CMS Energy Corporation (CMS) : Gateway Advisory scooped up 12,459 additional shares in CMS Energy Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 10, 2016. The investment management firm now holds a total of 23,687 shares of CMS Energy Corporation which is valued at $993,196.CMS Energy Corporation makes up approximately 0.47% of Gateway Advisory’s portfolio.
Other Hedge Funds, Including , Blackrock Japan Ltd boosted its stake in CMS in the latest quarter, The investment management firm added 70,844 additional shares and now holds a total of 409,992 shares of CMS Energy Corporation which is valued at $17,190,965. CMS Energy Corporation makes up approx 0.06% of Blackrock Japan Ltd’s portfolio.Liberty Mutual Group Asset Management boosted its stake in CMS in the latest quarter, The investment management firm added 48 additional shares and now holds a total of 17,124 shares of CMS Energy Corporation which is valued at $703,968. CMS Energy Corporation makes up approx 0.03% of Liberty Mutual Group Asset Management’s portfolio. Yorktown Management Research Co Inc sold out all of its stake in CMS during the most recent quarter. The investment firm sold 6,500 shares of CMS which is valued $267,215.Gamco Investors Et Al reduced its stake in CMS by selling 3,000 shares or 6.34% in the most recent quarter. The Hedge Fund company now holds 44,300 shares of CMS which is valued at $1,821,173. CMS Energy Corporation makes up approx 0.01% of Gamco Investors Et Al’s portfolio.Pitcairn Co reduced its stake in CMS by selling 510 shares or 7.1% in the most recent quarter. The Hedge Fund company now holds 6,669 shares of CMS which is valued at $271,295. CMS Energy Corporation makes up approx 0.03% of Pitcairn Co’s portfolio.
CMS Energy Corporation closed down -0.1 points or -0.24% at $41.83 with 22,55,634 shares getting traded on Monday. Post opening the session at $41.9, the shares hit an intraday low of $41.6 and an intraday high of $41.95 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
On the company’s financial health, CMS Energy Corporation reported $0.59 EPS for the quarter, based on the information available during the earnings call on Apr 28, 2016. Analyst had a consensus estimate of $0.59. The company had revenue of $1801.00 million for the quarter, compared to analysts expectations of $2008.57 million. The company’s revenue was down -14.7 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.73 EPS.
Many Wall Street Analysts have commented on CMS Energy Corporation. CMS Energy Corporation was Downgraded by Macquarie to ” Neutral” on Apr 5, 2016.
CMS Energy Corporation (CMS Energy) is an energy company. The Company operates in three segments: consumers electric utility consumers gas utility and enterprises. CMS Energy is engaged in independent power production and owns power generation facilities fueled by natural gas and biomass. Its subsidiaries include Consumers Energy Company (Consumers) and CMS Enterprises Company (CMS Enterprises). Consumers is an electric and gas utility and CMS Enterprises is a domestic independent power producer. The Consumers electric utility segment’s operations include the generation purchase distribution and sale of electricity. CMS Energy’s enterprises segment is engaged in domestic independent power production and the marketing of independent power production. Consumers’ gas utility operations include the purchase transmission storage distribution and sale of natural gas.