Maia Wealth LLC Makes New Investment in Kinder Morgan, Inc. (NYSE:KMI)

Maia Wealth LLC acquired a new stake in Kinder Morgan, Inc. (NYSE:KMI - Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 13,474 shares of the pipeline company's stock, valued at approximately $370,000.

A number of other large investors have also recently added to or reduced their stakes in the business. Retirement Wealth Solutions LLC acquired a new position in Kinder Morgan during the fourth quarter worth about $25,000. Centricity Wealth Management LLC acquired a new stake in Kinder Morgan during the 4th quarter valued at $25,000. Modus Advisors LLC bought a new position in Kinder Morgan during the 4th quarter valued at $27,000. Heck Capital Advisors LLC bought a new position in shares of Kinder Morgan in the 4th quarter worth about $29,000. Finally, Planning Capital Management Corp increased its stake in Kinder Morgan by 143.6% during the 3rd quarter. Planning Capital Management Corp now owns 1,352 shares of the pipeline company's stock valued at $30,000 after buying an additional 797 shares during the period. 62.52% of the stock is currently owned by institutional investors and hedge funds.

Kinder Morgan Price Performance

Shares of Kinder Morgan stock traded down $0.54 during mid-day trading on Thursday, reaching $26.19. 5,509,713 shares of the stock traded hands, compared to its average volume of 15,447,901. 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 business has a 50-day moving average of $27.75 and a 200 day moving average of $25.65. The stock has a market capitalization of $58.19 billion, a PE ratio of 22.33, a PEG ratio of 3.08 and a beta of 0.94. Kinder Morgan, Inc. has a fifty-two week low of $17.45 and a fifty-two week high of $31.48.

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 net margin of 17.31% and a return on equity of 8.09%. On average, analysts predict that Kinder Morgan, Inc. will post 1.25 EPS for the current year.

Kinder Morgan Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, February 18th. Shareholders 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 dividend yield of 4.39%. Kinder Morgan's dividend payout ratio (DPR) is 98.29%.

Insider Buying and Selling

In related news, President Thomas A. Martin sold 18,000 shares of the business's stock in a transaction that occurred on Wednesday, February 5th. The shares were 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. The trade was a 2.09 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, VP John W. Schlosser sold 75,461 shares of the business's stock in a transaction on 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 completion of the transaction, the vice president now directly owns 220,681 shares of the company's stock, valued at $5,881,148.65. This trade represents a 25.48 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 111,461 shares of company stock valued at $3,012,016 in the last quarter. Company insiders own 12.64% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on KMI shares. 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. Mizuho upped their price target on shares of Kinder Morgan from $31.00 to $33.00 and gave the stock an "overweight" rating in a research report on Thursday, January 23rd. Truist Financial lifted their price objective on shares of Kinder Morgan from $25.00 to $31.00 and gave the stock a "hold" rating in a research note on Thursday, January 23rd. JPMorgan Chase & Co. lifted their price objective on shares of Kinder Morgan from $28.00 to $29.00 and gave the company a "neutral" rating in a report on Wednesday. Finally, Morgan Stanley boosted their target price on shares of Kinder Morgan from $24.00 to $36.00 in a research report on Thursday, January 23rd. Seven research analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $29.64.

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.