CMS Energy Corporation (CMS) : Gwm Advisors scooped up 7,996 additional shares in CMS Energy Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 15, 2016. The investment management firm now holds a total of 79,162 shares of CMS Energy Corporation which is valued at $3,556,749.CMS Energy Corporation makes up approximately 1.46% of Gwm Advisors’s portfolio.
Other Hedge Funds, Including , James Investment Research Inc boosted its stake in CMS in the latest quarter, The investment management firm added 29 additional shares and now holds a total of 12,029 shares of CMS Energy Corporation which is valued at $540,463. CMS Energy Corporation makes up approx 0.01% of James Investment Research Inc’s portfolio.Exxonmobil Investment Management Inc Tx boosted its stake in CMS in the latest quarter, The investment management firm added 4,777 additional shares and now holds a total of 72,260 shares of CMS Energy Corporation which is valued at $3,288,553. CMS Energy Corporation makes up approx 0.07% of Exxonmobil Investment Management Inc Tx’s portfolio. Iowa State Bank added CMS to its portfolio by purchasing 350 company shares during the most recent quarter which is valued at $15,929. CMS Energy Corporation makes up approx 0.01% of Iowa State Bank’s portfolio. Curian Capital sold out all of its stake in CMS during the most recent quarter. The investment firm sold 20,083 shares of CMS which is valued $913,977.
CMS Energy Corporation opened for trading at $44.85 and hit $45.0999 on the upside on Monday, eventually ending the session at $44.93, with a gain of 0.25% or 0.11 points. The heightened volatility saw the trading volume jump to 12,06,106 shares. Company has a market cap of $12,579 M.
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. Scotia Howard Weil Initiated CMS Energy Corporation on Jul 15, 2016 to “Sector Perform”, Price Target of the shares are set at $46.
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.