Bradley Foster & Sargent Inc. CT Has $10.58 Million Holdings in Kinder Morgan, Inc. (NYSE:KMI)

Bradley Foster & Sargent Inc. CT boosted its holdings in shares of Kinder Morgan, Inc. (NYSE:KMI - Free Report) by 9.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 386,211 shares of the pipeline company's stock after purchasing an additional 32,925 shares during the period. Bradley Foster & Sargent Inc. CT's holdings in Kinder Morgan were worth $10,582,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Retirement Wealth Solutions LLC acquired a new position in Kinder Morgan during the 4th quarter worth approximately $25,000. Centricity Wealth Management LLC acquired a new stake in Kinder Morgan in the fourth quarter valued at approximately $25,000. Modus Advisors LLC bought a new stake in shares of Kinder Morgan during the fourth quarter worth $27,000. Heck Capital Advisors LLC acquired a new position in shares of Kinder Morgan during the fourth quarter worth $29,000. Finally, Planning Capital Management Corp lifted its stake in shares of Kinder Morgan by 143.6% in the 3rd quarter. Planning Capital Management Corp now owns 1,352 shares of the pipeline company's stock valued at $30,000 after acquiring an additional 797 shares during the last quarter. Institutional investors and hedge funds own 62.52% of the company's stock.

Insider Buying and Selling

In other news, VP John W. Schlosser sold 75,461 shares of the company's stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $26.65, for a total transaction of $2,011,035.65. Following the transaction, the vice president now owns 220,681 shares in the company, valued at approximately $5,881,148.65. This represents a 25.48 % decrease in their ownership of the stock. The sale 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 dated Wednesday, December 4th. The shares were sold at an average price of $27.34, for a total value of $492,120.00. Following the completion of the sale, the president now owns 879,652 shares of the company's stock, valued at approximately $24,049,685.68. This represents a 2.01 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 129,461 shares of company stock valued at $3,504,136 over the last ninety days. 12.64% of the stock is owned by corporate insiders.

Kinder Morgan Trading Down 0.7 %

Shares of KMI stock traded down $0.19 during mid-day trading on Friday, hitting $26.41. The company's stock had a trading volume of 21,468,445 shares, compared to its average volume of 15,875,047. The company has a market cap of $58.67 billion, a PE ratio of 22.57, a P/E/G ratio of 3.11 and a beta of 0.94. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.39 and a current ratio of 0.49. The company's fifty day simple moving average is $27.78 and its 200-day simple moving average is $25.26. Kinder Morgan, Inc. has a 52 week low of $17.02 and a 52 week high of $31.48.

Kinder Morgan (NYSE:KMI - Get Free Report) last issued its earnings results 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%. As a group, equities research analysts expect that Kinder Morgan, Inc. will post 1.25 earnings per share for the current fiscal year.

Kinder Morgan Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, February 18th. Investors of record on Monday, February 3rd were given 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 dividend yield of 4.36%. Kinder Morgan's payout ratio is presently 98.29%.

Analysts Set New Price Targets

A number of equities analysts have issued reports on KMI shares. Barclays upped their target price on Kinder Morgan from $27.00 to $31.00 and gave the stock an "equal weight" rating in a report on Thursday, January 16th. UBS Group upped their price objective on Kinder Morgan from $34.00 to $38.00 and gave the company a "buy" rating in a research note on Monday, January 27th. The Goldman Sachs Group lifted their target price on shares of Kinder Morgan from $26.00 to $29.00 and gave the stock a "buy" rating in a research report on Tuesday, November 26th. Wells Fargo & Company upped their price target on shares of Kinder Morgan from $30.00 to $33.00 and gave the company an "overweight" rating in a research report on Thursday, January 23rd. Finally, Scotiabank started coverage on shares of Kinder Morgan in a research note on Friday, January 10th. They set a "sector perform" rating and a $26.00 price target for the company. Nine equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, Kinder Morgan has a consensus rating of "Moderate Buy" and a consensus price target 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.