CMS Energy (CMS) Reaches $43.67 After 3.00% Down Move; Taurus Asset Management Has Boosted Colgate Palmolive Co (CL) Stake By $935,780

June 6, 2018 - By Richard Conner

CMS Energy Corporation (NYSE:CMS) Logo

Taurus Asset Management Llc increased Colgate Palmolive Co (CL) stake by 7.12% reported in 2018Q1 SEC filing. Taurus Asset Management Llc acquired 13,180 shares as Colgate Palmolive Co (CL)’s stock declined 10.30%. The Taurus Asset Management Llc holds 198,355 shares with $14.22 million value, up from 185,175 last quarter. Colgate Palmolive Co now has $54.57B valuation. The stock increased 0.43% or $0.27 during the last trading session, reaching $62.56. About 1.48 million shares traded. Colgate-Palmolive Company (NYSE:CL) has declined 15.42% since June 6, 2017 and is downtrending. It has underperformed by 27.99% the S&P500. Some Historical CL News: ; 25/05/2018 – Hartford HLS Cuts Colgate-Palmolive; 27/04/2018 – Colgate-Palmolive Sees Low-Single-Digit Organic Sales Growth in 2018; 04/05/2018 – COLGATE-PALMOLIVE CO – HICKEY WILL ASSUME ROLE OF VICE CHAIRMAN; 07/03/2018 – Colgate Recommends Shareholders Reject “Mini-Tender” Offer By Baker Mills LLC; 27/04/2018 – COLGATE-PALMOLIVE – CONTINUE TO PLAN FOR INCREASED ADVERTISING INVESTMENT FOR FULL YEAR IN SUPPORT OF NEW PRODUCTS; 04/05/2018 – COLGATE NAMES HENNING JAKOBSEN AS CFO-DENNIS HICKEY AS VICE; 27/04/2018 – COLGATE-PALMOLIVE CO QTRLY ORGANIC SALES INCREASED 1.5%; 21/05/2018 – COLGATE-PALMOLIVE (INDIA) LTD COLG.NS SAYS VOLUME GROWTH OF 4 PCT IN QTR; 21/05/2018 – COLGATE-PALMOLIVE (INDIA) LTD COLG.NS – CONSENSUS FORECAST FOR MARCH QTR PROFIT WAS 1.84 BLN RUPEES; 21/05/2018 – COLGATE INDIA 4Q REV. 10.9B RUPEES




The stock of CMS Energy Corporation (NYSE:CMS) is a huge mover today! The stock decreased 1.14% or $0.505 during the last trading session, reaching $43.665. About 1.06 million shares traded. CMS Energy Corporation (NYSE:CMS) has declined 3.78% since June 6, 2017 and is downtrending. It has underperformed by 16.35% the S&P500. Some Historical CMS News: ; 09/03/2018 – Dept Insur (ID): CMS Response – (3/9/2018); 05/03/2018 – CMS ENERGY OUTLOOK STABLE BY FITCH; 28/03/2018 – EnergyComMinorty: E&C, W&M Leaders Call on CMS to Strengthen Medicare Advantage & Part D Programs; 09/05/2018 – AMAG Pharmaceuticals Commends CMS for Clarifying Part D Coverage of Treatments for Moderate to Severe Dyspareunia Due to Menopa; 23/05/2018 – DGAP-CMS: QIAGEN N.V.: Release of a capital market information; 16/03/2018 – CMS FINALIZES COVERAGE OF NEXT GENERATION SEQUENCING TESTS; 18/05/2018 – PTA-CMS: Nexus AG: Release of capital market information – 82. Interim Reporting; 03/04/2018 – DGAP-CMS: adidas AG: Release of a capital market information; 29/03/2018 – Contentstack Introduces CMS Modular Blocks, A Dynamic New Way to Create Pages Quickly and Easily; 16/03/2018 – Sen Finance Cmte: Bipartisan, Bicameral Leaders Urge CMS to Further Improve Medicaid Data SystemThe move comes after 9 months negative chart setup for the $12.33B company. It was reported on Jun, 6 by Barchart.com. We have $42.36 PT which if reached, will make NYSE:CMS worth $369.99M less.

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 $101.68 million for 30.32 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.

CMS Energy Corporation operates as an energy firm primarily in Michigan. The company has market cap of $12.33 billion. It operates through three divisions: Electric Utility, Gas Utility, and Enterprises. It has a 26.62 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 Globenewswire.com which published an article titled: “Viridity Energy Solutions and Consumers Energy to Implement Energy Management & Demand Response Solutions …” on June 04, 2018.

Investors sentiment decreased to 1.09 in Q1 2018. Its down 0.31, from 1.4 in 2017Q4. It worsened, 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. Profund Ltd Liability Co has 0.03% invested in CMS Energy Corporation (NYSE:CMS) for 18,380 shares. Ajo Limited Partnership holds 0.1% of its portfolio in CMS Energy Corporation (NYSE:CMS) for 504,001 shares. Janney Montgomery Scott Llc owns 0.02% invested in CMS Energy Corporation (NYSE:CMS) for 42,580 shares. Apg Asset Mgmt Nv holds 0.03% or 433,250 shares. 150,864 were accumulated by Td Asset. State Common Retirement Fund has invested 0.04% of its portfolio in CMS Energy Corporation (NYSE:CMS). Rampart Inv Management Com has invested 0.01% in CMS Energy Corporation (NYSE:CMS). Tiedemann Advisors Ltd Liability stated it has 43,835 shares. Jennison Assoc Limited Com owns 2.76 million shares for 0.12% of their portfolio. Bp Public Ltd stated it has 33,000 shares. Bluecrest Cap Mgmt Limited holds 0.02% or 11,625 shares. Ibm Retirement Fund invested 0.05% in CMS Energy Corporation (NYSE:CMS). Gradient Invests accumulated 1,087 shares or 0% of the stock. 25,400 are held by Capital Interest Ca. Moody Comml Bank Tru Division invested in 0.04% or 17,998 shares.

