Bank of The West decreased its position in Kinder Morgan Inc (NYSE:KMI) by 16.7% in the fourth quarter, Holdings Channel reports. The institutional investor owned 15,659 shares of the pipeline company’s stock after selling 3,135 shares during the quarter. Bank of The West’s holdings in Kinder Morgan were worth $283,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the stock. North Star Asset Management Inc. lifted its position in Kinder Morgan by 0.6% in the 2nd quarter. North Star Asset Management Inc. now owns 10,029 shares of the pipeline company’s stock worth $192,000 after buying an additional 61 shares during the last quarter. Krilogy Financial LLC lifted its position in Kinder Morgan by 8.6% in the 2nd quarter. Krilogy Financial LLC now owns 13,536 shares of the pipeline company’s stock worth $259,000 after buying an additional 1,067 shares during the last quarter. Sentry Investment Management LLC lifted its position in Kinder Morgan by 1.0% in the 2nd quarter. Sentry Investment Management LLC now owns 152,821 shares of the pipeline company’s stock worth $2,928,000 after buying an additional 1,532 shares during the last quarter. Paradigm Financial Advisors LLC lifted its position in Kinder Morgan by 2.8% in the 2nd quarter. Paradigm Financial Advisors LLC now owns 77,361 shares of the pipeline company’s stock worth $1,482,000 after buying an additional 2,082 shares during the last quarter. Finally, Piedmont Investment Advisors LLC lifted its position in Kinder Morgan by 0.7% in the 2nd quarter. Piedmont Investment Advisors LLC now owns 411,348 shares of the pipeline company’s stock worth $7,881,000 after buying an additional 3,045 shares during the last quarter. Institutional investors own 60.57% of the company’s stock.

Kinder Morgan Inc (KMI) opened at $16.80 on Friday. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.35 and a current ratio of 0.44. Kinder Morgan Inc has a 12 month low of $16.56 and a 12 month high of $22.75. The stock has a market capitalization of $37,520.00, a P/E ratio of 1,680.00, a PEG ratio of 1.18 and a beta of 0.56.

Kinder Morgan (NYSE:KMI) last posted 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 return on equity of 4.38% and a net margin of 1.34%. The firm had revenue of $3.63 billion for the quarter, compared to analysts’ expectations of $3.52 billion. During the same period in the previous year, the firm earned $0.08 earnings per share. The business’s revenue was up 7.2% compared to the same quarter last year. sell-side analysts anticipate that Kinder Morgan Inc will post 0.82 EPS 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 paid a dividend of $0.125 per share. The ex-dividend date of this dividend is Tuesday, January 30th. This represents a $0.50 annualized dividend and a dividend yield of 2.98%. Kinder Morgan’s dividend payout ratio (DPR) is presently 5,000.00%.

In other Kinder Morgan news, VP Thomas A. Martin bought 3,000 shares of Kinder Morgan stock in a transaction dated Tuesday, December 5th. The shares were purchased at an average cost of $17.10 per share, with a total value of $51,300.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director William A. Smith bought 5,500 shares of Kinder Morgan stock in a transaction dated Monday, January 22nd. The shares were 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 approximately $284,738.24. The disclosure for this purchase can be found here. 13.99% of the stock is currently owned by insiders.

A number of equities analysts have commented on KMI shares. SunTrust Banks set a $23.00 price target on Kinder Morgan and gave the stock a “buy” rating in a research note on Thursday, October 19th. BMO Capital Markets set a $26.00 price target on Kinder Morgan and gave the stock a “buy” rating in a research note on Thursday, October 12th. Stifel Nicolaus decreased their price target on Kinder Morgan from $25.00 to $22.00 and set a “buy” rating on the stock in a research note on Tuesday, October 24th. Argus raised Kinder Morgan from a “hold” rating to a “buy” rating in a research note on Monday, January 29th. They noted that the move was a valuation call. Finally, Mizuho reaffirmed a “hold” rating and issued a $22.00 price target on shares of Kinder Morgan in a research note on Friday, October 20th. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating and ten have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $22.72.

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Kinder Morgan Profile

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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Institutional Ownership by Quarter for Kinder Morgan (NYSE:KMI)

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