Duke Energy Corporation (DUK)’s Financial Results Comparing With CMS Energy Corporation …

Duke Energy Corporation (NYSE:DUK) and CMS Energy Corporation (NYSE:CMS) compete with each other in the Electric Utilities sector. We will …

Duke Energy Corporation (NYSE:DUK) and CMS Energy Corporation (NYSE:CMS) compete with each other in the Electric Utilities sector. We will analyze and contrast their analyst recommendations, profitability, risk, dividends, earnings and valuation, institutional ownership.

Valuation & Earnings

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Duke Energy Corporation 24.12B 2.72 2.64B 3.77 23.86
CMS Energy Corporation 6.87B 2.25 657.00M 2.22 24.41

Table 1 showcases the top-line revenue, earnings per share (EPS) and valuation of Duke Energy Corporation and CMS Energy Corporation. CMS Energy Corporation appears to has lower revenue and earnings than Duke Energy Corporation. The business that is more affordable between the two has a lower P/E ratio. Duke Energy Corporation’s presently lower P/E ratio makes it the more affordable of the two businesses.

Profitability

Table 2 hightlights the return on equity, net margins and return on assets of the two companies.

Net Margins Return on Equity Return on Assets
Duke Energy Corporation 10.95% 6.6% 2%
CMS Energy Corporation 9.56% 14% 2.8%

Risk and Volatility

Duke Energy Corporation’s volatility measures that it’s 95.00% less volatile than S&P 500 due to its 0.05 beta. Competitively, CMS Energy Corporation’s beta is 0.18 which is 82.00% less volatile than S&P 500.

Liquidity

Duke Energy Corporation’s Current Ratio is 0.7 while its Quick Ratio is 0.5. On the competitive side is, CMS Energy Corporation which has a 0.9 Current Ratio and a 0.7 Quick Ratio. CMS Energy Corporation is better positioned to pay off short and long-term obligations compared to Duke Energy Corporation.

Dividends

Duke Energy Corporation pays out an annual dividend of $3.63 per share while its dividend yield is 4.06%. Meanwhile, CMS Energy Corporation’s annual dividend is $1.43 per share and it also boasts of a 2.63% dividend yield.

Analyst Recommendations

The Recommendations and Ratings for Duke Energy Corporation and CMS Energy Corporation are featured in the next table.

Sell Ratings Hold Ratings Buy Ratings Rating Score
Duke Energy Corporation 0 5 0 2.00
CMS Energy Corporation 0 8 2 2.20

Duke Energy Corporation has a consensus target price of $88.2, and a -2.22% downside potential. On the other hand, CMS Energy Corporation’s potential downside is -2.20% and its consensus target price is $53.44. Based on the results delivered earlier, CMS Energy Corporation is looking more favorable than Duke Energy Corporation, analysts opinion.

Insider & Institutional Ownership

Roughly 64% of Duke Energy Corporation shares are held by institutional investors while 95% of CMS Energy Corporation are owned by institutional investors. About 0.1% of Duke Energy Corporation’s share are held by insiders. Comparatively, CMS Energy Corporation has 0.5% of it’s share held by insiders.

Performance

In this table we provide the Weekly, Monthly, Quarterly, Half Yearly, Yearly and YTD Performance of both pretenders.

Performance (W) Performance (M) Performance (Q) Performance (HY) Performance (Y) Performance (YTD)
Duke Energy Corporation 0.45% 2.39% 2.6% 11.33% 18.95% 4.15%
CMS Energy Corporation 0.61% 3.86% 5.7% 9.97% 27.83% 9.06%

For the past year Duke Energy Corporation was less bullish than CMS Energy Corporation.

Summary

Duke Energy Corporation beats on 10 of the 17 factors CMS Energy Corporation.

