Public Employees Retirement Association of Colorado increased its position in shares of CMS Energy Co. (NYSE:CMS) by 3.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 52,743 shares of the utilities provider’s stock after purchasing an additional 1,782 shares during the period. Public Employees Retirement Association of Colorado’s holdings in CMS Energy were worth $2,495,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. CIBC Asset Management Inc increased its position in CMS Energy by 8.7% during the fourth quarter. CIBC Asset Management Inc now owns 30,973 shares of the utilities provider’s stock worth $1,465,000 after purchasing an additional 2,479 shares during the last quarter. Aperio Group LLC increased its position in CMS Energy by 2.2% during the fourth quarter. Aperio Group LLC now owns 151,372 shares of the utilities provider’s stock worth $7,160,000 after purchasing an additional 3,221 shares during the last quarter. Victory Capital Management Inc. increased its position in CMS Energy by 11.6% during the fourth quarter. Victory Capital Management Inc. now owns 85,644 shares of the utilities provider’s stock worth $4,051,000 after purchasing an additional 8,905 shares during the last quarter. BNP Paribas Arbitrage SA increased its position in CMS Energy by 39.7% during the fourth quarter. BNP Paribas Arbitrage SA now owns 1,076,730 shares of the utilities provider’s stock worth $50,929,000 after purchasing an additional 305,716 shares during the last quarter. Finally, Quantitative Systematic Strategies LLC acquired a new stake in CMS Energy during the fourth quarter worth about $1,155,000. Hedge funds and other institutional investors own 87.33% of the company’s stock.

In other CMS Energy news, insider David G. Mengebier sold 2,500 shares of CMS Energy stock in a transaction dated 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 Securities & Exchange Commission, which is available through this link. 0.65% of the stock is owned by company insiders.

CMS has been the subject of several recent analyst reports. KeyCorp restated a “buy” rating and set a $51.00 price objective on shares of CMS Energy in a research report on Friday, October 20th. Bank of America initiated coverage on shares of CMS Energy in a research report on Tuesday, October 24th. They set a “buy” rating and a $52.00 price objective for the company. Zacks Investment Research upgraded shares of CMS Energy from a “sell” rating to a “hold” rating in a research report on Friday, October 27th. Morgan Stanley restated an “equal weight” rating and set a $52.00 price objective on shares of CMS Energy in a research 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 report on Monday, December 18th. Seven equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $48.41.

Shares of CMS Energy Co. (NYSE CMS) opened at $43.05 on Wednesday. CMS Energy Co. has a 12-month low of $40.48 and a 12-month high of $50.85. The firm has a market cap of $12,092.71, a PE ratio of 22.31, a price-to-earnings-growth ratio of 2.87 and a beta of 0.09. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.59 and a current ratio of 0.94.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, February 28th. Shareholders of record on Friday, February 16th will be given a dividend of $0.3575 per share. The ex-dividend date of this dividend is Thursday, February 15th. This is a boost from CMS Energy’s previous quarterly dividend of $0.33. This represents a $1.43 dividend on an annualized basis and a dividend yield of 3.32%. CMS Energy’s dividend payout ratio (DPR) is currently 68.91%.

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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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