Kinder Morgan Inc. (NYSE:KMI) saw strong trading volume on Thursday . 19,559,720 shares were traded during mid-day trading, an increase of 9% from the previous session’s volume of 18,024,069 shares.The stock last traded at $20.83 and had previously closed at $20.21.

KMI has been the subject of several recent analyst reports. Credit Suisse Group AG restated a “hold” rating on shares of Kinder Morgan in a research report on Sunday, May 22nd. Deutsche Bank AG restated a “buy” rating on shares of Kinder Morgan in a research report on Sunday, May 22nd. Vetr upgraded shares of Kinder Morgan from a “strong sell” rating to a “sell” rating and set a $19.80 price objective for the company in a research report on Monday. Zacks Investment Research downgraded shares of Kinder Morgan from a “hold” rating to a “sell” rating in a research report on Monday, May 23rd. Finally, Bank of America Corp. restated a “neutral” rating and set a $18.74 price objective (down previously from $19.00) on shares of Kinder Morgan in a research report on Thursday, April 21st. One research analyst has rated the stock with a sell rating, twelve have issued a hold rating and eight have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $22.10.

The company’s 50 day moving average price is $18.43 and its 200 day moving average price is $17.22. The firm has a market cap of $46.93 billion and a PE ratio of 808.85.

Kinder Morgan (NYSE:KMI) last announced its quarterly earnings data on Wednesday, April 20th. The company reported $0.12 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.19 by $0.07. The company earned $3.20 billion during the quarter, compared to analysts’ expectations of $3.76 billion. During the same quarter in the previous year, the business earned $0.58 EPS. Kinder Morgan’s revenue was down 11.2% compared to the same quarter last year. Equities analysts anticipate that Kinder Morgan Inc. will post $0.68 earnings per share for the current year.

A number of institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. boosted its position in shares of Kinder Morgan by 2.0% in the fourth quarter. Vanguard Group Inc. now owns 117,022,069 shares of the company’s stock valued at $1,745,969,000 after buying an additional 2,303,143 shares during the period. Atlantic Trust Group LLC boosted its position in shares of Kinder Morgan by 79.4% in the fourth quarter. Atlantic Trust Group LLC now owns 9,033,921 shares of the company’s stock valued at $134,786,000 after buying an additional 3,999,623 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of Kinder Morgan by 13.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 4,515,079 shares of the company’s stock valued at $67,349,000 after buying an additional 535,825 shares during the period. Quantitative Investment Management LLC boosted its position in shares of Kinder Morgan by 203.5% in the fourth quarter. Quantitative Investment Management LLC now owns 1,488,000 shares of the company’s stock valued at $22,200,000 after buying an additional 997,700 shares during the period. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its position in shares of Kinder Morgan by 45.3% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 1,305,227 shares of the company’s stock valued at $19,474,000 after buying an additional 406,783 shares during the period.

Kinder Morgan, Inc (KMI) is an energy infrastructure and energy company in North America. The Company operates through six segments: Natural Gas Pipelines, CO2, Terminals, Products Pipelines, Kinder Morgan Canada and Other. The Natural Gas Pipelines segment includes interstate and intrastate pipelines and its liquefied natural gas (LNG) terminals.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.