Steigerwald Gordon & Koch Inc. Grows Position in Kinder Morgan, Inc. (NYSE:KMI)

Steigerwald Gordon & Koch Inc. boosted its position in Kinder Morgan, Inc. (NYSE:KMI - Free Report) by 2.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 669,849 shares of the pipeline company's stock after purchasing an additional 13,406 shares during the period. Kinder Morgan makes up about 2.1% of Steigerwald Gordon & Koch Inc.'s portfolio, making the stock its 21st largest holding. Steigerwald Gordon & Koch Inc.'s holdings in Kinder Morgan were worth $18,354,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Sunflower Bank N.A. increased its stake in shares of 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 acquiring an additional 367 shares during the last quarter. Ignite Planners LLC boosted its position in shares of Kinder Morgan by 3.9% in the fourth quarter. Ignite Planners LLC now owns 9,992 shares of the pipeline company's stock valued at $282,000 after acquiring an additional 372 shares during the period. Eagle Bay Advisors LLC increased its holdings in shares of Kinder Morgan by 8.0% during the 4th 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. Sunbelt Securities Inc. lifted its position in shares of Kinder Morgan by 0.5% in the 3rd quarter. Sunbelt Securities Inc. now owns 90,560 shares of the pipeline company's stock worth $2,000,000 after acquiring an additional 414 shares during the period. Finally, SignalPoint Asset Management LLC raised its stake in shares of Kinder Morgan by 1.5% in the 3rd quarter. SignalPoint Asset Management LLC now owns 30,059 shares of the pipeline company's stock valued at $655,000 after buying an additional 447 shares in the last quarter. 62.52% of the stock is owned by institutional investors.

Kinder Morgan Stock Up 0.9 %

Kinder Morgan stock traded up $0.26 on Friday, hitting $30.32. 15,710,662 shares of the stock traded hands, compared to its average volume of 10,053,223. The business's fifty day simple moving average is $27.68 and its 200 day simple moving average is $24.10. The firm has a market cap of $67.36 billion, a P/E ratio of 26.59, a price-to-earnings-growth ratio of 3.71 and a beta of 0.94. The company has a current ratio of 0.46, a quick ratio of 0.35 and a debt-to-equity ratio of 0.95. Kinder Morgan, Inc. has a 1 year low of $16.47 and a 1 year high of $30.51.

Kinder Morgan (NYSE:KMI - Get Free Report) last released its earnings results on Wednesday, October 16th. The pipeline company reported $0.25 EPS for the quarter, missing the consensus estimate of $0.27 by ($0.02). Kinder Morgan had a return on equity of 7.87% and a net margin of 16.76%. The company had revenue of $3.70 billion during the quarter, compared to the consensus estimate of $4.05 billion. During the same period last year, the firm posted $0.25 earnings per share. The company's revenue was down 5.3% compared to the same quarter last year. As a group, sell-side analysts forecast that Kinder Morgan, Inc. will post 1.17 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research analysts have recently commented on KMI shares. UBS Group boosted their target price on Kinder Morgan from $33.00 to $34.00 and gave the stock a "buy" rating in a report on Friday, December 6th. The Goldman Sachs Group upped their price objective on Kinder Morgan from $26.00 to $29.00 and gave the company a "buy" rating in a report on Tuesday, November 26th. Scotiabank assumed coverage on Kinder Morgan in a research note on Friday, January 10th. They set a "sector perform" rating and a $26.00 price objective on the stock. Royal Bank of Canada upped their target price on shares of Kinder Morgan from $24.00 to $26.00 and gave the stock a "sector perform" rating in a research note on Tuesday, October 22nd. Finally, Morgan Stanley set a $26.00 price objective on Kinder Morgan in a report on Friday, October 18th. Eight investment analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Kinder Morgan currently has an average rating of "Moderate Buy" and a consensus target price of $27.00.

Insider Buying and Selling at Kinder Morgan

In related news, Director C Park Shaper sold 690,142 shares of the firm's stock in a transaction that occurred on Monday, October 21st. The shares were sold at an average price of $24.75, for a total value of $17,081,014.50. Following the sale, the director now owns 6,809,858 shares in the company, valued at approximately $168,543,985.50. This trade represents a 9.20 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Amy W. Chronis bought 2,241 shares of Kinder Morgan stock in a transaction on Tuesday, November 5th. The shares were acquired at an average cost of $24.89 per share, with a total value of $55,778.49. Following the completion of the acquisition, the director now owns 23,995 shares of the company's stock, valued at $597,235.55. The trade was a 10.30 % increase in their position. The disclosure for this purchase can be found here. In the last three months, insiders have sold 745,263 shares of company stock worth $18,578,014. Insiders own 12.81% of the company's stock.

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.