Private Wealth Partners LLC Sells 10,911 Shares of Kinder Morgan, Inc. (NYSE:KMI)

Private Wealth Partners LLC lowered its position in shares of Kinder Morgan, Inc. (NYSE:KMI - Free Report) by 3.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 299,884 shares of the pipeline company's stock after selling 10,911 shares during the quarter. Private Wealth Partners LLC's holdings in Kinder Morgan were worth $8,217,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in KMI. TBH Global Asset Management LLC bought a new stake in Kinder Morgan in the 4th quarter worth about $256,000. Private Advisor Group LLC grew its stake in shares of Kinder Morgan by 4.8% during the 4th quarter. Private Advisor Group LLC now owns 179,054 shares of the pipeline company's stock valued at $4,906,000 after purchasing an additional 8,273 shares during the period. Financial Perspectives Inc grew its stake in shares of Kinder Morgan by 2,883.2% during the 4th quarter. Financial Perspectives Inc now owns 3,192 shares of the pipeline company's stock valued at $87,000 after acquiring an additional 3,085 shares during the period. Vista Capital Partners Inc. bought a new position in shares of Kinder Morgan during the 4th quarter valued at approximately $216,000. Finally, Global Retirement Partners LLC grew its stake in shares of Kinder Morgan by 4.0% during the 4th quarter. Global Retirement Partners LLC now owns 23,729 shares of the pipeline company's stock valued at $650,000 after acquiring an additional 916 shares during the period. Hedge funds and other institutional investors own 62.52% of the company's stock.

Insider Transactions at Kinder Morgan

In other news, President Thomas A. Martin sold 18,000 shares of the stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $27.91, for a total transaction of $502,380.00. Following the completion of the sale, the president now owns 861,652 shares in the company, valued at approximately $24,048,707.32. This represents a 2.05 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 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 sale, the vice president now directly owns 220,681 shares in the company, valued at approximately $5,881,148.65. This trade represents a 25.48 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 129,461 shares of company stock worth $3,504,136. Company insiders own 12.64% of the company's stock.

Kinder Morgan Trading Down 0.6 %

Shares of KMI stock traded down $0.17 during mid-day trading on Friday, hitting $26.43. 9,604,782 shares of the company's stock were exchanged, compared to its average volume of 15,504,031. Kinder Morgan, Inc. has a fifty-two week low of $17.02 and a fifty-two week high of $31.48. The stock has a market cap of $58.72 billion, a price-to-earnings ratio of 22.58, a PEG ratio of 3.11 and a beta of 0.94. 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 stock has a 50-day simple moving average of $27.78 and a two-hundred day simple moving average of $25.26.

Kinder Morgan (NYSE:KMI - Get Free Report) last issued its quarterly earnings data on Wednesday, January 22nd. The pipeline company reported $0.32 EPS for the quarter, missing analysts' consensus estimates of $0.33 by ($0.01). Kinder Morgan had a return on equity of 8.09% and a net margin of 17.31%. Equities analysts expect that Kinder Morgan, Inc. will post 1.25 EPS for the current fiscal year.

Kinder Morgan Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, February 18th. Stockholders 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 4.35%. Kinder Morgan's dividend payout ratio is presently 98.29%.

Analyst Upgrades and Downgrades

A number of research firms recently commented on KMI. UBS Group boosted their price target on Kinder Morgan from $34.00 to $38.00 and gave the stock a "buy" rating in a report on Monday, January 27th. Scotiabank began coverage on Kinder Morgan in a research report on Friday, January 10th. They issued a "sector perform" rating and a $26.00 price objective on the stock. Wells Fargo & Company increased their price target on Kinder Morgan from $30.00 to $33.00 and gave the stock an "overweight" rating in a research report on Thursday, January 23rd. Citigroup increased their price target on Kinder Morgan from $25.00 to $28.00 and gave the stock a "neutral" rating in a research report on Wednesday, January 29th. Finally, The Goldman Sachs Group upped their price objective on Kinder Morgan from $26.00 to $29.00 and gave the stock a "buy" rating in a research note on Tuesday, November 26th. Nine analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $29.14.

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.