Asset Management One Co. Ltd. Purchases 11,100 Shares of CMS Energy Co. (NYSE:CMS)

Asset Management One Co. Ltd. raised its holdings in shares of CMS Energy Co. (NYSE:CMS - Free Report) by 6.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 185,949 shares of the utilities provider's stock after purchasing an additional 11,100 shares during the period. Asset Management One Co. Ltd. owned about 0.06% of CMS Energy worth $12,470,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Smith Group Asset Management LLC bought a new stake in CMS Energy during the fourth quarter valued at $333,000. Meeder Advisory Services Inc. increased its stake in CMS Energy by 10.6% during the third quarter. Meeder Advisory Services Inc. now owns 11,925 shares of the utilities provider's stock valued at $842,000 after purchasing an additional 1,147 shares during the last quarter. Mizuho Securities USA LLC boosted its holdings in shares of CMS Energy by 992.4% during the third quarter. Mizuho Securities USA LLC now owns 251,525 shares of the utilities provider's stock valued at $18,075,000 after acquiring an additional 228,501 shares during the period. Massachusetts Financial Services Co. MA boosted its holdings in shares of CMS Energy by 10.4% during the third quarter. Massachusetts Financial Services Co. MA now owns 7,610,120 shares of the utilities provider's stock valued at $537,503,000 after acquiring an additional 719,093 shares during the period. Finally, Hennion & Walsh Asset Management Inc. boosted its holdings in shares of CMS Energy by 39.1% during the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 20,133 shares of the utilities provider's stock valued at $1,342,000 after acquiring an additional 5,662 shares during the period. Institutional investors own 93.57% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the stock. StockNews.com raised shares of CMS Energy from a "sell" rating to a "hold" rating in a report on Wednesday, February 5th. Jefferies Financial Group assumed coverage on shares of CMS Energy in a report on Tuesday, November 5th. They issued a "buy" rating and a $76.00 price objective for the company. Scotiabank upped their price objective on shares of CMS Energy from $75.00 to $77.00 and gave the stock a "sector outperform" rating in a report on Thursday, December 12th. BMO Capital Markets reduced their price objective on shares of CMS Energy from $77.00 to $76.00 and set an "outperform" rating for the company in a report on Friday, November 1st. Finally, Guggenheim reaffirmed a "neutral" rating and issued a $69.00 price objective on shares of CMS Energy in a report on Friday, February 7th. Six analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $71.69.

Insiders Place Their Bets

In other news, SVP Brandon J. Hofmeister sold 2,000 shares of the company's stock in a transaction dated Friday, December 13th. The stock was sold at an average price of $67.22, for a total value 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 represents a 3.07 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director John G. Russell sold 28,750 shares of the company's stock in a transaction dated Thursday, December 19th. The shares were sold at an average price of $65.85, for a total value of $1,893,187.50. Following the completion of the transaction, the director now owns 144,059 shares in the company, valued at $9,486,285.15. This represents a 16.64 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 37,450 shares of company stock worth $2,495,020. Company insiders own 0.40% of the company's stock.

CMS Energy Price Performance

NYSE CMS traded up $0.61 on Thursday, reaching $70.76. The company's stock had a trading volume of 2,145,260 shares, compared to its average volume of 2,198,893. CMS Energy Co. has a twelve month low of $56.31 and a twelve month high of $72.40. 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 market cap of $21.14 billion, a PE ratio of 21.31, a PEG ratio of 2.52 and a beta of 0.42. The firm's 50 day moving average is $67.07 and its two-hundred day moving average is $68.18.

CMS Energy (NYSE:CMS - Get Free Report) last posted its quarterly earnings data on Thursday, February 6th. The utilities provider reported $0.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.86 by $0.01. CMS Energy had a return on equity of 12.02% and a net margin of 13.35%. As a group, sell-side analysts predict that CMS Energy Co. will post 3.59 EPS for the current year.

CMS Energy Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Monday, February 17th will be issued a dividend of $0.5425 per share. This represents a $2.17 annualized dividend and a yield of 3.07%. The ex-dividend date is Friday, February 14th. This is an increase from CMS Energy's previous quarterly dividend of $0.52. CMS Energy's payout ratio is presently 65.36%.

CMS Energy Company 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.