23,508 Shares in Kinder Morgan, Inc. (NYSE:KMI) Bought by Capital CS Group LLC

Capital CS Group LLC purchased a new stake in Kinder Morgan, Inc. (NYSE:KMI - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 23,508 shares of the pipeline company's stock, valued at approximately $644,000. Kinder Morgan makes up 0.8% of Capital CS Group LLC's investment portfolio, making the stock its 19th largest holding.

A number of other large investors also recently bought and sold shares of the business. Sunflower Bank N.A. raised its position in shares of Kinder Morgan by 3.6% during the 4th quarter. Sunflower Bank N.A. now owns 10,503 shares of the pipeline company's stock worth $288,000 after purchasing an additional 367 shares during the last quarter. Eagle Bay Advisors LLC increased its stake in Kinder Morgan by 8.0% during the 4th quarter. Eagle Bay Advisors LLC now owns 5,182 shares of the pipeline company's stock worth $142,000 after buying an additional 385 shares in the last quarter. Sunbelt Securities Inc. lifted its position in shares of Kinder Morgan by 0.5% in the third quarter. Sunbelt Securities Inc. now owns 90,560 shares of the pipeline company's stock valued at $2,000,000 after acquiring an additional 414 shares in the last quarter. SignalPoint Asset Management LLC boosted its stake in shares of Kinder Morgan by 1.5% in the third quarter. SignalPoint Asset Management LLC now owns 30,059 shares of the pipeline company's stock worth $655,000 after acquiring an additional 447 shares during the last quarter. Finally, Moors & Cabot Inc. increased its position in shares of Kinder Morgan by 0.3% during the third quarter. Moors & Cabot Inc. now owns 144,529 shares of the pipeline company's stock worth $3,193,000 after purchasing an additional 468 shares in the last quarter. Institutional investors and hedge funds own 62.52% of the company's stock.

Insider Transactions at Kinder Morgan

In other Kinder Morgan news, Director C Park Shaper sold 690,142 shares of the company's stock in a transaction dated Monday, October 21st. The stock was sold at an average price of $24.75, for a total transaction of $17,081,014.50. Following the sale, the director now owns 6,809,858 shares in the company, valued at $168,543,985.50. This represents a 9.20 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Amy W. Chronis acquired 2,241 shares of the firm's stock in a transaction dated Tuesday, November 5th. The stock was bought at an average price of $24.89 per share, with a total value of $55,778.49. Following the purchase, the director now directly owns 23,995 shares in the company, 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. Over the last quarter, insiders have sold 745,263 shares of company stock valued at $18,578,014. 12.64% of the stock is currently owned by corporate insiders.

Kinder Morgan Trading Up 2.1 %

Shares of Kinder Morgan stock traded up $0.60 on Tuesday, reaching $29.12. The company had a trading volume of 14,596,191 shares, compared to its average volume of 12,196,508. The firm's 50 day moving average price is $27.47 and its two-hundred day moving average price is $23.91. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.35 and a current ratio of 0.46. Kinder Morgan, Inc. has a 52-week low of $16.47 and a 52-week high of $29.29. The firm has a market cap of $64.69 billion, a PE ratio of 25.54, a PEG ratio of 3.87 and a beta of 0.94.

Kinder Morgan (NYSE:KMI - Get Free Report) last announced its earnings results on Wednesday, October 16th. The pipeline company reported $0.25 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.27 by ($0.02). Kinder Morgan had a net margin of 16.76% and a return on equity of 7.87%. The firm had revenue of $3.70 billion during the quarter, compared to analysts' expectations of $4.05 billion. During the same period in the previous year, the firm earned $0.25 EPS. The firm's revenue for the quarter was down 5.3% compared to the same quarter last year. Sell-side analysts predict that Kinder Morgan, Inc. will post 1.18 earnings per share for the current fiscal year.

Kinder Morgan Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Thursday, October 31st were paid a dividend of $0.2875 per share. 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 3.95%. Kinder Morgan's dividend payout ratio (DPR) is presently 100.88%.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. UBS Group lifted their target price on shares of Kinder Morgan from $33.00 to $34.00 and gave the stock a "buy" rating in a research note on Friday, December 6th. Morgan Stanley set a $26.00 price target on shares of Kinder Morgan in a research report on Friday, October 18th. Bank of America began coverage on shares of Kinder Morgan in a report on Thursday, October 17th. They issued a "buy" rating and a $27.00 price objective for the company. Barclays boosted their target price on Kinder Morgan from $24.00 to $27.00 and gave the stock an "equal weight" rating in a report on Tuesday, December 17th. Finally, Truist Financial lifted their price objective on Kinder Morgan from $22.00 to $25.00 and gave the stock a "hold" rating in a research report on Thursday, October 17th. Eight research analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $26.67.

About Kinder Morgan

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.