Utilities Touched New Highs: ITC Holdings Corp. (NYSE:ITC), CMS Energy Corporation (NYSE:CMS), NiSource (NYSE:NI), AGL Resources (NYSE:GAS), Westar Energy (NYSE:WR)

ITC Holdings Corp. (NYSE:ITC) is donating $250,000 toward the park system in Novi. The five-year, $50,000 annual pledge to the non-profit Novi Parks Foundation was announced along with an extension of the company’s naming rights to the ITC Community Sports Park on 8 Mile Road through 2018 in a news release from the foundation this week. ITC Holdings Corp. (NYSE:ITC) net profit margin is 30.50% and weekly performance is -2.88%. On last trading day company shares ended up $35.80. Analysts mean target price for the company is $39.67. ITC Holdings Corp. (NYSE:ITC) distance from 50-day simple moving average (SMA50) is -3.16%.

At the 2014 annual meeting of shareholders held on May 16, 2014 the shareholders of CMS Energy Corporation (NYSE:CMS) approved the CMS Energy Performance Incentive Stock Plan (“Plan”). Among other things, the approval reserved 6,500,000 shares of CMS Energy common stock and extended the term of the plan until May 31, 2024. CMS Energy Corporation (NYSE:CMS) shares advanced 0.85% in last trading session and ended the day on $30.72. CMS gross Margin is 56.40% and its return on assets is 2.90%.CMS Energy Corporation (NYSE:CMS) quarterly performance is 9.25%.

NiSource Inc. (NYSE:NI) is transferring 20 jobs from its Merrillville headquarters to a new office complex recently built in the Arena District of Columbus, Ohio. The 20 employees currently working those jobs in the treasury and insurance departments at NiSource headquarters are being offered the opportunity to transfer to Columbus or take severance packages, according to NiSource spokesman Mike Banas. NiSource Inc. (NYSE:NI) shares moved up 1.36% in last trading session and was closed at $38.81, while trading in range of $38.23 – $38.88. NiSource Inc. (NYSE:NI) year to date (YTD) performance is 19.75%.

AGL Resources Inc. (NYSE:GAS) CEO John W. Somerhalder II sold 3,500 shares of AGL Resources stock on the open market in a transaction dated Monday, June 16th. The stock was sold at an average price of $53.66, for a total transaction of $187,810.00. Following the sale, the chief executive officer now directly owns 139,010 shares in the company, valued at approximately $7,459,277. AGL Resources Inc. (NYSE:GAS) ended the last trading day at $54.53. Company weekly volatility is calculated as 1.33% and price to cash ratio as 18.85.AGL Resources Inc. (NYSE:GAS) showed a positive weekly performance of 3.51%.

Westar Energy Inc. (NYSE:WR) crews are working on repairing damage from Saturday night’s storm. Although nearly 150 people are without power in Shawnee County, crews have restored power to more than 18,000 customers and will be working throughout the day to get everyone’s power restored. Westar Energy Inc. (NYSE:WR) net profit margin is 14.70% and weekly performance is 4.29%. On last trading day company shares ended up $37.22. Analysts mean target price for the company is $37.30. Westar Energy Inc. (NYSE:WR) distance from 50-day simple moving average (SMA50) is 5.21%.