Corps Capital Advisors LLC Makes New Investment in Kinder Morgan, Inc. (NYSE:KMI)

Corps Capital Advisors LLC purchased a new position in Kinder Morgan, Inc. (NYSE:KMI - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 10,202 shares of the pipeline company's stock, valued at approximately $280,000.

Several other institutional investors and hedge funds have also recently modified their holdings of KMI. Kayne Anderson Capital Advisors LP boosted its holdings in Kinder Morgan by 0.7% in the 3rd quarter. Kayne Anderson Capital Advisors LP now owns 10,550,002 shares of the pipeline company's stock worth $233,050,000 after buying an additional 69,307 shares during the period. Barclays PLC grew its position in shares of Kinder Morgan by 39.9% during the third quarter. Barclays PLC now owns 8,186,207 shares of the pipeline company's stock valued at $180,833,000 after purchasing an additional 2,334,273 shares in the last quarter. Bank of Montreal Can increased its stake in Kinder Morgan by 2.2% in the 3rd quarter. Bank of Montreal Can now owns 7,485,834 shares of the pipeline company's stock worth $163,116,000 after acquiring an additional 164,152 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. raised its stake in Kinder Morgan by 0.7% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 4,591,311 shares of the pipeline company's stock valued at $101,422,000 after purchasing an additional 29,861 shares in the last quarter. Finally, Assenagon Asset Management S.A. raised its position in Kinder Morgan by 30.3% during the third quarter. Assenagon Asset Management S.A. now owns 4,007,857 shares of the pipeline company's stock valued at $88,534,000 after purchasing an additional 932,469 shares during the period. 62.52% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, VP John W. Schlosser sold 75,461 shares of Kinder Morgan stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $26.65, for a total transaction of $2,011,035.65. Following the sale, the vice president now owns 220,681 shares in the company, valued at approximately $5,881,148.65. The trade was a 25.48 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, President Thomas A. Martin sold 18,000 shares of the firm's stock in a transaction that occurred on Wednesday, December 4th. The stock was sold at an average price of $27.34, for a total value of $492,120.00. Following the transaction, the president now owns 879,652 shares in the company, valued at $24,049,685.68. This represents a 2.01 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 129,461 shares of company stock worth $3,504,136 over the last 90 days. 12.64% of the stock is owned by insiders.

Kinder Morgan Trading Down 0.6 %

Shares of NYSE:KMI traded down $0.17 during midday trading on Friday, reaching $26.43. 9,806,583 shares of the company's stock were exchanged, compared to its average volume of 15,518,792. The firm's 50 day simple moving average is $27.78 and its two-hundred day simple moving average is $25.26. Kinder Morgan, Inc. has a fifty-two week low of $17.02 and a fifty-two week high of $31.48. The company has a debt-to-equity ratio of 0.94, a current ratio of 0.49 and a quick ratio of 0.39. The stock has a market cap of $58.72 billion, a price-to-earnings ratio of 22.58, a P/E/G ratio of 3.11 and a beta of 0.94.

Kinder Morgan (NYSE:KMI - Get Free Report) last released its earnings results 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 8.09%. As a group, sell-side analysts forecast that Kinder Morgan, Inc. will post 1.25 EPS for the current fiscal year.

Kinder Morgan Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, February 18th. Stockholders of record on Monday, February 3rd were paid a $0.2875 dividend. This represents a $1.15 annualized dividend and a dividend yield of 4.35%. The ex-dividend date was Monday, February 3rd. Kinder Morgan's payout ratio is presently 98.29%.

Analysts Set New Price Targets

Several equities analysts recently commented on the stock. Scotiabank started coverage on shares of Kinder Morgan in a report on Friday, January 10th. They set a "sector perform" rating and a $26.00 price target on the stock. Morgan Stanley increased their price target on Kinder Morgan from $24.00 to $36.00 in a report on Thursday, January 23rd. Mizuho boosted their price objective on Kinder Morgan from $31.00 to $33.00 and gave the company an "overweight" rating in a report on Thursday, January 23rd. The Goldman Sachs Group increased their target price on Kinder Morgan from $26.00 to $29.00 and gave the stock a "buy" rating in a research note on Tuesday, November 26th. Finally, Barclays boosted their target price on shares of Kinder Morgan from $27.00 to $31.00 and gave the company an "equal weight" rating in a research note on Thursday, January 16th. Nine investment analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Kinder Morgan presently has an average rating of "Moderate Buy" and an average target price of $29.14.

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.