Kinder Morgan Inc (NYSE:KMI) Director William A. Smith bought 5,500 shares of the business’s stock in a transaction that occurred on Monday, January 22nd. The stock was acquired at an average cost of $19.52 per share, for a total transaction of $107,360.00. Following the completion of the purchase, the director now directly owns 14,587 shares of the company’s stock, valued at $284,738.24. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Shares of Kinder Morgan Inc (NYSE KMI) traded up $0.62 on Monday, reaching $19.63. 15,421,483 shares of the company’s stock traded hands, compared to its average volume of 16,673,186. The company has a quick ratio of 0.35, a current ratio of 0.44 and a debt-to-equity ratio of 1.00. Kinder Morgan Inc has a twelve month low of $16.68 and a twelve month high of $23.01. The stock has a market capitalization of $43,840.00, a price-to-earnings ratio of 1,963.00, a PEG ratio of 1.23 and a beta of 0.62.

Kinder Morgan (NYSE:KMI) last released its earnings results on Wednesday, January 17th. The pipeline company reported $0.21 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.18 by $0.03. Kinder Morgan had a net margin of 1.34% and a return on equity of 4.38%. The firm had revenue of $3.63 billion during the quarter, compared to analyst estimates of $3.52 billion. During the same period last year, the business earned $0.08 earnings per share. The business’s revenue was up 7.2% on a year-over-year basis. analysts anticipate that Kinder Morgan Inc will post 0.77 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 15th. Stockholders of record on Wednesday, January 31st will be issued a dividend of $0.125 per share. The ex-dividend date is Tuesday, January 30th. This represents a $0.50 annualized dividend and a dividend yield of 2.55%. Kinder Morgan’s payout ratio is 5,000.00%.

Hedge funds have recently added to or reduced their stakes in the company. Welch Investments LLC purchased a new position in shares of Kinder Morgan during the third quarter valued at approximately $102,000. Valeo Financial Advisors LLC purchased a new position in shares of Kinder Morgan during the third quarter valued at approximately $104,000. Sit Investment Associates Inc. lifted its holdings in shares of Kinder Morgan by 237.1% during the fourth quarter. Sit Investment Associates Inc. now owns 6,725 shares of the pipeline company’s stock valued at $122,000 after purchasing an additional 4,730 shares during the last quarter. FUKOKU MUTUAL LIFE INSURANCE Co lifted its holdings in shares of Kinder Morgan by 23.5% during the second quarter. FUKOKU MUTUAL LIFE INSURANCE Co now owns 8,400 shares of the pipeline company’s stock valued at $161,000 after purchasing an additional 1,600 shares during the last quarter. Finally, Salem Investment Counselors Inc. lifted its holdings in shares of Kinder Morgan by 13.7% during the second quarter. Salem Investment Counselors Inc. now owns 9,047 shares of the pipeline company’s stock valued at $173,000 after purchasing an additional 1,088 shares during the last quarter. Hedge funds and other institutional investors own 60.72% of the company’s stock.

Several research firms recently issued reports on KMI. Wells Fargo & Co reissued a “market perform” rating on shares of Kinder Morgan in a research note on Thursday, January 11th. Bank of America assumed coverage on shares of Kinder Morgan in a report on Tuesday, January 9th. They issued a “neutral” rating for the company. Zacks Investment Research lowered shares of Kinder Morgan from a “hold” rating to a “sell” rating in a report on Monday, January 8th. Credit Suisse Group assumed coverage on shares of Kinder Morgan in a report on Thursday, January 4th. They issued an “outperform” rating and a $23.00 price objective for the company. Finally, Morgan Stanley lowered their price objective on shares of Kinder Morgan from $25.00 to $24.00 and set an “overweight” rating for the company in a report on Friday, November 17th. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and nine have given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $22.72.

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About Kinder Morgan

Kinder Morgan, Inc is an energy infrastructure company. It operates through five segments. Its Natural Gas Pipelines segment is engaged in the ownership and operation of interstate and intrastate natural gas pipeline and storage systems, and liquefied natural gas facilities, among others. Its CO2 segment is engaged in the production, transportation and marketing of carbon dioxide (CO2) to oil fields and the ownership and operation of a crude oil pipeline system, among others.

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