Royal Bank of Canada Boosts Stake in Sempra Energy

Royal Bank of Canada increased its stake in Sempra Energy by 5.5% during the first quarter, according to its recent 13F filing with the SEC. The bank acquired an additional 79,147 shares, bringing its total ownership to 1,522,855 shares. This represents a significant investment in the utility provider's stock, valued at $147,974,000 or approximately 0.23% of Sempra Energy's total outstanding shares.

Other institutional investors also made changes to their positions in Sempra Energy during the quarter. Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake by 4.9%, while Carnegie Investment Counsel increased its holding by 15.5%. Vanguard Group Inc. lifted its stake by 1.3%.

Insiders have sold a total of 13,900 shares of company stock valued at $1,261,207 over the last quarter. Sempra Energy's quarterly dividend was paid on July 15th, with an ex-dividend date of June 25th. The payout ratio is approximately 89.15%.