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CMS Energy (CMS) “Equal-Weight” Rating Kept by Morgan Stanley; The Target Price is Set to $45; Western Asset Global High Income Fund Has 2.06 Sentiment

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In an analyst report issued to clients on today, Morgan Stanley reaffirmed their “Equal-Weight” rating on CMS Energy (NYSE:CMS)‘s stock. The target price would indicate a potential upside of 2.09% from firm’s current price.

Western Asset Global High Income Fund Inc (EHI) investors sentiment increased to 2.06 in Q1 2018. It’s up 0.30, from 1.76 in 2017Q4. The ratio is positive, as 35 institutional investors started new and increased stock positions, while 17 decreased and sold their holdings in Western Asset Global High Income Fund Inc. The institutional investors in our database now own: 11.35 million shares, up from 10.31 million shares in 2017Q4. Also, the number of institutional investors holding Western Asset Global High Income Fund Inc in top ten stock positions was flat from 0 to 0 for the same number . Sold All: 4 Reduced: 13 Increased: 20 New Position: 15.

The stock decreased 0.21% or $0.02 during the last trading session, reaching $9.3. About 101,818 shares traded. Western Asset Global High Income Fund Inc. (EHI) has declined 9.56% since June 16, 2017 and is downtrending. It has underperformed by 22.13% the S&P500.

Shaker Financial Services Llc holds 2.01% of its portfolio in Western Asset Global High Income Fund Inc. for 442,131 shares. Rivernorth Capital Management Llc owns 2.25 million shares or 1.57% of their US portfolio. Moreover, Saba Capital Management L.P. has 0.64% invested in the company for 1.23 million shares. The Michigan-based Robinson Capital Management Llc has invested 0.41% in the stock. Vident Investment Advisory Llc, a Georgia-based fund reported 680,246 shares.

Another recent and important CMS Energy Corporation (NYSE:CMS) news was published by Prnewswire.com which published an article titled: “CMS Energy Becomes First US Company to Enter Sustainability-Linked Loan” on June 06, 2018.

The stock increased 1.05% or $0.46 during the last trading session, reaching $44.08. About 4.20 million shares traded or 48.69% up from the average. CMS Energy Corporation (NYSE:CMS) has declined 3.78% since June 16, 2017 and is downtrending. It has underperformed by 16.35% the S&P500. Some Historical CMS News: 18/05/2018 – PTA-CMS: Nexus AG: Release of capital market information – 82. Interim Reporting; 14/05/2018 – MYOMO – CMS PUBLISHED FAVORABLE PRELIMINARY DECISION REGARDING APPLICATION FOR HEALTHCARE COMMON PROCEDURE CODING SYSTEM “L” CODES; 25/05/2018 – PTA-CMS: Nexus AG: Release of capital market information – 83. Interim Reporting; 19/04/2018 – Memorial Hermann Earns CMS Certification for Lung Transplant Program; 10/05/2018 – Consumers Energy Signs Large Deal at Switch’s Pyramid Campus in Grand Rapids; 06/03/2018 – Sen Finance Cmte: Hatch Praises New, Patient-Centered CMS Initiatives; 11/04/2018 – CMS: Medicare Provider Reimbursement Manual – Part 2, Provider Cost Reporting Forms and Instructions, Chapter 43, Form CMS-1984; 16/03/2018 – CMS FINALIZES COVERAGE OF NEXT GENERATION SEQUENCING TESTS; 06/03/2018 – CMS ENERGY CORP SAYS NOTES WILL MATURE ON MARCH 15, 2078; 22/03/2018 – Sen Finance Cmte: Bipartisan, Bicameral Health Committee Leaders Push CMS on Stronger Oversight of the Medicaid Drug Rebate

CMS Energy Corporation operates as an energy firm primarily in Michigan. The company has market cap of $12.45 billion. It operates through three divisions: Electric Utility, Gas Utility, and Enterprises. It has a 26.88 P/E ratio. The Electric Utility segment engages in the generation, purchase, transmission, distribution, and sale of electricity.

Analysts await CMS Energy Corporation (NYSE:CMS) to report earnings on July, 27. They expect $0.36 EPS, up 9.09% or $0.03 from last year’s $0.33 per share. CMS’s profit will be $101.70M for 30.61 P/E if the $0.36 EPS becomes a reality. After $0.86 actual EPS reported by CMS Energy Corporation for the previous quarter, Wall Street now forecasts -58.14% negative EPS growth.

Among 17 analysts covering CMS Energy Corporation (NYSE:CMS), 7 have Buy rating, 0 Sell and 10 Hold. Therefore 41% are positive. CMS Energy Corporation has $55.0 highest and $32 lowest target. $46.19’s average target is 4.79% above currents $44.08 stock price. CMS Energy Corporation had 53 analyst reports since August 31, 2015 according to SRatingsIntel. SunTrust maintained it with “Hold” rating and $51.0 target in Monday, December 4 report. As per Thursday, August 10, the company rating was maintained by Morgan Stanley. Barclays Capital maintained it with “Equal-Weight” rating and $43 target in Friday, March 18 report. Morgan Stanley maintained CMS Energy Corporation (NYSE:CMS) on Monday, November 13 with “Equal-Weight” rating. As per Friday, September 8, the company rating was maintained by Morgan Stanley. Bank of America maintained the shares of CMS in report on Monday, February 26 with “Buy” rating. The stock of CMS Energy Corporation (NYSE:CMS) has “Hold” rating given on Monday, October 30 by RBC Capital Markets. The stock has “Equal-Weight” rating by Morgan Stanley on Tuesday, February 13. Suntrust Robinson maintained CMS Energy Corporation (NYSE:CMS) on Monday, August 29 with “Neutral” rating. The company was maintained on Wednesday, May 30 by KeyBanc Capital Markets.

Investors sentiment decreased to 1.09 in Q1 2018. Its down 0.31, from 1.4 in 2017Q4. It is negative, as 44 investors sold CMS Energy Corporation shares while 136 reduced holdings. 48 funds opened positions while 149 raised stakes. 235.18 million shares or 0.11% less from 235.44 million shares in 2017Q4 were reported. Strs Ohio reported 138,063 shares or 0.03% of all its holdings. Amer Int Grp Inc has 161,619 shares for 0.03% of their portfolio. First Interstate Commercial Bank holds 0% of its portfolio in CMS Energy Corporation (NYSE:CMS) for 66 shares. Sumitomo Life Insur reported 46,006 shares or 0.28% of all its holdings. International Inc Ca stated it has 0.17% in CMS Energy Corporation (NYSE:CMS). Hbk Invs Lp holds 256,867 shares. Manufacturers Life The accumulated 0.01% or 282,045 shares. Pggm Invests reported 174,200 shares stake. Franklin Res Inc has 5.30M shares for 0.12% of their portfolio. Brinker Cap has invested 0.06% in CMS Energy Corporation (NYSE:CMS). Preferred Limited invested in 3,076 shares or 0.06% of the stock. Chevy Chase Tru reported 242,153 shares. Blue Chip Prns stated it has 2,423 shares or 0.03% of all its holdings. Stifel Fincl owns 0% invested in CMS Energy Corporation (NYSE:CMS) for 33,172 shares. Suntrust Banks invested in 0.04% or 134,925 shares.

CMS Energy Corporation (NYSE:CMS) Institutional Positions Chart

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