CMS Energy Co. (NYSE:CMS) Stock Position Lowered by Partners Group Holding AG

Partners Group Holding AG decreased its stake in CMS Energy Co. (NYSE:CMS - Free Report) by 10.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 657,749 shares of the utilities provider's stock after selling 76,529 shares during the period. CMS Energy makes up 1.6% of Partners Group Holding AG's portfolio, making the stock its 13th biggest position. Partners Group Holding AG owned 0.22% of CMS Energy worth $43,839,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. BankPlus Trust Department acquired a new stake in CMS Energy in the fourth quarter valued at approximately $29,000. First Horizon Advisors Inc. boosted its stake in shares of CMS Energy by 171.9% in the third quarter. First Horizon Advisors Inc. now owns 435 shares of the utilities provider's stock valued at $31,000 after purchasing an additional 275 shares during the period. 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 purchasing an additional 235 shares in the last quarter. Brooklyn Investment Group purchased a new stake in CMS Energy during the 3rd quarter worth $40,000. Finally, Larson Financial Group LLC lifted its stake in shares of CMS Energy by 2,900.0% in the fourth quarter. Larson Financial Group LLC now owns 720 shares of the utilities provider's stock worth $48,000 after acquiring an additional 696 shares in the last quarter. 93.57% of the stock is currently owned by hedge funds and other institutional investors.

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Wall Street Analysts Forecast Growth

CMS has been the topic of several analyst reports. StockNews.com upgraded CMS Energy from a "sell" rating to a "hold" rating in a report on Tuesday. Scotiabank lifted their price target on shares of CMS Energy from $75.00 to $77.00 and gave the stock a "sector outperform" rating in a research note on Thursday, December 12th. UBS Group raised their price objective on shares of CMS Energy from $77.00 to $80.00 and gave the stock a "neutral" rating in a report on Friday, March 21st. BMO Capital Markets upped their target price on shares of CMS Energy from $73.00 to $80.00 and gave the company an "outperform" rating in a research note on Monday. Finally, Bank of America lifted their price target on CMS Energy from $73.00 to $80.00 and gave the stock a "buy" rating in a research note on Monday. Six analysts have rated the stock with a hold rating and seven have given a buy rating to the company's stock. According to data from MarketBeat, CMS Energy presently has a consensus rating of "Moderate Buy" and a consensus price target of $75.36.

Insider Buying and Selling at CMS Energy

In other news, SVP Brandon J. Hofmeister sold 2,000 shares of the business's stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $73.77, for a total value of $147,540.00. Following the sale, the senior vice president now owns 71,931 shares of the company's stock, valued at approximately $5,306,349.87. The trade was a 2.71 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Scott B. Mcintosh sold 6,700 shares of the company's stock in a transaction on Thursday, February 13th. The shares were sold at an average price of $69.76, for a total value of $467,392.00. Following the completion of the sale, the chief accounting officer now owns 21,643 shares of the company's stock, valued at approximately $1,509,815.68. This trade represents a 23.64 % decrease in their position. 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. Company insiders own 0.40% of the company's stock.

CMS Energy Stock Performance

CMS stock traded down $0.15 during mid-day trading on Thursday, reaching $73.16. The company had a trading volume of 1,624,363 shares, compared to its average volume of 2,131,058. The stock's 50-day simple moving average is $70.35 and its two-hundred day simple moving average is $69.23. The stock has a market capitalization of $21.86 billion, a P/E ratio of 22.04, a P/E/G ratio of 2.56 and a beta of 0.35. The company has a quick ratio of 0.57, a current ratio of 0.79 and a debt-to-equity ratio of 1.80. CMS Energy Co. has a one year low of $56.61 and a one year high of $75.06.

CMS Energy (NYSE:CMS - Get Free Report) last posted its earnings results on Thursday, February 6th. The utilities provider reported $0.87 earnings per share (EPS) 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%. Research analysts anticipate that CMS Energy Co. will post 3.59 EPS for the current year.

CMS Energy Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Monday, February 17th were given a $0.5425 dividend. This represents a $2.17 dividend on an annualized basis and a yield of 2.97%. The ex-dividend date was Friday, February 14th. This is a positive change from CMS Energy's previous quarterly dividend of $0.52. CMS Energy's dividend payout ratio is currently 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.