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Jennison Associates boosted its Sempra Energy shares by 8.5%, as the company's Q4 earnings missed estimates.
Jennison Associates increased its stake in Sempra Energy by 8.5%, acquiring 156,666 shares, and other institutional investors have also adjusted their holdings.
Sempra reported Q4 earnings of $0.89 per share, falling short of the $1.05 consensus estimate.
Analysts have mixed views, with multiple "buy" ratings and one "sell" rating.
The company has a market cap of $52.49 billion and offers a 2.99% dividend yield.
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Jennison Associates aumentó sus acciones de Sempra Energy en un 8,5%, ya que las ganancias del Q4 de la compañía fallaron en las estimaciones.