18,744 Shares in Kinder Morgan, Inc. $KMI Acquired by International Private Wealth Advisors LLC

International Private Wealth Advisors LLC bought a new stake in Kinder Morgan, Inc. (NYSE:KMI) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 18,744 shares of the pipeline company’s stock, valued at approximately $531,000.

Several other institutional investors have also modified their holdings of the stock. LFA Lugano Financial Advisors SA acquired a new stake in Kinder Morgan during the second quarter worth about $26,000. CoreFirst Bank & Trust acquired a new position in Kinder Morgan in the 2nd quarter valued at about $35,000. Private Wealth Management Group LLC grew its stake in shares of Kinder Morgan by 94.9% in the 3rd quarter. Private Wealth Management Group LLC now owns 1,222 shares of the pipeline company’s stock valued at $35,000 after buying an additional 595 shares during the period. Westside Investment Management Inc. increased its holdings in shares of Kinder Morgan by 314.6% during the 3rd quarter. Westside Investment Management Inc. now owns 1,360 shares of the pipeline company’s stock worth $38,000 after buying an additional 1,032 shares during the last quarter. Finally, Twin Peaks Wealth Advisors LLC purchased a new stake in shares of Kinder Morgan during the 2nd quarter valued at approximately $40,000. Hedge funds and other institutional investors own 62.52% of the company’s stock.

Insider Buying and Selling

In other news, VP John W. Schlosser sold 6,166 shares of the business’s stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $27.49, for a total transaction of $169,503.34. Following the completion of the transaction, the vice president directly owned 201,204 shares of the company’s stock, valued at approximately $5,531,097.96. The trade was a 2.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO David Patrick Michels sold 20,000 shares of the company’s stock in a transaction that occurred on Thursday, January 22nd. The stock was sold at an average price of $30.00, for a total transaction of $600,000.00. Following the sale, the chief financial officer owned 139,428 shares in the company, valued at $4,182,840. The trade was a 12.54% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 38,498 shares of company stock valued at $1,126,515 in the last three months. 12.73% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on KMI shares. TD Cowen raised their target price on Kinder Morgan from $34.00 to $35.00 and gave the stock a “buy” rating in a research note on Thursday, January 22nd. Stifel Nicolaus boosted their price objective on shares of Kinder Morgan from $29.00 to $30.00 and gave the company a “hold” rating in a report on Tuesday, November 11th. Freedom Capital raised shares of Kinder Morgan from a “strong sell” rating to a “hold” rating in a research note on Wednesday, January 28th. Mizuho dropped their price target on shares of Kinder Morgan from $32.00 to $31.00 and set an “outperform” rating for the company in a research report on Friday, November 14th. Finally, Scotiabank upped their price objective on shares of Kinder Morgan from $29.00 to $30.00 and gave the stock a “sector perform” rating in a report on Friday, January 23rd. Nine analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $32.38.

Kinder Morgan Trading Up 1.9%

NYSE KMI opened at $32.30 on Friday. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.49 and a current ratio of 0.64. The firm has a market cap of $71.86 billion, a price-to-earnings ratio of 23.58, a PEG ratio of 2.61 and a beta of 0.70. The firm has a 50 day simple moving average of $28.31 and a 200-day simple moving average of $27.53. Kinder Morgan, Inc. has a one year low of $23.94 and a one year high of $32.34.

Kinder Morgan (NYSE:KMI) last released its earnings results on Wednesday, January 21st. The pipeline company reported $0.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.37 by $0.02. Kinder Morgan had a net margin of 18.04% and a return on equity of 9.02%. The company had revenue of $4.51 billion for the quarter, compared to analyst estimates of $4.33 billion. During the same period in the prior year, the business earned $0.30 EPS. The firm’s quarterly revenue was up 13.1% on a year-over-year basis. Equities research analysts anticipate that Kinder Morgan, Inc. will post 1.25 EPS for the current fiscal year.

Kinder Morgan Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, February 17th. Investors of record on Monday, February 2nd will be issued a $0.2925 dividend. The ex-dividend date is Monday, February 2nd. This represents a $1.17 dividend on an annualized basis and a yield of 3.6%. Kinder Morgan’s dividend payout ratio (DPR) is 85.40%.

About Kinder Morgan

Kinder Morgan (NYSE: KMI) is a large energy infrastructure company that owns and operates an extensive network of pipelines and terminals across North America. Its core activities center on the transportation, storage and handling of energy products, including natural gas, natural gas liquids (NGLs), crude oil, refined petroleum products and carbon dioxide. The company’s assets include long-haul and gathering pipelines, storage facilities, and multi-modal terminals that serve producers, refiners, utilities and industrial customers.

Kinder Morgan’s operations deliver midstream services such as pipeline transportation, terminaling, storage and related logistics and maintenance.