Natixis Advisors LLC Boosts Stock Holdings in CMS Energy Co. (NYSE:CMS)

Natixis Advisors LLC grew its stake in CMS Energy Co. (NYSE:CMS - Free Report) by 99.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 188,446 shares of the utilities provider's stock after buying an additional 93,783 shares during the period. Natixis Advisors LLC owned 0.06% of CMS Energy worth $13,310,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the stock. O Shaughnessy Asset Management LLC raised its holdings in CMS Energy by 80.0% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 16,328 shares of the utilities provider's stock worth $985,000 after purchasing an additional 7,256 shares during the last quarter. American International Group Inc. boosted its holdings in shares of CMS Energy by 0.6% during the 1st quarter. American International Group Inc. now owns 76,972 shares of the utilities provider's stock worth $4,644,000 after buying an additional 472 shares in the last quarter. EntryPoint Capital LLC acquired a new stake in shares of CMS Energy during the 1st quarter worth approximately $110,000. Capital Group Private Client Services Inc. increased its stake in shares of CMS Energy by 12.5% in the 1st quarter. Capital Group Private Client Services Inc. now owns 323,489 shares of the utilities provider's stock valued at $19,519,000 after acquiring an additional 35,847 shares in the last quarter. Finally, Capital International Inc. CA lifted its position in shares of CMS Energy by 2.5% during the 1st quarter. Capital International Inc. CA now owns 33,274 shares of the utilities provider's stock valued at $2,008,000 after acquiring an additional 810 shares during the period. 93.57% of the stock is currently owned by institutional investors.

Insider Activity at CMS Energy

In related news, SVP Brandon J. Hofmeister sold 2,000 shares of the company's 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 transaction, the senior vice president now owns 64,771 shares in the company, valued at approximately $4,415,439.07. This represents a 3.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.40% of the stock is owned by company insiders.

CMS Energy Stock Down 0.1 %

CMS opened at $68.52 on Thursday. CMS Energy Co. has a fifty-two week low of $55.10 and a fifty-two week high of $72.40. The firm has a market capitalization of $20.47 billion, a P/E ratio of 19.58, a PEG ratio of 2.72 and a beta of 0.41. The company's 50-day moving average is $69.73 and its 200 day moving average is $65.40. 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 (NYSE:CMS - Get Free Report) last posted its earnings results on Thursday, October 31st. The utilities provider reported $0.84 EPS for the quarter, topping the consensus estimate of $0.78 by $0.06. CMS Energy had a net margin of 14.01% and a return on equity of 12.81%. The firm had revenue of $1.74 billion for the quarter, compared to analysts' expectations of $1.88 billion. During the same quarter last year, the firm earned $0.61 EPS. The company's quarterly revenue was up 4.2% compared to the same quarter last year. Research analysts expect that CMS Energy Co. will post 3.33 earnings per share for the current fiscal year.

CMS Energy Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 13th will be paid a dividend of $0.515 per share. This represents a $2.06 dividend on an annualized basis and a dividend yield of 3.01%. This is a boost from CMS Energy's previous quarterly dividend of $0.51. The ex-dividend date is Wednesday, November 13th. CMS Energy's payout ratio is presently 58.86%.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on CMS shares. BMO Capital Markets decreased their price target on shares of CMS Energy from $77.00 to $76.00 and set an "outperform" rating for the company in a research note on Friday, November 1st. Wells Fargo & Company boosted their target price on CMS Energy from $70.00 to $77.00 and gave the company an "overweight" rating in a research report on Wednesday, October 16th. Evercore ISI upgraded CMS Energy to a "hold" rating in a report on Friday, July 26th. Mizuho cut CMS Energy from an "outperform" rating to a "neutral" rating and reduced their price objective for the company from $76.00 to $72.00 in a research note on Tuesday, October 15th. Finally, StockNews.com lowered CMS Energy from a "hold" rating to a "sell" rating in a research report on Wednesday. One investment analyst has rated the stock with a sell rating, six have given a hold rating and ten have given a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $70.29.

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.