Canada Post Corp Registered Pension Plan has significantly increased its stake in Sempra Energy, purchasing an additional 52,274 shares to bring its total holdings to 75,410 shares valued at approximately $6.76 million. This move comes as Sempra Energy reported stronger-than-expected earnings, with EPS of $1.11 and revenue up 13.5% year-over-year. While institutional ownership remains high, some corporate insiders have recently sold shares, though analysts maintain a “Moderate Buy” rating with a target price of $95.83.
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Canada Post Corp Registered Pension Plan Purchases 52,274 Shares of Sempra Energy $SRE
Canada Post Corp Registered Pension Plan has significantly increased its stake in Sempra Energy, purchasing an additional 52,274 shares to bring its total holdings to 75,410 shares valued at approximately $6.76 million. This move comes as Sempra Energy reported stronger-than-expected earnings, with EPS of $1.11 and revenue up 13.5% year-over-year. While institutional ownership remains high, some corporate insiders have recently sold shares, though analysts maintain a “Moderate Buy” rating with a target price of $95.83.