NBW Capital LLC Raises Position in Kinder Morgan, Inc. (NYSE:KMI)


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NBW Capital LLC grew its holdings in shares of Kinder Morgan, Inc. (NYSE:KMI) by 28.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 248,136 shares of the pipeline company’s stock after purchasing an additional 55,096 shares during the period. NBW Capital LLC’s holdings in Kinder Morgan were worth $3,392,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. DekaBank Deutsche Girozentrale lifted its holdings in shares of Kinder Morgan by 2.4% during the 3rd quarter. DekaBank Deutsche Girozentrale now owns 754,248 shares of the pipeline company’s stock valued at $9,288,000 after purchasing an additional 17,776 shares during the last quarter. Sterling Investment Advisors Ltd. lifted its holdings in shares of Kinder Morgan by 5.6% during the 4th quarter. Sterling Investment Advisors Ltd. now owns 129,725 shares of the pipeline company’s stock valued at $1,773,000 after purchasing an additional 6,935 shares during the last quarter. Robeco Institutional Asset Management B.V. increased its position in shares of Kinder Morgan by 2.1% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 2,169,691 shares of the pipeline company’s stock valued at $29,658,000 after acquiring an additional 44,031 shares during the period. Empirical Finance LLC increased its position in shares of Kinder Morgan by 26.7% in the 3rd quarter. Empirical Finance LLC now owns 15,790 shares of the pipeline company’s stock valued at $195,000 after acquiring an additional 3,332 shares during the period. Finally, Nichols & Pratt Advisers LLP MA increased its position in shares of Kinder Morgan by 1.1% in the 4th quarter. Nichols & Pratt Advisers LLP MA now owns 1,838,054 shares of the pipeline company’s stock valued at $25,116,000 after acquiring an additional 19,165 shares during the period. Hedge funds and other institutional investors own 60.02% of the company’s stock.

Shares of KMI stock traded up $0.13 during trading hours on Tuesday, hitting $15.30. The company’s stock had a trading volume of 255,347 shares, compared to its average volume of 18,008,633. The business has a fifty day moving average of $14.77 and a 200-day moving average of $13.79. The stock has a market cap of $34.65 billion, a price-to-earnings ratio of 303.40, a P/E/G ratio of 5.61 and a beta of 0.98. Kinder Morgan, Inc. has a twelve month low of $9.42 and a twelve month high of $22.02. The company has a current ratio of 0.61, a quick ratio of 0.54 and a debt-to-equity ratio of 1.02.

Kinder Morgan (NYSE:KMI) last posted its quarterly earnings results on Tuesday, January 19th. The pipeline company reported $0.27 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.24 by $0.03. The company had revenue of $3.12 billion for the quarter, compared to the consensus estimate of $3.06 billion. Kinder Morgan had a net margin of 1.02% and a return on equity of 6.07%. Kinder Morgan’s revenue was down 7.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.26 earnings per share. On average, equities analysts expect that Kinder Morgan, Inc. will post 0.87 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Tuesday, February 16th. Shareholders of record on Monday, February 1st were paid a dividend of $0.2625 per share. This represents a $1.05 dividend on an annualized basis and a yield of 6.86%. The ex-dividend date of this dividend was Friday, January 29th. Kinder Morgan’s dividend payout ratio is currently 110.53%.

Several equities analysts recently issued reports on the company. Barclays reissued an “equal weight” rating and issued a $15.00 target price (down from $16.00) on shares of Kinder Morgan in a research report on Tuesday, January 12th. Raymond James downgraded Kinder Morgan from an “outperform” rating to a “market perform” rating in a research report on Monday, January 11th. Zacks Investment Research downgraded Kinder Morgan from a “hold” rating to a “sell” rating and set a $16.00 target price on the stock. in a research report on Monday, January 25th. Smith Barney Citigroup began coverage on Kinder Morgan in a research report on Thursday, December 3rd. They issued an “outperform” rating on the stock. Finally, Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell began coverage on Kinder Morgan in a research report on Thursday, December 3rd. They set an “outperform” rating on the stock. Two research analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $16.53.

About Kinder Morgan

Kinder Morgan, Inc operates as an energy infrastructure company 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 underground 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 liquefaction and storage facilities.

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

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