Kinder Morgan, Inc. (NYSE:KMI) Stock Holdings Trimmed by Capital Analysts LLC

Capital Analysts LLC decreased its holdings in Kinder Morgan, Inc. (NYSE:KMI - Free Report) by 19.0% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 122,438 shares of the pipeline company's stock after selling 28,635 shares during the quarter. Capital Analysts LLC's holdings in Kinder Morgan were worth $3,355,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of KMI. Retirement Wealth Solutions LLC acquired a new position in Kinder Morgan during the 4th quarter valued at about $25,000. Centricity Wealth Management LLC acquired a new position in shares of Kinder Morgan during the fourth quarter valued at approximately $25,000. Hurley Capital LLC bought a new stake in Kinder Morgan during the fourth quarter worth approximately $25,000. Modus Advisors LLC acquired a new stake in Kinder Morgan in the fourth quarter worth approximately $27,000. Finally, Heck Capital Advisors LLC acquired a new position in shares of Kinder Morgan during the 4th quarter valued at $29,000. 62.52% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Kinder Morgan

In other Kinder Morgan news, VP John W. Schlosser sold 75,461 shares of the business's stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $26.65, for a total value of $2,011,035.65. Following the completion of the sale, the vice president now owns 220,681 shares of the company's stock, valued at $5,881,148.65. The trade was a 25.48 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, President Thomas A. Martin sold 18,000 shares of the stock in a transaction dated Wednesday, April 2nd. The shares were sold at an average price of $28.75, for a total value of $517,500.00. Following the transaction, the president now directly owns 807,652 shares in the company, valued at approximately $23,219,995. This represents a 2.18 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 129,461 shares of company stock worth $3,506,116 over the last ninety days. 12.73% of the stock is currently owned by insiders.

Kinder Morgan Price Performance

NYSE KMI opened at $26.85 on Friday. 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 firm has a market capitalization of $59.66 billion, a price-to-earnings ratio of 22.95, a price-to-earnings-growth ratio of 3.08 and a beta of 0.72. The company has a 50 day simple moving average of $26.94 and a 200-day simple moving average of $27.04. Kinder Morgan, Inc. has a 52-week low of $18.13 and a 52-week high of $31.48.

Kinder Morgan (NYSE:KMI - Get Free Report) last issued its earnings results on Wednesday, April 16th. The pipeline company reported $0.34 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.34. Kinder Morgan had a net margin of 17.31% and a return on equity of 8.09%. The company had revenue of $4.24 billion during the quarter, compared to analyst estimates of $4.02 billion. Equities research analysts predict that Kinder Morgan, Inc. will post 1.25 earnings per share for the current fiscal year.

Kinder Morgan Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, May 15th. Investors of record on Wednesday, April 30th will be given a dividend of $0.2925 per share. This represents a $1.17 annualized dividend and a yield of 4.36%. The ex-dividend date is Wednesday, April 30th. This is a positive change from Kinder Morgan's previous quarterly dividend of $0.29. Kinder Morgan's dividend payout ratio (DPR) is presently 100.86%.

Wall Street Analysts Forecast Growth

KMI has been the subject of several research analyst reports. Mizuho upped 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. Morgan Stanley lifted their price objective on shares of Kinder Morgan from $24.00 to $36.00 in a research note on Thursday, January 23rd. JPMorgan Chase & Co. increased their target price on shares of Kinder Morgan from $28.00 to $29.00 and gave the company a "neutral" rating in a research note on Wednesday, March 5th. Scotiabank lifted their price target on shares of Kinder Morgan from $25.00 to $26.00 and gave the stock a "sector perform" rating in a research report on Monday, April 21st. Finally, Wells Fargo & Company increased their price objective on Kinder Morgan from $30.00 to $33.00 and gave the company an "overweight" rating in a research report on Thursday, January 23rd. Seven analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $29.64.

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.

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