BLB&B Advisors LLC cut its position in shares of CMS Energy Co. (NYSE:CMS) by 4.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 59,235 shares of the utilities provider’s stock after selling 2,450 shares during the quarter. BLB&B Advisors LLC’s holdings in CMS Energy were worth $2,802,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Clarius Group LLC boosted its holdings in CMS Energy by 0.6% during the second quarter. Clarius Group LLC now owns 5,320 shares of the utilities provider’s stock worth $247,000 after purchasing an additional 34 shares during the last quarter. ETRADE Capital Management LLC boosted its holdings in CMS Energy by 0.4% during the second quarter. ETRADE Capital Management LLC now owns 25,141 shares of the utilities provider’s stock worth $1,163,000 after purchasing an additional 88 shares during the last quarter. Sentry Investment Management LLC boosted its holdings in CMS Energy by 0.9% during the second quarter. Sentry Investment Management LLC now owns 21,980 shares of the utilities provider’s stock worth $1,017,000 after purchasing an additional 201 shares during the last quarter. Dana Investment Advisors Inc. boosted its holdings in CMS Energy by 5.4% during the second quarter. Dana Investment Advisors Inc. now owns 4,849 shares of the utilities provider’s stock worth $224,000 after purchasing an additional 249 shares during the last quarter. Finally, Veritable L.P. boosted its holdings in CMS Energy by 2.3% during the second quarter. Veritable L.P. now owns 11,143 shares of the utilities provider’s stock worth $515,000 after purchasing an additional 251 shares during the last quarter. Institutional investors and hedge funds own 87.25% of the company’s stock.

CMS Energy Co. (NYSE:CMS) traded down $0.38 on Tuesday, reaching $44.01. 3,402,000 shares of the company’s stock were exchanged, compared to its average volume of 2,301,656. The company has a current ratio of 0.94, a quick ratio of 0.59 and a debt-to-equity ratio of 1.99. The stock has a market capitalization of $12,410.00, a PE ratio of 22.80, a price-to-earnings-growth ratio of 2.93 and a beta of 0.19. CMS Energy Co. has a 52-week low of $41.58 and a 52-week high of $50.85.

CMS Energy (NYSE:CMS) last released its earnings results on Thursday, October 26th. The utilities provider reported $0.62 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.55 by $0.07. The firm had revenue of $1.53 billion for the quarter, compared to analysts’ expectations of $1.60 billion. CMS Energy had a net margin of 8.38% and a return on equity of 12.30%. The company’s quarterly revenue was down 3.8% on a year-over-year basis. During the same period in the previous year, the company earned $0.70 earnings per share. sell-side analysts expect that CMS Energy Co. will post 2.17 EPS for the current year.

Several research firms recently weighed in on CMS. Zacks Investment Research cut shares of CMS Energy from a “hold” rating to a “sell” rating in a report on Friday, October 13th. SunTrust Banks restated a “hold” rating and set a $46.00 price target on shares of CMS Energy in a report on Tuesday, December 26th. Bank of America began coverage on shares of CMS Energy in a report on Tuesday, October 24th. They set a “buy” rating and a $52.00 price target on the stock. Morgan Stanley restated an “equal weight” rating and set a $52.00 price target on shares of CMS Energy in a report on Wednesday, December 13th. Finally, Wells Fargo & Co upgraded shares of CMS Energy from a “market perform” rating to an “outperform” rating in a research note on Monday, December 18th. Six analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $49.25.

In related news, insider David G. Mengebier sold 2,500 shares of the company’s stock in a transaction that occurred on Monday, November 20th. The shares were sold at an average price of $49.48, for a total transaction of $123,700.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Dhenuvakonda Rao Venkat sold 1,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 1st. The shares were sold at an average price of $48.02, for a total transaction of $48,020.00. Following the sale, the insider now owns 28,176 shares in the company, valued at $1,353,011.52. The disclosure for this sale can be found here. Corporate insiders own 0.65% of the company’s stock.

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CMS Energy Company Profile

CMS Energy Corporation is an energy company operating primarily in Michigan. The Company operates through three segments: electric utility, which consists of regulated activities associated with the generation, transmission and distribution of electricity in Michigan; gas utility, which consists of regulated activities associated with the transportation, storage and distribution of natural gas in Michigan, and enterprises, which consists of various subsidiaries engaging primarily in domestic independent power production.

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

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