Atlas Private Wealth Advisors Has $327,000 Stake in Kinder Morgan, Inc. (NYSE:KMI)

Atlas Private Wealth Advisors lifted its stake in shares of Kinder Morgan, Inc. (NYSE:KMI) by 12.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 18,538 shares of the pipeline company’s stock after buying an additional 2,066 shares during the quarter. Atlas Private Wealth Advisors’ holdings in Kinder Morgan were worth $327,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of the stock. Peak Financial Advisors LLC raised its stake in shares of Kinder Morgan by 13.2% during the 4th quarter. Peak Financial Advisors LLC now owns 24,085 shares of the pipeline company’s stock worth $425,000 after purchasing an additional 2,816 shares during the period. North Star Investment Management Corp. lifted its position in Kinder Morgan by 1.9% in the fourth quarter. North Star Investment Management Corp. now owns 132,866 shares of the pipeline company’s stock valued at $2,344,000 after purchasing an additional 2,540 shares during the last quarter. Foresight Capital Management Advisors Inc. bought a new stake in Kinder Morgan in the fourth quarter valued at approximately $2,004,000. Shilanski & Associates Inc. bought a new stake in Kinder Morgan in the fourth quarter valued at approximately $2,566,000. Finally, Sound Income Strategies LLC lifted its position in Kinder Morgan by 15.2% in the fourth quarter. Sound Income Strategies LLC now owns 5,148 shares of the pipeline company’s stock valued at $91,000 after purchasing an additional 681 shares during the last quarter. Institutional investors and hedge funds own 62.33% of the company’s stock.

Kinder Morgan Stock Up 0.3 %

Shares of NYSE KMI traded up $0.05 during trading on Monday, reaching $17.66. The company had a trading volume of 16,906,718 shares, compared to its average volume of 14,735,469. Kinder Morgan, Inc. has a 12-month low of $15.89 and a 12-month high of $18.30. The stock has a market cap of $39.18 billion, a PE ratio of 16.50, a P/E/G ratio of 4.96 and a beta of 0.90. The business’s 50-day moving average is $17.32 and its 200 day moving average is $17.16. The company has a quick ratio of 0.28, a current ratio of 0.35 and a debt-to-equity ratio of 0.88.

Kinder Morgan (NYSE:KMI) last announced its quarterly earnings results on Wednesday, January 17th. The pipeline company reported $0.28 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.02). The business had revenue of $4.04 billion for the quarter, compared to the consensus estimate of $4.40 billion. Kinder Morgan had a net margin of 15.59% and a return on equity of 7.57%. The company’s revenue for the quarter was down 11.8% compared to the same quarter last year. During the same period in the previous year, the company earned $0.31 earnings per share. As a group, equities analysts forecast that Kinder Morgan, Inc. will post 1.18 earnings per share for the current fiscal year.

Kinder Morgan Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, February 15th. Stockholders of record on Wednesday, January 31st were issued a dividend of $0.2825 per share. This represents a $1.13 dividend on an annualized basis and a dividend yield of 6.40%. The ex-dividend date was Tuesday, January 30th. Kinder Morgan’s payout ratio is currently 105.61%.

Insider Buying and Selling at Kinder Morgan

In other Kinder Morgan news, VP John W. Schlosser sold 7,500 shares of the stock in a transaction dated Wednesday, January 3rd. The stock was sold at an average price of $18.00, for a total value of $135,000.00. Following the transaction, the vice president now owns 3,219 shares of the company’s stock, valued at $57,942. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 12.64% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut Kinder Morgan from a “buy” rating to a “hold” rating in a research note on Friday, March 1st. Five investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $20.25.

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.