Kinder Morgan, Inc. (NYSE:KMI) Shares Acquired by Van Hulzen Asset Management LLC

Van Hulzen Asset Management LLC lifted its position in shares of Kinder Morgan, Inc. (NYSE:KMIGet Rating) by 202.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 60,643 shares of the pipeline company’s stock after buying an additional 40,569 shares during the quarter. Van Hulzen Asset Management LLC’s holdings in Kinder Morgan were worth $960,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in KMI. Hsbc Holdings PLC raised its stake in shares of Kinder Morgan by 155.4% during the 3rd quarter. Hsbc Holdings PLC now owns 5,459,361 shares of the pipeline company’s stock worth $91,572,000 after buying an additional 3,322,167 shares during the last quarter. Janus Henderson Group PLC raised its stake in shares of Kinder Morgan by 421.7% during the 3rd quarter. Janus Henderson Group PLC now owns 2,390,445 shares of the pipeline company’s stock worth $39,991,000 after buying an additional 1,932,243 shares during the last quarter. PGGM Investments acquired a new position in shares of Kinder Morgan during the 4th quarter worth $28,544,000. Goldman Sachs Group Inc. raised its stake in shares of Kinder Morgan by 16.2% during the 3rd quarter. Goldman Sachs Group Inc. now owns 9,742,052 shares of the pipeline company’s stock worth $162,984,000 after buying an additional 1,356,574 shares during the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund raised its stake in shares of Kinder Morgan by 84.3% during the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,752,000 shares of the pipeline company’s stock worth $46,041,000 after buying an additional 1,258,858 shares during the last quarter. 58.01% of the stock is owned by institutional investors and hedge funds.

Several research firms have recently issued reports on KMI. StockNews.com assumed coverage on Kinder Morgan in a research note on Thursday, March 31st. They set a “hold” rating for the company. Zacks Investment Research raised shares of Kinder Morgan from a “hold” rating to a “buy” rating and set a $18.00 target price for the company in a research note on Tuesday, January 25th. Wolfe Research downgraded shares of Kinder Morgan from a “peer perform” rating to an “underperform” rating and boosted their target price for the company from $17.00 to $18.00 in a research note on Monday, April 11th. Finally, Barclays boosted their target price on shares of Kinder Morgan from $18.00 to $19.00 in a research note on Thursday, January 20th. Four research analysts have rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $18.36.

In other news, VP John W. Schlosser sold 1,500 shares of the business’s stock in a transaction dated Friday, March 25th. The stock was sold at an average price of $18.34, for a total transaction of $27,510.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Dax Sanders sold 91,129 shares of the business’s stock in a transaction dated Friday, April 8th. The stock was sold at an average price of $19.51, for a total value of $1,777,926.79. Following the sale, the vice president now owns 204,105 shares of the company’s stock, valued at approximately $3,982,088.55. The disclosure for this sale can be found here. 12.51% of the stock is currently owned by insiders.

KMI traded up $0.12 during midday trading on Tuesday, hitting $19.67. The company’s stock had a trading volume of 239,956 shares, compared to its average volume of 17,863,420. The company has a current ratio of 0.66, a quick ratio of 0.56 and a debt-to-equity ratio of 0.96. The firm has a market cap of $44.60 billion, a P/E ratio of 25.06, a PEG ratio of 6.03 and a beta of 0.95. The firm has a 50-day moving average price of $18.12 and a two-hundred day moving average price of $17.29. Kinder Morgan, Inc. has a 52-week low of $15.01 and a 52-week high of $19.65.

Kinder Morgan (NYSE:KMIGet Rating) last posted its quarterly earnings results on Wednesday, January 19th. The pipeline company reported $0.27 EPS for the quarter, beating the consensus estimate of $0.26 by $0.01. The company had revenue of $4.43 billion during the quarter, compared to analysts’ expectations of $3.61 billion. Kinder Morgan had a return on equity of 9.49% and a net margin of 10.74%. The firm’s revenue was up 42.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.27 EPS. On average, equities analysts expect that Kinder Morgan, Inc. will post 1.07 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Tuesday, February 15th. Stockholders of record on Monday, January 31st were issued a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a dividend yield of 5.49%. The ex-dividend date of this dividend was Friday, January 28th. Kinder Morgan’s payout ratio is currently 138.46%.

About Kinder Morgan (Get Rating)

Kinder Morgan, Inc operates as an energy infrastructure company in North America. The company operates through four segments: Natural Gas Pipelines, Products Pipelines, Terminals, and CO2. 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.

Featured Stories

Want to see what other hedge funds are holding KMI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Kinder Morgan, Inc. (NYSE:KMIGet Rating).

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

Receive News & Ratings for Kinder Morgan Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kinder Morgan and related companies with MarketBeat.com's FREE daily email newsletter.