Duke Energy Corporation, together with its subsidiaries, operates as an energy company in the United States. It operates through three segments: Electric Utilities and Infrastructure, Gas Utilities and Infrastructure, and Commercial Renewables. The Electric Utilities and Infrastructure segment generates, transmits, distributes, and sells electricity in the Carolinas, Florida, and the Midwest; uses coal, hydroelectric, natural gas, oil, renewable generation, and nuclear fuel to generate electricity; and engages in the wholesale of electricity to municipalities, electric cooperative utilities, and other load-serving entities. This segment serves approximately 7.5 million retail electric customers in 6 states in the Southeast and Midwest regions of the United States covering a service territory of approximately 95,000 square miles; and owns approximately 49,300 megawatts (MW) of generation capacity. The Gas Utilities and Infrastructure segment distributes natural gas to residential, commercial, industrial, and power generation natural gas customers; and owns, operates, and invests in various pipeline transmission and natural gas storage facilities. It has approximately 1.5 million customers, including 1 million customers located in North Carolina, South Carolina, and Tennessee, and as well as 529,000 customers located in southwestern Ohio and northern Kentucky. The Commercial Renewables segment acquires, builds, develops, and operates wind and solar renewable generation projects, including nonregulated renewable energy and energy storage services to utilities, electric cooperatives, municipalities, and commercial and industrial customers. This segment has 21 wind farms and 63 commercial solar farms with a capacity of 2,900 MW across 14 states. The company was formerly known as Duke Energy Holding Corp. and changed its name to Duke Energy Corporation in April 2005. Duke Energy Corporation was incorporated in 2005 and is headquartered in Charlotte, North Carolina.

CMS Energy Corporation operates as an energy company primarily in Michigan. It operates through three segments: Electric Utility, Gas Utility, and Enterprises. The Electric Utility segment engages in the generation, purchase, transmission, distribution, and sale of electricity. It generates electricity through fossil-fuel-fired plants, as well as renewable energy and nuclear sources. This segmentÂ’s transmission and distribution system includes 214 miles of transmission overhead lines; 188 miles of high-voltage distribution overhead lines; 4 miles of high-voltage distribution underground lines; 4,430 miles of high-voltage distribution overhead lines; 19 miles of high-voltage distribution underground lines; 56,067 miles of electric distribution overhead lines; 10,532 miles of underground distribution lines; and substations. The Gas Utility segment is involved in the purchase, transmission, storage, distribution, and sale of natural gas. This segmentÂ’s gas transmission, storage, and distribution system comprises 1,670 miles of transmission lines; 15 gas storage fields; 27,920 miles of distribution mains; and 8 compressor stations. The Enterprises segment engages in the independent power production and marketing activities; and development of renewable generation. As of December 31, 2016, this segment had ownership interests in independent power plants totaling 1,177 megawatts. The company also operates an industrial bank providing unsecured consumer installment loans for financing home improvements. It serves 1.8 million electric customers and 1.8 million gas customers, including residential, commercial, and diversified industrial customers in MichiganÂ’s Lower Peninsula. CMS Energy Corporation was founded in 1987 and is headquartered in Jackson, Michigan.

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CMS Energy Co. (CMS) Position Trimmed by First Capital Advisors Group LLC.

WINTON GROUP Ltd lifted its holdings in shares of CMS Energy by 18.7% in the fourth quarter. WINTON GROUP Ltd now owns 417,776 shares of the …

CMS Energy logoFirst Capital Advisors Group LLC. decreased its position in shares of CMS Energy Co. (NYSE:CMS) by 6.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,602 shares of the utilities provider’s stock after selling 418 shares during the quarter. First Capital Advisors Group LLC.’s holdings in CMS Energy were worth $278,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Mackenzie Financial Corp lifted its holdings in shares of CMS Energy by 276.3% in the fourth quarter. Mackenzie Financial Corp now owns 110,134 shares of the utilities provider’s stock worth $5,468,000 after acquiring an additional 80,866 shares during the last quarter. Cognios Capital LLC lifted its holdings in shares of CMS Energy by 22.6% in the fourth quarter. Cognios Capital LLC now owns 44,835 shares of the utilities provider’s stock worth $2,225,000 after acquiring an additional 8,259 shares during the last quarter. WINTON GROUP Ltd lifted its holdings in shares of CMS Energy by 18.7% in the fourth quarter. WINTON GROUP Ltd now owns 417,776 shares of the utilities provider’s stock worth $20,743,000 after acquiring an additional 65,922 shares during the last quarter. Oregon Public Employees Retirement Fund lifted its holdings in shares of 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 acquiring an additional 1,483,006 shares during the last quarter. Finally, Virtus ETF Advisers LLC raised its holdings in CMS Energy by 1.7% in the 4th quarter. Virtus ETF Advisers LLC now owns 13,021 shares of the utilities provider’s stock valued at $646,000 after buying an additional 214 shares during the last quarter. 93.32% of the stock is owned by institutional investors and hedge funds.

