American National Registered Investment Advisor Inc. continued to hold its stake in shares of CMS Energy Corporation (NYSE:CMS) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 24,153 shares of the utilities provider’s stock at the end of the second quarter. American National Registered Investment Advisor Inc.’s holdings in CMS Energy Corporation were worth $1,117,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the company. Mn Services Vermogensbeheer B.V. raised its stake in shares of CMS Energy Corporation by 512.1% in the second quarter. Mn Services Vermogensbeheer B.V. now owns 45,393 shares of the utilities provider’s stock valued at $2,099,000 after buying an additional 37,977 shares in the last quarter. Meeder Asset Management Inc. purchased a new stake in shares of CMS Energy Corporation during the second quarter valued at about $185,000. National Pension Service raised its stake in shares of CMS Energy Corporation by 9.8% in the second quarter. National Pension Service now owns 280,030 shares of the utilities provider’s stock valued at $12,974,000 after buying an additional 24,887 shares in the last quarter. Trust Co. of Toledo NA OH purchased a new stake in shares of CMS Energy Corporation during the second quarter valued at about $205,000. Finally, Creative Planning raised its stake in shares of CMS Energy Corporation by 7.6% in the second quarter. Creative Planning now owns 8,085 shares of the utilities provider’s stock valued at $374,000 after buying an additional 568 shares in the last quarter. Institutional investors and hedge funds own 86.98% of the company’s stock.

CMS Energy Corporation (NYSE CMS) traded up 0.22% during trading on Monday, reaching $46.00. 1,305,350 shares of the company’s stock traded hands. The firm has a 50 day moving average price of $46.99 and a 200-day moving average price of $44.44. CMS Energy Corporation has a 12 month low of $38.78 and a 12 month high of $48.37. The firm has a market cap of $12.88 billion, a PE ratio of 21.89 and a beta of 0.16.

CMS Energy Corporation (NYSE:CMS) last issued its quarterly earnings results on Monday, May 1st. The utilities provider reported $0.71 EPS for the quarter, topping the consensus estimate of $0.65 by $0.06. CMS Energy Corporation had a net margin of 9.12% and a return on equity of 13.94%. The firm had revenue of $1.83 billion for the quarter, compared to analysts’ expectations of $1.91 billion. During the same period in the previous year, the firm posted $0.59 EPS. The company’s revenue for the quarter was up 1.6% on a year-over-year basis. On average, analysts forecast that CMS Energy Corporation will post $2.17 earnings per share for the current fiscal year.

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Several analysts recently issued reports on the company. BidaskClub lowered CMS Energy Corporation from a “buy” rating to a “hold” rating in a report on Thursday, July 6th. BMO Capital Markets reissued a “buy” rating and set a $48.00 target price on shares of CMS Energy Corporation in a research report on Tuesday, May 2nd. Barclays PLC reissued an “equal weight” rating and set a $49.00 target price (up from $44.00) on shares of CMS Energy Corporation in a research report on Sunday, April 23rd. Finally, Deutsche Bank AG increased their target price on shares of CMS Energy Corporation from $47.00 to $48.00 and gave the stock a “buy” rating in a research report on Tuesday, April 11th. Six investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $46.50.

In other CMS Energy Corporation news, SVP Catherine M. Reynolds sold 10,246 shares of the business’s stock in a transaction dated Monday, May 8th. The shares were sold at an average price of $45.49, for a total transaction of $466,090.54. Following the sale, the senior vice president now directly owns 113,956 shares of the company’s stock, valued at approximately $5,183,858.44. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, VP Glenn P. Barba sold 16,000 shares of the business’s stock in a transaction dated Tuesday, May 9th. The stock was sold at an average price of $45.12, for a total transaction of $721,920.00. Following the sale, the vice president now directly owns 33,913 shares in the company, valued at $1,530,154.56. The disclosure for this sale can be found here. Insiders have sold a total of 88,246 shares of company stock worth $4,114,711 over the last three months. Insiders own 0.65% of the company’s stock.

About CMS Energy Corporation

CMS Energy Corporation is an energy company operating primarily in Michigan. The Company operates through three segments: electric utility, which consists of regulated activities associated with the generation, transmission and distribution of electricity in Michigan; gas utility, which consists of regulated activities associated with the transportation, storage and distribution of natural gas in Michigan, and enterprises, which consists of various subsidiaries engaging primarily in domestic independent power production.

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Institutional Ownership by Quarter for CMS Energy Corporation (NYSE:CMS)

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