Blair William & Co. IL Has $10.31 Million Stock Holdings in Kinder Morgan, Inc. (NYSE:KMI)

Blair William & Co. IL trimmed its position in Kinder Morgan, Inc. (NYSE:KMIFree Report) by 3.2% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 621,903 shares of the pipeline company’s stock after selling 20,312 shares during the period. Blair William & Co. IL’s holdings in Kinder Morgan were worth $10,311,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Fairfield Bush & CO. bought a new stake in shares of Kinder Morgan during the 1st quarter worth $93,000. American Century Companies Inc. raised its holdings in shares of Kinder Morgan by 12.3% in the 1st quarter. American Century Companies Inc. now owns 91,931 shares of the pipeline company’s stock worth $1,739,000 after purchasing an additional 10,079 shares during the period. Acadian Asset Management LLC lifted its stake in Kinder Morgan by 48,564.7% in the first quarter. Acadian Asset Management LLC now owns 8,273 shares of the pipeline company’s stock valued at $156,000 after purchasing an additional 8,256 shares during the last quarter. Synovus Financial Corp grew its holdings in Kinder Morgan by 1.6% during the first quarter. Synovus Financial Corp now owns 90,218 shares of the pipeline company’s stock valued at $1,705,000 after purchasing an additional 1,408 shares during the period. Finally, Sequoia Financial Advisors LLC bought a new stake in shares of Kinder Morgan in the first quarter valued at $263,000. Hedge funds and other institutional investors own 62.33% of the company’s stock.

Insider Activity

In other Kinder Morgan news, VP John W. Schlosser sold 7,500 shares of the business’s stock in a transaction on Wednesday, January 3rd. The shares were sold at an average price of $18.00, for a total value of $135,000.00. Following the completion of the sale, the vice president now directly owns 3,219 shares of the company’s stock, valued at $57,942. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, VP Denise R. Mathews sold 30,000 shares of Kinder Morgan stock in a transaction dated Wednesday, December 6th. The shares were sold at an average price of $17.55, for a total transaction of $526,500.00. Following the completion of the transaction, the vice president now directly owns 79,217 shares of the company’s stock, valued at approximately $1,390,258.35. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, VP John W. Schlosser sold 7,500 shares of the firm’s stock in a transaction that occurred on Wednesday, January 3rd. The shares were sold at an average price of $18.00, for a total transaction of $135,000.00. Following the transaction, the vice president now directly owns 3,219 shares of the company’s stock, valued at approximately $57,942. The disclosure for this sale can be found here. In the last 90 days, insiders sold 87,500 shares of company stock valued at $1,543,000. Corporate insiders own 12.64% of the company’s stock.

Kinder Morgan Trading Down 0.1 %

Shares of KMI opened at $16.61 on Monday. The company has a debt-to-equity ratio of 0.88, a current ratio of 0.35 and a quick ratio of 0.30. Kinder Morgan, Inc. has a 1-year low of $15.89 and a 1-year high of $18.51. The company has a market capitalization of $36.92 billion, a P/E ratio of 15.52, a P/E/G ratio of 4.73 and a beta of 0.91. The firm’s 50 day simple moving average is $17.48 and its 200 day simple moving average is $17.17.

Kinder Morgan (NYSE:KMIGet Free Report) last posted its quarterly earnings data on Wednesday, January 17th. The pipeline company reported $0.28 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.02). The company had revenue of $4.04 billion for the quarter, compared to the consensus estimate of $4.40 billion. Kinder Morgan had a return on equity of 7.57% and a net margin of 15.59%. The business’s revenue was down 11.8% on a year-over-year basis. During the same period in the prior year, the firm posted $0.31 earnings per share. Sell-side analysts forecast that Kinder Morgan, Inc. will post 1.17 earnings per share for the current fiscal year.

Kinder Morgan Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, February 15th. Stockholders of record on Wednesday, January 31st will be issued a $0.2825 dividend. The ex-dividend date of this dividend is Tuesday, January 30th. This represents a $1.13 dividend on an annualized basis and a dividend yield of 6.80%. Kinder Morgan’s payout ratio is 105.61%.

Analyst Upgrades and Downgrades

KMI has been the topic of a number of research reports. StockNews.com upgraded Kinder Morgan from a “hold” rating to a “buy” rating in a research note on Saturday, February 3rd. US Capital Advisors upgraded shares of Kinder Morgan from a “hold” rating to an “overweight” rating in a research note on Friday, November 17th. Five investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, Kinder Morgan presently has a consensus rating of “Hold” and an average price target of $20.50.

View Our Latest Report on Kinder Morgan

Kinder Morgan Company Profile

(Free Report)

Kinder Morgan, Inc operates as an energy infrastructure company in North America. The company operates through four segments: Natural Gas Pipelines, Products Pipelines, Terminals, and CO2. The Natural Gas Pipelines segment owns and operates interstate and intrastate natural gas pipeline, and underground 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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Institutional Ownership by Quarter for Kinder Morgan (NYSE:KMI)

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