Summit Global Investments has acquired a new position in CMS Energy Corporation, purchasing 34,813 shares valued at approximately $2.66 million during the second quarter. Other institutional investors have also adjusted their holdings in the utility provider, which currently has 93.57% institutional ownership. Analysts have given CMS Energy a "Moderate Buy" rating with an average price target of $81.67, following the company's Q2 earnings beat and a declared quarterly dividend of $0.57 per share.
M
Read full storyMarketBeat
Original source
