Czech National Bank Has $3.13 Million Stock Position in CMS Energy Co. (NYSE:CMS)

Czech National Bank grew its position in shares of CMS Energy Co. (NYSE:CMS) by 1.4% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 51,807 shares of the utilities provider’s stock after acquiring an additional 707 shares during the quarter. Czech National Bank’s holdings in CMS Energy were worth $3,126,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. CI Investments Inc. boosted its position in CMS Energy by 3.0% during the 3rd quarter. CI Investments Inc. now owns 6,415 shares of the utilities provider’s stock worth $341,000 after acquiring an additional 185 shares during the last quarter. Benjamin F. Edwards & Company Inc. raised its stake in shares of CMS Energy by 30.8% during the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 785 shares of the utilities provider’s stock worth $46,000 after purchasing an additional 185 shares in the last quarter. Orion Portfolio Solutions LLC raised its stake in shares of CMS Energy by 0.9% during the 4th quarter. Orion Portfolio Solutions LLC now owns 20,607 shares of the utilities provider’s stock worth $1,228,000 after purchasing an additional 192 shares in the last quarter. Parallel Advisors LLC raised its stake in shares of CMS Energy by 19.8% during the 4th quarter. Parallel Advisors LLC now owns 1,458 shares of the utilities provider’s stock worth $85,000 after purchasing an additional 241 shares in the last quarter. Finally, IFM Investors Pty Ltd raised its stake in shares of CMS Energy by 0.3% during the 4th quarter. IFM Investors Pty Ltd now owns 97,475 shares of the utilities provider’s stock worth $5,660,000 after purchasing an additional 269 shares in the last quarter. Institutional investors and hedge funds own 93.57% of the company’s stock.

Wall Street Analyst Weigh In

CMS has been the topic of a number of analyst reports. Morgan Stanley upped their price objective on CMS Energy from $57.00 to $61.00 and gave the stock an “equal weight” rating in a research note on Tuesday, May 28th. BMO Capital Markets upped their price objective on CMS Energy from $68.00 to $71.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 14th. UBS Group cut CMS Energy from a “buy” rating to a “neutral” rating and set a $65.00 price objective on the stock. in a research note on Thursday, April 4th. Royal Bank of Canada dropped their price objective on CMS Energy from $65.00 to $63.00 and set an “outperform” rating on the stock in a research note on Monday, March 4th. Finally, Barclays increased their price target on CMS Energy from $57.00 to $59.00 and gave the company an “equal weight” rating in a research note on Tuesday, April 30th. One research analyst has rated the stock with a sell rating, four have given a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $64.27.

Insider Buying and Selling at CMS Energy

In other CMS Energy news, Director Jon E. Barfield sold 2,360 shares of the company’s stock in a transaction on Friday, June 7th. The stock was sold at an average price of $60.79, for a total value of $143,464.40. Following the transaction, the director now directly owns 14,556 shares of the company’s stock, valued at approximately $884,859.24. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In other news, Director Jon E. Barfield sold 2,360 shares of the stock in a transaction on Friday, June 7th. The stock was sold at an average price of $60.79, for a total transaction of $143,464.40. Following the sale, the director now directly owns 14,556 shares of the company’s stock, valued at approximately $884,859.24. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, SVP Brian F. Rich sold 2,000 shares of the stock in a transaction on Thursday, May 2nd. The stock was sold at an average price of $61.10, for a total value of $122,200.00. Following the sale, the senior vice president now directly owns 97,682 shares in the company, valued at $5,968,370.20. The disclosure for this sale can be found here. Insiders have sold a total of 6,027 shares of company stock valued at $365,651 in the last ninety days. 0.40% of the stock is currently owned by corporate insiders.

CMS Energy Stock Up 0.1 %

CMS opened at $59.55 on Friday. CMS Energy Co. has a 1-year low of $49.87 and a 1-year high of $63.76. The stock’s fifty day simple moving average is $60.91 and its 200 day simple moving average is $59.05. The company has a current ratio of 1.35, a quick ratio of 1.05 and a debt-to-equity ratio of 1.82. The stock has a market cap of $17.75 billion, a PE ratio of 18.16, a price-to-earnings-growth ratio of 2.34 and a beta of 0.40.

CMS Energy (NYSE:CMS) last issued its quarterly earnings data on Thursday, April 25th. The utilities provider reported $0.97 EPS for the quarter, beating analysts’ consensus estimates of $0.92 by $0.05. CMS Energy had a return on equity of 12.83% and a net margin of 13.19%. The firm had revenue of $2.18 billion for the quarter, compared to analyst estimates of $2.32 billion. During the same period in the prior year, the firm posted $0.70 EPS. The company’s revenue for the quarter was down 4.7% on a year-over-year basis. As a group, research analysts expect that CMS Energy Co. will post 3.33 earnings per share for the current year.

CMS Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 31st. Shareholders of record on Wednesday, May 15th were issued a $0.515 dividend. This represents a $2.06 dividend on an annualized basis and a yield of 3.46%. The ex-dividend date was Tuesday, May 14th. CMS Energy’s dividend payout ratio is 62.80%.

About CMS Energy

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.