Everpar Advisors LLC Purchases Shares of 8,523 Kinder Morgan, Inc. (NYSE:KMI)

Everpar Advisors LLC bought a new stake in shares of Kinder Morgan, Inc. (NYSE:KMI - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 8,523 shares of the pipeline company's stock, valued at approximately $234,000.

Several other hedge funds have also bought and sold shares of KMI. RDA Financial Network increased its stake in Kinder Morgan by 8.1% in the 4th quarter. RDA Financial Network now owns 91,118 shares of the pipeline company's stock worth $2,497,000 after buying an additional 6,836 shares in the last quarter. Decker Retirement Planning Inc. bought a new position in shares of Kinder Morgan in the fourth quarter worth about $55,000. Morton Capital Management LLC CA grew its position in shares of Kinder Morgan by 1.4% during the fourth quarter. Morton Capital Management LLC CA now owns 37,604 shares of the pipeline company's stock worth $1,030,000 after purchasing an additional 535 shares in the last quarter. Shulman DeMeo Asset Management LLC bought a new stake in Kinder Morgan during the 4th quarter valued at approximately $202,000. Finally, Cohen Investment Advisors LLC lifted its holdings in Kinder Morgan by 0.4% in the 4th quarter. Cohen Investment Advisors LLC now owns 140,967 shares of the pipeline company's stock worth $3,862,000 after purchasing an additional 596 shares in the last quarter. Institutional investors own 62.52% of the company's stock.

Kinder Morgan Trading Up 0.9 %

Shares of NYSE:KMI traded up $0.26 during trading hours on Friday, hitting $30.32. 15,710,662 shares of the company's stock traded hands, compared to its average volume of 10,053,223. The company has a debt-to-equity ratio of 0.95, a current ratio of 0.46 and a quick ratio of 0.35. The business has a fifty day moving average price of $27.68 and a 200-day moving average price of $24.07. Kinder Morgan, Inc. has a 1 year low of $16.47 and a 1 year high of $30.51. The firm has a market capitalization of $67.36 billion, a P/E ratio of 26.59, a price-to-earnings-growth ratio of 3.71 and a beta of 0.94.

Kinder Morgan (NYSE:KMI - Get Free Report) last announced 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). The business had revenue of $3.70 billion during the quarter, compared to the consensus estimate of $4.05 billion. Kinder Morgan had a net margin of 16.76% and a return on equity of 7.87%. The business's revenue was down 5.3% compared to the same quarter last year. During the same period last year, the company earned $0.25 EPS. Equities analysts expect that Kinder Morgan, Inc. will post 1.17 earnings per share for the current year.

Analyst Ratings Changes

A number of analysts have issued reports on the stock. Barclays lifted their price target on shares of Kinder Morgan from $27.00 to $31.00 and gave the company an "equal weight" rating in a report on Thursday. Morgan Stanley set a $26.00 target price on Kinder Morgan in a report on Friday, October 18th. Truist Financial increased their price target on Kinder Morgan from $22.00 to $25.00 and gave the company a "hold" rating in a research note on Thursday, October 17th. UBS Group lifted their price objective on Kinder Morgan from $33.00 to $34.00 and gave the stock a "buy" rating in a research note on Friday, December 6th. Finally, Bank of America began coverage on Kinder Morgan in a research report on Thursday, October 17th. They set a "buy" rating and a $27.00 target price for the company. Eight investment analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $27.00.

Insider Activity at Kinder Morgan

In other news, President Thomas A. Martin sold 19,121 shares of the business's stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $26.28, for a total value of $502,499.88. Following the completion of the sale, the president now owns 897,652 shares in the company, valued at approximately $23,590,294.56. The trade was a 2.09 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Amy W. Chronis acquired 2,241 shares of the company's stock in a transaction dated Tuesday, November 5th. The shares were acquired at an average price of $24.89 per share, for a total transaction of $55,778.49. Following the completion of the purchase, the director now owns 23,995 shares of the company's stock, valued at approximately $597,235.55. This represents a 10.30 % increase in their position. The disclosure for this purchase can be found here. Insiders sold 745,263 shares of company stock worth $18,578,014 in the last 90 days. 12.81% of the stock is owned by corporate insiders.

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.