Unigestion Holding SA Buys 16,993 Shares of Kinder Morgan, Inc. (NYSE:KMI)

Unigestion Holding SA increased its position in Kinder Morgan, Inc. (NYSE:KMI - Free Report) by 22.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 93,364 shares of the pipeline company's stock after acquiring an additional 16,993 shares during the period. Unigestion Holding SA's holdings in Kinder Morgan were worth $2,558,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. Hurley Capital LLC purchased a new stake in shares of Kinder Morgan in the fourth quarter valued at approximately $25,000. Retirement Wealth Solutions LLC acquired a new stake in Kinder Morgan during the 4th quarter worth approximately $25,000. Centricity Wealth Management LLC purchased a new stake in shares of Kinder Morgan during the fourth quarter worth approximately $25,000. Modus Advisors LLC acquired a new stake in Kinder Morgan in the fourth quarter valued at $27,000. Finally, Heck Capital Advisors LLC purchased a new stake in shares of Kinder Morgan during the 4th quarter worth approximately $29,000. Hedge funds and other institutional investors own 62.52% of the company's stock.

Insiders Place Their Bets

In related news, VP John W. Schlosser sold 75,461 shares of the company's stock in a transaction on 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 approximately $5,881,148.65. The trade was a 25.48 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, President Thomas A. Martin sold 18,000 shares of the company's stock in a transaction dated Wednesday, February 5th. The stock was sold at an average price of $27.70, for a total value of $498,600.00. Following the completion of the transaction, the president now owns 843,652 shares of the company's stock, valued at $23,369,160.40. The trade was a 2.09 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 129,461 shares of company stock valued at $3,506,116. Company insiders own 12.64% of the company's stock.

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Analysts Set New Price Targets

A number of equities research analysts recently weighed in on KMI shares. Mizuho upped their price target on Kinder Morgan from $31.00 to $33.00 and gave the stock an "overweight" rating in a report on Thursday, January 23rd. Truist Financial raised their price target on shares of Kinder Morgan from $25.00 to $31.00 and gave the company a "hold" rating in a report on Thursday, January 23rd. 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 research note on Wednesday, March 5th. Citigroup boosted their price target on shares of Kinder Morgan from $25.00 to $28.00 and gave the company a "neutral" rating in a report on Wednesday, January 29th. Finally, Scotiabank started coverage on Kinder Morgan in a report on Friday, January 10th. They set a "sector perform" rating and a $26.00 target price on the stock. Seven research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Kinder Morgan currently has an average rating of "Moderate Buy" and an average target price of $29.64.

Kinder Morgan Stock Performance

Shares of NYSE:KMI traded down $0.31 during trading on Thursday, reaching $25.94. 9,080,222 shares of the stock were exchanged, compared to its average volume of 13,936,040. Kinder Morgan, Inc. has a 12 month low of $17.61 and a 12 month high of $31.48. The firm has a market cap of $57.64 billion, a PE ratio of 22.05, a PEG ratio of 3.08 and a beta of 0.72. The stock has a 50-day moving average price of $27.01 and a 200-day moving average price of $26.71. The company has a current ratio of 0.49, a quick ratio of 0.39 and a debt-to-equity ratio of 0.94.

Kinder Morgan (NYSE:KMI - Get Free Report) last issued its quarterly earnings data on Wednesday, January 22nd. The pipeline company reported $0.32 earnings per share for the quarter, missing analysts' consensus estimates of $0.33 by ($0.01). Kinder Morgan had a return on equity of 8.09% and a net margin of 17.31%. Research analysts expect that Kinder Morgan, Inc. will post 1.25 EPS for the current fiscal year.

Kinder Morgan Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, February 18th. Investors of record on Monday, February 3rd were issued a dividend of $0.2875 per share. The ex-dividend date was Monday, February 3rd. This represents a $1.15 dividend on an annualized basis and a yield of 4.43%. Kinder Morgan's dividend payout ratio (DPR) is currently 98.29%.

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.