W Advisors LLC Invests $223,000 in Kinder Morgan, Inc. (NYSE:KMI)

W Advisors LLC bought a new stake in Kinder Morgan, Inc. (NYSE:KMI) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 8,144 shares of the pipeline company’s stock, valued at approximately $223,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Nilsine Partners LLC increased its stake in Kinder Morgan by 13.0% during the fourth quarter. Nilsine Partners LLC now owns 16,856 shares of the pipeline company’s stock worth $462,000 after acquiring an additional 1,938 shares during the last quarter. Baldwin Wealth Partners LLC MA increased its position in Kinder Morgan by 16.0% during the 4th quarter. Baldwin Wealth Partners LLC MA now owns 10,111 shares of the pipeline company’s stock worth $277,000 after purchasing an additional 1,393 shares in the last quarter. Foundations Investment Advisors LLC raised its holdings in Kinder Morgan by 5.7% in the fourth quarter. Foundations Investment Advisors LLC now owns 44,876 shares of the pipeline company’s stock valued at $1,230,000 after buying an additional 2,401 shares during the period. United Asset Strategies Inc. lifted its position in Kinder Morgan by 0.8% during the fourth quarter. United Asset Strategies Inc. now owns 549,186 shares of the pipeline company’s stock valued at $15,048,000 after buying an additional 4,343 shares in the last quarter. Finally, Blue Trust Inc. grew its stake in Kinder Morgan by 30.9% during the fourth quarter. Blue Trust Inc. now owns 32,497 shares of the pipeline company’s stock worth $890,000 after buying an additional 7,679 shares during the period. Institutional investors and hedge funds own 62.52% of the company’s stock.

Insiders Place Their Bets

In related news, President Thomas A. Martin sold 18,000 shares of the stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $27.91, for a total value of $502,380.00. Following the completion of the transaction, the president now directly owns 861,652 shares of the company’s stock, valued at $24,048,707.32. This represents a 2.05 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Amy W. Chronis bought 2,241 shares of the business’s stock in a transaction on Tuesday, November 5th. The shares were acquired at an average cost of $24.89 per share, for a total transaction of $55,778.49. Following the purchase, the director now directly owns 23,995 shares in the company, valued at $597,235.55. This represents a 10.30 % increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last 90 days, insiders sold 55,121 shares of company stock worth $1,497,000. Insiders own 12.64% of the company’s stock.

Analysts Set New Price Targets

KMI has been the topic of several recent research reports. The Goldman Sachs Group lifted their target price on shares of Kinder Morgan from $26.00 to $29.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. Wells Fargo & Company boosted their target price on shares of Kinder Morgan from $30.00 to $33.00 and gave the stock an “overweight” rating in a research report on Thursday, January 23rd. Mizuho raised their price target on shares of Kinder Morgan from $31.00 to $33.00 and gave the company an “overweight” rating in a report on Thursday, January 23rd. Morgan Stanley upped their price objective on shares of Kinder Morgan from $24.00 to $36.00 in a research report on Thursday, January 23rd. Finally, Scotiabank began coverage on Kinder Morgan in a report on Friday, January 10th. They set a “sector perform” rating and a $26.00 price objective on the stock. Eight equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $29.23.

Kinder Morgan Price Performance

KMI opened at $27.39 on Tuesday. The firm has a market cap of $60.86 billion, a price-to-earnings ratio of 23.41, a price-to-earnings-growth ratio of 4.13 and a beta of 0.94. The company’s 50-day moving average price is $28.03 and its 200 day moving average price is $24.50. Kinder Morgan, Inc. has a fifty-two week low of $16.47 and a fifty-two week high of $31.48. The company has a quick ratio of 0.35, a current ratio of 0.46 and a debt-to-equity ratio of 0.95.

Kinder Morgan (NYSE:KMI) last issued its quarterly earnings data on Wednesday, January 22nd. The pipeline company reported $0.32 EPS for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.01). Kinder Morgan had a return on equity of 8.10% and a net margin of 17.31%. As a group, sell-side analysts expect that Kinder Morgan, Inc. will post 1.27 earnings per share for the current year.

Kinder Morgan Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, February 18th. Shareholders of record on Monday, February 3rd will be paid a dividend of $0.2875 per share. This represents a $1.15 dividend on an annualized basis and a yield of 4.20%. The ex-dividend date of this dividend is Monday, February 3rd. Kinder Morgan’s payout ratio is 98.29%.

Kinder Morgan Profile

Kinder Morgan, Inc operates as an energy infrastructure company primarily in North America. The company operates through Natural Gas Pipelines, Products Pipelines, Terminals, and CO2 segments. The Natural Gas Pipelines segment owns and operates interstate and intrastate natural gas pipeline, and 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.