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Mirae Asset Global Investments Co. Ltd. Buys 17,318 Shares of Sempra Energy $SRE
Mirae Asset Global Investments Co. Ltd. significantly increased its stake in Sempra Energy (NYSE:SRE) by 20.3% in the fourth quarter, adding 17,318 shares to hold a total of 102,652 shares valued at $9.06 million. This move comes as other institutional investors also adjusted their positions in the utilities provider. Sempra Energy has received a consensus “Moderate Buy” rating from analysts with an average price target of $101.64, and the company recently raised its quarterly dividend while reporting earnings that beat estimates.