Analysts at Wells Fargo Maintained their “Buy” rating for CMS Energy (CMS) with $50.0 Price Objective; Shorts at Teekay (TK) Lowered By 0.34%

February 15, 2018 - By Maria Brooks

Among 15 analysts covering CMS Energy Corporation (NYSE:CMS), 6 have Buy rating, 0 Sell and 9 Hold. Therefore 40% are positive. CMS Energy Corporation has $55.0 highest and $32 lowest target. $46.80’s average target is 8.53% above currents $43.12 stock price. CMS Energy Corporation had 41 analyst reports since August 31, 2015 according to SRatingsIntel. The stock of CMS Energy Corporation (NYSE:CMS) earned “Hold” rating by SunTrust on Monday, October 16. SunTrust maintained CMS Energy Corporation (NYSE:CMS) rating on Sunday, January 28. SunTrust has “Hold” rating and $45.0 target. The firm has “Equal-Weight” rating by Morgan Stanley given on Friday, September 8. The company was maintained on Monday, November 13 by Morgan Stanley. On Wednesday, October 18 the stock rating was maintained by KeyBanc Capital Markets with “Buy”. SunTrust maintained the shares of CMS in report on Monday, March 7 with “Neutral” rating. SunTrust maintained CMS Energy Corporation (NYSE:CMS) on Tuesday, December 26 with “Hold” rating. The firm has “Hold” rating by SunTrust given on Tuesday, January 16. As per Monday, November 20, the company rating was maintained by SunTrust. On Monday, October 30 the stock rating was maintained by RBC Capital Markets with “Hold”.

Teekay Corporation (NYSE:TK) had a decrease of 0.34% in short interest. TK’s SI was 13.60 million shares in February as released by FINRA. Its down 0.34% from 13.65 million shares previously. With 596,400 avg volume, 23 days are for Teekay Corporation (NYSE:TK)’s short sellers to cover TK’s short positions. The SI to Teekay Corporation’s float is 25.48%. The stock increased 0.46% or $0.035 during the last trading session, reaching $7.665. About 121,050 shares traded. Teekay Corporation (NYSE:TK) has declined 28.54% since February 15, 2017 and is downtrending. It has underperformed by 45.24% the S&P500.

Teekay Corporation provides crude oil and gas marine transportation; offshore oil production; and storage and offloading services in Bermuda and internationally. The company has market cap of $691.82 million. It operates shuttle tankers, floating storage and offloading units, HiLoad dynamic positioning units, and long-distance towing and offshore installation vessels, as well as offers offshore accommodation, storage, and support for maintenance and modification projects. It currently has negative earnings. The firm also operates floating production, storage, and offloading (FPSO) units, as well as other vessels used to service its FPSO contracts; liquefied natural gas (LNG) and liquefied petroleum gas carriers; and conventional crude oil and product tankers.

Among 6 analysts covering Teekay Corporation (NYSE:TK), 2 have Buy rating, 1 Sell and 3 Hold. Therefore 33% are positive. Teekay Corporation had 16 analyst reports since August 7, 2015 according to SRatingsIntel. Morgan Stanley maintained it with “Underweight” rating and $6 target in Monday, February 12 report. The firm earned “Hold” rating on Wednesday, July 27 by Jefferies. Jefferies maintained Teekay Corporation (NYSE:TK) on Monday, June 26 with “Hold” rating. As per Friday, August 4, the company rating was maintained by Jefferies. The stock has “Equal-Weight” rating by Morgan Stanley on Tuesday, May 31. The stock of Teekay Corporation (NYSE:TK) earned “Hold” rating by RBC Capital Markets on Friday, June 16. Jefferies maintained the shares of TK in report on Tuesday, September 5 with “Hold” rating. The stock has “Hold” rating by Jefferies on Monday, December 18.

Investors sentiment decreased to 0.97 in 2017 Q3. Its down 0.25, from 1.22 in 2017Q2. It turned negative, as 34 investors sold CMS Energy Corporation shares while 153 reduced holdings. 52 funds opened positions while 130 raised stakes. 234.63 million shares or 2.93% less from 241.71 million shares in 2017Q2 were reported. The France-based Natixis Asset has invested 0.05% in CMS Energy Corporation (NYSE:CMS). Swiss Bank & Trust reported 0.06% of its portfolio in CMS Energy Corporation (NYSE:CMS). Community State Bank Na holds 235 shares. Sweden-based Livforsakringsbolaget Skandia Omsesidigt has invested 0.02% in CMS Energy Corporation (NYSE:CMS). Arrowstreet Cap Lp has 0% invested in CMS Energy Corporation (NYSE:CMS). Nomura Asset invested 0.05% in CMS Energy Corporation (NYSE:CMS). Calamos Advsrs Ltd Liability Com has invested 0.02% in CMS Energy Corporation (NYSE:CMS). Oregon Pub Employees Retirement Fund owns 30,173 shares. Gamco Investors Et Al has 41,100 shares for 0.01% of their portfolio. Tobam invested 0.64% in CMS Energy Corporation (NYSE:CMS). Tarbox Family Office Inc stated it has 0% of its portfolio in CMS Energy Corporation (NYSE:CMS). Ajo Limited Partnership reported 669,102 shares. Tiaa Cref Inv Limited Liability Com reported 583,980 shares or 0.02% of all its holdings. Ing Groep Nv stated it has 0.01% in CMS Energy Corporation (NYSE:CMS). Suntrust Banks has 0.07% invested in CMS Energy Corporation (NYSE:CMS).

CMS Energy Corporation operates as an energy firm primarily in Michigan. The company has market cap of $12.14 billion. It operates through three divisions: Electric Utility, Gas Utility, and Enterprises. It has a 22.33 P/E ratio. The Electric Utility segment engages in the generation, purchase, transmission, distribution, and sale of electricity.

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By1 Maria Brooks

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