Schroder Investment Management Group Has $7.69 Million Stock Position in Kinder Morgan, Inc. (NYSE:KMI)

Schroder Investment Management Group lessened its position in Kinder Morgan, Inc. (NYSE:KMI - Free Report) by 76.2% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 281,157 shares of the pipeline company's stock after selling 899,015 shares during the period. Schroder Investment Management Group's holdings in Kinder Morgan were worth $7,692,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in KMI. HighTower Advisors LLC boosted its stake in Kinder Morgan by 1.1% in the third quarter. HighTower Advisors LLC now owns 1,308,481 shares of the pipeline company's stock worth $28,887,000 after purchasing an additional 14,461 shares in the last quarter. Janus Henderson Group PLC lifted its position in Kinder Morgan by 102.0% during the 3rd quarter. Janus Henderson Group PLC now owns 494,385 shares of the pipeline company's stock worth $10,923,000 after buying an additional 249,640 shares in the last quarter. Investment Management Corp of Ontario raised its stake in shares of Kinder Morgan by 49.0% in the third quarter. Investment Management Corp of Ontario now owns 66,258 shares of the pipeline company's stock worth $1,464,000 after acquiring an additional 21,800 shares during the last quarter. Integrated Wealth Concepts LLC grew its stake in shares of Kinder Morgan by 5.5% during the third quarter. Integrated Wealth Concepts LLC now owns 66,939 shares of the pipeline company's stock valued at $1,479,000 after purchasing an additional 3,471 shares during the last quarter. Finally, IHT Wealth Management LLC increased its holdings in shares of Kinder Morgan by 35.9% in the third quarter. IHT Wealth Management LLC now owns 51,572 shares of the pipeline company's stock valued at $1,154,000 after purchasing an additional 13,615 shares in the last quarter. Institutional investors and hedge funds own 62.52% of the company's stock.

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Insider Buying and Selling

In other news, President Thomas A. Martin sold 18,000 shares of the company's stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of $26.61, for a total transaction of $478,980.00. Following the completion of the transaction, the president now directly owns 825,652 shares of the company's stock, valued at $21,970,599.72. This represents a 2.13 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP John W. Schlosser sold 75,461 shares of Kinder Morgan stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $26.65, for a total value of $2,011,035.65. Following the completion of the sale, the vice president now directly owns 220,681 shares in the company, valued at approximately $5,881,148.65. This represents a 25.48 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 129,461 shares of company stock valued at $3,506,116. Company insiders own 12.64% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on KMI shares. Mizuho increased their price objective on Kinder Morgan from $31.00 to $33.00 and gave the company an "overweight" rating in a research report on Thursday, January 23rd. Truist Financial boosted their price objective on Kinder Morgan from $25.00 to $31.00 and gave the stock a "hold" rating in a report on Thursday, January 23rd. Citigroup boosted their price target on shares of Kinder Morgan from $25.00 to $28.00 and gave the stock a "neutral" rating in a research note on Wednesday, January 29th. Morgan Stanley raised their price objective on shares of Kinder Morgan from $24.00 to $36.00 in a research note on Thursday, January 23rd. Finally, JPMorgan Chase & Co. upped their target price on shares of Kinder Morgan from $28.00 to $29.00 and gave the company a "neutral" rating in a research report on Wednesday, March 5th. Seven equities 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. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $29.64.

Kinder Morgan Trading Down 0.7 %

Shares of Kinder Morgan stock traded down $0.18 during trading hours on Tuesday, hitting $25.20. The company's stock had a trading volume of 16,543,852 shares, compared to its average volume of 13,880,972. The company has a market capitalization of $55.98 billion, a PE ratio of 21.53, a price-to-earnings-growth ratio of 3.08 and a beta of 0.72. The company has a debt-to-equity ratio of 0.94, a current ratio of 0.49 and a quick ratio of 0.39. The stock has a 50 day moving average of $27.07 and a 200 day moving average of $26.69. Kinder Morgan, Inc. has a 12 month low of $17.61 and a 12 month high of $31.48.

Kinder Morgan (NYSE:KMI - Get Free Report) last posted its earnings results on Wednesday, January 22nd. The pipeline company reported $0.32 earnings per share (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%. Analysts predict that Kinder Morgan, Inc. will post 1.25 earnings per share for the current year.

Kinder Morgan Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, February 18th. Investors of record on Monday, February 3rd were given a $0.2875 dividend. The ex-dividend date was Monday, February 3rd. This represents a $1.15 annualized dividend and a yield of 4.56%. Kinder Morgan's dividend payout ratio is currently 98.29%.

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.