Bruce buys $22.2 Million stake in CMS Energy Corporation (CMS)
CMS Energy Corporation (CMS) : Bruce scooped up 210,300 additional shares in CMS Energy Corporation during the Q4 period, according to a recent disclosure to the SEC. The investment management firm now holds a total of 538,300 shares of CMS Energy Corporation which is valued at $22.2 Million.CMS Energy Corporation makes up approximately 6.80% of Bruce’s portfolio.
Other Hedge Funds, Including , National Pension Service boosted its stake in CMS during the Q4 period, The investment management firm added 12,480 additional shares and now holds a total of 188,224 shares of CMS Energy Corporation which is valued at $7.8 Million. CMS Energy Corporation makes up approx 0.08% of National Pension Service’s portfolio. Ct Mason sold out all of its stake in CMS during the fourth quarter. The investment firm sold 21,470 shares of CMS which is valued $886,926. Element Capital Management added CMS to its portfolio by purchasing 7,452 company shares during the Fourth Quarter which is valued at $307,842. CMS Energy Corporation makes up approx 0.06% of Element Capital Management’s portfolio.Amalgamated Bank reduced its stake in CMS by selling 2,035 shares or 6.13% during the fourth quarter. The Hedge Fund company now holds 31,179 shares of CMS which is valued at $1.3 Million. CMS Energy Corporation makes up approx 0.16% of Amalgamated Bank’s portfolio.Ftb Advisors reduced its stake in CMS by selling 19 shares or 31.67% during the fourth quarter. The Hedge Fund company now holds 41 shares of CMS which is valued at $1,694.
On the company’s financial health, CMS Energy Corporation reported $0.38 EPS for the quarter, based on the information available during the earnings call on Feb 4, 2016. Analyst had a consensus estimate of $0.38. The company had revenue of $1509.00 million for the quarter, compared to analysts expectations of $2048.72 million. The company’s revenue was down -14.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.35 EPS.
CMS Energy Corporation opened for trading at $41.09 and hit $41.6 on the upside on Monday, eventually ending the session at $41.32, with a gain of 0.02% or 0.01 points. The heightened volatility saw the trading volume jump to 21,73,487 shares. Company has a market cap of $11,486 M.