Dividend Action: The $0.31 mark is well within reach for CMS Energy Corporation (NYSE:CMS).

Dividend Action: The $0.31 mark is well within reach for CMS Energy Corporation (NYSE:CMS).

CMS Energy Corporation (NYSE:CMS) is expected to pay $0.31 on Nov 30, 2016. The indicated annual dividend is $1.24. Shareholders owning the stock before Nov 2, 2016 will be eligible to receive the payout. Based on CMS Energy Corporation’s current price of $42.15, the dividend is 0.74%. This dividend’s record date is Nov 4, 2016 and the announcement date is Oct 20, 2016. The stock increased 2.06% or $0.85 on October 31, hitting $42.15. CMS Energy Corporation (NYSE:CMS) has declined 0.17% since March 30, 2016 and is downtrending. It has underperformed by 3.18% the S&P500.

CMS Energy Corporation is an energy firm operating primarily in Michigan. The company has a market cap of $12.04 billion. The Firm operates in three divisions, which include Consumers Electric Utility, Consumers Gas Utility and Enterprises (non-utility activities and investments). It has a 20.24 P/E ratio. CMS Energy, through its subsidiaries and equity investments, is engaged primarily in independent power production and owns power generation facilities fueled by natural gas and biomass.

Insitutional Activity: The institutional sentiment is 1.17 in Q2 2016. Its the same as in 2016Q1. The ratio is flat, as 33 funds sold all CMS Energy Corporation shares owned while 144 reduced positions. only 40 funds bought stakes while 167 increased positions. They now own 245.16 million shares or 0.53% less from 246.47 million shares in 2016Q1.
Brc Invest Mngmt Limited has invested 3.47% of its portfolio in CMS Energy Corporation (NYSE:CMS). Glenmede Trust Na has invested 0.12% of its portfolio in CMS Energy Corporation (NYSE:CMS). Blackrock Institutional Trust Na has invested 0.06% of its portfolio in CMS Energy Corporation (NYSE:CMS). Iowa Financial Bank has 0.01% invested in the company for 350 shares. Boston Advsr owns 64,683 shares or 0.07% of their US portfolio. Parkside National Bank And Trust, a Missouri-based fund reported 49 shares. Evercore Wealth Ltd Liability Co holds 0% of its portfolio in CMS Energy Corporation (NYSE:CMS) for 702 shares. State Bank Of Montreal Can accumulated 0.03% or 480,640 shares. Lord Abbett & Co Limited Liability Company accumulated 0.29% or 2.05 million shares. Honeywell Inc reported 250,000 shares or 0.29% of all its holdings. Mirae Asset Global last reported 10,145 shares in the company. Putnam Ltd Limited Liability Company reported 6,144 shares or 0% of all its holdings. The Ontario – Canada-based Scotia Capital has invested 0.01% in CMS Energy Corporation (NYSE:CMS). Canada Pension Plan Board accumulated 49,269 shares or 0.01% of the stock. Moreover, Avalon Advsr Limited has 0.72% invested in CMS Energy Corporation (NYSE:CMS) for 405,815 shares.

CMS Energy Corporation (NYSE:CMS) Ratings Coverage

Out of 6 analysts covering CMS Energy Corporation (NYSE:CMS), 0 rate it a “Buy”, 0 “Sell”, while 6 “Hold”. This means 0 are positive. CMS Energy Corporation has been the topic of 13 analyst reports since August 31, 2015 according to StockzIntelligence Inc. UBS downgraded CMS Energy Corporation (NYSE:CMS) on Monday, October 26 to “Neutral” rating. The firm has “Equal-Weight” rating given on Friday, March 18 by Barclays Capital. The stock of CMS Energy Corporation (NYSE:CMS) earned “Sector Perform” rating by Scotia Capital on Friday, July 15. The stock has “Neutral” rating given by SunTrust on Monday, March 7. Howard Weil initiated the stock with “Sector Perform” rating in Friday, July 15 report. SunTrust maintained CMS Energy Corporation (NYSE:CMS) on Monday, October 19 with “Neutral” rating. The firm earned “Neutral” rating on Monday, October 19 by Suntrust Robinson. On Monday, September 26 the stock rating was maintained by SunTrust with “Neutral”. As per Monday, August 29, the company rating was maintained by Suntrust Robinson.

More recent CMS Energy Corporation (NYSE:CMS) news were published by: Forbes.com which released: “Ex-Dividend Reminder: Costco Wholesale, Nexstar Broadcasting Group and CMS Energy” on October 31, 2016. Also Businesswire.com published the news titled: “Fitch Rates CMS Energy Corporation’s Senior Notes ‘BBB'” on October 31, 2016. Prnewswire.com‘s news article titled: “Pure Michigan Utility Summit Highlights Consumers Energy’s Commitment to …” with publication date: October 18, 2016 was also an interesting one.

CMS Company Profile

CMS Energy Corporation (CMS Energy), incorporated on February 26, 1987, is an energy firm operating primarily in Michigan. The Firm operates in three divisions, which include Consumers Electric Utility, Consumers Gas Utility and Enterprises (non-utility activities and investments). CMS Energy, through its subsidiaries and equity investments, is engaged primarily in independent power production and owns power generation facilities fueled by natural gas and biomass. The Company’s other business includes EnerBank USA (EnerBank), which is a Utah state-chartered, Federal Deposit Insurance Corporation (FDIC)-insured industrial bank providing unsecured consumer installment loans for financing home improvements. The Company’s subsidiaries include Consumers Energy Company (Consumers), which is an electric and gas utility firm and CMS Enterprises Company (CMS Enterprises), which is a domestic independent power producer.

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