First Allied Advisory Services Inc. decreased its stake in CMS Energy Corporation (NYSE:CMS) by 4.4% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 13,186 shares of the company’s stock after selling 607 shares during the period. First Allied Advisory Services Inc.’s holdings in CMS Energy Corporation were worth $549,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Blue Chip Partners Inc. boosted its position in CMS Energy Corporation by 0.7% in the second quarter. Blue Chip Partners Inc. now owns 4,708 shares of the company’s stock valued at $216,000 after buying an additional 35 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its position in CMS Energy Corporation by 0.4% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 16,000 shares of the company’s stock valued at $666,000 after buying an additional 64 shares during the last quarter. Transamerica Financial Advisors Inc. boosted its position in CMS Energy Corporation by 0.5% in the second quarter. Transamerica Financial Advisors Inc. now owns 13,819 shares of the company’s stock valued at $634,000 after buying an additional 72 shares during the last quarter. Mn Services Vermogensbeheer B.V. boosted its position in CMS Energy Corporation by 2.2% in the third quarter. Mn Services Vermogensbeheer B.V. now owns 7,176 shares of the company’s stock valued at $301,000 after buying an additional 154 shares during the last quarter. Finally, Aviance Capital Management LLC boosted its position in CMS Energy Corporation by 0.8% in the third quarter. Aviance Capital Management LLC now owns 22,658 shares of the company’s stock valued at $952,000 after buying an additional 190 shares during the last quarter. Hedge funds and other institutional investors own 88.34% of the company’s stock.

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

CMS Energy Corporation (NYSE:CMS) traded up 0.75% during midday trading on Thursday, hitting $43.09. 1,297,142 shares of the company traded hands. CMS Energy Corporation has a 12-month low of $38.32 and a 12-month high of $46.25. The firm has a market capitalization of $12.05 billion, a PE ratio of 21.76 and a beta of 0.08. The stock’s 50-day moving average is $42.18 and its 200-day moving average is $41.85.

CMS Energy Corporation (NYSE:CMS) last announced its quarterly earnings data on Thursday, February 2nd. The company reported $0.29 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.29. The business had revenue of $1.64 billion for the quarter, compared to analyst estimates of $2.15 billion. CMS Energy Corporation had a net margin of 8.61% and a return on equity of 13.31%. CMS Energy Corporation’s revenue was up 8.7% compared to the same quarter last year. During the same period in the prior year, the business posted $0.38 earnings per share. Analysts anticipate that CMS Energy Corporation will post $2.17 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, February 28th. Shareholders of record on Friday, February 3rd will be issued a $0.3325 dividend. The ex-dividend date of this dividend is Wednesday, February 1st. This is a positive change from CMS Energy Corporation’s previous quarterly dividend of $0.31. This represents a $1.33 annualized dividend and a yield of 3.09%. CMS Energy Corporation’s dividend payout ratio (DPR) is 66.83%.

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Several equities analysts have weighed in on the stock. RBC Capital Markets reiterated a “hold” rating and set a $46.00 price objective on shares of CMS Energy Corporation in a research report on Wednesday, January 4th. Zacks Investment Research cut shares of CMS Energy Corporation from a “hold” rating to a “sell” rating in a research report on Tuesday, January 10th. Finally, Credit Suisse Group began coverage on shares of CMS Energy Corporation in a research report on Wednesday, January 25th. They set a “neutral” rating and a $44.00 price objective on the stock. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and four have given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $44.90.

CMS Energy Corporation Company Profile

CMS Energy Corporation (CMS Energy) is an energy company operating primarily in Michigan. The Company operates in three segments, which include Consumers Electric Utility, Consumers Gas Utility and Enterprises (non-utility operations and investments). CMS Energy, through its subsidiaries and equity investments, is engaged primarily in independent power production and owns power generation facilities fueled by natural gas and biomass.

5 Day Chart for NYSE:CMS

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