MGO One Seven LLC Buys 54,506 Shares of Kinder Morgan, Inc. (NYSE:KMI)

MGO One Seven LLC boosted its stake in Kinder Morgan, Inc. (NYSE:KMI - Free Report) by 277.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 74,151 shares of the pipeline company's stock after acquiring an additional 54,506 shares during the quarter. MGO One Seven LLC's holdings in Kinder Morgan were worth $2,032,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Retirement Wealth Solutions LLC bought a new stake in shares of Kinder Morgan in the fourth quarter valued at about $25,000. Centricity Wealth Management LLC acquired a new stake in Kinder Morgan in the 4th quarter valued at approximately $25,000. Hurley Capital LLC bought a new stake in Kinder Morgan in the 4th quarter valued at approximately $25,000. Modus Advisors LLC acquired a new position in Kinder Morgan during the 4th quarter worth approximately $27,000. Finally, Heck Capital Advisors LLC bought a new position in shares of Kinder Morgan during the 4th quarter worth approximately $29,000. 62.52% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Kinder Morgan

In other news, VP John W. Schlosser sold 75,461 shares of Kinder Morgan stock in a transaction on 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 owns 220,681 shares of the company's stock, valued at approximately $5,881,148.65. This trade represents a 25.48 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, President Thomas A. Martin sold 18,000 shares of the business's stock in a transaction dated Wednesday, February 5th. The shares were sold at an average price of $27.70, for a total transaction of $498,600.00. Following the completion of the sale, the president now directly owns 843,652 shares of the company's stock, valued at approximately $23,369,160.40. The trade was a 2.09 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 129,461 shares of company stock worth $3,506,116 over the last quarter. Company insiders own 12.73% of the company's stock.

Kinder Morgan Stock Up 1.0 %

KMI opened at $26.87 on Friday. The stock's fifty day simple moving average is $26.94 and its 200 day simple moving average is $26.99. Kinder Morgan, Inc. has a 1-year low of $18.13 and a 1-year high of $31.48. The stock has a market cap of $59.71 billion, a PE ratio of 22.97, a price-to-earnings-growth ratio of 3.08 and a beta of 0.72. The company has a current ratio of 0.49, a quick ratio of 0.39 and a debt-to-equity ratio of 0.94.

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

Kinder Morgan Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 15th. Shareholders of record on Wednesday, April 30th will be given a dividend of $0.2925 per share. The ex-dividend date of this dividend is Wednesday, April 30th. This is an increase from Kinder Morgan's previous quarterly dividend of $0.29. This represents a $1.17 annualized dividend and a yield of 4.35%. Kinder Morgan's dividend payout ratio (DPR) is 100.86%.

Analyst Ratings Changes

A number of analysts have recently commented on the stock. JPMorgan Chase & Co. boosted their price objective on shares of Kinder Morgan from $28.00 to $29.00 and gave the stock a "neutral" rating in a research report on Wednesday, March 5th. Barclays raised shares of Kinder Morgan from an "equal weight" rating to an "overweight" rating and set a $31.00 price target on the stock in a research report on Monday, March 3rd. Wells Fargo & Company increased their price objective on shares of Kinder Morgan from $30.00 to $33.00 and gave the stock an "overweight" rating in a research note on Thursday, January 23rd. Mizuho lifted their target price on Kinder Morgan from $31.00 to $33.00 and gave the company an "overweight" rating in a research report on Thursday, January 23rd. Finally, 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 report on Monday, March 3rd. Seven investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Kinder Morgan presently has an average rating of "Moderate Buy" and an average price target 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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