Janus Henderson Group PLC Purchases 60,684 Shares of CMS Energy Co. (NYSE:CMS)

Janus Henderson Group PLC grew its position in shares of CMS Energy Co. (NYSE:CMS - Free Report) by 12.7% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 539,887 shares of the utilities provider's stock after acquiring an additional 60,684 shares during the quarter. Janus Henderson Group PLC owned about 0.18% of CMS Energy worth $35,988,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of CMS. Principal Financial Group Inc. lifted its position in CMS Energy by 7.6% during the third quarter. Principal Financial Group Inc. now owns 408,331 shares of the utilities provider's stock valued at $28,840,000 after purchasing an additional 28,695 shares during the last quarter. Czech National Bank raised its position in shares of CMS Energy by 6.5% during the 4th quarter. Czech National Bank now owns 64,783 shares of the utilities provider's stock valued at $4,318,000 after buying an additional 3,929 shares in the last quarter. Wedmont Private Capital purchased a new stake in shares of CMS Energy during the 4th quarter valued at about $321,000. Pallas Capital Advisors LLC lifted its holdings in shares of CMS Energy by 4.0% in the 4th quarter. Pallas Capital Advisors LLC now owns 4,459 shares of the utilities provider's stock valued at $297,000 after acquiring an additional 173 shares during the last quarter. Finally, Oak Thistle LLC grew its position in CMS Energy by 52.9% in the fourth quarter. Oak Thistle LLC now owns 9,566 shares of the utilities provider's stock worth $638,000 after acquiring an additional 3,309 shares in the last quarter. 93.57% of the stock is currently owned by institutional investors.

Insider Transactions at CMS Energy

In other CMS Energy news, Director Laura Wright sold 2,500 shares of the stock in a transaction on Wednesday, February 19th. The stock was sold at an average price of $69.84, for a total transaction of $174,600.00. Following the sale, the director now owns 38,790 shares of the company's stock, valued at approximately $2,709,093.60. This trade represents a 6.05% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Brandon J. Hofmeister sold 2,198 shares of the business's stock in a transaction on Tuesday, May 6th. The stock was 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 now directly owns 69,571 shares of the company's stock, valued at approximately $5,121,121.31. The trade was a 3.06% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 6,698 shares of company stock valued at $483,935. 0.40% of the stock is currently owned by corporate insiders.

CMS Energy Trading Up 0.3%

Shares of CMS traded up $0.23 during trading hours on Tuesday, reaching $72.20. 242,766 shares of the company traded hands, compared to its average volume of 2,304,219. The stock's fifty day moving average price is $72.64 and its 200 day moving average price is $69.85. The company has a current ratio of 0.79, a quick ratio of 0.57 and a debt-to-equity ratio of 1.80. The firm has a market cap of $21.60 billion, a price-to-earnings ratio of 21.77, a PEG ratio of 2.56 and a beta of 0.42. CMS Energy Co. has a 12-month low of $58.50 and a 12-month high of $76.45.

CMS Energy (NYSE:CMS - Get Free Report) last posted its quarterly earnings results 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). CMS Energy had a net margin of 13.35% and a return on equity of 12.02%. The company had revenue of $2.45 billion for the quarter, compared to the consensus estimate of $2.32 billion. During the same period in the prior year, the firm posted $0.97 EPS. The business's revenue was up 12.5% on a year-over-year basis. Sell-side analysts forecast that CMS Energy Co. will post 3.59 earnings per share for the current year.

CMS Energy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, May 30th. Shareholders of record on Friday, May 9th will be issued a $0.5425 dividend. This represents a $2.17 annualized dividend and a dividend yield of 3.01%. The ex-dividend date of this dividend is Friday, May 9th. CMS Energy's dividend payout ratio is 64.39%.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. Guggenheim restated a "neutral" rating and set a $69.00 price objective on shares of CMS Energy in a research report on Friday, February 7th. Evercore ISI increased their price target on CMS Energy from $73.00 to $76.00 and gave the company an "in-line" rating in a report on Monday, April 28th. Jefferies Financial Group raised their price target on CMS Energy from $77.00 to $83.00 and gave the stock a "buy" rating in a research report on Monday, April 21st. BMO Capital Markets boosted their price objective on shares of CMS Energy from $77.00 to $79.00 and gave the company an "outperform" rating in a research report on Tuesday, April 29th. Finally, Morgan Stanley set a $74.00 target price on shares of CMS Energy and gave the company an "outperform" rating in a research note on Wednesday, April 23rd. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and eight have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $77.25.

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.