Robeco Institutional Asset Management B.V. Invests $1.13 Million in CMS Energy Corporation (NYSE:CMS)

Robeco Institutional Asset Management B.V. bought a new position in shares of CMS Energy Corporation (NYSE:CMS - Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 14,976 shares of the utilities provider's stock, valued at approximately $1,125,000.

Several other institutional investors also recently added to or reduced their stakes in CMS. Larson Financial Group LLC boosted 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 valued at $48,000 after buying an additional 696 shares in the last quarter. Optiver Holding B.V. raised its holdings in shares of CMS Energy by 39.2% in the fourth quarter. Optiver Holding B.V. now owns 813 shares of the utilities provider's stock worth $54,000 after acquiring an additional 229 shares during the last quarter. Mizuho Bank Ltd. acquired a new position in CMS Energy in the fourth quarter valued at $61,000. Covestor Ltd increased its stake in CMS Energy by 51.9% in the fourth quarter. Covestor Ltd now owns 1,065 shares of the utilities provider's stock valued at $71,000 after purchasing an additional 364 shares during the last quarter. Finally, Bernard Wealth Management Corp. acquired a new position in CMS Energy in the first quarter valued at $72,000. Institutional investors and hedge funds own 93.57% of the company's stock.

Insider Activity at CMS Energy

In related news, SVP Brandon J. Hofmeister sold 2,198 shares of the company's stock in a transaction on Tuesday, May 6th. The shares were sold at an average price of $73.61, for a total value of $161,794.78. Following the completion of the transaction, the senior vice president directly owned 69,571 shares of the company's stock, valued at approximately $5,121,121.31. This represents a 3.06% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.40% of the stock is currently owned by corporate insiders.

CMS Energy Stock Down 0.7%

CMS stock opened at $69.67 on Thursday. CMS Energy Corporation has a twelve month low of $58.50 and a twelve month high of $76.45. The company has a market cap of $20.84 billion, a PE ratio of 20.67, a price-to-earnings-growth ratio of 2.50 and a beta of 0.38. The business's 50-day simple moving average is $70.63 and its 200 day simple moving average is $70.14. The company has a quick ratio of 0.84, a current ratio of 1.06 and a debt-to-equity ratio of 1.87.

CMS Energy (NYSE:CMS - Get Free Report) last posted its quarterly earnings data on Thursday, April 24th. The utilities provider reported $1.02 earnings per share for the quarter, missing the consensus estimate of $1.05 by ($0.03). The company had revenue of $2.45 billion during the quarter, compared to the consensus estimate of $2.32 billion. CMS Energy had a return on equity of 12.06% and a net margin of 13.10%. The business's revenue for the quarter was up 12.5% on a year-over-year basis. During the same quarter last year, the firm earned $0.97 EPS. On average, research analysts anticipate that CMS Energy Corporation will post 3.59 earnings per share for the current year.

CMS Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 30th. Investors of record on Friday, May 9th were given a $0.5425 dividend. This represents a $2.17 dividend on an annualized basis and a dividend yield of 3.11%. The ex-dividend date was Friday, May 9th. CMS Energy's dividend payout ratio is currently 64.39%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on CMS shares. Wells Fargo & Company upped their target price on CMS Energy from $78.00 to $82.00 and gave the stock an "overweight" rating in a research report on Friday, April 25th. BMO Capital Markets upped their price objective on CMS Energy from $77.00 to $79.00 and gave the company an "outperform" rating in a research note on Tuesday, April 29th. Scotiabank restated an "outperform" rating and set a $81.00 price objective (up previously from $77.00) on shares of CMS Energy in a research note on Friday, April 25th. Wall Street Zen lowered CMS Energy from a "hold" rating to a "sell" rating in a report on Saturday, June 21st. Finally, Bank of America increased their price target on CMS Energy from $73.00 to $80.00 and gave the company a "buy" rating in a research note on Monday, March 24th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $77.00.

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.

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