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. The firm has “Sector Perform” rating by Scotia Capital given on Friday, July 15. On Wednesday, December 13 the stock rating was maintained by Morgan Stanley with “Equal-Weight”. The stock of CMS Energy Corporation (NYSE:CMS) earned “Equal-Weight” rating by Morgan Stanley on Thursday, August 10. The stock of CMS Energy Corporation (NYSE:CMS) has “Hold” rating given on Tuesday, December 26 by SunTrust. Bank of America maintained CMS Energy Corporation (NYSE:CMS) rating on Monday, February 26. Bank of America has “Buy” rating and $49 target. Morgan Stanley maintained it with “Equal-Weight” rating and $50 target in Friday, September 8 report. The rating was maintained by SunTrust with “Neutral” on Monday, September 26. KeyBanc Capital Markets maintained the stock with “Overweight” rating in Wednesday, May 30 report. The company was maintained on Monday, October 19 by Suntrust Robinson. The stock has “Hold” rating by SunTrust on Monday, April 2.

More recent Colgate-Palmolive Company (NYSE:CL) news were published by: Seekingalpha.com which released: “Colgate-Palmolive Offers An Attractive Entry Point” on May 30, 2018. Also Seekingalpha.com published the news titled: “Colgate-Palmolive: A Consumer Defensive Heavyweight” on May 14, 2018. Investorplace.com‘s news article titled: “For Now It’s Best to Avoid Colgate-Palmolive Company Stock” with publication date: May 31, 2018 was also an interesting one.

Investors sentiment decreased to 0.69 in Q1 2018. Its down 0.18, from 0.87 in 2017Q4. It dived, as 71 investors sold CL shares while 487 reduced holdings. 72 funds opened positions while 313 raised stakes. 605.00 million shares or 0.22% less from 606.34 million shares in 2017Q4 were reported. South State Corporation owns 32,794 shares for 0.27% of their portfolio. 60,671 are held by Woodley Farra Manion Management. Kanawha Mgmt Ltd Liability invested 0.95% in Colgate-Palmolive Company (NYSE:CL). Waverton Inv Mgmt Limited has invested 0.36% of its portfolio in Colgate-Palmolive Company (NYSE:CL). Ingalls Snyder Limited Liability stated it has 0.49% in Colgate-Palmolive Company (NYSE:CL). Cobblestone Lc New York holds 0.03% in Colgate-Palmolive Company (NYSE:CL) or 4,260 shares. Paradigm Asset Communications Ltd Llc holds 0% or 2,750 shares in its portfolio. Roffman Miller Assocs Pa holds 218,840 shares or 1.99% of its portfolio. Amundi Pioneer Asset Mngmt has invested 0.39% in Colgate-Palmolive Company (NYSE:CL). Covington Inv has invested 0.17% of its portfolio in Colgate-Palmolive Company (NYSE:CL). Northern Tru holds 10.55M shares or 0.2% of its portfolio. Delta Asset Ltd Llc Tn stated it has 7,866 shares. Garrison Financial accumulated 5,637 shares or 0.23% of the stock. 8,400 are held by Segment Wealth Management Limited Liability Corporation. Telemus Cap Llc stated it has 0.12% in Colgate-Palmolive Company (NYSE:CL).

Since December 13, 2017, it had 0 insider buys, and 25 insider sales for $43.37 million activity. $4.94M worth of Colgate-Palmolive Company (NYSE:CL) was sold by MOISON FRANCK J on Monday, May 14. The insider CAHILL JOHN T sold $489,696. HICKEY DENNIS J had sold 5,651 shares worth $396,561 on Tuesday, February 20. Daniels Jennifer had sold 902 shares worth $68,390. Shares for $435,600 were sold by Gayle Helene D on Thursday, May 10. 2,572 shares were sold by Deoras Mukul, worth $180,521 on Tuesday, February 20. Dolan Victoria L also sold $120,830 worth of Colgate-Palmolive Company (NYSE:CL) shares.

Among 27 analysts covering Colgate-Palmolive (NYSE:CL), 6 have Buy rating, 1 Sell and 20 Hold. Therefore 22% are positive. Colgate-Palmolive had 72 analyst reports since July 21, 2015 according to SRatingsIntel. On Friday, January 15 the stock rating was upgraded by BNP Paribas to “Outperform”. The firm earned “Market Perform” rating on Tuesday, November 15 by Wells Fargo. The rating was downgraded by Morgan Stanley on Monday, April 30 to “Hold”. The firm has “Hold” rating by RBC Capital Markets given on Friday, November 10. The stock of Colgate-Palmolive Company (NYSE:CL) has “Overweight” rating given on Wednesday, January 6 by Atlantic Securities. The stock of Colgate-Palmolive Company (NYSE:CL) has “Hold” rating given on Wednesday, August 5 by Zacks. The firm earned “Neutral” rating on Friday, October 28 by UBS. The rating was maintained by Stifel Nicolaus with “Hold” on Monday, January 30. The rating was maintained by Stifel Nicolaus with “Hold” on Monday, September 18. The rating was maintained by RBC Capital Markets with “Hold” on Tuesday, August 1.

Colgate-Palmolive Company (NYSE:CL) Institutional Positions Chart

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