Stephens Consulting LLC Acquires 225 Shares of CMS Energy Co. (NYSE:CMS)

Stephens Consulting LLC increased its holdings in CMS Energy Co. (NYSE:CMS) by 5.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,327 shares of the utilities provider’s stock after acquiring an additional 225 shares during the period. Stephens Consulting LLC’s holdings in CMS Energy were worth $288,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. Cetera Investment Advisers raised its stake in shares of CMS Energy by 6.2% in the second quarter. Cetera Investment Advisers now owns 27,850 shares of the utilities provider’s stock worth $1,658,000 after purchasing an additional 1,631 shares during the last quarter. Sanctuary Advisors LLC purchased a new stake in CMS Energy in the 2nd quarter valued at $1,539,000. Czech National Bank lifted its stake in CMS Energy by 6.9% during the 3rd quarter. Czech National Bank now owns 60,854 shares of the utilities provider’s stock valued at $4,298,000 after acquiring an additional 3,947 shares in the last quarter. GAMMA Investing LLC boosted its holdings in CMS Energy by 29.1% during the 3rd quarter. GAMMA Investing LLC now owns 10,733 shares of the utilities provider’s stock worth $758,000 after acquiring an additional 2,418 shares during the last quarter. Finally, Mather Group LLC. boosted its holdings in CMS Energy by 14.6% during the 3rd quarter. Mather Group LLC. now owns 3,776 shares of the utilities provider’s stock worth $267,000 after acquiring an additional 480 shares during the last quarter. Institutional investors own 93.57% of the company’s stock.

Insider Buying and Selling at CMS Energy

In other news, SVP Brandon J. Hofmeister sold 2,000 shares of CMS Energy stock in a transaction on Friday, December 13th. The stock was sold at an average price of $67.22, for a total value of $134,440.00. Following the completion of the transaction, the senior vice president now directly owns 63,197 shares in the company, valued at approximately $4,248,102.34. The trade was a 3.07 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director John G. Russell sold 28,750 shares of the stock in a transaction dated Thursday, December 19th. The stock was sold at an average price of $65.85, for a total value of $1,893,187.50. Following the sale, the director now directly owns 144,059 shares in the company, valued at $9,486,285.15. This trade represents a 16.64 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 33,686 shares of company stock valued at $2,228,084 over the last three months. 0.53% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

CMS has been the subject of several analyst reports. Scotiabank increased 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. Barclays increased their price objective on shares of CMS Energy from $65.00 to $68.00 and gave the company an “equal weight” rating in a research note on Tuesday, October 15th. Wells Fargo & Company boosted their target price on CMS Energy from $70.00 to $77.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 16th. StockNews.com raised CMS Energy from a “sell” rating to a “hold” rating in a research report on Friday, January 24th. Finally, Mizuho lowered CMS Energy from an “outperform” rating to a “neutral” rating and dropped their price target for the stock from $76.00 to $72.00 in a report on Tuesday, October 15th. Seven research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $71.00.

CMS Energy Stock Up 0.8 %

Shares of NYSE CMS opened at $66.52 on Tuesday. The company has a debt-to-equity ratio of 1.86, a current ratio of 1.23 and a quick ratio of 0.83. The stock has a market capitalization of $19.87 billion, a PE ratio of 19.00, a P/E/G ratio of 2.39 and a beta of 0.42. CMS Energy Co. has a one year low of $55.10 and a one year high of $72.40. The business’s fifty day moving average price is $67.06 and its 200-day moving average price is $67.73.

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.