A number of brokerages recently issued reports on CMS. Scotiabank reiterated a “buy” rating and issued a $54.00 price objective on shares of CMS Energy in a report on Friday, December 14th. Zacks Investment Research lowered shares of CMS Energy from a “buy” rating to a “hold” rating in a report on Wednesday, December 12th. ValuEngine upgraded shares of CMS Energy from a “hold” rating to a “buy” rating in a report on Wednesday, October 24th. Barclays raised their price objective 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 reiterated a “hold” rating and issued a $55.00 price objective on shares of CMS Energy in a report on Tuesday, December 18th. Nine analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. CMS Energy currently has a consensus rating of “Hold” and a consensus target price of $52.91.

In other news, insider Brandon J. Hofmeister sold 500 shares of the firm’s stock in a transaction that occurred on Tuesday, November 20th. The shares were sold at an average price of $51.88, for a total transaction of $25,940.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Catherine M. Reynolds sold 8,187 shares of the firm’s stock in a transaction that occurred on 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 directly owns 129,389 shares of the company’s stock, valued at approximately $6,860,204.78. The disclosure for this sale can be found here. Corporate insiders own 0.57% of the company’s stock.

NYSE:CMS opened at $52.77 on Monday. The company has a market cap of $14.96 billion, a price-to-earnings ratio of 22.65, a PEG ratio of 3.32 and a beta of 0.19. The company has a debt-to-equity ratio of 2.23, a current ratio of 0.94 and a quick ratio of 0.69. CMS Energy Co. has a fifty-two week low of $41.98 and a fifty-two week high of $53.82.

CMS Energy (NYSE:CMS) last released its earnings results on Thursday, January 31st. The utilities provider reported $0.40 earnings per share for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.01). The firm had revenue of $1.83 billion for the quarter, compared to analyst estimates of $1.54 billion. CMS Energy had a net margin of 9.56% and a return on equity of 13.93%. During the same period in the prior year, the company posted $0.51 EPS. On average, sell-side analysts expect that CMS Energy Co. will post 2.5 EPS for the current year.

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

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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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CMS Energy Co. (CMS) Position Lowered by TIAA CREF Investment Management LLC

Finally, Millennium Management LLC grew its stake in CMS Energy by 96.1% in the 2nd quarter. Millennium Management LLC now owns 1,612,272 …

CMS Energy logoTIAA CREF Investment Management LLC lowered its stake in CMS Energy Co. (NYSE:CMS) by 22.6% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 360,827 shares of the utilities provider’s stock after selling 105,324 shares during the quarter. TIAA CREF Investment Management LLC owned 0.13% of CMS Energy worth $17,681,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in CMS. JPMorgan Chase & Co. lifted its holdings in shares of CMS Energy by 0.7% during the third quarter. JPMorgan Chase & Co. now owns 15,234,196 shares of the utilities provider’s stock valued at $746,475,000 after purchasing an additional 112,508 shares in the last quarter. Bank of New York Mellon Corp lifted its position in shares of CMS Energy by 60,837.6% during the 3rd quarter. Bank of New York Mellon Corp now owns 14,982,113 shares of the utilities provider’s stock valued at $734,124,000 after acquiring an additional 14,957,527 shares during the period. Capital World Investors acquired a new position in shares of CMS Energy during the 3rd quarter worth approximately $628,406,000. Renaissance Technologies LLC grew its stake in CMS Energy by 62.4% in the 3rd quarter. Renaissance Technologies LLC now owns 2,912,300 shares of the utilities provider’s stock worth $142,703,000 after acquiring an additional 1,118,600 shares during the period. Finally, Millennium Management LLC grew its stake in CMS Energy by 96.1% in the 2nd quarter. Millennium Management LLC now owns 1,612,272 shares of the utilities provider’s stock worth $76,228,000 after acquiring an additional 790,201 shares during the period. Hedge funds and other institutional investors own 92.95% of the company’s stock.

