Rampart Investment Management Company LLC increased its stake in CMS Energy Co. (NYSE:CMS) by 168.7% in the 4th quarter, HoldingsChannel.com reports. The firm owned 21,678 shares of the utilities provider’s stock after buying an additional 13,610 shares during the quarter. Rampart Investment Management Company LLC’s holdings in CMS Energy were worth $1,076,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of CMS. Reilly Financial Advisors LLC acquired a new stake in CMS Energy in the fourth quarter worth about $25,000. Clean Yield Group acquired a new stake in CMS Energy in the fourth quarter worth about $27,000. Oregon Public Employees Retirement Fund lifted its holdings in CMS Energy by 4,803.7% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 1,513,878 shares of the utilities provider’s stock worth $30,000 after purchasing an additional 1,483,006 shares during the period. Advisors Preferred LLC acquired a new stake in CMS Energy in the 4th quarter valued at about $31,000. Finally, Capital Investment Advisory Services LLC acquired a new stake in CMS Energy in the 4th quarter valued at about $50,000. 93.32% of the stock is owned by institutional investors and hedge funds.

NYSE CMS traded down $0.08 on Tuesday, hitting $52.70. 182,069 shares of the company were exchanged, compared to its average volume of 2,314,084. The company has a current ratio of 0.94, a quick ratio of 0.69 and a debt-to-equity ratio of 2.23. The company has a market cap of $14.96 billion, a PE ratio of 22.62, a PEG ratio of 3.32 and a beta of 0.19. CMS Energy Co. has a twelve month low of $41.98 and a twelve month high of $53.82.

CMS Energy (NYSE:CMS) last posted its quarterly earnings data on Thursday, January 31st. The utilities provider reported $0.40 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.41 by ($0.01). The company had revenue of $1.83 billion for the quarter, compared to analyst estimates of $1.54 billion. CMS Energy had a return on equity of 13.93% and a net margin of 9.56%. During the same quarter in the previous year, the firm posted $0.51 EPS. Research analysts forecast that CMS Energy Co. will post 2.5 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 28th. Shareholders of record on Friday, February 1st will be issued a dividend of $0.3825 per share. This represents a $1.53 annualized dividend and a yield of 2.90%. The ex-dividend date of this dividend is Thursday, January 31st. This is an increase from CMS Energy’s previous quarterly dividend of $0.36. CMS Energy’s payout ratio is presently 65.67%.

CMS has been the subject of a number of research analyst reports. Zacks Investment Research raised shares of CMS Energy from a “hold” rating to a “buy” rating and set a $56.00 price target for the company in a report on Monday, January 14th. ValuEngine raised shares of CMS Energy from a “hold” rating to a “buy” rating in a report on Wednesday, October 24th. Scotiabank reissued a “buy” rating and issued a $54.00 price target on shares of CMS Energy in a report on Friday, December 14th. Barclays upped their price target on shares of CMS Energy from $51.00 to $52.00 and gave the company an “equal weight” rating in a report on Monday, November 19th. Finally, SunTrust Banks reissued a “hold” rating and issued a $55.00 price target on shares of CMS Energy in a report on Tuesday, December 18th. Nine research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $52.91.

In other CMS Energy news, SVP Catherine M. Reynolds sold 8,187 shares of the business’s stock in a transaction dated Tuesday, February 12th. The stock was sold at an average price of $53.02, for a total transaction of $434,074.74. Following the sale, the senior vice president now owns 129,389 shares in the company, valued at approximately $6,860,204.78. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.57% of the stock is currently owned by insiders.

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CMS Energy Profile

CMS Energy Corporation operates as an energy company primarily in Michigan. The company operates in three segments: Electric Utility, Gas Utility, and Enterprises. The Electric Utility segment is involved in the generation, purchase, transmission, distribution, and sale of electricity. The segment generates electricity through coal, gas, renewable energy, oil, and nuclear sources.

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

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