CMS Energy Co. (NYSE:CMS) Shares Acquired by Mather Group LLC.

Mather Group LLC. increased its position in shares of CMS Energy Co. (NYSE:CMSFree Report) by 5.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,996 shares of the utilities provider’s stock after purchasing an additional 220 shares during the period. Mather Group LLC.’s holdings in CMS Energy were worth $266,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the business. First Horizon Advisors Inc. boosted its position in shares of CMS Energy by 171.9% during the 3rd quarter. First Horizon Advisors Inc. now owns 435 shares of the utilities provider’s stock worth $31,000 after acquiring an additional 275 shares in the last quarter. Richardson Financial Services Inc. lifted its stake in CMS Energy by 106.8% during the fourth quarter. Richardson Financial Services Inc. now owns 455 shares of the utilities provider’s stock worth $30,000 after purchasing an additional 235 shares during the last quarter. Brooklyn Investment Group acquired a new position in CMS Energy in the third quarter valued at approximately $40,000. Covestor Ltd increased its stake in CMS Energy by 206.1% in the third quarter. Covestor Ltd now owns 701 shares of the utilities provider’s stock valued at $50,000 after purchasing an additional 472 shares during the last quarter. Finally, Values First Advisors Inc. acquired a new stake in CMS Energy during the third quarter worth approximately $56,000. Hedge funds and other institutional investors own 93.57% of the company’s stock.

Analyst Ratings Changes

CMS has been the subject of several research analyst reports. Scotiabank upped their target price on shares of CMS Energy from $75.00 to $77.00 and gave the company a “sector outperform” rating in a report on Thursday, December 12th. BMO Capital Markets dropped their price objective on CMS Energy from $77.00 to $76.00 and set an “outperform” rating on the stock in a report on Friday, November 1st. StockNews.com upgraded CMS Energy from a “sell” rating to a “hold” rating in a research report on Wednesday. Barclays upped their target price on CMS Energy from $65.00 to $68.00 and gave the company an “equal weight” rating in a research report on Tuesday, October 15th. Finally, Jefferies Financial Group began coverage on CMS Energy in a research report on Tuesday, November 5th. They set a “buy” rating and a $76.00 price target on the stock. Seven analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, CMS Energy has an average rating of “Moderate Buy” and a consensus price target of $71.00.

Check Out Our Latest Stock Report on CMS Energy

Insider Activity at CMS Energy

In other CMS Energy news, CAO Scott B. Mcintosh sold 936 shares of the firm’s stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $68.50, for a total value of $64,116.00. Following the completion of the sale, the chief accounting officer now owns 24,417 shares of the company’s stock, valued at approximately $1,672,564.50. This trade represents a 3.69 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director John G. Russell sold 28,750 shares of the company’s stock in a transaction on Thursday, December 19th. The stock was sold at an average price of $65.85, for a total transaction of $1,893,187.50. Following the transaction, the director now directly owns 144,059 shares in the company, valued at approximately $9,486,285.15. This trade represents a 16.64 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 33,686 shares of company stock worth $2,228,084 over the last three months. 0.53% of the stock is currently owned by corporate insiders.

CMS Energy Stock Performance

Shares of CMS opened at $68.19 on Friday. The stock has a market capitalization of $20.38 billion, a P/E ratio of 19.48, a P/E/G ratio of 2.39 and a beta of 0.42. The company has a debt-to-equity ratio of 1.86, a quick ratio of 0.83 and a current ratio of 1.23. CMS Energy Co. has a 1 year low of $55.10 and a 1 year high of $72.40. The company’s fifty day moving average is $66.84 and its two-hundred day moving average is $67.79.

CMS Energy (NYSE:CMSGet Free Report) last issued its quarterly earnings results on Thursday, February 6th. The utilities provider reported $0.87 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.86 by $0.01. CMS Energy had a net margin of 14.01% and a return on equity of 12.81%. On average, sell-side analysts predict that CMS Energy Co. will post 3.33 earnings per share for the current year.

CMS Energy Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Monday, February 17th will be issued a $0.5425 dividend. This is a boost from CMS Energy’s previous quarterly dividend of $0.52. This represents a $2.17 annualized dividend and a dividend yield of 3.18%. CMS Energy’s dividend payout ratio (DPR) is currently 58.86%.

CMS Energy Company Profile

(Free Report)

CMS Energy Corporation operates as an energy company primarily in Michigan. The company operates through three segments: Electric Utility; Gas Utility; and Enterprises. The Electric Utility segment is involved in the generation, purchase, transmission, distribution, and sale of electricity. This segment generates electricity through coal, wind, gas, renewable energy, oil, and nuclear sources.

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Institutional Ownership by Quarter for CMS Energy (NYSE:CMS)

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