CMS has been the subject of several recent analyst reports. Goldman Sachs Group initiated coverage on shares of CMS Energy in a research note on Wednesday, January 16th. They issued a “neutral” rating and a $52.00 target price for the company. SunTrust Banks restated a “hold” rating and issued a $50.00 target price on shares of CMS Energy in a research report on Wednesday, November 7th. Citigroup increased their price objective on shares of CMS Energy from $51.00 to $52.00 and gave the company a “neutral” rating in a report on Wednesday, December 19th. Scotiabank reiterated a “buy” rating and issued a $54.00 price objective on shares of CMS Energy in a report on Friday, December 14th. Finally, ValuEngine raised shares of CMS Energy from a “hold” rating to a “buy” rating in a research note on Wednesday, October 24th. Nine equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $52.58.

In other news, insider Brandon J. Hofmeister sold 500 shares of CMS Energy stock in a transaction on Tuesday, November 20th. The stock was sold at an average price of $51.88, for a total transaction of $25,940.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, SVP Brian F. Rich sold 4,000 shares of CMS Energy stock in a transaction on Tuesday, October 30th. The stock was sold at an average price of $49.69, for a total value of $198,760.00. The disclosure for this sale can be found here. Insiders own 0.57% of the company’s stock.

Shares of NYSE:CMS traded down $0.88 on Friday, hitting $50.81. The company had a trading volume of 2,031,006 shares, compared to its average volume of 2,207,754. The company has a debt-to-equity ratio of 1.87, a current ratio of 0.69 and a quick ratio of 0.47. CMS Energy Co. has a 1-year low of $40.48 and a 1-year high of $53.82. The company has a market cap of $14.40 billion, a P/E ratio of 23.41, a P/E/G ratio of 3.28 and a beta of 0.13.

CMS Energy (NYSE:CMS) last released its quarterly earnings results on Thursday, October 25th. The utilities provider reported $0.59 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.57 by $0.02. The business had revenue of $1.60 billion for the quarter, compared to the consensus estimate of $1.53 billion. CMS Energy had a net margin of 8.00% and a return on equity of 14.88%. During the same period in the prior year, the company posted $0.62 earnings per share. As a group, equities research analysts expect that CMS Energy Co. will post 2.34 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 28th. Stockholders of record on Friday, February 1st will be paid a dividend of $0.3825 per share. This represents a $1.53 dividend on an annualized basis and a dividend yield of 3.01%. This is a boost from CMS Energy’s previous quarterly dividend of $0.36. The ex-dividend date is Thursday, January 31st. CMS Energy’s payout ratio is presently 65.90%.

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About CMS Energy

CMS Energy Corporation operates as an energy company primarily in Michigan. It operates through three segments: Electric Utility, Gas Utility, and Enterprises. The Electric Utility segment engages in the generation, purchase, transmission, distribution, and sale of electricity. It generates electricity through fossil-fuel-fired plants, as well as renewable energy and nuclear sources.

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

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Man Group plc Buys 54996 Shares of CMS Energy Co. (NYSE:CMS)

Man Group plc raised its holdings in CMS Energy Co. (NYSE:CMS) by 59.1% during the 3rd quarter, according to its most recent disclosure with the …

CMS Energy logoMan Group plc raised its holdings in CMS Energy Co. (NYSE:CMS) by 59.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 148,014 shares of the utilities provider’s stock after purchasing an additional 54,996 shares during the period. Man Group plc owned 0.05% of CMS Energy worth $7,253,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of CMS. Manning & Napier Group LLC raised its holdings in shares of CMS Energy by 3.8% during the third quarter. Manning & Napier Group LLC now owns 28,266 shares of the utilities provider’s stock worth $1,384,000 after purchasing an additional 1,045 shares during the period. Personal Capital Advisors Corp increased its holdings in shares of CMS Energy by 1,361.0% in the 3rd quarter. Personal Capital Advisors Corp now owns 149,023 shares of the utilities provider’s stock worth $7,302,000 after acquiring an additional 138,823 shares during the period. Stratos Wealth Partners LTD. acquired a new stake in shares of CMS Energy in the 3rd quarter worth about $134,000. Cubist Systematic Strategies LLC acquired a new stake in shares of CMS Energy in the 2nd quarter worth about $822,000. Finally, Toronto Dominion Bank increased its holdings in shares of CMS Energy by 1.3% in the 3rd quarter. Toronto Dominion Bank now owns 184,031 shares of the utilities provider’s stock worth $9,015,000 after acquiring an additional 2,419 shares during the period. 92.82% of the stock is owned by hedge funds and other institutional investors.

