Centennial Wealth Advisory LLC Has $549,000 Stock Holdings in CMS Energy Co. (NYSE:CMS)

Centennial Wealth Advisory LLC boosted its stake in shares of CMS Energy Co. (NYSE:CMS) by 10.1% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 8,242 shares of the utilities provider’s stock after purchasing an additional 759 shares during the period. Centennial Wealth Advisory LLC’s holdings in CMS Energy were worth $549,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Meeder Advisory Services Inc. boosted its position in CMS Energy by 10.6% during the third quarter. Meeder Advisory Services Inc. now owns 11,925 shares of the utilities provider’s stock valued at $842,000 after purchasing an additional 1,147 shares during the last quarter. Smith Group Asset Management LLC acquired a new stake in shares of CMS Energy in the fourth quarter valued at approximately $333,000. Cetera Investment Advisers lifted its position in shares of CMS Energy by 6.2% in the second quarter. Cetera Investment Advisers now owns 27,850 shares of the utilities provider’s stock valued at $1,658,000 after buying an additional 1,631 shares during the last quarter. Mizuho Securities USA LLC lifted its position in shares of CMS Energy by 992.4% in the third quarter. Mizuho Securities USA LLC now owns 251,525 shares of the utilities provider’s stock valued at $18,075,000 after buying an additional 228,501 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA lifted its position in shares of CMS Energy by 10.4% in the third quarter. Massachusetts Financial Services Co. MA now owns 7,610,120 shares of the utilities provider’s stock valued at $537,503,000 after buying an additional 719,093 shares during the last quarter. 93.57% of the stock is owned by institutional investors and hedge funds.

CMS Energy Price Performance

CMS Energy stock opened at $67.08 on Thursday. The stock’s fifty day moving average price is $66.91 and its two-hundred day moving average price is $67.80. The firm has a market cap of $20.04 billion, a PE ratio of 19.17, a price-to-earnings-growth ratio of 2.39 and a beta of 0.42. CMS Energy Co. has a one year low of $55.10 and a one year high of $72.40. The company has a debt-to-equity ratio of 1.86, a current ratio of 1.23 and a quick ratio of 0.83.

Insider Buying and Selling at CMS Energy

In related news, Director John G. Russell sold 28,750 shares of the firm’s stock in a transaction on Thursday, December 19th. The stock was sold at an average price of $65.85, for a total transaction of $1,893,187.50. Following the sale, the director now owns 144,059 shares of the company’s stock, valued at $9,486,285.15. This trade represents a 16.64 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP Brandon J. Hofmeister sold 2,000 shares of the firm’s stock in a transaction on Monday, November 18th. The shares were sold at an average price of $68.17, for a total value of $136,340.00. Following the sale, the senior vice president now directly owns 64,771 shares in the company, valued at approximately $4,415,439.07. This trade represents a 3.00 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 33,686 shares of company stock valued at $2,228,084. 0.40% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. StockNews.com raised CMS Energy from a “sell” rating to a “hold” rating in a research report on Wednesday. Barclays increased their target price on CMS Energy from $65.00 to $68.00 and gave the stock an “equal weight” rating in a research note on Tuesday, October 15th. Guggenheim lowered CMS Energy from a “buy” rating to a “neutral” rating in a research note on Thursday, January 23rd. BMO Capital Markets lowered their target price on CMS Energy from $77.00 to $76.00 and set an “outperform” rating on the stock in a research note on Friday, November 1st. Finally, Morgan Stanley lowered their target price on CMS Energy from $69.00 to $67.00 and set an “equal weight” rating on the stock in a research note on Friday, November 22nd. Seven analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat.com, CMS Energy presently has an average rating of “Moderate Buy” and a consensus price target of $71.00.

About CMS Energy

CMS Energy Corporation operates as an energy company primarily in Michigan. The company operates through three segments: Electric Utility; Gas Utility; and Enterprises. The Electric Utility segment is involved in the generation, purchase, transmission, distribution, and sale of electricity. This segment generates electricity through coal, wind, gas, renewable energy, oil, and nuclear sources.