Mn Services Vermogensbeheer B.V. Buys 1,900 Shares of CMS Energy Co. (NYSE:CMS)

Mn Services Vermogensbeheer B.V. lifted its stake in CMS Energy Co. (NYSE:CMS) by 1.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 113,769 shares of the utilities provider’s stock after acquiring an additional 1,900 shares during the quarter. Mn Services Vermogensbeheer B.V.’s holdings in CMS Energy were worth $7,583,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. Pallas Capital Advisors LLC grew its stake in shares of CMS Energy by 4.0% in the fourth quarter. Pallas Capital Advisors LLC now owns 4,459 shares of the utilities provider’s stock worth $297,000 after acquiring an additional 173 shares during the period. OneDigital Investment Advisors LLC grew its stake in shares of CMS Energy by 5.4% in the third quarter. OneDigital Investment Advisors LLC now owns 3,625 shares of the utilities provider’s stock worth $256,000 after acquiring an additional 187 shares during the period. Horizon Kinetics Asset Management LLC grew its stake in shares of CMS Energy by 1.3% in the third quarter. Horizon Kinetics Asset Management LLC now owns 15,675 shares of the utilities provider’s stock worth $1,107,000 after acquiring an additional 200 shares during the period. Private Trust Co. NA grew its stake in shares of CMS Energy by 25.6% in the third quarter. Private Trust Co. NA now owns 982 shares of the utilities provider’s stock worth $69,000 after acquiring an additional 200 shares during the period. Finally, Empirical Finance LLC grew its stake in shares of CMS Energy by 2.2% in the third quarter. Empirical Finance LLC now owns 10,048 shares of the utilities provider’s stock worth $710,000 after acquiring an additional 217 shares during the period. 93.57% of the stock is currently owned by institutional investors.

CMS Energy Price Performance

CMS stock opened at $73.04 on Friday. CMS Energy Co. has a one year low of $56.61 and a one year high of $73.37. The company’s fifty day moving average price is $67.86 and its 200-day moving average price is $68.50. The company has a debt-to-equity ratio of 1.80, a quick ratio of 0.57 and a current ratio of 0.79. The company has a market capitalization of $21.82 billion, a PE ratio of 22.00, a price-to-earnings-growth ratio of 2.56 and a beta of 0.42.

CMS Energy (NYSE:CMS) last released its earnings results on Thursday, February 6th. The utilities provider reported $0.87 EPS for the quarter, topping the consensus estimate of $0.86 by $0.01. CMS Energy had a net margin of 13.35% and a return on equity of 12.02%. On average, equities analysts anticipate that CMS Energy Co. will post 3.59 EPS for the current fiscal year.

CMS Energy Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Monday, February 17th were issued a $0.5425 dividend. This represents a $2.17 annualized dividend and a dividend yield of 2.97%. The ex-dividend date was Friday, February 14th. This is an increase from CMS Energy’s previous quarterly dividend of $0.52. CMS Energy’s payout ratio is 65.36%.

Insider Transactions at CMS Energy

In related news, Director Laura Wright sold 2,500 shares of the company’s stock in a transaction on Wednesday, February 19th. The shares were sold at an average price of $69.84, for a total transaction of $174,600.00. Following the sale, the director now owns 38,790 shares of the company’s stock, valued at $2,709,093.60. This represents a 6.05 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Brandon J. Hofmeister sold 2,000 shares of the business’s stock in a transaction on Friday, December 13th. The shares were sold at an average price of $67.22, for a total transaction of $134,440.00. Following the transaction, the senior vice president now owns 63,197 shares in the company, valued at $4,248,102.34. This trade represents a 3.07 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 39,950 shares of company stock valued at $2,669,620. 0.40% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. StockNews.com upgraded shares of CMS Energy from a “sell” rating to a “hold” rating in a research report on Wednesday, February 5th. Scotiabank boosted their target price on shares of CMS Energy from $75.00 to $77.00 and gave the company a “sector outperform” rating in a research report on Thursday, December 12th. Morgan Stanley cut their target price on shares of CMS Energy from $69.00 to $67.00 and set an “equal weight” rating for the company in a research report on Friday, November 22nd. Jefferies Financial Group assumed coverage on shares of CMS Energy in a research report on Tuesday, November 5th. They set a “buy” rating and a $76.00 target price for the company. Finally, BMO Capital Markets cut their target price on shares of CMS Energy from $77.00 to $76.00 and set an “outperform” rating for the company in a research report on Friday, November 1st. Six research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $71.69.

CMS Energy Profile

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