Partners Group Holding AG Sells 73,150 Shares of Kinder Morgan, Inc. (NYSE:KMI)

Partners Group Holding AG trimmed its stake in Kinder Morgan, Inc. (NYSE:KMI - Free Report) by 25.4% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 214,627 shares of the pipeline company's stock after selling 73,150 shares during the quarter. Partners Group Holding AG's holdings in Kinder Morgan were worth $5,881,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the company. Vanguard Group Inc. grew its position in Kinder Morgan by 0.7% in the 4th quarter. Vanguard Group Inc. now owns 202,846,078 shares of the pipeline company's stock worth $5,557,983,000 after purchasing an additional 1,469,759 shares during the last quarter. LPL Financial LLC boosted its position in shares of Kinder Morgan by 3.6% during the fourth quarter. LPL Financial LLC now owns 3,878,330 shares of the pipeline company's stock worth $106,266,000 after buying an additional 135,668 shares during the period. KLP Kapitalforvaltning AS bought a new position in Kinder Morgan in the 4th quarter worth approximately $21,774,000. American Century Companies Inc. increased its position in Kinder Morgan by 3.8% in the 4th quarter. American Century Companies Inc. now owns 369,451 shares of the pipeline company's stock valued at $10,123,000 after acquiring an additional 13,367 shares during the period. Finally, Runnymede Capital Advisors Inc. acquired a new position in Kinder Morgan during the 4th quarter worth $154,000. Institutional investors own 62.52% of the company's stock.

Insider Transactions at Kinder Morgan

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 completion of the sale, the vice president now directly owns 220,681 shares in the company, valued at $5,881,148.65. The trade was a 25.48 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, President Thomas A. Martin sold 18,000 shares of the stock in a transaction that occurred on 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 in the company, valued at $23,369,160.40. This represents a 2.09 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 129,461 shares of company stock valued at $3,490,996 over the last three months. 12.64% of the stock is owned by corporate insiders.

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Analyst Ratings Changes

Several equities research analysts recently weighed in on KMI shares. Truist Financial upped their price objective on shares of Kinder Morgan from $25.00 to $31.00 and gave the stock a "hold" rating in a report on Thursday, January 23rd. Morgan Stanley increased their price objective on shares of Kinder Morgan from $24.00 to $36.00 in a report on Thursday, January 23rd. The Goldman Sachs Group boosted their target price on Kinder Morgan from $26.00 to $29.00 and gave the stock a "buy" rating in a report on Tuesday, November 26th. Royal Bank of Canada increased their price target on Kinder Morgan from $26.00 to $27.00 and gave the company a "sector perform" rating in a research note on Monday, March 3rd. Finally, Wells Fargo & Company boosted their price objective on Kinder Morgan from $30.00 to $33.00 and gave the stock an "overweight" rating in a research note on Thursday, January 23rd. Seven equities 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 stock. According to data from MarketBeat.com, Kinder Morgan has an average rating of "Moderate Buy" and an average target price of $29.64.

Kinder Morgan Trading Up 0.3 %

Shares of KMI stock traded up $0.09 during trading hours on Tuesday, reaching $28.80. 11,365,973 shares of the stock traded hands, compared to its average volume of 13,175,907. The business has a fifty day moving average price of $27.57 and a 200 day moving average price of $26.21. Kinder Morgan, Inc. has a 1-year low of $17.61 and a 1-year high of $31.48. The company has a quick ratio of 0.39, a current ratio of 0.49 and a debt-to-equity ratio of 0.94. The firm has a market capitalization of $63.99 billion, a PE ratio of 24.62, a PEG ratio of 3.08 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 (EPS) for the quarter, missing analysts' consensus estimates of $0.33 by ($0.01). Kinder Morgan had a net margin of 17.31% and a return on equity of 8.09%. On average, equities research analysts forecast that Kinder Morgan, Inc. will post 1.25 EPS for the current year.

Kinder Morgan Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, February 18th. Stockholders of record on Monday, February 3rd were issued a $0.2875 dividend. The ex-dividend date of this dividend was Monday, February 3rd. This represents a $1.15 dividend on an annualized basis and a dividend yield of 3.99%. Kinder Morgan's dividend payout ratio is 98.29%.

Kinder Morgan 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.