Boltwood Capital Management Trimmed Exxon Mobil (XOM) Stake; CMS Energy (CMS) Covered By 7 Bulls

June 13, 2018 - By Annabelle Johnson

CMS Energy Corporation (NYSE:CMS) Logo

Boltwood Capital Management decreased Exxon Mobil (XOM) stake by 9.38% reported in 2018Q1 SEC filing. Boltwood Capital Management sold 4,264 shares as Exxon Mobil (XOM)’s stock declined 0.16%. The Boltwood Capital Management holds 41,206 shares with $3.07M value, down from 45,470 last quarter. Exxon Mobil now has $348.95B valuation. The stock decreased 0.82% or $0.68 during the last trading session, reaching $82.42. About 12.35M shares traded. Exxon Mobil Corporation (NYSE:XOM) has declined 3.72% since June 13, 2017 and is downtrending. It has underperformed by 16.29% the S&P500. Some Historical XOM News: ; 27/04/2018 – STONE ENERGY – EXECUTION OF DEAL TO PURCHASE RAM POWELL UNIT, RELATED ASSETS, FROM SHELL OFFSHORE, EXXON MOBIL CORPORATION AND ANADARKO US OFFSHORE; 29/03/2018 – EXXON TO CONTINUE LOOKING AT OPPORTUNITIES IN BRAZIL: LACERDA; 24/05/2018 – Exxon CEO Defends Plan, Petrobras Sinks on Strike: Energy Wrap; 07/03/2018 – Exxon sees earnings doubling by 2025 at current oil prices; 01/05/2018 – EXXON VICE PRESIDENT ERIK OSWALD COMMENT IN HOUSTON SPEECH; 16/04/2018 – Saudi Aramco downstream profit lagged peers in H1 2017 – Bloomberg; 29/03/2018 – New York AG: Statement From A.G. Schneiderman On Victory Over Exxon In Federal Lawsuit; 02/04/2018 – EXXON BAYTOWN TEXAS REFINERY BEGINS FLEXICOKER OVERHAUL; 15/03/2018 – RPT-INSIGHT-Weathering Trump’s skepticism, US officials still fighting global warming; 17/04/2018 – ETHOSENERGY – THE CONTRACT IS FOR SUPPLY OF NEW W251B8 GAS TURBINE ROTOR

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 had 52 analyst reports since August 31, 2015 according to SRatingsIntel. As per Tuesday, February 13, the company rating was maintained by Morgan Stanley. SunTrust maintained the stock with “Hold” rating in Monday, November 20 report. On Wednesday, May 30 the stock rating was maintained by KeyBanc Capital Markets with “Overweight”. On Friday, March 18 the stock rating was maintained by Barclays Capital with “Equal-Weight”. As per Monday, April 2, the company rating was maintained by SunTrust. Bank of America maintained CMS Energy Corporation (NYSE:CMS) on Monday, February 26 with “Buy” rating. Wells Fargo maintained CMS Energy Corporation (NYSE:CMS) rating on Thursday, February 15. Wells Fargo has “Buy” rating and $50.0 target. The firm has “Neutral” rating given on Wednesday, January 25 by Credit Suisse. The firm has “Buy” rating by BMO Capital Markets given on Friday, July 28. SunTrust maintained it with “Neutral” rating and $44 target in Monday, September 26 report. See CMS Energy Corporation (NYSE:CMS) latest ratings:

30/05/2018 Broker: KeyBanc Capital Markets Old Rating: Overweight New Rating: Overweight Old Target: $46 New Target: $47 Maintain
18/04/2018 Broker: KeyBanc Capital Markets Old Rating: Overweight New Rating: Overweight Old Target: $45 New Target: $46 Maintain
16/04/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $45 New Target: $48 Maintain
13/04/2018 Broker: Citigroup Rating: Neutral New Target: $46 Initiates Coverage On
02/04/2018 Broker: SunTrust Rating: Hold New Target: $47.0000 Maintain
26/03/2018 Broker: SunTrust Rating: Hold New Target: $45.0000 Maintain
19/03/2018 Broker: SunTrust Rating: Hold New Target: $46.0 Maintain
08/03/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $46 New Target: $45 Maintain
26/02/2018 Broker: Bank of America Old Rating: Buy New Rating: Buy Old Target: $48 New Target: $49 Maintain
15/02/2018 Broker: Wells Fargo Rating: Buy New Target: $50.0 Maintain

