CMS Energy Corporation (CMS) : Castleton Investment Management scooped up 37,400 additional shares in CMS Energy Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Nov 14, 2016. The investment management firm now holds a total of 483,399 shares of CMS Energy Corporation which is valued at $19,089,427.CMS Energy Corporation makes up approximately 9.28% of Castleton Investment Management’s portfolio.
Other Hedge Funds, Including , Highbridge Capital Management added CMS to its portfolio by purchasing 283,800 company shares during the most recent quarter which is valued at $11,281,050. CMS Energy Corporation makes up approx 0.30% of Highbridge Capital Management’s portfolio. Winton Group Ltd added CMS to its portfolio by purchasing 37,101 company shares during the most recent quarter which is valued at $1,547,483. CMS Energy Corporation makes up approx 0.03% of Winton Group Ltd’s portfolio.Teacher Retirement System Of Texas reduced its stake in CMS by selling 9,051 shares or 45.64% in the most recent quarter. The Hedge Fund company now holds 10,782 shares of CMS which is valued at $439,690.
CMS Energy Corporation closed down -0.05 points or -0.13% at $39.72 with 12,57,027 shares getting traded on Monday. Post opening the session at $39.74, the shares hit an intraday low of $39.515 and an intraday high of $39.99 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 $0.70 EPS for the quarter, beating the analyst consensus estimate by $ 0.09 according to the earnings call on Oct 27, 2016. Analyst had a consensus of $0.61. The company had revenue of $1587.00 million for the quarter, compared to analysts expectations of $1721.54 million. The company’s revenue was up 6.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.53 EPS.
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.