CMS Energy Corp. (NYSE:CMS)’s share price hit a new 52-week high during trading on Thursday . The stock traded as high as $46.25 and last traded at $45.44, with a volume of 1,292,393 shares traded. The stock had previously closed at $46.17.

Several equities analysts have recently commented on the stock. Deutsche Bank AG reaffirmed a “buy” rating on shares of CMS Energy Corp. in a research report on Monday, April 18th. Barclays PLC increased their price target on shares of CMS Energy Corp. from $39.00 to $43.00 and gave the stock an “equal weight” rating in a research report on Friday, March 18th. SunTrust Banks Inc. reduced their price target on shares of CMS Energy Corp. from $43.00 to $42.00 in a research report on Tuesday, April 12th. KeyCorp reaffirmed an “outperform” rating and set a $47.00 price target (up previously from $45.00) on shares of CMS Energy Corp. in a research report on Saturday, July 2nd. Finally, Macquarie cut shares of CMS Energy Corp. from an “outperform” rating to a “neutral” rating and increased their price target for the stock from $40.00 to $43.00 in a research report on Monday, April 4th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $42.21.

The firm has a market cap of $12.68 billion and a P/E ratio of 25.92. The firm’s 50 day moving average price is $43.14 and its 200-day moving average price is $40.48.

CMS Energy Corp. (NYSE:CMS) last announced its quarterly earnings results on Thursday, April 28th. The company reported $0.59 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.61 by $0.02. The firm had revenue of $1.80 billion for the quarter, compared to analysts’ expectations of $2.29 billion. During the same quarter last year, the firm posted $0.73 earnings per share. The company’s quarterly revenue was down 14.7% on a year-over-year basis. Equities analysts forecast that CMS Energy Corp. will post $2.02 EPS for the current year.

In related news, SVP Daniel J. Malone sold 3,639 shares of the company’s stock in a transaction that occurred on Wednesday, May 25th. The shares were sold at an average price of $40.95, for a total value of $149,017.05. Following the transaction, the senior vice president now directly owns 149,331 shares in the company, valued at $6,115,104.45. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Thomas J. Webb sold 100,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 4th. The stock was sold at an average price of $41.52, for a total transaction of $4,152,000.00. The disclosure for this sale can be found here.

Several hedge funds and institutional investors recently bought and sold shares of CMS. World Asset Management Inc boosted its position in CMS Energy Corp. by 1.9% in the fourth quarter. World Asset Management Inc now owns 30,617 shares of the company’s stock valued at $1,105,000 after buying an additional 579 shares during the period. Mutual of America Capital Management LLC boosted its position in shares of CMS Energy Corp. by 1.0% in the fourth quarter. Mutual of America Capital Management LLC now owns 30,895 shares of the company’s stock worth $1,115,000 after buying an additional 310 shares during the last quarter. Fort Washington Investment Advisors Inc. OH boosted its position in shares of CMS Energy Corp. by 24.6% in the fourth quarter. Fort Washington Investment Advisors Inc. OH now owns 31,900 shares of the company’s stock worth $1,151,000 after buying an additional 6,300 shares during the last quarter. Advisors Asset Management Inc. boosted its position in shares of CMS Energy Corp. by 11.4% in the fourth quarter. Advisors Asset Management Inc. now owns 41,920 shares of the company’s stock worth $1,512,000 after buying an additional 4,304 shares during the last quarter. Finally, ProShare Advisors LLC boosted its position in shares of CMS Energy Corp. by 1.5% in the fourth quarter. ProShare Advisors LLC now owns 43,903 shares of the company’s stock worth $1,584,000 after buying an additional 661 shares during the last quarter.

CMS Energy Corporation (CMS Energy) is an energy company operating primarily in Michigan. The Company operates in three segments, which include Consumers Electric Utility, Consumers Gas Utility and Enterprises (non-utility operations and investments). CMS Energy, through its subsidiaries and equity investments, is engaged primarily in independent power production and owns power generation facilities fueled by natural gas and biomass.

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