Altshuler Shaham Ltd Has $320,000 Stock Holdings in Kinder Morgan, Inc. (NYSE:KMI)

Altshuler Shaham Ltd lifted its holdings in Kinder Morgan, Inc. (NYSE:KMI - Free Report) by 1,065.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,665 shares of the pipeline company's stock after purchasing an additional 10,664 shares during the quarter. Altshuler Shaham Ltd's holdings in Kinder Morgan were worth $320,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Vanguard Group Inc. grew its stake in shares of Kinder Morgan by 0.7% during the 4th quarter. Vanguard Group Inc. now owns 202,846,078 shares of the pipeline company's stock worth $5,557,983,000 after purchasing an additional 1,469,759 shares during the period. Geode Capital Management LLC raised its holdings in shares of Kinder Morgan by 2.5% during the fourth quarter. Geode Capital Management LLC now owns 51,759,844 shares of the pipeline company's stock valued at $1,414,813,000 after acquiring an additional 1,252,609 shares during the last quarter. Norges Bank purchased a new position in Kinder Morgan in the 4th quarter valued at $917,523,000. Bank of New York Mellon Corp increased its holdings in shares of Kinder Morgan by 8.6% in the fourth quarter. Bank of New York Mellon Corp now owns 13,734,753 shares of the pipeline company's stock valued at $376,332,000 after purchasing an additional 1,093,242 shares during the last quarter. Finally, Amundi boosted its holdings in Kinder Morgan by 28.9% in the 4th quarter. Amundi now owns 11,819,777 shares of the pipeline company's stock valued at $334,381,000 after purchasing an additional 2,650,040 shares during the last quarter. Hedge funds and other institutional investors own 62.52% of the company's stock.

Insider Buying and Selling at Kinder Morgan

In other Kinder Morgan news, VP John W. Schlosser sold 75,461 shares of the firm's stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $26.65, for a total value of $2,011,035.65. Following the completion of the transaction, the vice president now directly owns 220,681 shares in the company, valued at $5,881,148.65. This trade represents a 25.48 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, President Thomas A. Martin sold 18,000 shares of the firm's stock in a transaction dated Wednesday, March 5th. The shares were sold at an average price of $26.61, for a total value of $478,980.00. Following the completion of the sale, the president now directly owns 825,652 shares in the company, valued at approximately $21,970,599.72. This represents a 2.13 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 129,461 shares of company stock valued at $3,506,116. 12.73% of the stock is owned by insiders.

Kinder Morgan Stock Performance

Shares of NYSE KMI traded up $0.88 during trading on Tuesday, reaching $26.67. The stock had a trading volume of 6,424,059 shares, compared to its average volume of 13,905,803. The stock has a market cap of $59.26 billion, a PE ratio of 22.83, a P/E/G ratio of 3.08 and a beta of 0.72. Kinder Morgan, Inc. has a one year low of $18.13 and a one year high of $31.48. The firm's 50 day moving average price is $26.94 and its two-hundred day moving average price is $26.97. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.39 and a current ratio of 0.49.

Kinder Morgan (NYSE:KMI - Get Free Report) last issued its quarterly earnings data on Wednesday, April 16th. The pipeline company reported $0.34 EPS for the quarter, hitting analysts' consensus estimates of $0.34. Kinder Morgan had a return on equity of 8.09% and a net margin of 17.31%. The firm had revenue of $4.24 billion during the quarter, compared to the consensus estimate of $4.02 billion. On average, research analysts forecast that Kinder Morgan, Inc. will post 1.25 earnings per share for the current fiscal year.

Kinder Morgan Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, May 15th. Investors of record on Wednesday, April 30th will be paid a dividend of $0.2925 per share. The ex-dividend date is Wednesday, April 30th. This represents a $1.17 annualized dividend and a yield of 4.39%. This is a boost from Kinder Morgan's previous quarterly dividend of $0.29. Kinder Morgan's dividend payout ratio (DPR) is currently 99.14%.

Analysts Set New Price Targets

Several brokerages recently weighed in on KMI. Scotiabank raised their target price on shares of Kinder Morgan from $25.00 to $26.00 and gave the company a "sector perform" rating in a report on Monday. JPMorgan Chase & Co. lifted their price target on Kinder Morgan from $28.00 to $29.00 and gave the stock a "neutral" rating in a report on Wednesday, March 5th. Citigroup increased their price target on shares of Kinder Morgan from $25.00 to $28.00 and gave the company a "neutral" rating in a research note on Wednesday, January 29th. UBS Group lifted their price target on shares of Kinder Morgan from $34.00 to $38.00 and gave the stock a "buy" rating in a research note on Monday, January 27th. Finally, Wells Fargo & Company upped their target price on Kinder Morgan from $30.00 to $33.00 and gave the company an "overweight" rating in a research report on Thursday, January 23rd. Seven investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $29.64.

Kinder Morgan Company 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.