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Sempra Energy $SRE Shares Sold by Principal Financial Group Inc.
Principal Financial Group Inc. reduced its stake in Sempra Energy (NYSE:SRE) by 6.6% in the fourth quarter, selling 120,005 shares. Despite this, other institutional investors increased their holdings, and 89.65% of the stock is owned by hedge funds and institutions. The article also covers Sempra Energy’s recent financial performance, including exceeding Q4 EPS estimates, its increased quarterly dividend, and recent insider trading activities, alongside updated analyst ratings.