Kepler Cheuvreux Suisse SA Invests $5.30 Million in Sempra Energy

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Kepler Cheuvreux Suisse SA purchased a new stake of 58,875 shares in Sempra Energy (NYSE:SRE) during the third quarter, valued at approximately $5,298,000. The investment firm's move comes as several other hedge funds and institutional investors also recently made changes to their positions in Sempra Energy.

Why it matters

Sempra Energy is a major energy infrastructure company that develops, owns and operates businesses delivering electricity and natural gas. This investment by Kepler Cheuvreux Suisse SA signals confidence in Sempra Energy's operations and future growth prospects.

The details

According to the 13F filing, Kepler Cheuvreux Suisse SA purchased the new stake in Sempra Energy during the third quarter. The firm now holds 58,875 shares of the utilities provider's stock, valued at around $5.30 million. Several other hedge funds and institutional investors also made changes to their Sempra Energy holdings in recent quarters, including Mirae Asset Global Investments, Westerkirk Capital, and Amundi.

• Kepler Cheuvreux Suisse SA purchased the new stake in Sempra Energy during the third quarter.