Are Analysts Bullish about CMS Energy Corporation (NYSE:CMS) after last week?

August 19, 2018 - By Kristin Houston

CMS Energy Corporation (NYSE:CMS) LogoInvestors sentiment decreased to 1.09 in Q1 2018. Its down 0.31, from 1.4 in 2017Q4. It dropped, as 44 investors sold CMS Energy Corporation shares while 136 reduced holdings. 48 funds opened positions while 149 raised stakes. 235.18 million shares or 0.11% less from 235.44 million shares in 2017Q4 were reported.
Meiji Yasuda Asset Ltd stated it has 14,381 shares or 0.06% of all its holdings. Nomura has 0.01% invested in CMS Energy Corporation (NYSE:CMS) for 261,690 shares. Franklin has 5.30M shares for 0.12% of their portfolio. Cls Investments Limited Co holds 0% of its portfolio in CMS Energy Corporation (NYSE:CMS) for 85 shares. Invesco holds 3.50M shares or 0.06% of its portfolio. New Mexico Educational Retirement Board invested in 0.05% or 26,910 shares. Public Employees Retirement Sys Of Ohio stated it has 120,355 shares. Bb&T Limited, Virginia-based fund reported 15,580 shares. D E Shaw And holds 0.02% or 282,363 shares in its portfolio. Mckinley Carter Wealth Svcs Inc accumulated 946 shares or 0.01% of the stock. Dupont Cap Mngmt reported 3,183 shares. Jump Trading Lc owns 9,984 shares or 0.04% of their US portfolio. Aqr Capital Limited Liability reported 361,543 shares. 121,044 are owned by Bnp Paribas Asset Mgmt Holdings. Horizon Lc reported 27,122 shares.

CMS Energy Corporation (NYSE:CMS) Ratings Coverage

Among 7 analysts covering CMS Energy (NYSE:CMS), 3 have Buy rating, 0 Sell and 4 Hold. Therefore 43% are positive. CMS Energy had 15 analyst reports since February 26, 2018 according to SRatingsIntel. SunTrust maintained the shares of CMS in report on Monday, March 19 with “Hold” rating. The company was maintained on Monday, July 16 by Morgan Stanley. The company was maintained on Wednesday, May 30 by KeyBanc Capital Markets. SunTrust maintained CMS Energy Corporation (NYSE:CMS) rating on Monday, April 2. SunTrust has “Hold” rating and $4700 target. The stock of CMS Energy Corporation (NYSE:CMS) has “Equal-Weight” rating given on Wednesday, June 13 by Morgan Stanley. Citigroup maintained the stock with “Neutral” rating in Monday, July 9 report. The rating was maintained by SunTrust on Monday, March 26 with “Hold”. On Thursday, July 19 the stock rating was maintained by KeyBanc Capital Markets with “Overweight”. Morgan Stanley maintained CMS Energy Corporation (NYSE:CMS) rating on Thursday, March 8. Morgan Stanley has “Equal-Weight” rating and $45 target. As per Monday, February 26, the company rating was maintained by Bank of America. Below is a list of CMS Energy Corporation (NYSE:CMS) latest ratings and price target changes.

15/08/2018 Broker: Barclays Capital Rating: Equal-Weight New Target: $51 Initiates Coverage On
24/07/2018 Broker: Howard Weil Rating: Sector Outperform Maintain
19/07/2018 Broker: KeyBanc Capital Markets Old Rating: Overweight New Rating: Overweight Old Target: $47 New Target: $49 Maintain
16/07/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $45 New Target: $49 Maintain
09/07/2018 Broker: Citigroup Old Rating: Neutral New Rating: Neutral Old Target: $46 New Target: $49 Maintain
13/06/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $47 New Target: $45 Maintain
30/05/2018 Broker: KeyBanc Capital Markets Old Rating: Overweight New Rating: Overweight Old Target: $46 New Target: $47 Maintain
18/04/2018 Broker: KeyBanc Capital Markets Old Rating: Overweight New Rating: Overweight Old Target: $45 New Target: $46 Maintain
16/04/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $45 New Target: $48 Maintain
13/04/2018 Broker: Citigroup Rating: Neutral New Target: $46 Initiates Coverage On

The stock increased 0.02% or $0.01 during the last trading session, reaching $49.89. About 2.19M shares traded. CMS Energy Corporation (NYSE:CMS) has declined 3.78% since August 19, 2017 and is downtrending. It has underperformed by 16.35% the S&P500.

CMS Energy Corporation operates as an energy firm primarily in Michigan. The company has market cap of $14.13 billion. It operates through three divisions: Electric Utility, Gas Utility, and Enterprises. It has a 25.57 P/E ratio. The Electric Utility segment engages in the generation, purchase, transmission, distribution, and sale of electricity.

CMS Energy Corporation (NYSE:CMS) Institutional Positions Chart

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