Investors sentiment decreased to 1.09 in Q1 2018. Its down 0.31, from 1.4 in 2017Q4. It dropped, 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. Hsbc Hldg Plc holds 0.02% of its portfolio in CMS Energy Corporation (NYSE:CMS) for 341,164 shares. Mackay Shields Lc reported 190,777 shares. Guardian Life Insur Of America invested in 655 shares or 0.01% of the stock. First Financial In stated it has 0.12% in CMS Energy Corporation (NYSE:CMS). First Quadrant L P Ca owns 5,614 shares for 0% of their portfolio. Gabelli Funds has 205,000 shares for 0.06% of their portfolio. Moreover, Colony Grp Inc Limited Liability Com has 0.01% invested in CMS Energy Corporation (NYSE:CMS). Tiverton Asset Ltd Limited Liability Company has 1,269 shares. 4,739 were accumulated by Fdx Advsrs. Livforsakringsbolaget Skandia Omsesidigt owns 4,279 shares for 0.04% of their portfolio. 608 were reported by Synovus Fincl Corp. Transamerica Fincl Advsr Inc holds 28 shares or 0% of its portfolio. Oakbrook Investments Ltd Liability Corporation holds 11,538 shares. Pnc Fin Services Group Inc Inc owns 34,975 shares or 0% of their US portfolio. Rare Infra has 0.01% invested in CMS Energy Corporation (NYSE:CMS) for 3,650 shares.

The stock increased 1.57% or $0.67 during the last trading session, reaching $43.3. About 3.25M shares traded or 16.68% up from the average. CMS Energy Corporation (NYSE:CMS) has declined 3.78% since June 13, 2017 and is downtrending. It has underperformed by 16.35% the S&P500. Some Historical CMS News: ; 16/03/2018 – PTA-CMS: Nexus AG: Release of capital market information – 73. Interim Reporting; 08/03/2018 – EnergyComMinorty: Pallone on CMS’s Rejection of Idaho’s Illegal Junk Plans; 08/03/2018 – Malaysian Cement & Concrete Manufacturers Industry Report 2018 – lndividual Analysis on the Top 30 Companies Including Oriental Holdings Berhad, CMS Cement and Alliance Precast Industries – ResearchAndMarkets; 09/03/2018 – Dept Insur (ID): March 9 CMS Response; 29/03/2018 – Contentstack Introduces CMS Modular Blocks, A Dynamic New Way to Create Pages Quickly and Easily; 02/04/2018 – Argo Translation’s CMS Connect™ Plugin Makes Content Management Translation, Updates Easy; 09/05/2018 – AMAG Pharmaceuticals Commends CMS for Clarifying Part D Coverage of Treatments for Moderate to Severe Dyspareunia Due to Menopa; 17/04/2018 – California AG: Attorney General Becerra Joins CMS to Announce Release of New Medicare Cards, Issues Consumer Alert for Seniors; 18/04/2018 – InspectorGeneral: CMS’s Policies and Procedures Were Generally Effective in Ensuring That Prescription Drug Coverage Capitation; 05/03/2018 – S&PGR Rates CMS Energy Corp. Jr Sub Nts ‘BBB-‘: Rtgs Afrmd

CMS Energy Corporation operates as an energy firm primarily in Michigan. The company has market cap of $12.23 billion. It operates through three divisions: Electric Utility, Gas Utility, and Enterprises. It has a 26.4 P/E ratio. The Electric Utility segment engages in the generation, purchase, transmission, distribution, and sale of electricity.

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.

More notable recent Exxon Mobil Corporation (NYSE:XOM) news were published by: Seekingalpha.com which released: “Exxon Mobil bulks up energy trading” on June 12, 2018, also Fool.com with their article: “3 Stocks for Warren Buffett Fans” published on June 12, 2018, 247Wallst.com published: “The 6 Most Important Things in Business Today” on June 12, 2018. More interesting news about Exxon Mobil Corporation (NYSE:XOM) were released by: Seekingalpha.com and their article: “Exxon Mobil: Destined To Underperform?” published on May 22, 2018 as well as Streetinsider.com‘s news article titled: “ExxonMobil (XOM) Says it Advanced Liza Phase 1 Development” with publication date: June 12, 2018.

Analysts await Exxon Mobil Corporation (NYSE:XOM) to report earnings on July, 27. They expect $1.19 EPS, up 52.56% or $0.41 from last year’s $0.78 per share. XOM’s profit will be $5.04 billion for 17.32 P/E if the $1.19 EPS becomes a reality. After $1.09 actual EPS reported by Exxon Mobil Corporation for the previous quarter, Wall Street now forecasts 9.17% EPS growth.

Exxon Mobil Corporation (NYSE:XOM) Institutional Positions Chart