one8zero8 LLC Purchases New Holdings in Kinder Morgan, Inc. (NYSE:KMI)

one8zero8 LLC bought a new position in Kinder Morgan, Inc. (NYSE:KMI - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 81,402 shares of the pipeline company's stock, valued at approximately $2,230,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. CX Institutional increased its stake in shares of Kinder Morgan by 2.3% in the fourth quarter. CX Institutional now owns 15,661 shares of the pipeline company's stock valued at $429,000 after buying an additional 354 shares in the last quarter. Sunflower Bank N.A. increased its position in Kinder Morgan by 3.6% in the fourth quarter. Sunflower Bank N.A. now owns 10,503 shares of the pipeline company's stock worth $288,000 after purchasing an additional 367 shares during the period. Ignite Planners LLC increased its position in Kinder Morgan by 3.9% in the fourth quarter. Ignite Planners LLC now owns 9,992 shares of the pipeline company's stock worth $282,000 after purchasing an additional 372 shares during the period. Eagle Bay Advisors LLC increased its position in Kinder Morgan by 8.0% in the fourth quarter. Eagle Bay Advisors LLC now owns 5,182 shares of the pipeline company's stock worth $142,000 after purchasing an additional 385 shares during the period. Finally, Bristlecone Advisors LLC increased its position in Kinder Morgan by 2.6% in the fourth quarter. Bristlecone Advisors LLC now owns 15,794 shares of the pipeline company's stock worth $433,000 after purchasing an additional 400 shares during the period. 62.52% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, President Thomas A. Martin sold 18,000 shares of the stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of $26.61, for a total value of $478,980.00. Following the completion of the sale, the president now owns 825,652 shares of the company's stock, valued at approximately $21,970,599.72. This represents a 2.13 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, VP John W. Schlosser sold 75,461 shares of the firm's stock in a transaction that occurred on 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 sale, the vice president now directly owns 220,681 shares of the company's stock, valued at $5,881,148.65. This represents a 25.48 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 129,461 shares of company stock valued at $3,490,996 in the last 90 days. Corporate insiders own 12.64% of the company's stock.

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Kinder Morgan Stock Performance

Shares of KMI stock traded up $0.23 during trading on Thursday, reaching $28.08. 8,205,048 shares of the company's stock were exchanged, compared to its average volume of 13,151,515. The firm's fifty day moving average price is $27.58 and its 200-day moving average price is $26.04. The stock has a market capitalization of $62.38 billion, a PE ratio of 24.00, a PEG ratio of 3.08 and a beta of 0.94. Kinder Morgan, Inc. has a twelve month low of $17.61 and a twelve month high of $31.48. The company has a quick ratio of 0.39, a current ratio of 0.49 and a debt-to-equity ratio of 0.94.

Kinder Morgan (NYSE:KMI - Get Free Report) last released 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 net margin of 17.31% and a return on equity of 8.09%. As a group, sell-side analysts anticipate that Kinder Morgan, Inc. will post 1.25 EPS for the current year.

Kinder Morgan Announces Dividend

The firm also recently disclosed 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 annualized dividend and a dividend yield of 4.10%. Kinder Morgan's dividend payout ratio is currently 98.29%.

Analyst Ratings Changes

A number of analysts recently commented on KMI shares. UBS Group lifted their price objective on Kinder Morgan from $34.00 to $38.00 and gave the stock a "buy" rating in a research report on Monday, January 27th. Wells Fargo & Company raised their target price on Kinder Morgan from $30.00 to $33.00 and gave the stock an "overweight" rating in a report on Thursday, January 23rd. Citigroup lifted their price objective on Kinder Morgan from $25.00 to $28.00 and gave the company a "neutral" rating in a report on Wednesday, January 29th. Barclays upgraded Kinder Morgan from an "equal weight" rating to an "overweight" rating and set a $31.00 price objective on the stock in a report on Monday, March 3rd. Finally, Morgan Stanley lifted their price objective on Kinder Morgan from $24.00 to $36.00 in a report on Thursday, January 23rd. Seven research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $29.64.

Kinder Morgan Company 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.