Banque Cantonale Vaudoise Acquires 24,931 Shares of Kinder Morgan, Inc. (NYSE:KMI)

Banque Cantonale Vaudoise boosted its position in Kinder Morgan, Inc. (NYSE:KMI - Free Report) by 13.7% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 207,208 shares of the pipeline company's stock after acquiring an additional 24,931 shares during the period. Banque Cantonale Vaudoise's holdings in Kinder Morgan were worth $4,577,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. SignalPoint Asset Management LLC boosted its stake in Kinder Morgan by 1.5% in the 3rd quarter. SignalPoint Asset Management LLC now owns 30,059 shares of the pipeline company's stock worth $655,000 after purchasing an additional 447 shares during the period. Trust Co. of Oklahoma boosted its position in shares of Kinder Morgan by 1.5% in the third quarter. Trust Co. of Oklahoma now owns 33,586 shares of the pipeline company's stock valued at $742,000 after acquiring an additional 486 shares during the period. Pinnacle West Asset Management Inc. grew its stake in Kinder Morgan by 0.5% during the third quarter. Pinnacle West Asset Management Inc. now owns 96,150 shares of the pipeline company's stock valued at $2,124,000 after acquiring an additional 500 shares in the last quarter. Carson Advisory Inc. lifted its stake in Kinder Morgan by 3.4% in the 3rd quarter. Carson Advisory Inc. now owns 15,901 shares of the pipeline company's stock worth $351,000 after purchasing an additional 522 shares in the last quarter. Finally, Oregon Public Employees Retirement Fund boosted its holdings in Kinder Morgan by 0.3% in the 2nd quarter. Oregon Public Employees Retirement Fund now owns 165,827 shares of the pipeline company's stock valued at $3,295,000 after purchasing an additional 530 shares during the period. 62.52% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Kinder Morgan

In other Kinder Morgan news, Director Amy W. Chronis acquired 2,241 shares of the company's stock in a transaction that occurred on Tuesday, November 5th. The shares were acquired 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. The trade was a 10.30 % increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director C Park Shaper sold 690,142 shares of Kinder Morgan stock in a transaction that occurred on Monday, October 21st. The shares were sold at an average price of $24.75, for a total transaction of $17,081,014.50. Following the transaction, the director now owns 6,809,858 shares of the company's stock, valued at $168,543,985.50. The trade was a 9.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 12.81% of the company's stock.

Kinder Morgan Trading Down 0.3 %

NYSE KMI traded down $0.08 during trading on Wednesday, hitting $28.00. The company had a trading volume of 11,091,913 shares, compared to its average volume of 13,884,352. The company's fifty day moving average is $24.26 and its 200-day moving average is $21.68. Kinder Morgan, Inc. has a one year low of $16.47 and a one year high of $28.27. The company has a current ratio of 0.46, a quick ratio of 0.35 and a debt-to-equity ratio of 0.95. The company has a market cap of $62.21 billion, a price-to-earnings ratio of 24.56, a price-to-earnings-growth ratio of 3.75 and a beta of 0.91.

Kinder Morgan (NYSE:KMI - Get Free Report) last issued its quarterly earnings data on Wednesday, October 16th. The pipeline company reported $0.25 EPS for the quarter, missing the consensus estimate of $0.27 by ($0.02). Kinder Morgan had a return on equity of 7.87% and a net margin of 16.76%. The company had revenue of $3.70 billion during the quarter, compared to analysts' expectations of $4.05 billion. During the same quarter last year, the business earned $0.25 earnings per share. The business's quarterly revenue was down 5.3% on a year-over-year basis. On average, sell-side analysts predict that Kinder Morgan, Inc. will post 1.18 earnings per share for the current year.

Kinder Morgan Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Thursday, October 31st were issued a $0.2875 dividend. The ex-dividend date of this dividend was Thursday, October 31st. This represents a $1.15 dividend on an annualized basis and a yield of 4.11%. Kinder Morgan's dividend payout ratio (DPR) is 100.88%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on KMI shares. JPMorgan Chase & Co. increased their price objective on Kinder Morgan from $20.00 to $23.00 and gave the stock a "neutral" rating in a research report on Thursday, July 25th. UBS Group lifted their price target on Kinder Morgan from $30.00 to $33.00 and gave the company a "buy" rating in a research report on Friday, November 15th. Royal Bank of Canada upped their price objective on shares of Kinder Morgan from $24.00 to $26.00 and gave the stock a "sector perform" rating in a research report on Tuesday, October 22nd. Stifel Nicolaus boosted their price target on shares of Kinder Morgan from $22.00 to $23.00 and gave the stock a "hold" rating in a research note on Tuesday, August 27th. Finally, Truist Financial raised their price objective on shares of Kinder Morgan from $22.00 to $25.00 and gave the company a "hold" rating in a research report on Thursday, October 17th. Eight investment analysts have rated the stock with a hold rating, four have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $25.36.

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.