State of Michigan Retirement System Sells 30,100 Shares of Sempra Energy $SRE

The State of Michigan Retirement System significantly decreased its holdings in Sempra Energy by 15.0% in Q4, selling 30,100 shares and retaining 170,920 shares valued at approximately $15.09 million. Despite this, Sempra Energy reported strong Q4 EPS, a raised quarterly dividend, and maintains a “Moderate Buy” consensus rating from analysts with an average price target of $102.67. Insider activity indicates modest selling over the past three months, while institutional ownership remains high at nearly 90%.

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