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

A number of equities research analysts have recently weighed in on CMS shares. Deutsche Bank AG restated a “buy” rating on shares of CMS Energy Corp. in a report on Monday, April 18th. SunTrust Banks Inc. raised their price objective on shares of CMS Energy Corp. from $40.00 to $41.00 and gave the company a “neutral” rating in a report on Monday, March 14th. Barclays PLC raised their price objective on shares of CMS Energy Corp. from $39.00 to $43.00 and gave the company an “equal weight” rating in a report on Friday, March 18th. KeyCorp restated an “outperform” rating and issued a $47.00 price objective (up from $45.00) on shares of CMS Energy Corp. in a report on Saturday, July 2nd. Finally, Macquarie lowered shares of CMS Energy Corp. from an “outperform” rating to a “neutral” rating and lifted their price target for the stock from $40.00 to $43.00 in a research note on Monday, April 4th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the company. CMS Energy Corp. presently has a consensus rating of “Hold” and a consensus price target of $42.21.

The stock has a 50-day moving average of $43.42 and a 200 day moving average of $40.58. The firm has a market cap of $12.70 billion and a P/E ratio of 25.98.

CMS Energy Corp. (NYSE:CMS) last released its quarterly earnings data on Thursday, April 28th. The company reported $0.59 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.61 by $0.02. The business had revenue of $1.80 billion for the quarter, compared to the consensus estimate of $2.29 billion. During the same period in the prior year, the company posted $0.73 EPS. The firm’s revenue for the quarter was down 14.7% compared to the same quarter last year. On average, analysts anticipate that CMS Energy Corp. will post $2.02 earnings per share for the current fiscal year.

In other news, CEO John G. Russell sold 196,000 shares of the company’s stock in a transaction on Tuesday, May 24th. The shares were sold at an average price of $41.04, for a total value of $8,043,840.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Thomas J. Webb sold 100,000 shares of the company’s stock in a transaction on Wednesday, May 4th. The shares were 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 have recently made changes to their positions in the stock. Standard Life Investments LTD increased its position in shares of CMS Energy Corp. by 51.5% in the fourth quarter. Standard Life Investments LTD now owns 6,633,143 shares of the company’s stock valued at $239,225,000 after buying an additional 2,255,237 shares during the period. Vanguard Group Inc. increased its position in shares of CMS Energy Corp. by 2.9% in the fourth quarter. Vanguard Group Inc. now owns 24,855,131 shares of the company’s stock valued at $896,773,000 after buying an additional 696,495 shares during the period. I.G. Investment Management LTD. increased its position in shares of CMS Energy Corp. by 357.6% in the fourth quarter. I.G. Investment Management LTD. now owns 288,300 shares of the company’s stock valued at $10,402,000 after buying an additional 225,300 shares during the period. WBI Investments Inc. purchased a new position in shares of CMS Energy Corp. during the fourth quarter valued at $5,809,000. Finally, Wells Fargo & Company MN increased its position in shares of CMS Energy Corp. by 17.2% in the fourth quarter. Wells Fargo & Company MN now owns 1,087,036 shares of the company’s stock valued at $39,221,000 after buying an additional 159,802 shares during the period.

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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