mcf Advsrs Limited Liability Company holds 0% in Sempra Energy (NYSE:SRE) or 10 shares. Nuveen Asset Ltd holds 14,721 shares or 0.01% of its portfolio. United Automobile Association has 78,366 shares. Gradient Investments Ltd Liability Corporation stated it has 8,155 shares. Ci Investments accumulated 927,960 shares or 0.97% of the stock. Opus Group Incorporated Limited Liability Company holds 4,641 shares or 0.12% of its portfolio. Stevens Capital Mgmt Limited Partnership reported 0.29% stake. Rnc Mngmt Ltd Liability Corporation reported 1,863 shares. Salem Counselors owns 4,505 shares for 0.06% of their portfolio. Capstone Investment Ltd Limited Liability Company owns 0.01% invested in Sempra Energy (NYSE:SRE) for 1,900 shares. Panagora Asset Mgmt invested in 27,457 shares.

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. JP Morgan maintained Sempra Energy (NYSE:SRE) on Thursday, October 12 with “Neutral” rating. BMO Capital Markets maintained it with “Hold” rating and $11800 target in Friday, August 4 report. RBC Capital Markets maintained the shares of SRE in report on Monday, January 25 with “Outperform” rating. The rating was downgraded by Barclays Capital to “Equal-Weight” on Thursday, June 8. The rating was upgraded by Goldman Sachs to “Buy” on Wednesday, October 11. The rating was downgraded by Bank of America on Friday, December 22 to “Hold”. The rating was maintained by Morgan Stanley with “Overweight” on Thursday, August 10. The rating was maintained by RBC Capital Markets with “Buy” on Sunday, October 1. The stock has “Buy” rating by Wells Fargo on Wednesday, January 3. The firm has “Buy” rating by RBC Capital Markets given on Sunday, November 5.

Among 10 analysts covering Fox Factory Holding Corp. (NASDAQ:FOXF), 2 have Buy rating, 0 Sell and 8 Hold. Therefore 20% are positive. Fox Factory Holding Corp. had 17 analyst reports since August 4, 2016 according to SRatingsIntel. Robert W. Baird maintained the stock with “Hold” rating in Thursday, September 28 report. The firm has “Buy” rating by DA Davidson given on Thursday, February 8. The firm has “Hold” rating by Stifel Nicolaus given on Thursday, August 3. C.L. King downgraded the shares of FOXF in report on Thursday, June 1 to “Hold” rating. On Wednesday, July 12 the stock rating was downgraded by Bank of America to “Neutral”. The stock of Fox Factory Holding Corp (NASDAQ:FOXF) earned “Buy” rating by SunTrust on Thursday, August 4. The stock of Fox Factory Holding Corp (NASDAQ:FOXF) earned “Neutral” rating by DA Davidson on Wednesday, May 17. The stock of Fox Factory Holding Corp (NASDAQ:FOXF) earned “Neutral” rating by CL King on Thursday, June 1. The firm has “Neutral” rating by Bank of America given on Tuesday, October 24. William Blair downgraded Fox Factory Holding Corp (NASDAQ:FOXF) on Friday, October 13 to “Hold” rating.

Navellier & Associates Inc, which manages about $2.37 billion and $514.86 million US Long portfolio, decreased its stake in Kulicke & Soffa Industries Inc (NASDAQ:KLIC) by 56,694 shares to 18,341 shares, valued at $396,000 in 2017Q3, according to the filing. It also reduced its holding in Amgen Inc. (NASDAQ:AMGN) by 12,500 shares in the quarter, leaving it with 26,000 shares, and cut its stake in Walt Disney Co. (NYSE:DIS).

Since August 14, 2017, it had 0 insider buys, and 4 sales for $4.33 million activity. The insider KATHERMAN WILLIAM H sold $780,568. ENTERLINE LARRY L sold $2.86 million worth of Fox Factory Holding Corp (NASDAQ:FOXF) on Thursday, December 14.

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