Several research firms have commented on CMS. Citigroup raised their target price on shares of CMS Energy from $49.00 to $51.00 and gave the company a “hold” rating in a research note on Tuesday, October 2nd. Wolfe Research lowered shares of CMS Energy from an “outperform” rating to a “market perform” rating in a research report on Friday, October 26th. Zacks Investment Research lowered shares of CMS Energy from a “buy” rating to a “hold” rating in a research report on Wednesday, December 12th. Guggenheim restated a “hold” rating and set a $53.00 price objective on shares of CMS Energy in a research report on Monday, January 7th. Finally, Barclays raised their target price on shares of CMS Energy from $51.00 to $52.00 and gave the stock an “equal weight” rating in a report on Monday, November 19th. Nine equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. CMS Energy currently has a consensus rating of “Hold” and a consensus price target of $52.58.

In other news, SVP Brian F. Rich sold 4,000 shares of CMS Energy stock in a transaction that occurred on Tuesday, October 30th. The stock was sold at an average price of $49.69, for a total value of $198,760.00. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, insider Brandon J. Hofmeister sold 500 shares of the firm’s stock in a transaction that occurred on Tuesday, November 20th. The shares were sold at an average price of $51.88, for a total value of $25,940.00. The disclosure for this sale can be found here. 0.57% of the stock is currently owned by company insiders.

CMS traded down $0.10 during trading hours on Friday, reaching $50.88. The company’s stock had a trading volume of 2,254,263 shares, compared to its average volume of 2,450,871. The company has a current ratio of 0.69, a quick ratio of 0.47 and a debt-to-equity ratio of 1.87. The stock has a market cap of $14.42 billion, a PE ratio of 23.45, a price-to-earnings-growth ratio of 3.28 and a beta of 0.13. CMS Energy Co. has a 52 week low of $40.48 and a 52 week high of $53.82.

CMS Energy (NYSE:CMS) last released its quarterly earnings data on Thursday, October 25th. The utilities provider reported $0.59 earnings per share for the quarter, beating the consensus estimate of $0.57 by $0.02. The business had revenue of $1.60 billion for the quarter, compared to analyst estimates of $1.53 billion. CMS Energy had a return on equity of 14.88% and a net margin of 8.00%. During the same period last year, the firm posted $0.62 earnings per share. Equities analysts forecast that CMS Energy Co. will post 2.34 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, February 28th. Shareholders of record on Friday, February 1st will be given a $0.3825 dividend. The ex-dividend date is Thursday, January 31st. This is an increase from CMS Energy’s previous quarterly dividend of $0.36. This represents a $1.53 annualized dividend and a yield of 3.01%. CMS Energy’s dividend payout ratio (DPR) is currently 65.90%.

COPYRIGHT VIOLATION WARNING: This piece was published by Fairfield Current and is owned by of Fairfield Current. If you are viewing this piece on another website, it was illegally copied and reposted in violation of United States and international copyright & trademark laws. The original version of this piece can be accessed at https://www.fairfieldcurrent.com/news/2019/01/20/man-group-plc-boosts-stake-in-cms-energy-co-cms.html.

CMS Energy Profile

CMS Energy Corporation operates as an energy company primarily in Michigan. It operates through three segments: Electric Utility, Gas Utility, and Enterprises. The Electric Utility segment engages in the generation, purchase, transmission, distribution, and sale of electricity. It generates electricity through fossil-fuel-fired plants, as well as renewable energy and nuclear sources.

