CMS Energy Corporation (CMS) : Millennium Management scooped up 3,447,347 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 7,444,332 shares of CMS Energy Corporation which is valued at $293,976,671.CMS Energy Corporation makes up approximately 0.57% of Millennium Management’s portfolio.
Other Hedge Funds, Including , Ontario Teachers Pension Plan Board boosted its stake in CMS in the latest quarter, The investment management firm added 868 additional shares and now holds a total of 175,423 shares of CMS Energy Corporation which is valued at $6,927,454. CMS Energy Corporation makes up approx 0.07% of Ontario Teachers Pension Plan Board’s portfolio.Great West Life Assurance Co Can boosted its stake in CMS in the latest quarter, The investment management firm added 3,970 additional shares and now holds a total of 220,734 shares of CMS Energy Corporation which is valued at $9,116,314. CMS Energy Corporation makes up approx 0.03% of Great West Life Assurance Co Can’s portfolio.Blb&b Advisors reduced its stake in CMS by selling 1,325 shares or 2.02% in the most recent quarter. The Hedge Fund company now holds 64,195 shares of CMS which is valued at $2,612,737. CMS Energy Corporation makes up approx 0.49% of Blb&b Advisors’s portfolio.
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.