KBC Group NV Buys 4,806 Shares of CMS Energy Co. (NYSE:CMS)

KBC Group NV increased its position in shares of CMS Energy Co. (NYSE:CMS - Free Report) by 23.4% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 25,342 shares of the utilities provider's stock after buying an additional 4,806 shares during the period. KBC Group NV's holdings in CMS Energy were worth $1,689,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Voisard Asset Management Group Inc. raised its position in shares of CMS Energy by 25.7% in the 3rd quarter. Voisard Asset Management Group Inc. now owns 798 shares of the utilities provider's stock worth $56,000 after acquiring an additional 163 shares in the last quarter. Pallas Capital Advisors LLC lifted its stake in CMS Energy by 4.0% in the fourth quarter. Pallas Capital Advisors LLC now owns 4,459 shares of the utilities provider's stock valued at $297,000 after buying an additional 173 shares during the period. OneDigital Investment Advisors LLC boosted its stake in CMS Energy by 5.4% during 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 in the last quarter. Horizon Kinetics Asset Management LLC grew its stake in shares of CMS Energy by 1.3% in the 3rd quarter. Horizon Kinetics Asset Management LLC now owns 15,675 shares of the utilities provider's stock valued at $1,107,000 after buying an additional 200 shares during the period. Finally, Private Trust Co. NA increased its holdings in shares of CMS Energy by 25.6% during the third quarter. Private Trust Co. NA now owns 982 shares of the utilities provider's stock valued at $69,000 after acquiring an additional 200 shares in the last quarter. Institutional investors and hedge funds own 93.57% of the company's stock.

Insider Buying and Selling at CMS Energy

In other news, SVP Brandon J. Hofmeister sold 2,000 shares of CMS Energy stock in a transaction that occurred on Monday, November 18th. The stock was sold at an average price of $68.17, for a total value of $136,340.00. Following the sale, the senior vice president now directly owns 64,771 shares in the company, valued at approximately $4,415,439.07. This trade represents a 3.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Scott B. Mcintosh sold 936 shares of the company's stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $68.50, for a total value of $64,116.00. Following the transaction, the chief accounting officer now owns 24,417 shares of the company's stock, valued at approximately $1,672,564.50. This represents a 3.69 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 33,686 shares of company stock valued at $2,228,084 in the last quarter. Company insiders own 0.40% of the company's stock.

CMS Energy Trading Up 1.4 %

CMS Energy stock traded up $0.90 during trading hours on Wednesday, reaching $67.08. The company had a trading volume of 2,700,854 shares, compared to its average volume of 2,153,333. The company has a debt-to-equity ratio of 1.86, a current ratio of 1.23 and a quick ratio of 0.83. CMS Energy Co. has a 12-month low of $55.10 and a 12-month high of $72.40. The firm has a market cap of $20.04 billion, a price-to-earnings ratio of 19.17, a P/E/G ratio of 2.39 and a beta of 0.42. The company has a 50-day moving average price of $66.91 and a 200 day moving average price of $67.80.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on CMS shares. Guggenheim cut shares of CMS Energy from a "buy" rating to a "neutral" rating in a research report on Thursday, January 23rd. 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 note on Thursday, December 12th. Jefferies Financial Group began coverage on CMS Energy in a research note on Tuesday, November 5th. They set a "buy" rating and a $76.00 price target for the company. StockNews.com upgraded CMS Energy from a "sell" rating to a "hold" rating in a research report on Wednesday. Finally, BMO Capital Markets lowered their target price on shares of CMS Energy from $77.00 to $76.00 and set an "outperform" rating on the stock in a research note on Friday, November 1st. Seven research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $71.00.

About CMS Energy

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.