Kinder Morgan (NYSE:KMI) Trading 0.3% Higher - What's Next?

Shares of Kinder Morgan, Inc. (NYSE:KMI - Get Free Report) were up 0.3% during trading on Monday . The company traded as high as $27.38 and last traded at $27.28. Approximately 3,376,921 shares traded hands during trading, a decline of 79% from the average daily volume of 16,285,724 shares. The stock had previously closed at $27.19.

Analysts Set New Price Targets

Several equities research analysts recently commented on KMI shares. Citigroup increased their price target on Kinder Morgan from $25.00 to $28.00 and gave the company a "neutral" rating in a report on Wednesday, January 29th. Mizuho boosted their target price on Kinder Morgan from $31.00 to $33.00 and gave the stock an "overweight" rating in a research note on Thursday, January 23rd. Bank of America assumed coverage on shares of Kinder Morgan in a report on Thursday, October 17th. They set a "buy" rating and a $27.00 price objective on the stock. Royal Bank of Canada upped their price target on shares of Kinder Morgan from $24.00 to $26.00 and gave the company a "sector perform" rating in a research report on Tuesday, October 22nd. Finally, Barclays lifted their target price on shares of Kinder Morgan from $27.00 to $31.00 and gave the company an "equal weight" rating in a report on Thursday, January 16th. Nine 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. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $29.14.

Kinder Morgan Trading Up 0.5 %

The firm's 50 day simple moving average is $27.95 and its 200-day simple moving average is $24.85. The company has a quick ratio of 0.35, a current ratio of 0.49 and a debt-to-equity ratio of 0.94. The company has a market capitalization of $61.41 billion, a PE ratio of 23.63, a P/E/G ratio of 3.12 and a beta of 0.94.

Kinder Morgan (NYSE:KMI - Get Free Report) last announced its earnings results on Wednesday, January 22nd. The pipeline company reported $0.32 EPS for the quarter, missing the consensus estimate of $0.33 by ($0.01). Kinder Morgan had a net margin of 17.31% and a return on equity of 8.09%. As a group, equities research analysts anticipate that Kinder Morgan, Inc. will post 1.28 EPS for the current year.

Kinder Morgan Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, February 18th. Shareholders of record on Monday, February 3rd will be given a $0.2875 dividend. This represents a $1.15 dividend on an annualized basis and a dividend yield of 4.16%. The ex-dividend date of this dividend is Monday, February 3rd. Kinder Morgan's payout ratio is 98.29%.

Insider Transactions at Kinder Morgan

In other Kinder Morgan news, President Thomas A. Martin sold 18,000 shares of the firm's stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $27.91, for a total value of $502,380.00. Following the transaction, the president now owns 861,652 shares of the company's stock, valued at $24,048,707.32. This trade represents a 2.05 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 12.81% of the company's stock.

Hedge Funds Weigh In On Kinder Morgan

Several institutional investors have recently modified their holdings of the company. Czech National Bank increased its holdings in shares of Kinder Morgan by 6.9% in the third quarter. Czech National Bank now owns 393,351 shares of the pipeline company's stock valued at $8,689,000 after buying an additional 25,406 shares in the last quarter. GAMMA Investing LLC increased its holdings in shares of Kinder Morgan by 34.1% during the 3rd quarter. GAMMA Investing LLC now owns 27,260 shares of the pipeline company's stock valued at $602,000 after acquiring an additional 6,932 shares during the last quarter. Diversified Trust Co bought a new position in Kinder Morgan in the 3rd quarter worth $467,000. Ignite Planners LLC bought a new stake in Kinder Morgan during the third quarter valued at about $213,000. Finally, Atomi Financial Group Inc. lifted its holdings in shares of Kinder Morgan by 8.5% during the third quarter. Atomi Financial Group Inc. now owns 64,838 shares of the pipeline company's stock worth $1,432,000 after buying an additional 5,080 shares during the last quarter. Institutional investors own 62.52% of the company's stock.

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.