Susquehanna International Group LLP Purchases 34,114 Shares of CMS Energy Co. (NYSE:CMS)

Susquehanna International Group LLP increased its position in CMS Energy Co. (NYSE:CMS - Free Report) by 24.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 172,364 shares of the utilities provider's stock after purchasing an additional 34,114 shares during the quarter. Susquehanna International Group LLP owned approximately 0.06% of CMS Energy worth $11,488,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Virtu Financial LLC grew its position in CMS Energy by 18.0% in the third quarter. Virtu Financial LLC now owns 18,358 shares of the utilities provider's stock valued at $1,297,000 after acquiring an additional 2,800 shares during the period. World Investment Advisors LLC bought a new stake in shares of CMS Energy in the 3rd quarter worth about $248,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of CMS Energy during the 3rd quarter worth about $589,000. Tidal Investments LLC lifted its holdings in CMS Energy by 17.6% during the 3rd quarter. Tidal Investments LLC now owns 19,780 shares of the utilities provider's stock valued at $1,397,000 after purchasing an additional 2,965 shares during the last quarter. Finally, Principal Financial Group Inc. boosted its position in CMS Energy by 7.6% in the third quarter. Principal Financial Group Inc. now owns 408,331 shares of the utilities provider's stock valued at $28,840,000 after buying an additional 28,695 shares in the last quarter. Institutional investors own 93.57% of the company's stock.

CMS Energy Trading Down 0.1 %

NYSE CMS traded down $0.04 during trading hours on Friday, hitting $72.93. The company's stock had a trading volume of 1,771,939 shares, compared to its average volume of 2,281,811. CMS Energy Co. has a twelve month low of $58.50 and a twelve month high of $76.45. The firm has a market capitalization of $21.82 billion, a P/E ratio of 21.97, a PEG ratio of 2.56 and a beta of 0.34. The company has a quick ratio of 0.57, a current ratio of 0.79 and a debt-to-equity ratio of 1.80. The stock has a fifty day moving average of $72.89 and a 200 day moving average of $69.79.

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 analysts' consensus estimates 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 during the quarter, compared to analyst estimates of $2.32 billion. During the same period last year, the company earned $0.97 EPS. The business's revenue for the quarter was up 12.5% compared to the same quarter last year. Equities research analysts forecast that CMS Energy Co. will post 3.59 earnings per share for the current fiscal year.

CMS Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 30th. Stockholders of record on Friday, May 9th will be paid a $0.5425 dividend. The ex-dividend date is Friday, May 9th. This represents a $2.17 dividend on an annualized basis and a dividend yield of 2.98%. CMS Energy's dividend payout ratio (DPR) is presently 64.39%.

Insider Activity at CMS Energy

In other CMS Energy news, SVP Brandon J. Hofmeister sold 2,000 shares of CMS Energy stock in a transaction dated Monday, March 3rd. The stock was sold at an average price of $73.77, for a total transaction of $147,540.00. Following the transaction, the senior vice president now directly owns 71,931 shares in the company, valued at approximately $5,306,349.87. The trade was a 2.71 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO Scott B. Mcintosh sold 6,700 shares of the stock in a transaction dated Thursday, February 13th. The stock was 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 $1,509,815.68. This trade represents a 23.64 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 11,200 shares of company stock worth $789,532 in the last ninety days. Company insiders own 0.40% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on CMS. Guggenheim reiterated a "neutral" rating and issued a $69.00 target price on shares of CMS Energy in a research note on Friday, February 7th. Bank of America boosted their price objective on CMS Energy from $73.00 to $80.00 and gave the stock a "buy" rating in a research note on Monday, March 24th. StockNews.com upgraded CMS Energy from a "sell" rating to a "hold" rating in a research note on Monday, April 28th. Jefferies Financial Group upped their price target on shares of CMS Energy from $77.00 to $83.00 and gave the stock a "buy" rating in a research report on Monday, April 21st. Finally, Wells Fargo & Company raised their price objective on shares of CMS Energy from $78.00 to $82.00 and gave the company an "overweight" rating in a research report on Friday, April 25th. Five equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $77.25.

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.