B. Metzler seel. Sohn & Co. AG Decreases Stake in CMS Energy Co. (NYSE:CMS)

B. Metzler seel. Sohn & Co. AG decreased its position in shares of CMS Energy Co. (NYSE:CMS - Free Report) by 53.3% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 51,106 shares of the utilities provider's stock after selling 58,431 shares during the quarter. B. Metzler seel. Sohn & Co. AG's holdings in CMS Energy were worth $3,406,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of CMS. BankPlus Trust Department bought a new position in shares of CMS Energy in the fourth quarter worth about $29,000. Richardson Financial Services Inc. grew its holdings in CMS Energy by 106.8% during the 4th quarter. Richardson Financial Services Inc. now owns 455 shares of the utilities provider's stock valued at $30,000 after buying an additional 235 shares in the last quarter. Larson Financial Group LLC raised its position in shares of CMS Energy by 2,900.0% during the fourth quarter. Larson Financial Group LLC now owns 720 shares of the utilities provider's stock valued at $48,000 after buying an additional 696 shares during the last quarter. Robbins Farley bought a new position in shares of CMS Energy during the fourth quarter worth $62,000. Finally, Catalyst Capital Advisors LLC bought a new stake in CMS Energy in the 4th quarter valued at $73,000. Institutional investors own 93.57% of the company's stock.

Insider Transactions at CMS Energy

In related news, SVP Brandon J. Hofmeister sold 2,000 shares of the firm's stock in a transaction dated Monday, March 3rd. The stock was sold at an average price of $73.77, for a total transaction of $147,540.00. Following the sale, the senior vice president now owns 71,931 shares of the company's stock, valued at $5,306,349.87. This trade represents a 2.71 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Scott B. Mcintosh sold 6,700 shares of the stock in a transaction dated Thursday, February 13th. The shares were sold at an average price of $69.76, for a total transaction of $467,392.00. Following the sale, the chief accounting officer now directly owns 21,643 shares of the company's stock, valued at approximately $1,509,815.68. The trade was a 23.64 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 11,200 shares of company stock valued at $789,532. 0.40% of the stock is currently owned by corporate insiders.

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CMS Energy Trading Down 3.6 %

CMS stock traded down $2.70 during midday trading on Friday, reaching $72.81. The company's stock had a trading volume of 4,394,563 shares, compared to its average volume of 2,237,564. The firm has a market capitalization of $21.76 billion, a price-to-earnings ratio of 21.93, a PEG ratio of 2.56 and a beta of 0.34. CMS Energy Co. has a 1 year low of $56.61 and a 1 year high of $76.45. 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 stock has a fifty day simple moving average of $71.24 and a two-hundred day simple moving average of $69.43.

CMS Energy (NYSE:CMS - Get Free Report) last announced its quarterly earnings data on Thursday, February 6th. The utilities provider reported $0.87 earnings per share for the quarter, beating analysts' consensus estimates 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 research analysts predict that CMS Energy Co. will post 3.59 EPS for the current year.

CMS Energy Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Monday, February 17th were issued a $0.5425 dividend. This represents a $2.17 annualized dividend and a dividend yield of 2.98%. This is a boost from CMS Energy's previous quarterly dividend of $0.52. The ex-dividend date of this dividend was Friday, February 14th. CMS Energy's dividend payout ratio is currently 65.36%.

Analyst Ratings Changes

CMS has been the subject of a number of research analyst reports. StockNews.com lowered CMS Energy from a "hold" rating to a "sell" rating in a research report on Wednesday. Guggenheim reaffirmed a "neutral" rating and issued a $69.00 price objective on shares of CMS Energy in a research note on Friday, February 7th. Bank of America raised their target price on shares of CMS Energy from $73.00 to $80.00 and gave the company a "buy" rating in a report on Monday, March 24th. Barclays raised shares of CMS Energy from an "equal weight" rating to an "overweight" rating and upped their price target for the company from $68.00 to $75.00 in a research note on Thursday, February 20th. Finally, UBS Group lifted their price objective on shares of CMS Energy from $77.00 to $80.00 and gave the stock a "neutral" rating in a research note on Friday, March 21st. One investment analyst has rated the stock with a sell rating, five have given a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat, CMS Energy has a consensus rating of "Hold" and a consensus price target of $75.36.

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.