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

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Allianz Asset Management GmbH Has $2.88 Million Holdings in CMS Energy Co. (NYSE:CMS)

Finally, WINTON GROUP Ltd increased its position in shares of CMS Energy by 1,931.3% during the 3rd quarter. WINTON GROUP Ltd now owns …

CMS Energy logoAllianz Asset Management GmbH trimmed its position in CMS Energy Co. (NYSE:CMS) by 16.4% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 58,745 shares of the utilities provider’s stock after selling 11,560 shares during the period. Allianz Asset Management GmbH’s holdings in CMS Energy were worth $2,879,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of CMS. Manning & Napier Group LLC increased its stake in CMS Energy by 3.8% in the 3rd quarter. Manning & Napier Group LLC now owns 28,266 shares of the utilities provider’s stock worth $1,384,000 after acquiring an additional 1,045 shares during the last quarter. Personal Capital Advisors Corp increased its position in shares of CMS Energy by 1,361.0% during the 3rd quarter. Personal Capital Advisors Corp now owns 149,023 shares of the utilities provider’s stock valued at $7,302,000 after purchasing an additional 138,823 shares during the last quarter. Stratos Wealth Partners LTD. bought a new position in shares of CMS Energy during the 3rd quarter valued at approximately $134,000. Cubist Systematic Strategies LLC bought a new position in shares of CMS Energy during the 2nd quarter valued at approximately $822,000. Finally, WINTON GROUP Ltd increased its position in shares of CMS Energy by 1,931.3% during the 3rd quarter. WINTON GROUP Ltd now owns 351,854 shares of the utilities provider’s stock valued at $17,241,000 after purchasing an additional 334,532 shares during the last quarter. 92.83% of the stock is currently owned by hedge funds and other institutional investors.

Several equities analysts have recently weighed in on CMS shares. Scotiabank reissued a “buy” rating and set a $54.00 target price on shares of CMS Energy in a research report on Friday, December 14th. Zacks Investment Research upgraded CMS Energy from a “hold” rating to a “buy” rating and set a $55.00 price objective for the company in a report on Friday, October 12th. ValuEngine upgraded CMS Energy from a “hold” rating to a “buy” rating in a report on Wednesday, October 24th. Barclays upped their target price on CMS Energy from $51.00 to $52.00 and gave the stock an “equal weight” rating in a report on Monday, November 19th. Finally, SunTrust Banks restated a “hold” rating and set a $55.00 price objective on shares of CMS Energy in a research note on Tuesday, December 18th. Nine equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. CMS Energy currently has an average rating of “Hold” and a consensus price target of $52.55.

In related news, SVP Brian F. Rich sold 4,000 shares of CMS Energy stock in a transaction on Tuesday, October 30th. The stock was sold at an average price of $49.69, for a total value of $198,760.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Brandon J. Hofmeister sold 500 shares of CMS Energy stock in a transaction on Tuesday, November 20th. The shares were sold at an average price of $51.88, for a total value of $25,940.00. The disclosure for this sale can be found here. 0.57% of the stock is owned by company insiders.

CMS stock traded down $0.09 during mid-day trading on Friday, reaching $49.73. 1,910,372 shares of the company’s stock were exchanged, compared to its average volume of 2,560,900. The company has a market capitalization of $13.84 billion, a P/E ratio of 22.92, a P/E/G ratio of 3.15 and a beta of 0.13. CMS Energy Co. has a 12-month low of $40.48 and a 12-month high of $53.82. The company has a current ratio of 0.69, a quick ratio of 0.47 and a debt-to-equity ratio of 1.87.

CMS Energy (NYSE:CMS) last released its earnings results on Thursday, October 25th. The utilities provider reported $0.59 earnings per share for the quarter, beating the consensus estimate of $0.57 by $0.02. CMS Energy had a return on equity of 14.88% and a net margin of 8.00%. The business had revenue of $1.60 billion for the quarter, compared to the consensus estimate of $1.53 billion. During the same quarter last year, the business posted $0.62 earnings per share. On average, research analysts predict that CMS Energy Co. will post 2.34 earnings per share for the current fiscal year.

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CMS Energy Profile

CMS Energy Corporation operates as an energy company primarily in Michigan. It operates through three segments: Electric Utility, Gas Utility, and Enterprises. The Electric Utility segment engages in the generation, purchase, transmission, distribution, and sale of electricity. It generates electricity through fossil-fuel-fired plants, as well as renewable energy and nuclear sources.

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

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