As Cms Energy (CMS) Market Value Rose, Eaton Vance Management Has Decreased Position by $21.61 Million; Grassi Investment Management Has Boosted Stake in Visa Cl A (V) as Valuation Rose

February 16, 2018 - By Dolores Ford

Eaton Vance Management decreased its stake in Cms Energy Corp (CMS) by 18.54% based on its latest 2017Q3 regulatory filing with the SEC. Eaton Vance Management sold 469,814 shares as the company’s stock rose 6.55% with the market. The institutional investor held 2.06M shares of the power generation company at the end of 2017Q3, valued at $95.62M, down from 2.53M at the end of the previous reported quarter. Eaton Vance Management who had been investing in Cms Energy Corp for a number of months, seems to be less bullish one the $12.32 billion market cap company. The stock increased 2.81% or $1.2 during the last trading session, reaching $43.74. About 3.67M shares traded or 49.00% up from the average. CMS Energy Corporation (NYSE:CMS) has risen 12.78% since February 16, 2017 and is uptrending. It has underperformed by 3.92% the S&P500.

Grassi Investment Management increased its stake in Visa Inc Cl A (V) by 2.99% based on its latest 2017Q3 regulatory filing with the SEC. Grassi Investment Management bought 3,100 shares as the company’s stock rose 5.74% with the market. The institutional investor held 106,857 shares of the business services company at the end of 2017Q3, valued at $11.25M, up from 103,757 at the end of the previous reported quarter. Grassi Investment Management who had been investing in Visa Inc Cl A for a number of months, seems to be bullish on the $275.98B market cap company. The stock increased 1.38% or $1.66 during the last trading session, reaching $122.28. About 6.92M shares traded. Visa Inc. (NYSE:V) has risen 20.29% since February 16, 2017 and is uptrending. It has outperformed by 3.59% the S&P500.

Among 16 analysts covering CMS Energy Corporation (NYSE:CMS), 7 have Buy rating, 0 Sell and 9 Hold. Therefore 44% are positive. CMS Energy Corporation had 43 analyst reports since August 31, 2015 according to SRatingsIntel. SunTrust maintained CMS Energy Corporation (NYSE:CMS) on Monday, October 19 with “Neutral” rating. SunTrust maintained it with “Hold” rating and $51.0 target in Monday, December 4 report. The company was maintained on Tuesday, December 26 by SunTrust. SunTrust maintained CMS Energy Corporation (NYSE:CMS) rating on Monday, February 12. SunTrust has “Hold” rating and $44.0 target. The stock of CMS Energy Corporation (NYSE:CMS) earned “Neutral” rating by SunTrust on Monday, March 7. BMO Capital Markets maintained it with “Buy” rating and $4800 target in Friday, July 28 report. The firm has “Hold” rating given on Sunday, September 10 by RBC Capital Markets. The firm has “Equal-Weight” rating by Morgan Stanley given on Wednesday, December 13. Wells Fargo maintained the stock with “Buy” rating in Thursday, February 15 report. The firm has “Equal-Weight” rating given on Thursday, August 10 by Morgan Stanley.

Investors sentiment decreased to 0.97 in 2017 Q3. Its down 0.25, from 1.22 in 2017Q2. It dived, as 34 investors sold CMS 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. Sumitomo Mitsui Asset Mngmt Com owns 88,155 shares or 0.06% of their US portfolio. Vanguard Group Inc Inc holds 29.71 million shares. Nordea Inv reported 12,317 shares. Asset Mngmt One Limited reported 602,094 shares or 0.07% of all its holdings. Toronto Dominion Bank holds 0.02% or 106,908 shares. Oakworth Inc reported 0.02% of its portfolio in CMS Energy Corporation (NYSE:CMS). Wealthtrust Axiom invested 0.69% in CMS Energy Corporation (NYSE:CMS). 965,860 are owned by Canada Pension Plan Invest Board. Moreover, Kentucky Retirement has 0.06% invested in CMS Energy Corporation (NYSE:CMS) for 17,220 shares. Ibm Retirement Fund invested 0.04% of its portfolio in CMS Energy Corporation (NYSE:CMS). Wealthfront has invested 0.01% of its portfolio in CMS Energy Corporation (NYSE:CMS). Thompson Siegel & Walmsley Lc accumulated 490,835 shares. First Quadrant Lp Ca stated it has 368,313 shares or 0.33% of all its holdings. Natl Pension Serv holds 291,213 shares. Strs Ohio accumulated 56,242 shares or 0.01% of the stock.

Eaton Vance Management, which manages about $88.88 billion and $38.70 billion US Long portfolio, upped its stake in Public Storage (NYSE:PSA) by 3,193 shares to 397,235 shares, valued at $85.01M in 2017Q3, according to the filing. It also increased its holding in Cboe Hldgs Inc (NASDAQ:CBOE) by 35,587 shares in the quarter, for a total of 562,716 shares, and has risen its stake in Grace W R & Co Del New (NYSE:GRA).

Grassi Investment Management, which manages about $608.21M and $594.06 million US Long portfolio, decreased its stake in Disney Walt Co (NYSE:DIS) by 4,113 shares to 48,829 shares, valued at $4.81 million in 2017Q3, according to the filing. It also reduced its holding in Pinnacle Foods (NYSE:PF) by 6,303 shares in the quarter, leaving it with 113,517 shares, and cut its stake in Wells Fargo & Co (NYSE:WFC).

Investors sentiment decreased to 1 in 2017 Q3. Its down 0.13, from 1.13 in 2017Q2. It dropped, as 48 investors sold V shares while 617 reduced holdings. 142 funds opened positions while 524 raised stakes. 1.64 billion shares or 1.45% less from 1.66 billion shares in 2017Q2 were reported. Stratos Wealth Prtnrs Ltd reported 40,079 shares. Mai Capital reported 82,762 shares. Paragon Cap Mgmt reported 0.17% stake. Ativo Capital Mgmt Ltd has invested 0.43% in Visa Inc. (NYSE:V). Baillie Gifford holds 6.27M shares or 0.84% of its portfolio. Nichols And Pratt Advisers Ltd Liability Partnership Ma, Massachusetts-based fund reported 13,594 shares. Rainier Investment Management Ltd Liability Corporation invested 0.57% in Visa Inc. (NYSE:V). Ionic Mgmt Ltd Liability Co has 0.1% invested in Visa Inc. (NYSE:V). 13,244 were reported by Wilbanks Smith Thomas Asset Management Ltd Co. Eagle Asset Mgmt accumulated 3,517 shares. Badgley Phelps And Bell holds 1.42% of its portfolio in Visa Inc. (NYSE:V) for 182,278 shares. First Personal owns 16,517 shares. Dock Street Asset Mgmt Inc reported 119,839 shares. Sun Life invested in 24,175 shares or 0.25% of the stock. Meritage Group Lp owns 2.58 million shares.

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