Personal CFO Solutions LLC Takes Position in Kinder Morgan, Inc. (NYSE:KMI)

Personal CFO Solutions LLC bought a new stake in Kinder Morgan, Inc. (NYSE:KMI) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 9,346 shares of the pipeline company’s stock, valued at approximately $256,000.

A number of other institutional investors also recently modified their holdings of the company. Pillar Financial Advisors LLC bought a new position in shares of Kinder Morgan in the fourth quarter valued at approximately $38,000. Amundi raised its position in Kinder Morgan by 28.9% in the 4th quarter. Amundi now owns 11,819,777 shares of the pipeline company’s stock worth $334,381,000 after purchasing an additional 2,650,040 shares during the last quarter. Larson Financial Group LLC raised its position in Kinder Morgan by 39.9% in the 4th quarter. Larson Financial Group LLC now owns 13,119 shares of the pipeline company’s stock worth $359,000 after purchasing an additional 3,743 shares during the last quarter. Generali Investments CEE investicni spolecnost a.s. bought a new position in Kinder Morgan in the 4th quarter worth approximately $520,000. Finally, PNC Financial Services Group Inc. raised its position in Kinder Morgan by 2.5% in the 4th quarter. PNC Financial Services Group Inc. now owns 419,050 shares of the pipeline company’s stock worth $11,482,000 after purchasing an additional 10,295 shares during the last quarter. Institutional investors own 62.52% of the company’s stock.

Analyst Ratings Changes

KMI has been the subject of several research analyst reports. Citigroup boosted their price objective on shares of Kinder Morgan from $25.00 to $28.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 29th. UBS Group boosted their price objective on shares of Kinder Morgan from $34.00 to $38.00 and gave the stock a “buy” rating in a research report on Monday, January 27th. Mizuho boosted their price objective on shares of Kinder Morgan from $31.00 to $33.00 and gave the stock an “overweight” rating in a research report on Thursday, January 23rd. Morgan Stanley boosted their price objective on shares of Kinder Morgan from $24.00 to $36.00 in a research report on Thursday, January 23rd. Finally, Barclays raised shares of Kinder Morgan from an “equal weight” rating to an “overweight” rating and set a $31.00 target price for the company in a report on Monday, March 3rd. Seven equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Kinder Morgan presently has a consensus rating of “Moderate Buy” and a consensus target price of $29.64.

Kinder Morgan Price Performance

Shares of KMI stock opened at $26.08 on Tuesday. Kinder Morgan, Inc. has a 12-month low of $17.45 and a 12-month high of $31.48. The firm has a market capitalization of $57.94 billion, a price-to-earnings ratio of 22.29, a price-to-earnings-growth ratio of 3.08 and a beta of 0.94. The company has a quick ratio of 0.39, a current ratio of 0.49 and a debt-to-equity ratio of 0.94. The firm has a fifty day moving average of $27.69 and a 200-day moving average of $25.79.

Kinder Morgan (NYSE:KMI) last announced its quarterly earnings results on Wednesday, January 22nd. The pipeline company reported $0.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.33 by ($0.01). Kinder Morgan had a net margin of 17.31% and a return on equity of 8.09%. On average, equities research analysts forecast that Kinder Morgan, Inc. will post 1.25 earnings per share for the current year.

Kinder Morgan Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, February 18th. Stockholders of record on Monday, February 3rd were issued a $0.2875 dividend. This represents a $1.15 annualized dividend and a dividend yield of 4.41%. The ex-dividend date was Monday, February 3rd. Kinder Morgan’s dividend payout ratio (DPR) is 98.29%.

Insider Activity

In related news, President Thomas A. Martin sold 18,000 shares of the company’s stock in a transaction on Thursday, January 2nd. The shares were 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 approximately $24,048,707.32. This represents a 2.05 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, VP John W. Schlosser sold 75,461 shares of the company’s stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $26.65, for a total transaction of $2,011,035.65. Following the completion of the transaction, the vice president now directly owns 220,681 shares of the company’s stock, valued at approximately $5,881,148.65. The trade was a 25.48 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 129,461 shares of company stock valued at $3,490,996 in the last quarter. Company insiders own 12.64% of the company’s stock.

Kinder Morgan Company 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.