Mitsubishi UFJ Trust & Banking Corp Lowers Holdings in Sempra Energy $SRE

Mitsubishi UFJ Trust & Banking Corp reduced its stake in Sempra Energy by 15.2% during Q4, selling 411,504 shares and ending with 2,303,372 shares valued at approximately $203.4 million. Despite this reduction, institutional ownership remains high at 89.65%, with several other major institutions increasing their positions. Analysts maintain a “Moderate Buy” rating with a $102.67 average target price, and the company recently raised its quarterly dividend to $0.6575 following an earnings beat.

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