Kinder Morgan, Inc. (NYSE:KMI) Holdings Raised by Allen Capital Group LLC

Allen Capital Group LLC raised its stake in Kinder Morgan, Inc. (NYSE:KMI - Free Report) by 8.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 207,235 shares of the pipeline company's stock after purchasing an additional 16,818 shares during the quarter. Allen Capital Group LLC's holdings in Kinder Morgan were worth $5,678,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. CX Institutional increased its holdings in shares of Kinder Morgan by 2.3% in the 4th quarter. CX Institutional now owns 15,661 shares of the pipeline company's stock valued at $429,000 after purchasing an additional 354 shares in the last quarter. Sunflower Bank N.A. increased its holdings in Kinder Morgan by 3.6% in the fourth quarter. Sunflower Bank N.A. now owns 10,503 shares of the pipeline company's stock valued at $288,000 after buying an additional 367 shares in the last quarter. Ignite Planners LLC lifted its position in shares of Kinder Morgan by 3.9% during the 4th quarter. Ignite Planners LLC now owns 9,992 shares of the pipeline company's stock valued at $282,000 after acquiring an additional 372 shares during the period. Eagle Bay Advisors LLC grew its holdings in shares of Kinder Morgan by 8.0% in the 4th quarter. Eagle Bay Advisors LLC now owns 5,182 shares of the pipeline company's stock worth $142,000 after acquiring an additional 385 shares during the period. Finally, Sunbelt Securities Inc. raised its holdings in Kinder Morgan by 0.5% during the third quarter. Sunbelt Securities Inc. now owns 90,560 shares of the pipeline company's stock worth $2,000,000 after purchasing an additional 414 shares during the last quarter. Hedge funds and other institutional investors own 62.52% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the stock. Wells Fargo & Company boosted their price objective on shares of Kinder Morgan from $30.00 to $33.00 and gave the stock an "overweight" rating in a research report on Thursday, January 23rd. UBS Group raised their price objective on shares of Kinder Morgan from $34.00 to $38.00 and gave the stock a "buy" rating in a research note on Monday. Scotiabank began coverage on Kinder Morgan in a report on Friday, January 10th. They set a "sector perform" rating and a $26.00 target price on the stock. Citigroup boosted their price target on Kinder Morgan from $25.00 to $28.00 and gave the stock a "neutral" rating in a report on Wednesday. Finally, Bank of America started coverage on Kinder Morgan in a research report on Thursday, October 17th. They set a "buy" rating and a $27.00 price objective for the company. Nine research analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Kinder Morgan has a consensus rating of "Moderate Buy" and a consensus price target of $29.14.

Insider Activity at Kinder Morgan

In other news, President Thomas A. Martin sold 18,000 shares of Kinder Morgan stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $27.91, for a total transaction of $502,380.00. Following the sale, the president now owns 861,652 shares in the company, valued at $24,048,707.32. This trade represents a 2.05 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Amy W. Chronis bought 2,241 shares of the firm's stock in a transaction dated Tuesday, November 5th. The stock was purchased at an average price of $24.89 per share, with a total value of $55,778.49. Following the completion of the purchase, the director now directly owns 23,995 shares of the company's stock, valued at approximately $597,235.55. This trade represents a 10.30 % increase in their position. The disclosure for this purchase can be found here. In the last 90 days, insiders have sold 55,121 shares of company stock worth $1,497,000. 12.81% of the stock is currently owned by corporate insiders.

Kinder Morgan Trading Down 0.6 %

Shares of KMI traded down $0.17 during trading hours on Wednesday, hitting $27.30. The stock had a trading volume of 14,614,782 shares, compared to its average volume of 16,719,867. Kinder Morgan, Inc. has a 12-month low of $16.47 and a 12-month high of $31.48. The firm has a market cap of $60.64 billion, a P/E ratio of 23.33, a P/E/G ratio of 4.13 and a beta of 0.94. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.35 and a current ratio of 0.46. The company's fifty day simple moving average is $28.01 and its 200 day simple moving average is $24.60.

Kinder Morgan (NYSE:KMI - Get Free Report) last released its quarterly earnings data on Wednesday, January 22nd. The pipeline company reported $0.32 earnings per share for the quarter, missing the consensus estimate of $0.33 by ($0.01). Kinder Morgan had a net margin of 17.31% and a return on equity of 8.10%. Equities research analysts forecast that Kinder Morgan, Inc. will post 1.27 EPS for the current fiscal year.

Kinder Morgan Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 18th. Stockholders of record on Monday, February 3rd will be given a $0.2875 dividend. This represents a $1.15 annualized dividend and a dividend yield of 4.21%. The ex-dividend date is Monday, February 3rd. Kinder Morgan's payout ratio is currently 98.29%.

Kinder Morgan Profile

Kinder Morgan, Inc operates as an energy infrastructure company primarily in North America. The company operates through Natural Gas Pipelines, Products Pipelines, Terminals, and CO2 segments. The Natural Gas Pipelines segment owns and operates interstate and intrastate natural gas pipeline, and storage systems; natural gas gathering systems and natural gas processing and treating facilities; natural gas liquids fractionation facilities and transportation systems; and liquefied natural gas gasification, liquefaction, and storage facilities.