Assetmark Inc. boosted its position in shares of CMS Energy Co. (NYSE:CMS) by 2.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 64,475 shares of the utilities provider’s stock after buying an additional 1,756 shares during the quarter. Assetmark Inc. owned 0.33% of CMS Energy worth $2,940,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in CMS. Welch & Forbes LLC purchased a new stake in CMS Energy during the 3rd quarter worth approximately $2,372,000. Sumitomo Mitsui Trust Holdings Inc. grew its position in CMS Energy by 1.4% during the 3rd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 2,743,223 shares of the utilities provider’s stock worth $103,732,000 after purchasing an additional 36,010 shares during the last quarter. Winthrop Capital Management LLC grew its position in CMS Energy by 62.7% during the 3rd quarter. Winthrop Capital Management LLC now owns 202,289 shares of the utilities provider’s stock worth $8,086,000 after purchasing an additional 80,500 shares during the last quarter. FMR LLC grew its position in CMS Energy by 20.7% during the 3rd quarter. FMR LLC now owns 2,856,233 shares of the utilities provider’s stock worth $114,292,000 after purchasing an additional 487,663 shares during the last quarter. Finally, Ladenburg Thalmann Financial Services Inc. grew its position in CMS Energy by 59.6% during the 3rd quarter. Ladenburg Thalmann Financial Services Inc. now owns 152,778 shares of the utilities provider’s stock worth $6,135,000 after purchasing an additional 60,159 shares during the last quarter. Hedge funds and other institutional investors own 86.07% of the company’s stock.

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CMS Energy Co. (NYSE:CMS) opened at $32.72 on Tuesday. The company has a quick ratio of 0.32, a current ratio of 0.45 and a debt-to-equity ratio of 2.24. The company has a market capitalization of $14,155.42, a P/E ratio of 23.45, a PEG ratio of 3.13 and a beta of 0.06. CMS Energy Co. has a 12 month low of $29.79 and a 12 month high of $39.90.

A number of equities analysts have recently issued reports on the company. Morgan Stanley raised their price target on CMS Energy from $36.00 to $37.00 and gave the stock an “equal weight” rating in a research note on Tuesday, December 5th. Royal Bank of Canada reaffirmed a “hold” rating and issued a $39.00 price target on shares of CMS Energy in a research note on Wednesday, February 28th. Stifel Nicolaus set a $36.00 price target on CMS Energy and gave the stock a “hold” rating in a research note on Wednesday, February 28th. Zacks Investment Research raised CMS Energy from a “sell” rating to a “hold” rating in a research note on Tuesday, December 19th. Finally, UBS Group raised their price target on CMS Energy from $33.00 to $35.00 and gave the stock a “neutral” rating in a research note on Tuesday, December 19th. One research analyst has rated the stock with a sell rating, ten have given a hold rating and one has assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $38.73.

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CMS Energy Company Profile

CMS Energy Corporation (CMS Energy) is an energy company. The Company operates through three segments: Electric Utility and Energy Services, Gas Utility and Energy Services, and Corporate and Other. The Electric Utility and Energy Services segment